PATENT CLAIM ANALYSIS

Application Number: 15971167
Application Type: Utility
Filing Date: 2018-05
Publication Date: 2018-11
Patent Classification: ["463", "025000"]

Abstract:
A system and method for user created 2-dimensional risk classes and levels is described. In one embodiment, this matrix allows the user to create and select risk thresholds for the placement of bets that from an investment perspective can lead to the construction of a new type of financial instrument similar to low yield, low risk government issued bonds. In a second embodiment this is a zero-consideration contest where users compete at no cost for prizes to be awarded. In a third embodiment (and where it is legal to do so), this is a gambling application. The risk matrix is created and managed by the user and no one else. Included are computer runs that highlight important aspects of the invention. Finally, a tangible new game embodiment is described that replaces a standard Roulette table surface and wheel with new embodiments that implement the 2-dimensional risk classes described herein.

Claim (Index 3):
A zero-consideration contest consisting of:\n a matrix including a plurality of cells, wherein each cell represents a unique probability of winning for the game; a queue for one or more participants; and a random number generator; wherein each participant may selectively bet on one or more cells; wherein the random number generator generates a random number that corresponds to one of the plurality of cells; and wherein each participant that selected bet on the corresponding one of the plurality of cells is awarded a payout proportional to the number of participants in the queue. wherein a strategy framework that allows the participant to create and manage their risk exposure (chance) to any arbitrary numerical precision between 0% and 100%.

Metadata:
- Claim Count in Document: 5.0
- Percentile: 93.0
- Lexical Diversity: 1.7234
- Patent Class: 463.0
- Transitional Phrase Type: closed
- Component Type: 1
- Foreign Priority: False
- Related Applications: ['13620735', '13185497', '11399620', '13767245', '11870156']

Analysis Scores:
- 35 USC 101 Eligibility (BERT): 0.3744087319040431
- 35 USC 102 Novelty (BERT): 0.4784759084610768
- Combined Prediction Score: 0.3848154495597465
- Mean Citation Score: 218.44057
- Max Citation Score: 220.29028
- Similarity Product: 158.2450221940875

Labels:
- Claim Label 101: 0
- Claim Label 102: 1
- Claim Label 103: 1
- Claim Label 112: 0
- Combined Label: 0
- Label 101 Adjusted: 0

Dataset: test