PATENT CLAIM ANALYSIS

Application Number: 16131991
Application Type: Utility
Filing Date: 2018-09
Publication Date: 2019-02
Patent Classification: ["463", "028000"]

Abstract:
This disclosure provides a wagering system associated with a first wagering facility, the system communicably coupled with a network and including a memory operable to store betting odds on a plurality of wagering events hosted by the first wagering facility. The system further includes a processor coupled to the memory and operable to receive a first bet on a particular event via the network, the particular event comprising at least one of the wagering events hosted by the first wagering facility. If a second bet is received within a predetermined period of time after the first bet is received, then the processor recalculates the betting odds on the particular event based upon both of the first bet and the second bet. If a second bet is not received within a predetermined period of time after the first bet is received, then the processor recalculates the betting odds on the particular event based upon the first bet.

Claim (Index 5):
A method comprising:\n receive, through a network interface, odds for a wagering event at a host wagering facility; distribute the odds for the wagering event to a plurality of simulcast wagering facilities, in which a first simulcast wagering facility includes a website and a second simulcast wagering facility includes a plurality of physical betting terminals; receive, through the network interface from the first simulcast wagering facility a first bet on the at least one wagering event; receive, through the network interface from the second simulcast wagering facility a second bet on the at least one wagering event; transmit the first bet and the second bet to a host wagering facility, wherein each of the first bet and the second bet comprise a timestamp, wherein the host wagering facility hosts the at least one wagering event; receive a stop bet command from the host wagering facility, wherein the stop bet command is an indication that no bets on the at least one wagering event will be accepted; receive from the host wagering facility an indication that the host wagering facility accepted the first bet based at least in part on the host wagering facility determining that the first bet was transmitted by the first simulcast wagering facility prior to the generation of the stop bet command; collect audit information describing the first bet, the audit information includes a bet identifier, a timestamp, an amount of bet, an identifier of the first simulcast wagering facility, and an identifier of the host wagering facility; receive recalculated odds for the wagering event based on the first bet being placed on the wagering event; in response to receiving the recalculated odds, distribute the recalculated odds for the wagering event to the plurality of simulcast wagering facilities; receive from the second wagering facility an indication that the host wagering facility denied the second bet based at least in part on the host wagering facility determining that the second bet was transmitted by the second simulcast wagering facility subsequently to the generation of the stop bet command; convey to the second simulcast wagering facilities that the second bet has been denied; and determine, by a computing device, an account settlement between the host wagering facility and the plurality of simulcast wagering facilities based at least in part on the audit information, and an outcome of the wagering event.

Metadata:
- Claim Count in Document: 11.0
- Percentile: 97.0
- Lexical Diversity: 2.82759
- Patent Class: 463.0
- Transitional Phrase Type: open
- Component Type: 1
- Foreign Priority: False
- Related Applications: ['11968407', '14246586', '10798106', '13470546', '10798115']

Analysis Scores:
- 35 USC 101 Eligibility (BERT): 0.4108053892473111
- 35 USC 102 Novelty (BERT): 0.6316872293890555
- Combined Prediction Score: 0.4328935732614855
- Mean Citation Score: 563.30738
- Max Citation Score: 635.2209
- Similarity Product: 584.0571031360209

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

Dataset: test