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 1):
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 a third simulcast wagering facility, a bet placed by a bettor on the wagering event, wherein the bet is made through the third simulcast wagering facility; in response to receiving the bet, transmit, through the network interface, the bet to the host wagering facility; in response to receiving the bet, collect audit information describing the bet, the audit information includes a bet identifier, a timestamp, an amount of bet, an identifier of the third simulcast wagering facility, and an identifier of the host wagering facility; receive, through the network interface, recalculated odds for the wagering event based on the 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, through the network interface, a stop bet command from the host wagering facility; after receiving the stop bet command, receive, through the network interface, a second bet from one of the plurality of simulcast wagering facilities; in response to receiving the stop bet command, distribute the stop bet command to the plurality of simulcast wagering facilities; in response to receiving the second bet, transmit, through the network interface, the second bet to the host waging facility; in response to receiving the second bet, collecting second audit information describing the second bet; receive, through the network interface from the host wagering facility, an indication that the host wagering facility accepted the second bet, based at least in part on the host wagering facility determining that the second bet was transmitted by the one of the plurality of simulcast wagering facility prior to the generation of the stop bet command; convey to the one of the plurality of simulcast wagering facilities that the second bet has been accepted; 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, the second 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): 0.4176793391123293
- 35 USC 102 Novelty (BERT): 0.6138264716543638
- Combined Prediction Score: 0.4372940523665328
- Mean Citation Score: 563.30738
- Max Citation Score: 635.2209
- Similarity Product: 525.0295340689838

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