PATENT CLAIM ANALYSIS

Application Number: 15884876
Application Type: Utility
Filing Date: 2018-01
Publication Date: 2018-06
Patent Classification: ["463", "013000"]

Abstract:
A system, method and apparatus provides a unique betting product where multiple players or groups of players may construct and contribute to (“crowdfund”) one or more tickets and behave as a single “player”. Players make selections in one or more different events. Players who are in contention to win may be offered an opportunity to sell their tickets, in whole or in part, in response to a full or partial buy-out offer made at any time prior to completion of a wagering event.

Claim (Index 1):
A wagering system, comprising:\n an initial wagering input device, corresponding to an initial player of one or more players, for generating a request to initiate a crowdfunded wager in a wagering event, wherein the crowdfunded wager is a wager funded by one or more players; one or more additional wagering input devices, corresponding to the one or more players, for placement of at least one wager for participation in the crowdfunded wager; and a system controller configured to communicate with the initial wagering input device and the one or more wagering input devices, said system controller comprising a processor and a memory having instructions stored thereon, which, when executed by the processor performs an operation of conducting a wagering event, comprising:\n initiating a conditional wager based on the request to initiate the crowdfunded wager in the wagering event; \n broadcasting the conditional wager to each of the one or more additional wagering input devices, to prompt the one or more players to contribute to the conditional wager; \n receiving a single contribution amount from a single additional wagering input devices of the one or more additional wagering input devices; \n adding the single contribution amount to a total contribution amount of the conditional wager; \n converting the conditional wager to a crowdfunded wager, based on the total contribution amount of the conditional wager.

Metadata:
- Claim Count in Document: 140.0
- Percentile: 86.0
- Lexical Diversity: 1.46154
- Patent Class: 463.0
- Transitional Phrase Type: open
- Component Type: 1
- Foreign Priority: False
- Related Applications: ['15422348', '14833572', '14990538', '14275136', '15212392']

Analysis Scores:
- 35 USC 101 Eligibility (BERT): 0.3881349262584497
- 35 USC 102 Novelty (BERT): 0.5605787211341444
- Combined Prediction Score: 0.4053793057460192
- Mean Citation Score: 386.669808
- Max Citation Score: 484.46042
- Similarity Product: 428.3620290139294

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

Dataset: test