US 12,217,574 B2Granted

Sensor data improving wagering odds

AssigneeAdrenalineIP

InventorsCasey Alexander Huke, John Cronin, Joseph Bodkin

Life of this patent

Estimating the term…

Loading patent…

Abstract

A system involving analytics and collecting sensor data in real time. This system allows players to predict and wager on players actions during the course of a play that has yet to occur by collecting sensor data on the players to create a historical database. Utilizing an algorithm, the wagering odds may be improved using the various sensor data collected using artificial intelligence or machine learning. The algorithm may determine the probability of the outcome of the play through player's sensor data and these probabilities of the outcome provide additional data for a wagering platform to provide improved wagering odds to its users.

Claims14

Dependent claims

A system comprising:

a plurality of sensors that are configured to capture sensor data from a live event, the plurality of sensors comprising a camera and an accelerometer that capture and transmit real time data of at least one of:
player tracking data of at least one player participating in the live event and object tracking data of an object used in the live event,
an in-play sports gaming platform, and
a user device,
wherein the in-play sports gaming platform is configured to:
receive and store the captured sensor data,
filter a historical sensor database on similar event data matching a wager ID,
wherein the wager ID identifies individual wagers,
determine that there is a high correlation between the captured sensor data and the similar event data when a correlation from the captured sensor data and the filtered data in the historical sensor database is above a predetermined threshold,
determine a probability of occurrence of an event associated with the wager ID, and
update wagering odds offered by the in-play sports gaming platform based on results of the event.

8 more elements

Dependencies are inferred from the claim text.

Facts

Application: 17/847,854Filed 23 Jun 2022 · continuation
Priority: 7 Feb 2020
Published: US 2022/0319280 A16 Oct 2022
Granted: 4 Feb 2025
Term ends: Not estimatedThe source records don’t support an estimate.

Classification9 codes

G07F 17/3288
Type of games: betting, e.g. on live events, bookmaking
G06N 7/01
Computing arrangements based on specific mathematical models: probabilistic graphical models, e.g. probabilistic networks
G06Q 20/389
Payment protocols; Details thereof: keeping log of transactions for guaranteeing non-repudiation of a transaction
G06Q 20/405
Authorisation, e.g. identification of payer or payee, verification of customer or shop credentials; Review and approval of payers, e.g. check…:…

Family

Application62/971,337Us provisional application · filed 7 Feb 2020
Application17/083,736Parent of this continuation · filed 29 Oct 2020
US 2022/0319280 A1Pre-grant publication · published 6 Oct 2022
US 11,373,485 B2Parent of this continuation
US 2021/0248875 A1Published application
US 12,217,574 B2This patent

From the US filing history. Foreign family members aren’t listed.

Timeline

Citations

Open elsewhere

Building an agent or pulling many patents? Use the API or MCP server instead of scraping pages. Get an API key