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US 2022/0188959 A1Published application
Method of displaying a notification from a betting application using ai that can impact normal betting
AssigneeAdrenalineIP
InventorsCasey Alexander HUKE, John CRONIN, Joseph W. BEYERS, Harrison GRANT
Life of this patent
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Abstract
A system for wagering on outcomes of a live sporting event. The system includes an artificial intelligence-based process which will notify users when wagers that would be of interest to them are available. These notifications could be used to drive users to wagers where there is an imbalance wagers in order to reduce risk for the offeror of the wager.
Claims4
A system for providing wagers in a wagering system, comprising:
- data received related to a sporting event;
- a wagering application having an interface;
- one or more wagers offered on an action in the sporting event;
- a risk score;
- a risk module initiated by a comparison of the risk score to a predetermined threshold, the risk module extracts data from a current wager database, calculates a main risk and at least one secondary risk, calculates a secondary risk factor, and calculates a final risk;
- and
- an exposure mitigation module that outputs mitigating wager options in response to the final risk on the wagering application interface;
- wherein the risk score comprises a calculation of the main risk based on an imbalance among wager options and an adjustment to the main risk based on at least one secondary risk factor.
5 more elements
A system for providing wagers in a wagering system, comprising:
- data received related to a sporting event;
- a wagering application having an interface;
- one or more wagers offered on an action in the sporting event;
- a risk score;
- a risk module initiated by a comparison of the risk score to a predetermined threshold, wherein the risk module extracts data from a current wager database;
- and
- an exposure mitigation module that outputs mitigating wager options in response to the final risk on the wagering application interface;
- a notification module that sends the mitigating wager options to one or more users;
- and
- a bet finder module that finds the one or more users with wagering preferences associated with the wager mitigation options.
7 more elements
Dependencies are inferred from the claim text.