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公开(公告)号:US12211346B2
公开(公告)日:2025-01-28
申请号:US17882661
申请日:2022-08-08
Applicant: CG TECHNOLOGY DEVELOPMENT, LLC
Inventor: Lee Amaitis , Andrew Garrood , Mike Colbert , Heather Parks , Anthony Storm , Foster Barton , Thomas D. Bradshaw
Abstract: Methods and systems are provided for managing a wagering system. In one exemplary embodiment, state information of a live event such as a sports game may be received in real time. During the event, a plurality of possible future states of the event and their associated probabilities (and odds) may be determined based on the state information, historical information, and current in-game information. A betting market is created for betting on the possible future states at determined odds. The betting market is closed and winning and losing bets are resolved based on updated state information.
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公开(公告)号:US20230274618A1
公开(公告)日:2023-08-31
申请号:US18144906
申请日:2023-05-09
Applicant: CG TECHNOLOGY DEVELOPMENT, LLC
Inventor: Anthony Storm , Foster Barton , Andrew Garrood , Thomas Bradshaw
IPC: G07F17/32 , G06Q10/04 , G06Q50/34 , G07F9/00 , A63F13/00 , G06F3/0482 , G06F3/04842 , G06F3/0488
CPC classification number: G07F17/3288 , G06Q10/04 , G06Q50/34 , G07F9/002 , G07F9/00 , A63F13/00 , G06F3/0482 , G06F3/04842 , G06F3/0488 , G07F17/3244
Abstract: Methods and systems for managing a wagering system may receive a stream of state information of a live sporting event in real time and determine initial and possible future states of a first performance parameter of the event based on the stream. After a beginning of the game and before the start of the event, a probability of occurrence is calculated for possible future states of the first performance parameter, based on historical data. During an initial state of the first performance parameter, a signal operative to open a first market for betting on the possible future states based on the probability of occurrence is transmitted. Before an end of the initial state, a signal operative to close the first market is transmitted, and then an outcome of the first performance parameter is determined based on the stream. Payouts of the first market are resolved based on the outcome.
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公开(公告)号:US11087598B2
公开(公告)日:2021-08-10
申请号:US16594388
申请日:2019-10-07
Applicant: CG TECHNOLOGY DEVELOPMENT, LLC
Inventor: Lee Amaitis , Andrew Garrood , Mike Colbert , Heather Parks , Anthony Storm , Foster Barton , Thomas D. Bradshaw
Abstract: Techniques for creating and managing wagers on possible states within a live event, such as possible outcomes of subparts of a sporting event or other possible occurrences within the event. An initial state and multiple possible future states of a performance parameter of the event are determined based on state information of the event. A betting market may be created by determining probabilities and odds for the possible future states. Bets may be made on the possible future states via a touch-sensitive display. A payout may be made to a winner who selects a possible future state that actually occurs.
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公开(公告)号:US20190172318A1
公开(公告)日:2019-06-06
申请号:US16268919
申请日:2019-02-06
Applicant: CG TECHNOLOGY DEVELOPMENT, LLC
Inventor: Anthony Storm , Foster Barton , Andrew Garrood , Thomas Bradshaw
IPC: G07F17/32 , G06Q10/04 , G06F3/0488 , G07F9/00 , G06F3/0482 , A63F13/00 , G06Q50/34 , G06F3/0484
Abstract: Methods and systems are provided herewith for managing a wagering system. In one exemplary embodiment, a stream of state information of a live sporting event is received in real time. A computer processor determines an initial state and a plurality of possible future states of a first performance parameter of the live sporting event based on the stream of state information. After a beginning of the game and before the start of the event, a probability of occurrence is calculated for at least one of the plurality of possible future states of the first performance parameter based on historical data related to the first performance parameter. The plurality of possible future states are mutually exclusive from one another. During an initial state of the first performance parameter, a signal operative to open a first market for betting on the at least one of the plurality of possible future states is transmitted. The first market comprises betting odds based on the calculated probability of occurrence. After transmitting the signal operative to open the first market, an end of the initial state is determined. Before the end of the initial state, a signal operative to close the first market is transmitted. After transmitting the signal operative to close the first market, an outcome of the first performance parameter is determined based on the received stream of state information. A signal operative to resolve one or more payouts of the first market is transmitted, in which the signal indicates the outcome of the first performance parameter.
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公开(公告)号:US20190122482A1
公开(公告)日:2019-04-25
申请号:US16222657
申请日:2018-12-17
Applicant: CG TECHNOLOGY DEVELOPMENT, LLC
Inventor: Lee Amaitis , Andrew Garrood , Mike Colbert , Heather Parks , Anthony Storm , Foster Barton , Thomas D. Bradshaw
CPC classification number: G07F17/323 , G06Q50/34 , G07F17/3269 , G07F17/3288 , G07F17/3293
Abstract: Methods and systems are provided for managing a wagering system. In one exemplary embodiment, state information of a live event such as a sports game may be received in real time. During the event, a plurality of possible future states of the event and their associated probabilities (and odds) may be determined based on the state information, historical information, and current in-game information. A betting market is created for betting on the possible future states at determined odds. The betting market is closed, and winning and losing bets are resolved based on updated state information.
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公开(公告)号:US12067849B2
公开(公告)日:2024-08-20
申请号:US18144906
申请日:2023-05-09
Applicant: CG TECHNOLOGY DEVELOPMENT, LLC
Inventor: Anthony Storm , Foster Barton , Andrew Garrood , Thomas Bradshaw
IPC: G07F17/32 , A63F13/00 , G06F3/0482 , G06F3/04842 , G06F3/0488 , G06Q10/04 , G06Q50/34 , G07F9/00
CPC classification number: G07F17/3288 , A63F13/00 , G06F3/0482 , G06F3/04842 , G06F3/0488 , G06Q10/04 , G06Q50/34 , G07F9/00 , G07F9/002 , G07F17/3244
Abstract: Methods and systems for managing a wagering system may receive a stream of state information of a live sporting event in real time and determine initial and possible future states of a first performance parameter of the event based on the stream. After a beginning of the game and before the start of the event, a probability of occurrence is calculated for possible future states of the first performance parameter, based on historical data. During an initial state of the first performance parameter, a signal operative to open a first market for betting on the possible future states based on the probability of occurrence is transmitted. Before an end of the initial state, a signal operative to close the first market is transmitted, and then an outcome of the first performance parameter is determined based on the stream. Payouts of the first market are resolved based on the outcome.
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公开(公告)号:US20210366241A1
公开(公告)日:2021-11-25
申请号:US17397079
申请日:2021-08-09
Applicant: CG TECHNOLOGY DEVELOPMENT, LLC
Inventor: Lee Amaitis , Andrew Garrood , Mike Colbert , Heather Parks , Anthony Storm , Foster Barton , Thomas D. Bradshaw
Abstract: Techniques for creating and managing wagers on possible states within a live event, such as possible outcomes of subparts of a sporting event or other possible occurrences within the event. An initial state and multiple possible future states of a performance parameter of the event are determined based on state information of the event. A betting market may be created by determining probabilities and odds for the possible future states. Bets may be made on the possible future states via a touch-sensitive display. A payout may be made to a winner who selects a possible future state that actually occurs.
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公开(公告)号:US10720012B2
公开(公告)日:2020-07-21
申请号:US16222657
申请日:2018-12-17
Applicant: CG TECHNOLOGY DEVELOPMENT, LLC
Inventor: Lee Amaitis , Andrew Garrood , Mike Colbert , Heather Parks , Anthony Storm , Foster Barton , Thomas D. Bradshaw
Abstract: Methods and systems are provided for managing a wagering system. In one exemplary embodiment, state information of a live event such as a sports game may be received in real time. During the event, a plurality of possible future states of the event and their associated probabilities (and odds) may be determined based on the state information, historical information, and current in-game information. A betting market is created for betting on the possible future states at determined odds. The betting market is closed, and winning and losing bets are resolved based on updated state information.
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公开(公告)号:US10223871B2
公开(公告)日:2019-03-05
申请号:US14470222
申请日:2014-08-27
Applicant: CG TECHNOLOGY DEVELOPMENT, LLC
Inventor: Anthony Storm , Foster Barton , Andrew Garrood , Thomas Bradshaw
IPC: A63F13/00 , G07F17/32 , G06Q10/04 , G06Q50/34 , G07F9/00 , G06F3/0482 , G06F3/0484 , G06F3/0488
Abstract: Methods and systems are provided herewith for creating and managing wagers on possible states or outcomes within a live event, such as outcomes of at-bats, innings, and other subparts of a sporting event or other event. An initial state and multiple possible future states of a performance parameter of the event may be determined based on state information of the event. A betting market may be created based on probabilities and odds determined for the possible future states. The betting market may be closed at a time after bets are received and before an end of an initial state. A payout may be made to a winner who selected the correct outcome of the performance parameter.
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公开(公告)号:US20240282167A1
公开(公告)日:2024-08-22
申请号:US18652762
申请日:2024-05-01
Applicant: CG Technology Development, LLC
Inventor: Lee AMAITIS , Andrew Garrood , Mike Colbert , Heather Parks , Anthony Storm , Foster Barton , Thomas D. Bradshaw
CPC classification number: G07F17/323 , G06Q50/34 , G07F17/3244 , G07F17/3269 , G07F17/3288 , G07F17/3293
Abstract: Methods and systems are provided for managing a wagering system. In one exemplary embodiment, state information of a live event such as a sports game may be received in real time. During the event, a plurality of possible future states of the event and their associated probabilities (and odds) may be determined based on the state information, historical information, and current in-game information. A betting market is created for betting on the possible future states at determined odds. The betting market is closed and winning and losing bets are resolved based on updated state information.
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