The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.

The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.

Date of Patent:
Aug. 10, 2021

Filed:

Oct. 07, 2019
Applicant:

CG Technology Development, Llc, Las Vegas, NV (US);

Inventors:

Lee Amaitis, Palm Beach Gardens, FL (US);

Andrew Garrood, Henderson, GB;

Mike Colbert, Las Vegas, NV (US);

Heather Parks, Las Vegas, NV (US);

Anthony Storm, Maidenhead, GB;

Foster Barton, London, GB;

Thomas D. Bradshaw, Forest Hills, NY (US);

Assignee:

CG TECHNOLOGY DEVELOPMENT, LLC, Las Vegas, NV (US);

Attorney:
Primary Examiner:
Int. Cl.
CPC ...
G07F 17/32 (2006.01); G06Q 50/34 (2012.01); G06F 17/40 (2006.01);
U.S. Cl.
CPC ...
G07F 17/3288 (2013.01); G06F 17/40 (2013.01); G06Q 50/34 (2013.01); G07F 17/3244 (2013.01);
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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