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.
Patent No.:
Date of Patent:
Jan. 04, 2022
Filed:
Nov. 12, 2020
Applicant:
Adrenalineip, Washington, DC (US);
Inventors:
Casey Alexander Huke, Washington, DC (US);
John Cronin, Jericho, VT (US);
Joseph W. Beyers, Saratoga, CA (US);
Michael D'Andrea, Burlington, VT (US);
Harrison Grant, Anaheim, CA (US);
Michael Baker, Georgie, VT (US);
Assignee:
AdrenalineIP, Washington, DC (US);
Attorney:
Primary Examiner:
Assistant Examiner:
Int. Cl.
CPC ...
G07F 17/32 (2006.01);
U.S. Cl.
CPC ...
G07F 17/3288 (2013.01); G07F 17/3223 (2013.01); G07F 17/3276 (2013.01);
Abstract
A method of reducing the exposure of a wagering network when the exposure exceeds a threshold due to an imbalance of wagers placed on one outcome compared to other outcomes by offering updated odds to users having placed wagers on less favored outcomes and further offering to update the odds of their original wager if they increase their wager amount to incentivize the users to increase their wager, thus reducing the exposure of the wagering network.