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:
Sep. 23, 2025

Filed:

May. 01, 2024
Applicant:

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

Inventors:

Lee Amaitis, Las Vegas, NV (US);

Andrew Garrood, New York, NY (US);

Mike Colbert, Las Vegas, NV (US);

Heather Parks, Las Vegas, NV (US);

Anthony Storm, Hertfordshire, GB;

Foster Barton, London, GB;

Thomas D. Bradshaw, New York, 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);
U.S. Cl.
CPC ...
G07F 17/323 (2013.01); G06Q 50/34 (2013.01); G07F 17/3244 (2013.01); G07F 17/3269 (2013.01); G07F 17/3288 (2013.01); G07F 17/3293 (2013.01);
Abstract

Techniques for determining odds for electronic betting on a live sporting event automatically based on trusted sources are described. For example, information related to an in-progress, live sporting event is received from sources. Each source has a calculated, respective trust score. Once the live sporting event has started, but before a certain outcome of the live sporting event has been determined, possible future values of the outcome are determined. A respective probability for each of the possible future values is calculated based on the information and reliability information. The reliability information is based on the respective trust scores of the sources. Based on the probabilities and repeated calculations of the reliability information, odds for betting that one of the possible future values of the outcome is calculated.


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