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Live In Game Betting License

A method for high frequency wagering in a game with incremental play events, comprising receiving a real-time stream of game data for a live game,

Receiving Real-Time Game Data Claim: Receiving a real-time stream of game data for a live game; analyzing the game data to detect a betting event associated with a play event about to take place in the live game.

Receiving Real-Time Game Data: Apps like DraftKings and FanDuel receive real-time data streams from live sports events, including player movements, scores, and other metrics. This data is essential for identifying betting opportunities as the game progresses.

Analyzing Game Data to Detect Betting Events: These apps analyze the incoming game data to identify specific moments suitable for betting. For instance, they might detect when a team is about to attempt a field goal in football or when a player is about to take a free throw in basketball.

Transmitting Betting Options: Once a betting event is detected, the apps transmit various betting options to the user’s device. These options are related to the potential outcomes of the detected play event, allowing users to place bets on specific scenarios.

Receiving and Processing Bets: Users select their desired betting option and transmit their choice back to the app. The system records the timestamp of when the bet was placed to ensure it falls within the designated betting window.

Bet Acceptance: The app compares the timestamp of the bet with the betting window to determine if the bet is valid. If the bet is placed within the allowed time frame, it is accepted. This process occurs without interrupting the live game, ensuring a seamless experience for the user.

GEOLocation & Fraud Detection License

Detecting fraudulent location data by verifying consistency in network delay across alls types of communications previously received from the participant device. Verifying that the participant device is physically and currently located in a permitted area.

Overview of Geolocation Verification:: The method of claim 1, further comprising verifying a location of the participant device before transmitting the plurality of options.This claim involves verifying the location of the participant’s device before transmitting betting options. This ensures that bets are placed from authorized locations, complying with legal and regulatory requirements.

Geolocation Verification: Apps like DraftKings and FanDuel use geolocation technology to verify that users are within legal jurisdictions where betting is permitted. Before transmitting betting options, the app checks the user’s location to ensure compliance with local regulations.

Transmitting Betting Options: Once the user’s location is verified, the app transmits various betting options related to the potential outcomes of the detected play event. This step ensures that only users in authorized locations can place bets.

Sports betting apps that implement geolocation verification before transmitting betting options could potentially infringe on Claim 3 of the patent. By verifying the location of the participant’s device and ensuring that bets are placed from authorized locations, these apps are performing the steps outlined in Claim 3.

Apps Sportsbooks leverage You Call The Play patents:

• DraftKings: Uses geolocation technology to verify user locations before allowing bets.

• FanDuel: Similar to DraftKings, it employs geolocation verification to ensure compliance with legal requirements.

• BetMGM: Uses geolocation technology to verify user locations before transmitting betting options.

• Caesars Sportsbook: Ensures that bets are placed from authorized locations using geolocation verification.

DYNAMIC BETTING ODDS LICENSE

The world of live sports betting is ever growing and evolving, and we’re not just talking about over and under. With the consistent introduction of live streams and distribution channels, the opportunity for profit grows, but so does the complexity. That’s where we come in.

Dynamic Betting Odds Claim: The system dynamically adjusts betting odds based on real-time game data and other relevant factors. This claim involves the system’s ability to adjust betting odds dynamically as the game progresses. The odds are updated in real-time based on various factors such as player performance, game statistics, and other relevant data. This ensures that the betting odds reflect the current state of the game, providing a more accurate and engaging betting experience.

Real-Time Data Integration: Apps like DraftKings and FanDuel integrate real-time game data to adjust betting odds dynamically. As the game progresses, the odds are updated based on the latest information, such as player performance and game statistics.

Algorithmic Adjustments: These apps use sophisticated algorithms to analyze real-time data and adjust the betting odds accordingly. For instance, if a key player is injured or a team gains a significant lead, the odds are adjusted to reflect these changes.

User Interface Updates: The apps update the user interface in real-time to display the latest betting odds. This ensures that users have access to the most current odds when placing their bets.

Sports betting apps that implement dynamic betting odds based on real-time data could potentially infringe on this claim of the patent. By integrating real-time data, using algorithms to adjust odds, and updating the user interface to reflect these changes, these apps are performing the steps outlined in the dynamic betting odds claim.

Free to Play License

A method for predicting live events in a game with incremental play events, comprising:receiving a real-time stream of game data for a live game, wherein the game data contains a series of play events which result for free to play and rewards.