How SportRadar and Genius Sports use YCTP Patents.
SportRadar, along with Genius Sports, leverage patents related to interactive streaming and betting technology. The specific patent in question, “Systems and Methods for Facilitating Betting in a Game” (Application #20220122426), outlines a system for high-frequency wagering on incremental play events during live games1.
Real-Time Data Integration: The patent describes receiving a real-time stream of game data and analyzing it to detect betting events. SportRadar’s technology similarly integrates real-time data to offer live betting options, which could be seen as infringing on this aspect of the patent1.
Transmission of Betting Options: The patent involves transmitting a variety of betting options to users based on detected play events. SportRadar’s platforms also provide users with multiple betting options during live events, potentially infringing on this claim1.
Timestamp and Betting Window: The patent includes the use of timestamps and betting windows to ensure bets are placed within an acceptable timeframe. SportRadar’s systems likely use similar mechanisms to manage in-play bets, which could be another point of infringement1.
Outcome Determination and Reward Calculation: The patent covers determining the outcome of play events and calculating rewards based on user bets. SportRadar’s technology that provides immediate feedback and reward calculation for live bets.