Unknown Organization (20240265783). ONLINE SPORTS BETTING PLATFORM AND METHODS FOR USE simplified abstract
Contents
ONLINE SPORTS BETTING PLATFORM AND METHODS FOR USE
Organization Name
Inventor(s)
Ruel Pile of Newport News VA (US)
ONLINE SPORTS BETTING PLATFORM AND METHODS FOR USE - A simplified explanation of the abstract
This abstract first appeared for US patent application 20240265783 titled 'ONLINE SPORTS BETTING PLATFORM AND METHODS FOR USE
The abstract describes a gaming platform within a gaming network where players can place bets using picks for a set of games played in a specific time period. A casino provides match data such as point spreads, moneylines, and over/under amounts, along with a date and time stamp to ensure the values are verifiable. A game management server tracks picks and associates them with the match data. After the games are completed, a determination process is executed to determine a winner based on various factors.
- The gaming platform allows players to place bets on a set of games within a specific time frame.
- A casino provides match data including point spreads, moneylines, and over/under amounts with verifiable timestamps.
- A game management server tracks player picks and matches them with the provided match data.
- A determination process is executed after the games to determine a winner based on various factors.
Potential Applications: - Online sports betting platforms - Gaming networks with betting capabilities - Virtual casinos with real-time match data integration
Problems Solved: - Ensuring verifiability of match data in gaming platforms - Tracking and associating player picks with match data accurately - Facilitating fair determination of winners in betting contests
Benefits: - Enhanced user engagement in gaming platforms - Increased transparency and trust in betting processes - Streamlined tracking and management of player picks
Commercial Applications: Title: "Innovative Gaming Platform for Sports Betting" This technology can be utilized in online sports betting platforms, virtual casinos, and gaming networks to enhance user experience and increase revenue through betting activities.
Questions about the technology: 1. How does the game management server ensure accurate tracking and association of player picks with match data? 2. What measures are in place to prevent fraud or manipulation of match data in the gaming platform?
Original Abstract Submitted
a gaming platform within a gaming network allows players to place bets using picks for a set of games played in a particular time period. a casino provides the match data of point spreads, moneylines, and over/under amounts along with a date and time stamp to certify that the values for these data points are verifiable. a game management server tracks picks and associates them with the match data. after completion of the games, a determination process is executed to determine a winner of the contest depending on several factors and variations.
