US 12,354,443 B2
Method of using telemetry data to determine wager odds at a live event
Casey Alexander Huke, Washington, DC (US); John Cronin, Jericho, VT (US); Michael D'Andrea, Burlington, VT (US); and Joseph W. Beyers, Saratoga, CA (US)
Assigned to AdrenalineIP, Washington, DC (US)
Filed by AdrenalineIP, Washington, DC (US)
Filed on Jun. 10, 2024, as Appl. No. 18/738,311.
Application 18/738,311 is a continuation of application No. 17/718,608, filed on Apr. 12, 2022, granted, now 12,008,863.
Claims priority of provisional application 63/253,223, filed on Oct. 7, 2021.
Prior Publication US 2024/0331505 A1, Oct. 3, 2024
This patent is subject to a terminal disclaimer.
Int. Cl. G07F 17/32 (2006.01)
CPC G07F 17/3269 (2013.01) [G07F 17/3227 (2013.01); G07F 17/3288 (2013.01)] 8 Claims
OG exemplary drawing
 
1. A system for wagering on event outcomes, comprising:
a live event;
at least one competitor;
at least one processor;
at least one memory having instructions stored thereon executed by the at least one processor to:
identify a first action situation;
identify at least one plurality of possible future states regarding the live event;
initiate an odds calculation module to determine probability and wager odds of an at least one future event occurring based on the first play situation;
generate at least one wager based on the probability and wager odds of the at least one future event occurring, and provide the wager to a wagering application interface;
filter a historical plays database based on the first action situation, and use the odds calculation module and historical plays data from the historical plays database to determine the probability and wager odds of the at least one future event occurring; and
recalculate, using the odds calculation module, the wager odds based on a comparison of different correlations which are determined by the filtering of the historical plays database and performing correlations on the filtered data based on one or more parameters.