US 12,424,056 B2
Wagering on event outcomes during the event
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); and Thomas D. Bradshaw, New York, NY (US)
Assigned to CG Technology Development, LLC, Las Vegas, NV (US)
Filed by CG Technology Development, LLC, Las Vegas, NV (US)
Filed on May 1, 2024, as Appl. No. 18/652,762.
Application 18/652,762 is a continuation of application No. 17/882,661, filed on Aug. 8, 2022, granted, now 12,211,346.
Application 17/882,661 is a continuation of application No. 16/932,977, filed on Jul. 20, 2020, granted, now 11,410,492, issued on Aug. 9, 2022.
Application 16/932,977 is a continuation of application No. 16/222,657, filed on Dec. 17, 2018, granted, now 10,720,012, issued on Jul. 21, 2020.
Application 16/222,657 is a continuation of application No. 14/788,013, filed on Jun. 30, 2015, granted, now 10,198,903, issued on Feb. 5, 2019.
Application 14/788,013 is a continuation of application No. 13/612,057, filed on Sep. 12, 2012, granted, now 9,076,305, issued on Jul. 7, 2015.
Application 13/612,057 is a continuation of application No. 13/023,551, filed on Feb. 9, 2011, granted, now 9,005,016, issued on Apr. 14, 2015.
Application 13/023,551 is a continuation in part of application No. 12/497,668, filed on Jul. 4, 2009, granted, now 8,342,946, issued on Jan. 1, 2013.
Application 12/497,668 is a continuation in part of application No. 12/258,297, filed on Oct. 24, 2008, granted, now 8,342,966, issued on Jan. 1, 2013.
Prior Publication US 2024/0282167 A1, Aug. 22, 2024
Int. Cl. G07F 17/32 (2006.01); G06Q 50/34 (2012.01)
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)] 30 Claims
OG exemplary drawing
 
1. A system, comprising:
at least one processor configured to:
receive, from one or more sources, current information related to a live sporting event that is available after a start of the live sporting event, wherein each of the one or more sources has a respective trust score;
after the start of the live sporting event and before an outcome of the live sporting event has been determined:
determine possible future values of the outcome of the live sporting event;
calculate a respective probability for each of the possible future values of the outcome based at least on the current information and reliability information, wherein the reliability information is based on the respective trust scores of the one or more sources; and
based at least on the probabilities, calculate odds for betting that one of the possible future values of the outcome will be the outcome.