Prediction processing system and method of use and method of doing business

• US 9,098,805 B2
• Filed: 09/05/2013
• Issued: 08/04/2015
• Est. Priority Date: 03/06/2012
• Status: Active Grant

• Current Assignee: Koodbee, LLC
• Original Assignee: Koodbee, LLC
• Inventors: Ellis, Leonard H., Ellis, Andrew D., Angantyr, Mans K.
• Primary Examiner(s): Holmes, Michael B
• Application Number:
  US14/018,828
• Publication Number:
  US 20140089233A1
• Time in Patent Office: 698 Days
• Field of Search: 706/46
• US Class Current: 1/1
• CPC Class Codes: G06N 5/02 Knowledge representation; Symbolic representation
• CPC Class Codes: G06Q 20/0655 e-cash managed centrally
• CPC Class Codes: G06Q 30/06 Buying, selling or leasing transactions
• CPC Class Codes: G06Q 50/34 Betting or bookmaking, e.g. Internet betting
• CPC Class Codes: G07F 17/3211 Display means
• CPC Class Codes: G07F 17/3218 wherein at least part of the system is portable
• CPC Class Codes: G07F 17/3223 Architectural aspects of a gaming system, e.g. internal configuration, master/slave, wireless communication
• CPC Class Codes: G07F 17/323 wherein the player is informed, e.g. advertisements, odds, instructions
• CPC Class Codes: G07F 17/3239 Tracking of individual players
• CPC Class Codes: G07F 17/3244 Payment aspects of a gaming system, e.g. payment schemes, setting payout ratio, bonus or consolation prizes
• CPC Class Codes: G07F 17/3276 wherein the players compete, e.g. tournament
• CPC Class Codes: G07F 17/3288 Betting, e.g. on live events, bookmaking

Abstract

A prediction processing system, method, and method for doing business is disclosed. The prediction processing system can collect, process, and publish event-outcome information. The prediction processing system can dynamically filter participants into groupings and iteratively optimize odds calculations over time. A proposal framework consisting of a various abstract proposal types can model and settle propositions. Game propositions can be automatically generated based on event categorization relationships, and users can themselves automatically establish their own game proposition and programs. The prediction processing system can provide game players or others with access to collective intelligence, including prediction information and information derived from prediction information. The prediction processing system can create groupings of better-performing predictors and provide them with information not generally available or additional stakes to increase the weight of their predictions in odds calculations. The prediction processing system can provide access to event-outcome information on a for-fee subscription basis.

Claims

1. An automated prediction program establishing method comprising in combination:

providing an automated race-generating display interface over a communications network;

automatically receiving in the automated race-generating display an end-user-entered future race and end-user-entered plurality of race runners in the future race;

automatically receiving in the automated race-generating display at least one end-user-entered prediction-providing player; and

automatically establishing a prediction game display interface identifying the future race, the plurality of runners, and at least one prediction-providing player.

2. The automated prediction program establishing method of claim 1 further comprising:

automatically providing the at least one prediction-providing player access to the prediction game display interface.

3. The automated prediction program establishing method of claim 1 further comprising:

automatically receiving in the prediction game display interface a race prediction for a prediction-providing player.

4. The automated prediction program establishing method of claim 2 further comprising:

automatically receiving in the prediction game display interface a race prediction for a prediction-providing player.

5. The automated prediction program establishing method of claim 1 wherein the prediction game display interface further identifies a race prediction by the prediction-providing player.

6. The automated prediction program establishing method of claim 2 wherein the prediction game display interface further identifies a race prediction by the prediction-providing player.

7. The automated prediction program establishing method of claim 3 wherein the prediction game display interface further identifies a race prediction by the prediction-providing player.

8. The automated prediction program establishing method of claim 4 wherein the prediction game display interface further identifies a race prediction by the prediction-providing player.

9. The automated prediction program establishing method of claim 1 further comprising:

automatically receiving in the automated race-generating display an end-user entered race categorization.

10. The automated prediction program establishing method of claim 8 further comprising:

automatically receiving in the automated race-generating display an end-user entered race categorization.

11. The automated prediction program establishing method of claim 1 further comprising:

automatically receiving in the automated race-generating display game end-user entered player stake information.

12. The automated prediction program establishing method of claim 10 further comprising:

automatically receiving in the automated race-generating display an end-user entered game player stake information.

13. An automated prediction program establishing method comprising in combination:

providing an automated race-generating display interface over a communications network;

automatically receiving in the automated race-generating display an end-user-entered future race and end-user-entered plurality of race runners in the future race; and

automatically receiving in the automated race-generating display a plurality of end-user-entered prediction-providing players.

14. The automated prediction program establishing method of claim 13 further comprising:

automatically receiving in the automated race-generating display an end-user entered race categorization.

15. The automated prediction program establishing method of claim 13 further comprising:

automatically receiving in the automated race-generating display end-user entered game player stake information.

16. The automated prediction program establishing method of claim 14 further comprising:

automatically receiving in the automated race-generating display end-user entered game player stake information.

17. The automated prediction program establishing method of claim 13 further comprising:

automatically receiving in the automated race-generating display an end-user entered identification of a team and its plurality of team members.

18. The automated prediction program establishing method of claim 13 further comprising:

automatically receiving in the automated race-generating display an end-user entered identification of a team of a plurality of race runners.

19. The automated prediction program establishing method of claim 17 further comprising:

automatically receiving in the automated race-generating display an end-user entered identification of a team of a plurality of race runners.

20. The automated prediction program establishing method of claim 18 further comprising:

automatically providing in the automated race-generating display links to additional indicia about one among a race, race runner, and the or another team.