System and method for using artificial intelligence to create live, mobile, betting system offering time-sensitive, curated and player-restricted bets on sub-outcomes of sports and esport events

The invention is a system, process, and method that allows players to bet on sports or esports events from their mobile device in a way that is easy-to-understand, simple and fast-paced. Through the use of artificial intelligence, it allows the operator to offer bets only to certain registered membe...

Ausführliche Beschreibung

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Bibliographische Detailangaben
Hauptverfasser: Maymin, Philip Z, McDonald, Brett Dwain
Format: Patent
Sprache:eng
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Beschreibung
Zusammenfassung:The invention is a system, process, and method that allows players to bet on sports or esports events from their mobile device in a way that is easy-to-understand, simple and fast-paced. Through the use of artificial intelligence, it allows the operator to offer bets only to certain registered members of the system rather than the public at-large thereby automating the balancing of their books through a dynamic offering. It also allows the operator to effectively and automatically generate more bets placed and automatically comply with taxation, laws and regulations of any jurisdiction in the world.