Patents by Inventor Andrew Garrood

Andrew Garrood has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Publication number: 20220001285
    Abstract: Some embodiments include a fantasy sports game. In some embodiments, an expected performance value may be determined. In some embodiments, a same player may appear multiple times in a team. Various other embodiments are described.
    Type: Application
    Filed: September 20, 2021
    Publication date: January 6, 2022
    Inventors: Lee Amaitis, Phillip Flaherty, Andrew Garrood
  • Patent number: 11200776
    Abstract: Methods and systems are provided for managing a wagering system. In one exemplary embodiment, state information of a live event such as a sports game may be received in real time. During the event, a plurality of possible future states of the event and their associated probabilities (and odds) may be determined based on the state information, historical information, and current in-game information. A betting market is created for betting on the possible future states at determined odds. The betting market is closed, and winning and losing bets are resolved based on updated state information.
    Type: Grant
    Filed: April 12, 2021
    Date of Patent: December 14, 2021
    Assignee: CG TECHNOLOGY DEVELOPMENT, LLC
    Inventors: Lee Amaitis, Andrew Garrood, Mike Colbert, Heather Parks, Anthony Storm, Foster Barton, Thomas D. Bradshaw
  • Publication number: 20210366241
    Abstract: Techniques for creating and managing wagers on possible states within a live event, such as possible outcomes of subparts of a sporting event or other possible occurrences within the event. An initial state and multiple possible future states of a performance parameter of the event are determined based on state information of the event. A betting market may be created by determining probabilities and odds for the possible future states. Bets may be made on the possible future states via a touch-sensitive display. A payout may be made to a winner who selects a possible future state that actually occurs.
    Type: Application
    Filed: August 9, 2021
    Publication date: November 25, 2021
    Inventors: Lee Amaitis, Andrew Garrood, Mike Colbert, Heather Parks, Anthony Storm, Foster Barton, Thomas D. Bradshaw
  • Patent number: 11151836
    Abstract: According to various systems and methods, financial indicators may be used as random number generators to determine variables, such as numbers and cards, for various games, including casino-style games like roulette and poker. Players may place wagers relating to one or more game variables, such as one or more cards, hands, a roulette wheel spin, a lottery number, or other variable or outcome of a game. After bets are received, one or more random numbers may be determined based on one or more financial indicators, such as a least significant digit of the price or value of a financial instrument, index, or financial metric at a specific time. The random number(s) may be used to determine game variables, such as a winning lottery number, slot reel values, or numbers and suits of cards dealt. In some embodiments, players may select one or more financial instruments or indicators that will be used to resolve one or more game variables.
    Type: Grant
    Filed: January 7, 2019
    Date of Patent: October 19, 2021
    Inventors: David A. Puckeridge, Andrew Garrood, Paul Johal
  • Patent number: 11123644
    Abstract: Some embodiments include a fantasy sports game. In some embodiments, an expected performance value may be determined. In some embodiments, a same player may appear multiple times in a team. Various other embodiments are described.
    Type: Grant
    Filed: July 6, 2020
    Date of Patent: September 21, 2021
    Assignee: INTERACTIVE GAMES LLC
    Inventors: Lee Amaitis, Phillip Flaherty, Andrew Garrood
  • Patent number: 11087598
    Abstract: Techniques for creating and managing wagers on possible states within a live event, such as possible outcomes of subparts of a sporting event or other possible occurrences within the event. An initial state and multiple possible future states of a performance parameter of the event are determined based on state information of the event. A betting market may be created by determining probabilities and odds for the possible future states. Bets may be made on the possible future states via a touch-sensitive display. A payout may be made to a winner who selects a possible future state that actually occurs.
    Type: Grant
    Filed: October 7, 2019
    Date of Patent: August 10, 2021
    Assignee: CG TECHNOLOGY DEVELOPMENT, LLC
    Inventors: Lee Amaitis, Andrew Garrood, Mike Colbert, Heather Parks, Anthony Storm, Foster Barton, Thomas D. Bradshaw
  • Publication number: 20210233344
    Abstract: Methods and systems are provided for managing a wagering system. In one exemplary embodiment, state information of a live event such as a sports game may be received in real time. During the event, a plurality of possible future states of the event and their associated probabilities (and odds) may be determined based on the state information, historical information, and current in-game information. A betting market is created for betting on the possible future states at determined odds. The betting market is closed, and winning and losing bets are resolved based on updated state information.
    Type: Application
    Filed: April 12, 2021
    Publication date: July 29, 2021
    Inventors: Lee Amaitis, Andrew Garrood, Mike Colbert, Heather Parks, Anthony Storm, Foster Barton, Thomas D. Bradshaw
  • Publication number: 20210217268
    Abstract: Some embodiments may include interaction among sports books. Various other systems and methods are described.
    Type: Application
    Filed: January 19, 2021
    Publication date: July 15, 2021
    Inventors: Lee Amaitis, Andrew Garrood
  • Publication number: 20200349799
    Abstract: Methods and systems are provided for managing a wagering system. In one exemplary embodiment, state information of a live event such as a sports game may be received in real time. During the event, a plurality of possible future states of the event and their associated probabilities (and odds) may be determined based on the state information, historical information, and current in-game information. A betting market is created for betting on the possible future states at determined odds. The betting market is closed, and winning and losing bets are resolved based on updated state information.
    Type: Application
    Filed: July 20, 2020
    Publication date: November 5, 2020
    Inventors: Lee Amaitis, Andrew Garrood, Mike Colbert, Heather Parks, Anthony Storm, Foster Barton, Thomas D. Bradshaw
  • Publication number: 20200330883
    Abstract: Some embodiments include a fantasy sports game. In some embodiments, an expected performance value may be determined. In some embodiments, a same player may appear multiple times in a team. Various other embodiments are described.
    Type: Application
    Filed: July 6, 2020
    Publication date: October 22, 2020
    Inventors: Lee Amaitis, Phillip Flaherty, Andrew Garrood
  • Publication number: 20200265667
    Abstract: Various methods and apparatus related to parlay wagering are described. In some embodiments, real time parlay odds may be offered. Further embodiments are described.
    Type: Application
    Filed: May 4, 2020
    Publication date: August 20, 2020
    Inventors: Lee AMAITIS, Andrew Garrood
  • Patent number: 10720012
    Abstract: Methods and systems are provided for managing a wagering system. In one exemplary embodiment, state information of a live event such as a sports game may be received in real time. During the event, a plurality of possible future states of the event and their associated probabilities (and odds) may be determined based on the state information, historical information, and current in-game information. A betting market is created for betting on the possible future states at determined odds. The betting market is closed, and winning and losing bets are resolved based on updated state information.
    Type: Grant
    Filed: December 17, 2018
    Date of Patent: July 21, 2020
    Assignee: CG TECHNOLOGY DEVELOPMENT, LLC
    Inventors: Lee Amaitis, Andrew Garrood, Mike Colbert, Heather Parks, Anthony Storm, Foster Barton, Thomas D. Bradshaw
  • Patent number: 10702782
    Abstract: Some embodiments include a fantasy sports game. In some embodiments, an expected performance value may be determined. In some embodiments, a same player may appear multiple times in a team. Various other embodiments are described.
    Type: Grant
    Filed: November 28, 2018
    Date of Patent: July 7, 2020
    Assignee: INTERACTIVE GAMES LLC
    Inventors: Lee Amaitis, Phillip Flaherty, Andrew Garrood
  • Publication number: 20200193770
    Abstract: A user may purchase an option to cancel a wager in exchange for a refund amount. In purchasing the option, the user may select an exercise time from a plurality of exercise times, each exercise time having an associated price, which price may be the price of the option. The refund amount associated with each exercise time may be the same amount. Responsive to a user exercising a purchased option, a determination may be made as to whether the time of exercise is at least prior to the selected exercise time. If so, the wager may be canceled in exchange for the refund amount.
    Type: Application
    Filed: February 21, 2020
    Publication date: June 18, 2020
    Inventors: Lee Amaitis, Andrew Garrood
  • Publication number: 20200098228
    Abstract: Techniques for creating and managing wagers on possible states within a live event, such as possible outcomes of subparts of a sporting event or other possible occurrences within the event. An initial state and multiple possible future states of a performance parameter of the event are determined based on state information of the event. A betting market may be created by determining probabilities and odds for the possible future states. Bets may be made on the possible future states via a touch-sensitive display. A payout may be made to a winner who selects a possible future state that actually occurs.
    Type: Application
    Filed: October 7, 2019
    Publication date: March 26, 2020
    Inventors: Lee Amaitis, Andrew Garrood, Mike Colbert, Heather Parks, Anthony Storm, Foster Barton, Thomas D. Bradshaw
  • Patent number: 10438451
    Abstract: Methods and systems are provided herewith for creating and managing wagers on possible states within a live event, such as possible outcomes of subparts of a sporting event or other possible occurrences within the event. An initial state and multiple possible future states of a performance parameter of the event are determined based on state information of the event. A betting market may be created by determining probabilities and odds for the possible future states. Bets may be made on the possible future states via a touch-sensitive display. A payout may be made to a winner who selects a possible future state that actually occurs.
    Type: Grant
    Filed: October 9, 2014
    Date of Patent: October 8, 2019
    Assignee: CG TECHNOLOGY DEVELOPMENT, LLC
    Inventors: Lee Amaitis, Andrew Garrood, Mike Colbert, Heather Parks, Anthony Storm, Foster Barton, Thomas D. Bradshaw
  • Publication number: 20190213826
    Abstract: According to various systems and methods, financial indicators may be used as random number generators to determine variables, such as numbers and cards, for various games, including casino-style games like roulette and poker. Players may place wagers relating to one or more game variables, such as one or more cards, hands, a roulette wheel spin, a lottery number, or other variable or outcome of a game. After bets are received, one or more random numbers may be determined based on one or more financial indicators, such as a least significant digit of the price or value of a financial instrument, index, or financial metric at a specific time. The random number(s) may be used to determine game variables, such as a winning lottery number, slot reel values, or numbers and suits of cards dealt. In some embodiments, players may select one or more financial instruments or indicators that will be used to resolve one or more game variables.
    Type: Application
    Filed: January 7, 2019
    Publication date: July 11, 2019
    Inventors: David A. Puckeridge, Andrew Garrood, Paul Johal
  • Publication number: 20190172318
    Abstract: Methods and systems are provided herewith for managing a wagering system. In one exemplary embodiment, a stream of state information of a live sporting event is received in real time. A computer processor determines an initial state and a plurality of possible future states of a first performance parameter of the live sporting event based on the stream of state information. After a beginning of the game and before the start of the event, a probability of occurrence is calculated for at least one of the plurality of possible future states of the first performance parameter based on historical data related to the first performance parameter. The plurality of possible future states are mutually exclusive from one another. During an initial state of the first performance parameter, a signal operative to open a first market for betting on the at least one of the plurality of possible future states is transmitted. The first market comprises betting odds based on the calculated probability of occurrence.
    Type: Application
    Filed: February 6, 2019
    Publication date: June 6, 2019
    Inventors: Anthony Storm, Foster Barton, Andrew Garrood, Thomas Bradshaw
  • Publication number: 20190122482
    Abstract: Methods and systems are provided for managing a wagering system. In one exemplary embodiment, state information of a live event such as a sports game may be received in real time. During the event, a plurality of possible future states of the event and their associated probabilities (and odds) may be determined based on the state information, historical information, and current in-game information. A betting market is created for betting on the possible future states at determined odds. The betting market is closed, and winning and losing bets are resolved based on updated state information.
    Type: Application
    Filed: December 17, 2018
    Publication date: April 25, 2019
    Inventors: Lee Amaitis, Andrew Garrood, Mike Colbert, Heather Parks, Anthony Storm, Foster Barton, Thomas D. Bradshaw
  • Patent number: 10258890
    Abstract: Some embodiments include a fantasy sports game. In some embodiments, an expected performance value may be determined. In some embodiments, a same player may appear multiple times in a team. Various other embodiments are described.
    Type: Grant
    Filed: August 29, 2016
    Date of Patent: April 16, 2019
    Assignee: INTERACTIVE GAMES LLC
    Inventors: Lee Amaitis, Phillip Flaherty, Andrew Garrood