Patents by Inventor Scott D. Yelich

Scott D. Yelich 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).

  • Patent number: 8944905
    Abstract: Methods for direct wagering and lottery wagering on real-world events including outcomes based on fantasy sports league performance. One method according to an embodiment of the present invention includes selecting a set of variables, each variable representing a time-varying value capable of having a fixed value at a specified time. For each variable, the method includes selecting a range of values for the fixed value of the variable at the specified time, dividing the range of values into a set of n increments, randomly assigning a lottery number from a set of lottery numbers, 1 to n, to each increment, selecting a winning lottery number from the set of lottery numbers based on correlating the fixed value of the variable at the specified time with the increment associated with the winning lottery number; and determining a set of winning lottery numbers from the winning lottery numbers selected for each variable.
    Type: Grant
    Filed: November 4, 2013
    Date of Patent: February 3, 2015
    Inventors: James M. Odom, Scott D. Yelich
  • Publication number: 20140066159
    Abstract: Methods for direct wagering and lottery wagering on real-world events including outcomes based on fantasy sports league performance. One method according to an embodiment of the present invention includes selecting a set of variables, each variable representing a time-varying value capable of having a fixed value at a specified time. For each variable, the method includes selecting a range of values for the fixed value of the variable at the specified time, dividing the range of values into a set of n increments, randomly assigning a lottery number from a set of lottery numbers, 1 to n, to each increment, selecting a winning lottery number from the set of lottery numbers based on correlating the fixed value of the variable at the specified time with the increment associated with the winning lottery number; and determining a set of winning lottery numbers from the winning lottery numbers selected for each variable.
    Type: Application
    Filed: November 4, 2013
    Publication date: March 6, 2014
    Inventors: James M. Odom, Scott D. Yelich
  • Patent number: 8583535
    Abstract: A system and method for networked exchange are disclosed. A system for networked exchange comprises an internal proxy (140); an exchange processor (120) in communication with the internal proxy (140); a database (130) in communication with the internal proxy (140); an external proxy (150) in communication with the internal proxy (140); and, a communications network (110) connected to the external proxy. A method for networked exchange comprises 8 steps. Those steps are (1) specifying a mode of operations for an exchange; (2) identifying a commodity for the exchange; (3) listing information about the commodity; (4) accessing of the listing by a potential purchaser; (5) accessing the network based exchange by the potential purchaser; (6) processing information generated by the potential purchaser, the information comprising a negotiation; (7) concluding the negotiation; and, (8) clearing the concluded negotiation.
    Type: Grant
    Filed: April 17, 2006
    Date of Patent: November 12, 2013
    Assignee: Asoid Network Facility, LLC
    Inventors: James Michael Odom, Scott D. Yelich
  • Patent number: 8579694
    Abstract: A method for lottery wagering on real-world events. One method according to an embodiment of the present invention includes selecting a set of variables, each variable representing a time-varying value capable of having a fixed value at a specified time. For each variable, the method includes selecting a range of values for the fixed value of the variable at the specified time, dividing the range of values into a set of n increments, randomly assigning a lottery number from a set of lottery numbers, 1 to n, to each increment, selecting a winning lottery number from the set of lottery numbers based on correlating the fixed value of the variable at the specified time with the increment associated with the winning lottery number; and determining a set of winning lottery numbers from the winning lottery numbers selected for each variable.
    Type: Grant
    Filed: May 16, 2012
    Date of Patent: November 12, 2013
    Inventors: James M. Odom, Scott D. Yelich
  • Patent number: 8574055
    Abstract: Methods for direct wagering and lottery wagering on real-world events including outcomes based on fantasy sports league performance. One method according to an embodiment of the present invention includes selecting a set of variables, each variable representing a time-varying value capable of having a fixed value at a specified time. For each variable, the method includes selecting a range of values for the fixed value of the variable at the specified time, dividing the range of values into a set of n increments, randomly assigning a lottery number from a set of lottery numbers, 1 to n, to each increment, selecting a winning lottery number from the set of lottery numbers based on correlating the fixed value of the variable at the specified time with the increment associated with the winning lottery number; and determining a set of winning lottery numbers from the winning lottery numbers selected for each variable.
    Type: Grant
    Filed: September 24, 2012
    Date of Patent: November 5, 2013
    Inventors: James M. Odom, Scott D. Yelich
  • Publication number: 20130079094
    Abstract: Methods for direct wagering and lottery wagering on real-world events including outcomes based on fantasy sports league performance. One method according to an embodiment of the present invention includes selecting a set of variables, each variable representing a time-varying value capable of having a fixed value at a specified time. For each variable, the method includes selecting a range of values for the fixed value of the variable at the specified time, dividing the range of values into a set of n increments, randomly assigning a lottery number from a set of lottery numbers, 1 to n, to each increment, selecting a winning lottery number from the set of lottery numbers based on correlating the fixed value of the variable at the specified time with the increment associated with the winning lottery number; and determining a set of winning lottery numbers from the winning lottery numbers selected for each variable.
    Type: Application
    Filed: September 24, 2012
    Publication date: March 28, 2013
    Inventors: James M. Odom, Scott D. Yelich
  • Publication number: 20120295685
    Abstract: A method for lottery wagering on real-world events. One method according to an embodiment of the present invention includes selecting a set of variables, each variable representing a time-varying value capable of having a fixed value at a specified time. For each variable, the method includes selecting a range of values for the fixed value of the variable at the specified time, dividing the range of values into a set of n increments, randomly assigning a lottery number from a set of lottery numbers, 1 to n, to each increment, selecting a winning lottery number from the set of lottery numbers based on correlating the fixed value of the variable at the specified time with the increment associated with the winning lottery number; and determining a set of winning lottery numbers from the winning lottery numbers selected for each variable.
    Type: Application
    Filed: May 16, 2012
    Publication date: November 22, 2012
    Inventors: JAMES M. ODOM, SCOTT D. YELICH
  • Patent number: 8182328
    Abstract: A method for lottery wagering on real-world events. One method according to an embodiment of the present invention includes selecting a set of variables, each variable representing a time-varying value capable of having a fixed value at a specified time. For each variable, the method includes selecting a range of values for the fixed value of the variable at the specified time, dividing the range of values into a set of n increments, randomly assigning a lottery number from a set of lottery numbers, 1 to n, to each increment, selecting a winning lottery number from the set of lottery numbers based on correlating the fixed value of the variable at the specified time with the increment associated with the winning lottery number; and determining a set of winning lottery numbers from the winning lottery numbers selected for each variable.
    Type: Grant
    Filed: November 5, 2010
    Date of Patent: May 22, 2012
    Inventors: James M. Odom, Scott D. Yelich
  • Publication number: 20120022992
    Abstract: A system and method for networked exchange are disclosed. A system for networked exchange comprises an internal proxy (140); an exchange processor (120) in communication with the internal proxy (140); a database (130) in communication with the internal proxy (140) ; an external proxy (150) in communication with the internal proxy (140); and, a communications network (110) connected to the external proxy. A method for networked exchange comprises 8 steps. Those steps are (1) specifying a mode of operations for an exchange; (2) identifying a commodity for the exchange; (3) listing information about the commodity; (4) accessing of the listing by a potential purchaser; (5) accessing the network-based exchange by the potential purchaser, (6) processing information generated by the potential purchaser, the information comprising a negotiation; (7) concluding the negotiation; and, (8) clearing the concluded negotiation.
    Type: Application
    Filed: January 14, 2011
    Publication date: January 26, 2012
    Applicant: Asoid Net work Facility, LLC
    Inventors: JAMES MICHAEL ODOM, SCOTT D. YELICH
  • Publication number: 20110098096
    Abstract: A method for lottery wagering on real-world events. One method according to an embodiment of the present invention includes selecting a set of variables, each variable representing a time-varying value capable of having a fixed value at a specified time. For each variable, the method includes selecting a range of values for the fixed value of the variable at the specified time, dividing the range of values into a set of n increments, randomly assigning a lottery number from a set of lottery numbers, 1 to n, to each increment, selecting a winning lottery number from the set of lottery numbers based on correlating the fixed value of the variable at the specified time with the increment associated with the winning lottery number; and determining a set of winning lottery numbers from the winning lottery numbers selected for each variable.
    Type: Application
    Filed: November 5, 2010
    Publication date: April 28, 2011
    Inventors: James M. Odom, Scott D. Yelich
  • Patent number: 7887406
    Abstract: A method for lottery wagering on actual events. The method according to the present invention includes selecting a subset of wagering data DW from a set of pre-qualifying data DPQ prior to, conclusion of a pre-qualifying event of a phased competition consisting of a pre-qualifying event and a final event. The method further includes assembling pre-qualifying data DPQ for preliminary participants after conclusion of a pre-qualifying event and assembling concluding data DC for final participants after conclusion of the final event. Winners are selected from the final participants after the final event based on the concluding data. Winning lottery data DL is determined from a correlation between the winners' and their respective pre-qualifying data.
    Type: Grant
    Filed: February 12, 2010
    Date of Patent: February 15, 2011
    Inventors: James M. Odom, Scott D. Yelich
  • Publication number: 20100248805
    Abstract: A method for lottery wagering on actual events. The method according to the present invention includes selecting a subset of wagering data DW from a set of pre-qualifying data DPQ prior to, conclusion of a pre-qualifying event of a phased competition consisting of a pre-qualifying event and a final event. The method further includes assembling pre-qualifying data DPQ for preliminary participants after conclusion of a pre-qualifying event and assembling concluding data DC for final participants after conclusion of the final event. Winners are selected from the final participants after the final event based on the concluding data. Winning lottery data DL is determined from a correlation between the winners' and their respective pre-qualifying data.
    Type: Application
    Filed: February 12, 2010
    Publication date: September 30, 2010
    Inventors: James M. Odom, Scott D. Yelich
  • Patent number: 7672892
    Abstract: A system and method for networked exchange are disclosed. A system for networked exchange comprises an internal proxy; an exchange processor in communication with the internal proxy; a database in communication with the internal proxy; an external proxy in communication with the internal proxy; and, a communications network connected to the external proxy. A method for networked exchange comprises 8 steps. Those steps are (1) specifying a mode of operations for an exchange; (2) identifying a commodity for the exchange; (3) listing information about the commodity; (4) accessing of the listing by a potential purchaser; (5) accessing the network-based exchange by the potential purchaser; (6) processing information generated by the potential purchaser, the information comprising a negotiation; (7) concluding the negotiation; and, (8) clearing the concluded negotiation.
    Type: Grant
    Filed: March 21, 2000
    Date of Patent: March 2, 2010
    Inventors: James Michael Odom, Scott D. Yelich
  • Publication number: 20080250040
    Abstract: A method and data structures for obtaining, distributing, managing, and utilizing information, including online content and user biographical information, in an online networking system are presented. Profile data pointers that point to profile data structures and item data pointers that point to item data structures are employed to access users' views and media content in a manner that allows for viral copying of content throughout the system yet permits the system and content owners to maintain control over the content. Users' biographical information is developed based in part on users' behavior in the networking system, and is collected and aggregated in the respective data structures to support targeted advertising based on the data, and protection of users' personally identifying information.
    Type: Application
    Filed: April 4, 2008
    Publication date: October 9, 2008
    Inventors: Christos M. Cotsakos, Hannah B. Cotsakos, Suzanne R. Cotsakos, Robert Knowles, Judy Balint, David R. Ewing, Mircea R. Ionescu, Charles Yi-chi Lin, Scott D. Yelich, Keith Lee, Jennifer B. Lowe
  • Publication number: 20040107158
    Abstract: A system and method for networked exchange are disclosed. A system for networked exchange comprises an internal proxy; an exchange processor in communication with the internal proxy; a database in communication with the internal proxy; an external proxy in communication with the internal proxy; and, a communications network connected to the external proxy. A method for networked exchange comprises 8 steps. Those steps are (1) specifying a mode of operations for an exchange; (2) identifying a financial instrument for the exchange; (3) listing information about the financial instrument; (4) accessing of the listing by a potential purchaser; (5) accessing the network-based exchange by the potential purchaser; (6) processing information generated by the potential purchaser, the information comprising a negotiation; (7) concluding the negotiation; and, (8) clearing the concluded negotiation.
    Type: Application
    Filed: July 10, 2003
    Publication date: June 3, 2004
    Inventors: James Michael Odom, Scott D. Yelich
  • Publication number: 20020072978
    Abstract: A system and method for networked exchange are disclosed. A system for networked exchange comprises an internal proxy (140); an exchange processor (120) in communication with the internal proxy (140); a database (130) in communication with the internal proxy (140); an external proxy (150) in communication with the internal proxy (140); and, a communications network (110) connected to the external proxy. A method for networked exchange comprises 8 steps. Those steps are (1) specifying a mode of operations for an exchange; (2) identifying a commodity for the exchange; (3) listing information about the commodity; (4) accessing of the listing by a potential purchaser; (5) accessing the network-based exchange by the potential purchaser; (6) processing information generated by the potential purchaser, the information comprising a negotiation; (7) concluding the negotiation; and, (8) clearing the concluded negotiation.
    Type: Application
    Filed: March 21, 2000
    Publication date: June 13, 2002
    Applicant: Bid/Ask, L.L.C.
    Inventors: James Michael Odom , Scott D. Yelich
  • Publication number: 20020046137
    Abstract: A system and method for networked exchange are disclosed. A system for networked exchange comprises an internal proxy (140); an exchange processor (120) in communication with the internal proxy (140); a database (130) in communication with the internal proxy (140); an external proxy (150) in communication with the internal proxy (140); and, a communications network (110) connected to the external proxy.
    Type: Application
    Filed: December 7, 2001
    Publication date: April 18, 2002
    Applicant: Bid/Ask, L.L.C.
    Inventors: James Michael Odom, Scott D. Yelich
  • Patent number: 6058379
    Abstract: A method for networked exchange comprises 8 steps. Those steps are (1) specifying a mode of operations for an exchange; (2) identifying a commodity for the exchange; (3) listing information about the commodity; (4) accessing of the listing by a potential purchaser; (5) accessing the network-based exchange by the potential purchaser; (6) processing information generated by the potential purchaser, the information comprising a negotiation; (7) concluding the negotiation; and, (8) clearing the concluded negotiation.
    Type: Grant
    Filed: July 11, 1997
    Date of Patent: May 2, 2000
    Assignee: Auction Source, L.L.C.
    Inventors: James Michael Odom, Scott D. Yelich