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).
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Patent number: 8944905Abstract: 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: GrantFiled: November 4, 2013Date of Patent: February 3, 2015Inventors: James M. Odom, Scott D. Yelich
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Publication number: 20140066159Abstract: 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: ApplicationFiled: November 4, 2013Publication date: March 6, 2014Inventors: James M. Odom, Scott D. Yelich
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Patent number: 8583535Abstract: 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: GrantFiled: April 17, 2006Date of Patent: November 12, 2013Assignee: Asoid Network Facility, LLCInventors: James Michael Odom, Scott D. Yelich
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Patent number: 8579694Abstract: 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: GrantFiled: May 16, 2012Date of Patent: November 12, 2013Inventors: James M. Odom, Scott D. Yelich
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Patent number: 8574055Abstract: 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: GrantFiled: September 24, 2012Date of Patent: November 5, 2013Inventors: James M. Odom, Scott D. Yelich
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Publication number: 20130079094Abstract: 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: ApplicationFiled: September 24, 2012Publication date: March 28, 2013Inventors: James M. Odom, Scott D. Yelich
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Publication number: 20120295685Abstract: 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: ApplicationFiled: May 16, 2012Publication date: November 22, 2012Inventors: JAMES M. ODOM, SCOTT D. YELICH
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Patent number: 8182328Abstract: 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: GrantFiled: November 5, 2010Date of Patent: May 22, 2012Inventors: James M. Odom, Scott D. Yelich
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Publication number: 20120022992Abstract: 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: ApplicationFiled: January 14, 2011Publication date: January 26, 2012Applicant: Asoid Net work Facility, LLCInventors: JAMES MICHAEL ODOM, SCOTT D. YELICH
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Publication number: 20110098096Abstract: 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: ApplicationFiled: November 5, 2010Publication date: April 28, 2011Inventors: James M. Odom, Scott D. Yelich
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Patent number: 7887406Abstract: 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: GrantFiled: February 12, 2010Date of Patent: February 15, 2011Inventors: James M. Odom, Scott D. Yelich
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Publication number: 20100248805Abstract: 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: ApplicationFiled: February 12, 2010Publication date: September 30, 2010Inventors: James M. Odom, Scott D. Yelich
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Patent number: 7672892Abstract: 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: GrantFiled: March 21, 2000Date of Patent: March 2, 2010Inventors: James Michael Odom, Scott D. Yelich
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Publication number: 20080250040Abstract: 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: ApplicationFiled: April 4, 2008Publication date: October 9, 2008Inventors: 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
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Publication number: 20040107158Abstract: 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: ApplicationFiled: July 10, 2003Publication date: June 3, 2004Inventors: James Michael Odom, Scott D. Yelich
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Publication number: 20020072978Abstract: 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: ApplicationFiled: March 21, 2000Publication date: June 13, 2002Applicant: Bid/Ask, L.L.C.Inventors: James Michael Odom , Scott D. Yelich
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Publication number: 20020046137Abstract: 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: ApplicationFiled: December 7, 2001Publication date: April 18, 2002Applicant: Bid/Ask, L.L.C.Inventors: James Michael Odom, Scott D. Yelich
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Patent number: 6058379Abstract: 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: GrantFiled: July 11, 1997Date of Patent: May 2, 2000Assignee: Auction Source, L.L.C.Inventors: James Michael Odom, Scott D. Yelich