{"schema_version":"1.0","canonical_url":"https://patentable.app/patents/US-11978320","patent":{"patent_number":"US-11978320","title":"Bet contract exchange","assignee":null,"inventors":[],"filing_date":"2021-11-15T00:00:00.000Z","publication_date":"2024-05-07T00:00:00.000Z","cpc_codes":["G07F","G06Q"],"num_claims":16,"abstract":"Systems and computer-implemented methods for a bet exchange. The bet exchange receives bet orders from users and matches bet-for orders with bet-against orders to generate instances of standardized bet contracts. The bet-for orders are bets on a bet event occurring, and bet-against orders are bets on a bet event not occurring. The bet events have a standardized payout amount, which is used to determine a value to transfer to the trader that made the bet-for order when the bet event occurs, or to the trader that made the bet-against order when the bet event does not occur."},"analysis":{"summary":null,"layman_explanation":null,"technical_analysis":null,"business_analysis":null,"faqs":null,"topics":[],"tech_cluster":null},"seo":{"title":"Bet contract exchange","description":"Systems and computer-implemented methods for a bet exchange. The bet exchange receives bet orders from users and matches bet-for orders with bet-against orders to generate instances of standardized be","keywords":[]},"attribution":{"source":"Patentable","source_url":"https://patentable.app","canonical_url":"https://patentable.app/patents/US-11978320","license":"CC-BY-4.0-like","license_terms":"AI-generated analysis on this page (summary, layman_explanation, technical_analysis, business_analysis, faqs) may be reused with attribution and a visible link back to the canonical URL above. Patent abstracts, claims, and bibliographic data are USPTO public domain.","required_link":"https://patentable.app/patents/US-11978320","citation_suggestion":"Patentable. \"Bet contract exchange\" (US-11978320). https://patentable.app/patents/US-11978320","copyright_holder":"Nomic Interactive Technology LLC"},"links":{"html":"https://patentable.app/patents/US-11978320","json":"https://patentable.app/api/llm-context/US-11978320","site":"https://patentable.app","llms_txt":"https://patentable.app/llms.txt"},"generated_at":"2026-05-31T13:15:14.027Z"}