{"schema_version":"1.0","canonical_url":"https://patentable.app/patents/US-8475267","patent":{"patent_number":"US-8475267","title":"Systems, devices and methods for electronic sports book wagering with a wager sell back option","assignee":null,"inventors":[],"filing_date":"2013-02-11T00:00:00.000Z","publication_date":"2013-07-02T00:00:00.000Z","cpc_codes":["G07F","G07F","G07F"],"num_claims":18,"abstract":"An electronic sports book wagering system provides a bettor with an opportunity to purchase a sports book ticket sell back option when placing a bet on the outcome of an event. An option may be purchased by a bettor to be exercised at will by the bettor during a break in play or during an indicated period of the event for the bettor to potentially receive compensation to cancel the wager (e.g., at half time during a football game on which the wager was placed). The amount of compensation or refund provided to the bettor upon exercise of the option may be determined based on a current probability at the break in play or indicated period of whether the bettor will win the bet for which the wager was made. The bettor may be guaranteed a minimum refund amount of the original wager upon exercising the option."},"analysis":{"summary":null,"layman_explanation":null,"technical_analysis":null,"business_analysis":null,"faqs":null,"topics":[],"tech_cluster":null},"seo":{"title":"Systems, devices and methods for electronic sports book wagering with a wager sell back option","description":"An electronic sports book wagering system provides a bettor with an opportunity to purchase a sports book ticket sell back option when placing a bet on the outcome of an event. An option may be purcha","keywords":[]},"attribution":{"source":"Patentable","source_url":"https://patentable.app","canonical_url":"https://patentable.app/patents/US-8475267","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-8475267","citation_suggestion":"Patentable. \"Systems, devices and methods for electronic sports book wagering with a wager sell back option\" (US-8475267). https://patentable.app/patents/US-8475267","copyright_holder":"Nomic Interactive Technology LLC"},"links":{"html":"https://patentable.app/patents/US-8475267","json":"https://patentable.app/api/llm-context/US-8475267","site":"https://patentable.app","llms_txt":"https://patentable.app/llms.txt"},"generated_at":"2026-05-31T01:53:21.809Z"}