{"schema_version":"1.0","canonical_url":"https://patentable.app/patents/US-8498924","patent":{"patent_number":"US-8498924","title":"Managing risk associated with betting transactions","assignee":null,"inventors":[],"filing_date":"2011-08-08T00:00:00.000Z","publication_date":"2013-07-30T00:00:00.000Z","cpc_codes":["G06Q","G06Q","G06Q","G06Q","G06Q","G07F","G07F"],"num_claims":18,"abstract":"A method of providing an account is provided. The method includes receiving identification information associated with a user during a communication session and communicating a request for credit information, the request including at least a portion of the identification information. The requested credit information is received and an account is approved and opened based at least on the received credit information. During the communication session, a request made using the opened account to place a first order to trade a first product is received. A risk value for the first order is determined. One or more current balances for the account are also determined. The method further includes determining whether to approve the first order based at least on the risk value determined for the first order and one or more of the current balances for the account, and if the first order is approved, placing the first order."},"analysis":{"summary":null,"layman_explanation":null,"technical_analysis":null,"business_analysis":null,"faqs":null,"topics":[],"tech_cluster":null},"seo":{"title":"Managing risk associated with betting transactions","description":"A method of providing an account is provided. The method includes receiving identification information associated with a user during a communication session and communicating a request for credit info","keywords":[]},"attribution":{"source":"Patentable","source_url":"https://patentable.app","canonical_url":"https://patentable.app/patents/US-8498924","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-8498924","citation_suggestion":"Patentable. \"Managing risk associated with betting transactions\" (US-8498924). https://patentable.app/patents/US-8498924","copyright_holder":"Nomic Interactive Technology LLC"},"links":{"html":"https://patentable.app/patents/US-8498924","json":"https://patentable.app/api/llm-context/US-8498924","site":"https://patentable.app","llms_txt":"https://patentable.app/llms.txt"},"generated_at":"2026-05-31T06:59:37.344Z"}