US Patent Issued to DK Crown Holdings on Oct. 20 for "Fixture specific models for bet simulations and pricing of real time events" (British Inventors)

ALEXANDRIA, Va., Oct. 21 -- United States Patent no. 12,770,474, issued on Oct. 20, was assigned to DK Crown Holdings Inc. (Boston).

"Fixture specific models for bet simulations and pricing of real time events" was invented by Henry Charles Maurice Turner (London), Joshua James Lee (Harpenden, Great Britain) and Barnaby Brien (Oxshott, Great Britain).

According to the abstract* released by the U.S. Patent & Trademark Office: "Devices, systems, and process for generating fixture specific models for use in adjusting pricing of real-time betting lines are described. A system may include a front-end system including an event-activity-fixture (EAF) server that adjusts betting lines based on results of simulations generated by an EAF simulation...