ALEXANDRIA, Va., July 9 -- United States Patent no. 12,354,443, issued on July 8, was assigned to AdrenalineIP (Washington).
"Method of using telemetry data to determine wager odds at a live event" was invented by Casey Alexander Huke (Washington), John Cronin (Jericho, Vt.), Michael D'Andrea (Burlington, Vt.) and Joseph W. Beyers (Saratoga, Calif.).
According to the abstract* released by the U.S. Patent & Trademark Office: "The present disclosure provides a system and method of using telemetry data to determine wager odds by receiving time-stamped position information captured by sensors, such as telemetry data, of one or more participants of one or both is the first set of participant(s) and/or the at least second set of participant(s) ...