US Patent Issued to SIMPLEBET on May 6 for "System, method, and model structure for using machine learning to predict future sport outcomes based on match state transitions" (New York Inventors)

ALEXANDRIA, Va., June 10 -- United States Patent no. 12,293,263, issued on May 6, was assigned to SIMPLEBET LLC (Boston).

"System, method, and model structure for using machine learning to predict future sport outcomes based on match state transitions" was invented by Kyle Engel (New York), Chris Flynn (New York) and Henry Sorsky (New York).

According to the abstract* released by the U.S. Patent & Trademark Office: "A system and method using machine learning prediction that estimates future sport outcomes by mathematically representing current and future match states as a Bayesian network parameterized by underlying machine learning models."

The patent was filed on Feb. 24, 2021, under Application No. 17/184,132.

*For further informatio...