US Patent Issued to Sofabet on Aug. 5 for "Systems and methods for automatic event outcome prediction, confirmation, and validation using machine learning" (California Inventors)

ALEXANDRIA, Va., Aug. 6 -- United States Patent no. 12,380,345, issued on Aug. 5, was assigned to Sofabet Co. (Los Angeles).

"Systems and methods for automatic event outcome prediction, confirmation, and validation using machine learning" was invented by Aaron Basch (Los Angeles) and Evan Fisher (Venice, Calif.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Systems and methods for event outcome validation are provided. The system receives a user input indicative of an event and at least one anticipated outcome of the event to be wagered on by the user. The system receives confirmation data associated with an outcome of the event from at least one confirmation data source confirming the outcome of the event a...