SYSTEM AND METHOD FOR PREDICTING EVENT MARKET ODDS OUTCOMES USING CROWD-SOURCED SENTIMENT AND CUSTOM ODDS WITH ARTIFICIAL INTELLIGENCE

Smart overview of the Invention

The disclosed system innovatively captures user sentiment and generates custom market odds for various event types, enhancing predictive accuracy through artificial intelligence (AI). Unlike traditional platforms that rely on static third-party odds, this system allows users to actively engage by expressing sentiment and creating custom odds. It supports proposition and parlay-style markets, offering a dynamic approach to event forecasting.

Background

Traditional prediction systems depend on centralized odds from sources like sportsbooks and market analysts, offering limited user interactivity. Users typically cannot provide alternative interpretations or engage beyond predefined odds. These systems often lack support for complex market structures such as proposition-based and parlay events, resulting in a disconnect between public sentiment and market valuations, which can reduce forecasting accuracy.

System Functionality

The system enables users to express sentiment towards event outcomes flexibly, create custom market odds, and engage in proposition-based and parlay-style predictions. It leverages AI trained on historical and real-time data to generate insights. This community-influenced model enhances market valuations by integrating collective intelligence into predictive processes, applicable across sports, politics, finance, and more.

Technical Components

• Data Collection: Ingests event market odds and user input from multiple sources.
• Outcome Recording: Stores event results correlated with user sentiment.
• Data Normalization: Converts data into consistent formats for analysis.
• AI Model Training: Trains models on historical and contemporary data.
• Prediction Generation: Produces real-time predictions and confidence metrics.

User Interaction and Benefits

Users interact with the system through a dynamic interface supporting expressions of agreement or disagreement with odds. The platform supports binary, range-based, or multi-outcome formats. Advantages include user influence on market interpretations, integration of crowd psychology as a predictive signal, AI-driven accuracy, and applicability to diverse events. The system displays AI-enhanced probabilities and community sentiment insights to users.