Esports Technologies Files Quantum Computing Patent

Esports Technologies, Inc. (Nasdaq: EBET, "Esports Technologies"), a leading global provider of advanced esports wagering products and technology, reportedly announced that it has filed a new patent application with claims related to modeling for Multiplayer Online Battle Arena (“MOBA”) games. The method would use quantum computing to rapidly predict probable team compositions in a MOBA matchup.

One of the crucial phases of a MOBA match is the process of selecting characters for a team, as well as banning characters available to the opposing team. EBET’s new quantum computing approach would increase the calculation speed for odds modeling in MOBA games to seconds, while classical computing algorithms might require days or years to make predictions with the same accuracy. 

EBET’s portfolio of intellectual property for predictive gaming models has been steadily growing over the past year. The company has recently filed two other patent applications of note: an application for a modified statistical distribution for modeling possible outcomes in MOBAs, filed in November 2021, and a provisional application for a method of using artificial intelligence to generate odds models for use in a betting algorithm at esports tournaments, filed in August 2021.