Parimutuel Pool Patents (Class 463/28)
  • Patent number: 11880844
    Abstract: In an example embodiment, a method for updating a database with dimensional balancing comprises receiving a transaction request to transfer a portion of a first balance from the first balance to a second balance; determining a subset of the first balance less than or equal to the portion in the first balance compliant with dimensional rules based on one or more attributes of the subset and an identifier of an account holding the second balance; moving the determined subset from the first balance to the second balance; and updating attributes of the moved subset in the second balance.
    Type: Grant
    Filed: June 27, 2022
    Date of Patent: January 23, 2024
    Assignee: STRIPE, INC.
    Inventors: Carl Jackson, Robert Ying, Usman Masood
  • Patent number: 11875627
    Abstract: An electronic gaming system includes a display device, a memory, and a processor. The processor is configured to perform a variety of operations, including, for example, determining whether a trigger condition has occurred during a base game, and determining a repeat win amount during the base game. In at least some embodiments, the processor is also configured to control the display device to display a plurality of selections, each selection corresponding to a feature game, in response to occurrence of the trigger condition. Each feature game may be associated with a win volatility and displayed in association with information about the win volatility, and each win volatility may be based, at least in part, upon the repeat win amount determined during the base game.
    Type: Grant
    Filed: September 19, 2022
    Date of Patent: January 16, 2024
    Assignee: Aristocrat Technologies Australia Pty Limited
    Inventor: Blake Davis
  • Patent number: 11765434
    Abstract: The present disclosure provides event capture systems having one or more processors coupled to memory. The event capture system can identify a wager corresponding to a live event associated with a client device. The event capture system can identify a broadcast receiver device corresponding to the client device. The event capture system can generate recording instructions for the broadcast receiver device that cause the broadcast receiver device to initiate a recording of a broadcast of the live event. The event capture system can transmit the recording instructions to the broadcast receiver device to cause the broadcast receiver device to schedule a recording for the broadcast of the live event.
    Type: Grant
    Filed: October 28, 2022
    Date of Patent: September 19, 2023
    Assignee: DRAFTKINGS, INC.
    Inventor: Jordan Mendell
  • Patent number: 11735001
    Abstract: Systems and methods are disclosed for provisionally crediting a financial account of a gaming environment based on player funds received by gaming devices in the form of wagers. The financial account can be maintained at a financial institution. The player funds can be currency, electronic funds, or combinations therefor. Once the currency is physically transferred to the financial institution, the provisional credit can be converted to a full credit. Similarly, for wagers using electronic funds, once the settled funds are received by the financial institution, the provisional credit can be converted to a full credit. Using provisional credits, benefits from the funds can be enjoyed by the gaming operator prior to the physical currency and/or settled funds being received and processed by the financial institution.
    Type: Grant
    Filed: December 27, 2021
    Date of Patent: August 22, 2023
    Assignee: Sightline Payments LLC
    Inventors: Kirk E. Sanford, Thomas M. Sears, Omer Sattar
  • Patent number: 11710383
    Abstract: An improved gaming machine comprising a display screen, a processor, and an input device. The gaming machine displays on the display screen a gaming interface presenting an entertaining display and a summary window comprising a limited view of variables related to participants in multiple events. The gaming machine may conduct wagering on past events for a player, conducting a wager including the processor accessing a database to automatically retrieve data about one or more events in the past and included multiple participants. The data may include both a final ranking of the participants in the events and listings of features of the participants in the events, which may be displayed in the summary window.
    Type: Grant
    Filed: December 14, 2021
    Date of Patent: July 25, 2023
    Assignee: CASTLE HILL HOLDING LLC
    Inventors: Dan Fulton, Brandon Booker, Andrew Scheiner, Josh Larson
  • Patent number: 11622156
    Abstract: Systems and methods for synchronizing client data structures with session events are disclosed. The system can establish a session responsive to a request from a host client device associated with a host player profile. The system can configure the host player profile to share records of events performed via the host player profile during the session, and can receive requests to join the session, each request associated with a respective viewer player profile. The system can receive a request from a viewer to permit automatic population of records corresponding to events performed via the host player profile during the session. The system can detect an event performed via the host player profile during the session, and generate a record corresponding to the event in the viewer player profile, which is used to enable performance of a corresponding event having the same event parameters via the viewer player profile.
    Type: Grant
    Filed: March 1, 2022
    Date of Patent: April 4, 2023
    Assignee: DraftKings, Inc.
    Inventors: Jordan Mendell, Edward Zaleski, Ethan Haskell
  • Patent number: 11610452
    Abstract: The present disclosure provides a method of calculating the odds of a sports play using data fidelity by using a historical database and extracting the most recent play data and the previous play data, and comparing the extracted play to a set of rules to determine if the data is accurate and should be used to calculate wagering odds or if the data is inaccurate or contains an error which prompts action by the system, such as suspending the current wager market until the data that is received is accurate. Also, the method provides a method of calculating the odds of a sports play using data fidelity by using a historical database and extracting the most recent wager market data or wager odds data and the previous wager market data or wager odd data and compares the data to a set of rules to determine if the data is accurate and if not notifying an administrator of the wagering network or wagering platform of a systematic error or issue.
    Type: Grant
    Filed: August 19, 2021
    Date of Patent: March 21, 2023
    Assignee: AdrenalineIP
    Inventors: Casey Alexander Huke, John Cronin, Joseph W. Beyers, Michael D'Andrea
  • Patent number: 11587406
    Abstract: Various embodiments of the present disclosure are directed to a gaming system and method for increasing the likelihood of obtaining a designated outcome for a play of a game. In certain embodiments, when a triggering event occurs in association with a play of a game, the gaming system increases the likelihood of obtaining a designated outcome for that play of the game. In other embodiments, when a triggering event occurs in association with a play of a game, the gaming system increases the likelihood of obtaining a designated outcome for another play of the game, such as the next play of the game.
    Type: Grant
    Filed: February 22, 2022
    Date of Patent: February 21, 2023
    Assignee: IGT
    Inventors: Benjamin R. Holsclaw, Trevor Lynch, Bradford Brown
  • Patent number: 11521463
    Abstract: Systems and methods that enable a player to place a wager on a historical horse race, wherein if the wager is determined to be a winning wager, a win amount for the winning wager is randomly selected from a pool of win amounts.
    Type: Grant
    Filed: May 25, 2021
    Date of Patent: December 6, 2022
    Assignee: IGT
    Inventors: Kevin Higgins, Dwayne Nelson
  • Patent number: 11455861
    Abstract: A system for wagering on outcomes of a live sporting event during the event wherein the odds users are given for a wager are generated based on historical data and then adjusted based on risk factors. These risk factors include lack of sufficient data to form an accurate odds assessment, a wide range of odds from similar plays, and overall monetary loss within a set time frame. Each factor is analyzed individually and then amalgamated into one adjustment factor which is then used to adjust the odds. In this way the system accounts for its own level of inaccuracy in calculating odds.
    Type: Grant
    Filed: November 19, 2020
    Date of Patent: September 27, 2022
    Assignee: AdrenalineIP
    Inventors: Casey Alexander Huke, John Cronin, Joseph W. Beyers, Michael D'Andrea, Harrison Grant
  • Patent number: 11443586
    Abstract: A game management system for managing a casino game played on a gaming table of a casino facility includes: a camera which photographs a bet chip to obtain an image; a control device which specifies a bet amount for each player position on the gaming table on the basis of a position, a type, and the number of sheets of the chip in the image, a player number determination device which determines the number of players participating in a game on the gaming table, and a management control device which determines a recommended value of a minimum bet amount for each gaming table on the basis of information on a bet amount specified by the control device and information on the number of players determined by the player number determination device.
    Type: Grant
    Filed: February 20, 2019
    Date of Patent: September 13, 2022
    Assignee: ANGEL GROUP CO., LTD.
    Inventor: Yasushi Shigeta
  • Patent number: 11210895
    Abstract: A system for a user to choose from a number of odds offered by multiple wagering networks. The user can select one of the odds options. In an embodiment, the user has a GUI process (such as a scroll) to select the option of the odds. A user is provided two or more odds for a bet on one or more platforms. The user can select one of the odds options. In an additional embodiment, the user can receive one or more odds for a bet of one or more platforms and the user has the ability to respond to the one or more bets by offering an alternative odds for the bet. If a platform is accepted, then the bet will be concluded between the user and the platform.
    Type: Grant
    Filed: November 23, 2020
    Date of Patent: December 28, 2021
    Assignee: AdrenalinelP
    Inventors: Casey Alexander Huke, John Cronin, Joseph W. Beyers, Michael D'Andrea
  • Patent number: 11210897
    Abstract: Systems and methods are disclosed for provisionally crediting a financial account of a gaming environment based on player funds received by gaming devices in the form of wagers. The financial account can be maintained at a financial institution. The player funds can be currency, electronic funds, or combinations therefor. Once the currency is physically transferred to the financial institution, the provisional credit can be converted to a full credit. Similarly, for wagers using electronic funds, once the settled funds are received by the financial institution, the provisional credit can be converted to a full credit. Using provisional credits, benefits from the funds can be enjoyed by the gaming operator prior to the physical currency and/or settled funds being received and processed by the financial institution.
    Type: Grant
    Filed: October 28, 2019
    Date of Patent: December 28, 2021
    Assignee: SIGHTLINE PAYMENTS LLC
    Inventors: Kirk E. Sanford, Thomas M. Sears, Omer Sattar
  • Patent number: 11087597
    Abstract: Systems, methods and apparatus are provided. An apparatus includes a user interface, a processing circuit, a ticket printer that prints tickets that display wager data, and a memory coupled to the processing circuit. The memory includes machine readable instructions that, when executed by the processing circuit, cause the processing circuit to receive, from a player via the user interface, wager inputs corresponding to multiple wagers that correspond to predicted outcomes of multiple events that include a first event and a second event and to cause the printer to print first wager data corresponding to the first event on a first ticket and to print second wager data corresponding to the second event on a second ticket. Each of the first and second tickets include wager data corresponding to multiple ones of the wagers.
    Type: Grant
    Filed: July 10, 2019
    Date of Patent: August 10, 2021
    Assignee: IGT
    Inventors: Dwayne Nelson, Patrick Danielson, Julian Turner
  • Patent number: 10490027
    Abstract: A computer implemented method of performing an animated simulation display of a race event, comprising: 1) Acquiring betting information of a plurality of participants of the race event. 2) Acquiring a plurality of results of the race event. 3) Calculating a plurality of order change events determined by the betting information and the results. 4) Instructing a presentation of an animated simulation on a display of a plurality of animated objects according to the plurality of order change events, wherein each of the animated objects represents one of the plurality of participants in the race event.
    Type: Grant
    Filed: December 18, 2017
    Date of Patent: November 26, 2019
    Assignee: Reality Races Limited
    Inventor: Zafrir Feier
  • Patent number: 10475278
    Abstract: Embodiments include opening a gaming account of a user. Embodiments include establishing an amount of consideration in the gaming account of the user. Embodiments include, after opening the gaming account and establishing the amount of consideration, authorizing the user to access the gaming account from a computing device by verifying credentials of the user received from the computing device. Embodiments include receiving a first request from the user to enter into a game. Embodiments include receiving a second request from another user to enter into an opposite side of the game. Embodiments include matching, by the computer system, the first request and the second request. Embodiments include forming one obligation with a gaming operator to pay the user for winning the game with the user and forming one other obligation with the gaming operator to pay the second user for winning the game with the other user.
    Type: Grant
    Filed: June 30, 2014
    Date of Patent: November 12, 2019
    Assignee: INTERACTIVE GAMES LLC
    Inventors: Philip M. Ginsberg, Howard W. Lutnick, Andrew C. Gilbert, Lewis Findlay
  • Patent number: 10460562
    Abstract: Systems and methods are disclosed for provisionally crediting a financial account of a gaming environment based on player funds received by gaming devices in the form of wagers. The financial account can be maintained at a financial institution. The player funds can be currency, electronic funds, or combinations therefor. Once the currency is physically transferred to the financial institution, the provisional credit can be converted to a full credit. Similarly, for wagers using electronic funds, once the settled funds are received by the financial institution, the provisional credit can be converted to a full credit. Using provisional credits, benefits from the funds can be enjoyed by the gaming operator prior to the physical currency and/or settled funds being received and processed by the financial institution.
    Type: Grant
    Filed: December 6, 2017
    Date of Patent: October 29, 2019
    Assignee: Sightline Interactive LLC
    Inventors: Kirk E. Sanford, Thomas M. Sears, Omer Sattar
  • Patent number: 10424164
    Abstract: Short term wagers can be made on predicted outcomes of performances in events such as the performance of a specific player in a sports event or the performance of a company stock in a given time frame. A user can select a plurality of challenge parameters, including a time duration of a challenge; a subject matter of the challenge; a type of wager for the challenge; a specific player for the challenge; and a wager amount for the challenge. The plurality of challenge parameters can be transmitted to a matching engine in order to match the challenge to one or more target users based upon a comparison of the challenge parameters to a plurality of historical challenge parameters for each of the target users to find common parameters. A casino or sports bookmaker can also accept the challenge as a house player.
    Type: Grant
    Filed: December 18, 2015
    Date of Patent: September 24, 2019
    Assignee: ZCO Acquisitions, Inc.
    Inventor: Daniel G. Kehoe
  • Patent number: 9786123
    Abstract: A system employs a server computing system with an integrated database and wireless communications devices, for example, handheld personal digital assistants (PDAs). The server computing system may also communicate with fully automated data collection systems associated with some gaming tables and/or with the casino's legacy data collection systems and databases. The server computing system may communicate with various non-gaming related casino systems, such as point-of-sale terminals and/or accounting systems, related to the various guest facilities, for example, allowing player comps to be freely exchanged for services and merchandise. The wireless communications devices permit remote wagering.
    Type: Grant
    Filed: October 27, 2014
    Date of Patent: October 10, 2017
    Assignee: Bally Gaming, Inc.
    Inventor: Richard Huizinga
  • Patent number: 9715785
    Abstract: Systems and methods are disclosed for provisionally crediting a financial account of a gaming environment based on player funds received by gaming devices in the form of wagers. The financial account can be maintained at a financial institution. The player funds can be currency, electronic funds, or combinations therefor. Once the currency is physically transferred to the financial institution, the provisional credit can be converted to a full credit. Similarly, for wagers using electronic funds, once the settled funds are received by the financial institution, the provisional credit can be converted to a full credit. Using provisional credits, benefits from the funds can be enjoyed by the gaming operator prior to the physical currency and/or settled funds being received and processed by the financial institution.
    Type: Grant
    Filed: July 30, 2015
    Date of Patent: July 25, 2017
    Assignee: Sightline Interactive LLC
    Inventors: Kirk E. Sanford, Thomas M. Sears, Omer Sattar
  • Patent number: 9645224
    Abstract: Correlated and processed data is received that is derived from a plurality of geo-spatial sensors that respectively generate data characterizing a plurality of sources within a zone of interest. The data includes a series of time-stamped frames for each of the sensors. Subsequently, events of interest are identified, in real-time, based on relative positions of the sources within the zone of interest prior to the data being written to a data storage application. Data can then be provided (e.g., loaded, stored, displayed, transmitted, etc.), in real-time, that characterize the events of interest. Related apparatus, systems, techniques and articles are also described.
    Type: Grant
    Filed: March 19, 2014
    Date of Patent: May 9, 2017
    Assignee: SAP SE
    Inventors: Torsten Abraham, Florian Foebel, Boris Gruschko, Gerrit Simon Kazmaier, Christian Lahmer, Nico Licht, Marcus Lieberenz, Lars Volker
  • Patent number: 9251662
    Abstract: In a method of pari-mutuel wagering, one or more primary bettors place wagers having an applicable base take-out rate, and thus yielding a base pari-mutuel payout for winning wagers. One or more secondary bettors may place wagers having an applicable modified take-out rate (preferably lower than the base take-out rate), thus yielding a higher payout for winning wagers than the base payout. In one embodiment, primary bettors may place wagers through a host, such as a track. Secondary bettors may place wagers through a non-host distributor, such as an off-track betting location (OTB). Secondary bettors may apply take-out points to lower the base take-out rate to a new modified take-out rate which is applicable to their wager.
    Type: Grant
    Filed: April 25, 2013
    Date of Patent: February 2, 2016
    Inventor: Lou Tavano
  • Patent number: 9047737
    Abstract: A system for parimutuel wagering on actual past events includes, in one embodiment, a video server including a database having video images of gaming events stored therein, a game server including a computer system configured to facilitate pari-mutuel wagering on actual past events and to permit a player to select a percentage weight for each of a plurality of handicapping factors, and a plurality of terminals. The video server and plurality of terminals are communicatably coupled to the game server.
    Type: Grant
    Filed: August 31, 2012
    Date of Patent: June 2, 2015
    Assignee: Race Tech LLC
    Inventors: Lawrence R. Brooks, Robert Eric Jackson
  • Patent number: 9033789
    Abstract: Apparatus and methods for controlling prize funds won by a user in a gaming system are disclosed. The apparatus includes a credit meter memory (1) for storing data indicative of an amount of credit available to a user to be played on a primary game, a won funds meter (2) for storing data indicative of a value of funds won by the user in playing a primary or secondary game, a prize message receiver (3) for receiving a message indicative of a quantum of a prize won by the user, a processor (4) responsive to the prize message receiver for modifying the stored data to augment the value of funds by quantum of the prize, a user input message receiver (13) for receiving a message indicative of the user's desire to use at least a portion of the funds won by the user as a stake for a tertiary game; and a tertiary game interface (14) for communicating with a tertiary game controller (12).
    Type: Grant
    Filed: October 16, 2006
    Date of Patent: May 19, 2015
    Assignee: Paltronics Australia Pty Limited
    Inventors: Stephen Cowan, Dean Wright, Alan Minski
  • Patent number: 9028322
    Abstract: Methods and systems for providing gambling games to users wherein the games are not tied to a particular gaming operator. Specifically, a third party gaming system provides central access to a library of gambling games offered by multiple gaming operators. Players connect to the third party gaming system and select a game from the library of gambling games. Once a player has selected a game, the third party gaming system provides the player with a game client for the selected game and operator configuration parameters for a suitable gaming operator system. The game client then dynamically reconfigures itself using the configuration parameters to connect to the gaming operator system to play the game. In some cases after the user has selected a game they are provided with a list of gaming operators that offer the selected game and the player can select which operator that they wish to play with.
    Type: Grant
    Filed: August 14, 2012
    Date of Patent: May 12, 2015
    Inventors: Ashley Lang, Dennis Diaconescu, Peter Mares
  • Patent number: 9022853
    Abstract: A primary and secondary game for a wagering gaming machine. In one embodiment, the number of lines wagered or a slot machine makes the player eligible for a bonus game, and a wager made per payline effects how many moves or positions on a meter the player advances upon achieving the bonus triggering symbol or combination of symbols. When the player advances the meter to the end, the gaming device displays a payout event. The payout event can be any type of bonus gaming event that potentially provides an award to the player.
    Type: Grant
    Filed: March 21, 2013
    Date of Patent: May 5, 2015
    Assignee: IGT
    Inventors: Anthony J. Baerlocher, Karen M. Kendall
  • Patent number: 8992312
    Abstract: The invention relates to systems and methods of providing an integrated wagering and interactive media platform. The system may allow various types of third party interactive media providers such as video game publishers (including smartphone and tablet game publishers, console game publishers, etc.), video and other multimedia download or streaming services, and others to access outcomes of real-world wagers associated with users so that the outcomes may be revealed in association with interactive media. Other types of systems may also access the reveal mechanisms to reveal outcomes of real-world wagers such as, for example, retail systems, kiosks, vending machines, and/or other user touch points that can identify a user, obtain wager outcomes from the system, and provide the wager outcomes to the user. Furthermore, in-house developed games and other interactive media may use the reveal mechanisms described herein to reveal outcomes of real-world wagers associated with the user.
    Type: Grant
    Filed: March 13, 2014
    Date of Patent: March 31, 2015
    Assignee: Game Play Network, Inc.
    Inventors: Russell M. Fine, Douglas W. Tung
  • Patent number: 8986105
    Abstract: A printing and dispensing system for an electronic gaming device has been developed. The system includes a gaming device with a processor that generates an outcome for the gambling device and a bonus system that generates payout that is supplemental to the payout of the gaming device. The supplemental payout is generated is response to gaming events in the gaming device.
    Type: Grant
    Filed: January 11, 2005
    Date of Patent: March 24, 2015
    Inventor: Douglas M. Okuniewicz
  • Patent number: 8974294
    Abstract: Methods and systems for gaming are provided. A transpiring of a collective element in an entertainment game portion of a hybrid game is determined where the collective element is shared by two or more players of the entertainment portion of the hybrid, and where the hybrid game includes a gambling game portion and the entertainment game portion. A wager is triggered in the gambling game portion of the hybrid game based on the transpiring of the collective element in the entertainment game portion of the hybrid game. A real world credit gambling game result is distributed in the gambling game portion of the hybrid game between the two or more players. The distribution may be made on the basis of various parameters of the use of the shared collective element by the players. In addition, an allocation of an amount of a real world credit for the wager may also be based on various parameters of the players use of the shared collective element.
    Type: Grant
    Filed: April 28, 2014
    Date of Patent: March 10, 2015
    Assignee: Gamblit Gaming, LLC
    Inventors: Miles Arnone, Eric Meyerhofer
  • Patent number: 8968071
    Abstract: Methods of weighting odds in shared bonus events and gaming systems and devices configured for weighting odds in shared bonus events. A number of participations or entries by the same gaming machine or player entity may be obtained for a shared bonus event in association with play of a base or primary game, allowing the odds of winning the shared bonus event to be weighted.
    Type: Grant
    Filed: January 30, 2007
    Date of Patent: March 3, 2015
    Assignee: IGT
    Inventors: Michael T. Tessmer, Lee E. Cannon, Charlotte S. Centuori, Alan D. Williams
  • Patent number: 8961295
    Abstract: Systems and methods provide power management on a wagering game machine. Inrush power may be reduced by staggering application of power to various power supplies in a wagering game machine. A processor or timer may control the activation of power supplies. Further power management may be provided by placing wagering game machine peripherals in a power consumption mode appropriate to the activity or lack of activity on a wagering game machine.
    Type: Grant
    Filed: May 15, 2014
    Date of Patent: February 24, 2015
    Assignee: WMS Gaming Inc.
    Inventors: Charles R. Bleich, Michael J. Sosnoski
  • Patent number: 8956210
    Abstract: A method and system for playing jackpot and live baccarat games are provided. One feature of the jackpot method involves the use of card combinations that includes at least one zero-point card. Another feature of the jackpot method involves initial jackpot contribution from the banker who operates the baccarat game. It is also provided a software program or a set of software program for carrying out any or all the steps of the disclosed gaming method.
    Type: Grant
    Filed: January 4, 2011
    Date of Patent: February 17, 2015
    Inventor: Jay Chun
  • Patent number: 8926423
    Abstract: The gaming system, gaming device and method disclosed herein determines whether to provide at least one of the plurality of progressive awards to the player based on that player's measured level of skill in: (i) a plurality of plays of a partial skill-based game, (ii) a skill-based progressive award sequence, or (iii) a plurality of plays of a partial skill-based game and a skill-based progressive award sequence. The determination is based on zero, one or more inputs made by the player which tend to measure that player's level of skill in at least one of a partial skill-based game and a skill-based progressive award sequence.
    Type: Grant
    Filed: April 24, 2013
    Date of Patent: January 6, 2015
    Assignee: IGT
    Inventors: Cameron A. Filipour, Alexander Popovich, Adam M. Singer, Ali M. Saffari, Bryan D. Wolf
  • Patent number: 8911292
    Abstract: Various embodiments of the gaming system of the present disclosure enable a player to play a secondary or bonus game, in which the player has the chance to play for a designated award in the triggered secondary or bonus game. The probability of triggering the secondary or bonus game varies based on the player's primary game wager. Additionally, the probability of winning a designated award in the triggered secondary or bonus game varies based on the player's primary game wager. In one embodiment, as the primary game wager increases, the odds of triggering the secondary or bonus game increase, but not in direct proportion to the wager. Similarly, the odds of winning the designated award in the triggered secondary or bonus game increases, but not in direct proportion to the wager.
    Type: Grant
    Filed: August 19, 2013
    Date of Patent: December 16, 2014
    Assignee: IGT
    Inventor: Christopher T. Brune
  • Publication number: 20140357351
    Abstract: A wagering system (10) comprising a wager processor (12); and at least one wager terminal (14) in data and control communication with the wager processor (12). The wager processor (12) issues a plurality of redeemable units (28) linked to each wager (26) placed by a user (30) on an outcome of an event, or series of events, placed by way of the wager terminal (14). The number of redeemable units (28) to be issued is a function of at least the time at which the wager (26) is placed on said outcome.
    Type: Application
    Filed: January 18, 2013
    Publication date: December 4, 2014
    Applicant: RACING AND WAGERING WESTERN AUSTRALIA
    Inventor: Scott Robert McDowell
  • Publication number: 20140342817
    Abstract: A system, method and apparatus provides a unique betting product where players make selections in one or more different events. Players who are in contention to win may be offered an opportunity to sell their tickets, in whole or in part, in response to a full or partial buy-out offer made at any time prior to completion of a wagering event.
    Type: Application
    Filed: August 1, 2014
    Publication date: November 20, 2014
    Inventor: Bernard Marantelli
  • Patent number: 8851982
    Abstract: A method for playing a wagering game allows an opportunity to achieve a progressive award. A wager input is received from a player for playing the wagering game. A triggered progressive game includes player-selectable elements, each of the player-selectable elements being capable of association with a progressive-winning outcome. An outcome is assigned to each of the player-selectable elements, wherein a probability that the outcome is a progressive-winning outcome depends upon an amount of the wager input. The player-selectable elements are displayed.
    Type: Grant
    Filed: June 9, 2013
    Date of Patent: October 7, 2014
    Assignee: WMS Gaming Inc.
    Inventors: Allon G. Englman, Benjamin T. Gomez, Michael W. Mastropietro, Bradley A. Rose
  • Publication number: 20140274352
    Abstract: The invention relates to systems and methods of gaming, including online gambling. The system may enable betting to be performed by a user with respect to one or more events (e.g., the betting results are revealed to the user (optionally in a time delayed manner) based at least in part on the user's game play with respect to an interactive game (e.g., an online interactive electronic game)). By way of example and not limitation, the event may be a sporting event, a lottery, stock market activity, a political race, or other form of risk resolution that provides a return against an amount wagered. The interactive game may involve physical coordination, problem solving and/or other activity unrelated to the underlying event being wagered on. Further, the actual selection of events (e.g., races and competitors, stocks, etc.) to bet on may be automatically selected, without requiring the user to perform manual selections.
    Type: Application
    Filed: March 13, 2014
    Publication date: September 18, 2014
    Applicant: Game Play Network, Inc. d/b/a Oddz
    Inventors: David M. Marshall, Russell M. Fine, Joseph J. Hasson, Douglas W. Tung
  • Patent number: 8834262
    Abstract: The present invention is directed to a method and system of gaming where players contribute money to win a prize and a part of the money is allocated for public benefit such as charities and other welfare causes. The system gives the player control over certain features such as selecting a cause.
    Type: Grant
    Filed: September 22, 2010
    Date of Patent: September 16, 2014
    Inventor: Marc Robert Amour
  • Patent number: 8827800
    Abstract: In various embodiments, the gaming system, gaming device, and gaming method disclosed herein includes an accumulation sequence and a competition sequence. In one embodiment, the gaming system includes competitor points which determine (i) a competitor's eligibility to participate in the competition sequence and (ii) the competitor's relative probability of success in the competition sequence. In this embodiment, a competitor (which is either representative of an actual player or a virtual, gaming system controlled player) accumulates competitor points during one or more point accumulation sequences which occur in association with designated events. For a subsequent competition sequence, the gaming system determines if a competitor will participate in the triggered competition sequence based on the competitor's accumulated competitor points.
    Type: Grant
    Filed: December 19, 2012
    Date of Patent: September 9, 2014
    Assignee: IGT
    Inventors: Anthony J. Baerlocher, Alexandria Estella Ponte Sutich, Lance R. Peterson
  • Patent number: 8814700
    Abstract: Methods and systems of pari-mutuel wagering are disclosed to facilitate the wager construction process. Methods and systems of pari-mutuel wagering may enable an organization to set rules to display the gaming activity. Methods and systems of pari-mutuel wagering may enable players to make subscription as well as programmed bets.
    Type: Grant
    Filed: October 23, 2012
    Date of Patent: August 26, 2014
    Assignee: United Tote Company
    Inventors: Kenneth A. Vlazny, Scott B. Pfennighausen, Stephen M. Smith, Joseph J. Tracy, Victor I. Harrison
  • Patent number: 8814668
    Abstract: A pari-mutuel wagering system has a gaming computer, a wager database, an account database, and a wager receiving program operably installed in the memory of the gaming computer. The wager receiving program defines a first group of sporting events, and a second group of the sporting events. Wagers are made on who will win each of the sporting events in the first and second groups, and a primary pool of the wagers is allocated to a first common pari-mutuel fund, a second common pari-mutuel fund, and to a house commission. Winning wagers regarding the first group receive a payout according to a pari-mutuel strategy from the first common pari-mutuel fund, and are also eligible to win the second common pari-mutuel fund if they make winning wagers regarding the second group.
    Type: Grant
    Filed: September 13, 2010
    Date of Patent: August 26, 2014
    Assignee: Pari-Mutual Solutions, LLC
    Inventor: Mark A. Cornett
  • Patent number: 8814695
    Abstract: Some embodiments include a fantasy sports game. In some embodiments, an expected performance value may be determined. In some embodiments, a same player may appear multiple times in a team. Various other embodiments are described.
    Type: Grant
    Filed: June 15, 2011
    Date of Patent: August 26, 2014
    Assignee: CFPH, LLC
    Inventors: Lee Amaitis, Phillip Flaherty, Andrew Garrood
  • Publication number: 20140206439
    Abstract: In a method of wagering, one or more primary bettors place wagers having an applicable base take-out or rake rate, and thus yielding a base payout for winning wagers. One or more secondary bettors may place wagers having an applicable modified take-out or rake rate (preferably lower than the base take-out or rake rate), thus yielding a higher payout for winning wagers than the base payout. The wagering may occur relative to card games such as poker, or other types of games or events, including sports betting. Bets may be placed with a host, such as a casino or track, or an off-track entity.
    Type: Application
    Filed: March 21, 2014
    Publication date: July 24, 2014
    Inventor: Louis J. Tavano
  • Patent number: 8764558
    Abstract: A method of managing bets includes receiving first types of bets and second types of bets. Each first type of bet comprises a bet that the number of units earned by a participant in a plurality of events will fall within a first range of numbers. Each second type of bet comprises a bet that the number of units earned by the participant over a course of a plurality of events will fall within a second range of numbers. The total number of units earned by the participant is determined based on the positioning of the participant in each event. The method includes determining whether the first or second type of bets are winning bets. A betting pool is determined based on the total amounts associated with the first and second types of bets. A payout is determined based on the betting pool and the total amounts of the winning bets.
    Type: Grant
    Filed: September 14, 2012
    Date of Patent: July 1, 2014
    Assignee: Cantor Index, LLC
    Inventors: Lee M. Amaitis, Joseph M. Asher, Adam Burgis, Dominic Crosthwaite
  • Patent number: 8764542
    Abstract: A game of chance and a method of playing a game of chance with a unique format and innovative wagering options, including parlay and progressive betting. At least one player must place at least one bet for the game to commence. Wagers can be placed on one event or multiple random events occurring simultaneously. Winning payouts are calculated based on the odds of the single event or the cumulative odds of multiple simultaneous events. The progressive bet can only be placed if another wager is simultaneously made, and is paid out as a separate bet. Once commenced, the game incorporates a plurality of random event generators to generate outcomes, which are paid out depending on predetermined payout odds. This game and method would be well suited for casinos in table, hybrid or electronic formats. This game could be played as a board game, a video game or a machine game.
    Type: Grant
    Filed: December 31, 2009
    Date of Patent: July 1, 2014
    Inventor: Jared Cram
  • Publication number: 20140162771
    Abstract: A betting game is disclosed where betting amounts for tokens are shown to opponents at regular intervals; however, at each regular interval, the betting amount is shown for a previous time. During the game, players bid based on what they think other players will do, but only have lagged (prior time) betting information at any moment during the game, until the game ends. Once the game ends, players are paid out a percentage based on the placement of their tokens. Side bets by non-players may also be made which do not affect the placement of the tokens or pay-out to the players, the side bets having a pay-out based on a win/loss percentage forecast. The house (game administrator) may contribute to the winning pot or take a percentage of the winnings as a fee. Further, in some embodiments, players may enter more than one token, sometimes for an additional fee to be paid to the house or into the pot to be paid out.
    Type: Application
    Filed: December 12, 2012
    Publication date: June 12, 2014
    Inventor: Sergei Kurdimov
  • Patent number: 8747216
    Abstract: An improved sportsbook room is disclosed. The sportsbook room allows an individual to place wagers on the sports competitions shown in the sportsbook room from a gaming terminal in his/her carrel and to also play other casino games on the same gaming terminal.
    Type: Grant
    Filed: March 10, 2010
    Date of Patent: June 10, 2014
    Assignee: ISI, Ltd
    Inventors: Bill Stearns, Jim Gladney
  • Patent number: 8734226
    Abstract: Systems and methods for assisting game play and wagering are provided. A game assistant system may provide a user with advice on game play or wagering for casino games such as blackjack, roulette, poker, craps, slots, or baccarat. The game assistant may also provide a user with advice on wagering events (e.g., horse racing, etc.) or on other games (e.g., backgammon, chess, etc.). The information provided by the game and wagering assistant during game play or a wagering event may allow a user to minimize losses or the statistical advantage of a casino or game provider. The game and wagering assistant system may also allow a user to allocate a particular amount of money for wagering on games or events, and allow the user to control the rate at which the money is expended.
    Type: Grant
    Filed: November 1, 2002
    Date of Patent: May 27, 2014
    Assignee: BGC Partners, Inc.
    Inventors: Timothy H Heaton, Howard W Lutnick
  • Patent number: 8734241
    Abstract: A system, method and apparatus provides a unique pool betting product where players make selections in a number of different events which occur in sequential legs or time periods. After some and preferably most of the legs have been completed, players who have correct “win” predictions for each of the events or legs that are completed and thus remain in contention for the Jackpot Pool, and potentially those still eligible for consolations prizes, will be offered an opportunity to sell their tickets, in whole or in part, to the game operator or through the game operator.
    Type: Grant
    Filed: August 2, 2013
    Date of Patent: May 27, 2014
    Assignee: Diogenes Limited
    Inventor: Bernard J. Marantelli