Parimutuel Pool Patents (Class 463/28)
-
Patent number: 8814695Abstract: 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: GrantFiled: June 15, 2011Date of Patent: August 26, 2014Assignee: CFPH, LLCInventors: Lee Amaitis, Phillip Flaherty, Andrew Garrood
-
Publication number: 20140206439Abstract: 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: ApplicationFiled: March 21, 2014Publication date: July 24, 2014Inventor: Louis J. Tavano
-
Patent number: 8764542Abstract: 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: GrantFiled: December 31, 2009Date of Patent: July 1, 2014Inventor: Jared Cram
-
Patent number: 8764558Abstract: 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: GrantFiled: September 14, 2012Date of Patent: July 1, 2014Assignee: Cantor Index, LLCInventors: Lee M. Amaitis, Joseph M. Asher, Adam Burgis, Dominic Crosthwaite
-
Publication number: 20140162771Abstract: 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: ApplicationFiled: December 12, 2012Publication date: June 12, 2014Inventor: Sergei Kurdimov
-
Patent number: 8747216Abstract: 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: GrantFiled: March 10, 2010Date of Patent: June 10, 2014Assignee: ISI, LtdInventors: Bill Stearns, Jim Gladney
-
Patent number: 8734226Abstract: 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: GrantFiled: November 1, 2002Date of Patent: May 27, 2014Assignee: BGC Partners, Inc.Inventors: Timothy H Heaton, Howard W Lutnick
-
Patent number: 8734240Abstract: In a method for administering a lottery in combination with a pari-mutuel pool, tickets are generated at point-of-purchase terminals, each ticket including a series of randomly generated or user-selected numbers. A portion of the purchase price of each ticket is allocated to the pari-mutuel pool and is treated as a wager in the pari-mutuel pool, while another portion of the purchase price may be allocated to other pools, including a supplemental payout pool. If the ticket is a winning ticket, a preliminary amount of a payout from the wager in the pari-mutuel pool is determined. In some cases, this preliminary amount is supplemented from monies in the supplemental payout pool.Type: GrantFiled: January 20, 2012Date of Patent: May 27, 2014Assignee: Equilottery LLCInventor: Bradford Cummings
-
Patent number: 8734241Abstract: 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: GrantFiled: August 2, 2013Date of Patent: May 27, 2014Assignee: Diogenes LimitedInventor: Bernard J. Marantelli
-
Patent number: 8721438Abstract: 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: GrantFiled: August 2, 2013Date of Patent: May 13, 2014Assignee: Diogenes LimitedInventor: Bernard J. Marantello
-
Patent number: 8721439Abstract: 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: GrantFiled: August 2, 2013Date of Patent: May 13, 2014Assignee: Diogenes LimitedInventor: Bernard J. Marantelli
-
Patent number: 8708811Abstract: The present invention is directed to a system, method and apparatus for providing 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: GrantFiled: August 2, 2013Date of Patent: April 29, 2014Assignee: Diogenes LimitedInventor: Bernard J. Marantelli
-
Publication number: 20140113713Abstract: A system generates multiple presentations, or game play opportunities, based upon a single defined value set relating to a wager produced by the outcome of concurrent, multi-venue, multi-event, multi-outcome horse racing pari-mutuel wager. Once the wager has been defined, the events comprising the dataset of wagers are arranged sequentially. One or more random number generators are utilized to distribute the dataset elements as well as corresponding numbers, symbols or images in a random rather than sequential fashion thereby resulting in multiple unique game play opportunities.Type: ApplicationFiled: December 30, 2013Publication date: April 24, 2014Inventors: Anthony deLisle Fontaine, Michael Jay Staw
-
Patent number: 8702487Abstract: A method and apparatus for playing a wagering game with a winning game outcome determined by the selection of at least two groups from a plurality of groups. Each group having a plurality of possible game outcomes, with the possible game outcomes duplicated in some or all of the groups. The winning or selected game outcome is the game outcome associated with each of the selected groups. The selected game outcome may be determined by the intersection of the selected groups, or may be the game outcome that is common to each of the selected groups.Type: GrantFiled: September 30, 2005Date of Patent: April 22, 2014Assignee: WMS Gaming Inc.Inventor: Alfred Thomas
-
Patent number: 8696432Abstract: A system and method are provided for playing a game of chance. The game of chance may include, for example, a lottery-type game. A result of the game of chance is revealed to a player in another medium. In one example, the result is revealed during multiple game instances of one or more online games. In one example, the online game is a game in which elements are selected, and in response to the selection, a prize is revealed (or not) to the player. In another example, the player is permitted to predict the outcome of a characteristic of the online game, a game-playing computer determines an outcome to be displayed to the player that reflects a result of the game of chance. In one example game format, the player is permitted to predict the most frequently-occurring element in a group of drawn game elements.Type: GrantFiled: November 1, 2011Date of Patent: April 15, 2014Assignee: Scientific Games Holdings LimitedInventors: Steven N. Kane, Dow Hardy, Mark E. Herrmann
-
Patent number: 8696448Abstract: According to various embodiments, a video game allows one or more players to enter contracts, where credit cards or other financial instruments are used to secure the contracts. A player defaulting on such a contract can be subjected to penalties in the video game and/or in the real world.Type: GrantFiled: March 16, 2010Date of Patent: April 15, 2014Assignee: Leviathan Entertainment, LLCInventor: Andrew Van Luchene
-
Patent number: 8690667Abstract: This disclosure provides a pari-mutuel wagering system that includes a first wagering facility communicably coupled with a network and operable to receive a bet on a wagering event hosted by a second wagering facility. The first wagering facility is further operable to transmit the bet to the second wagering facility via the network. The system further includes a clearinghouse communicably coupled with the network and operable to capture audit information associated with the bet from the network.Type: GrantFiled: May 14, 2012Date of Patent: April 8, 2014Assignee: CFPH, LLCInventors: Joseph M. Asher, Howard W. Lutnick
-
Publication number: 20140087859Abstract: A system for managing bets comprises a memory and a processor. The memory stores one or more first type of bets and one or more second types of bets. Each first type of bet is associated with a bet amount and comprises a bet that a participant selected from a set of participants in an event will finish in a predetermined subset of finishing positions associated with the event. Each second type of bet is associated with a bet amount and comprises a bet that the selected participant will not finish in the predetermined subset of finishing positions associated with the event. The processor adds the bet amounts associated with the first type of bets with the bet amounts associated with the second type of bets to form a betting pool. The processor determines an amount of a payout based at least in part on the betting pool.Type: ApplicationFiled: November 21, 2013Publication date: March 27, 2014Applicant: Cantor Index, LLCInventors: Lee M. Amaitis, Joseph M. Asher, Adam Burgis, Dominic Crosthwaite
-
Patent number: 8678918Abstract: A gaming device having a game involving a plurality of selections and at least one progressive award increment associated with at least one of the selections. The gaming device has a progressive award which is displayable if the player picks a selection associated with a progressive award increment.Type: GrantFiled: June 21, 2012Date of Patent: March 25, 2014Assignee: IGTInventors: Karen M. Cregan, Paulina Rodgers, Anthony J. Baerlocher
-
Patent number: 8672747Abstract: A method is provided for providing payments at a gaming device, where the payments may occur at predictable times and are of predictable amounts. In one or more embodiments, a gaming device may provide a guaranteed payment every hour on the hour, so long as a player meets one or more criteria. Criteria may include a total amount wagered, a total number of handle pulls completed, or a total amount of time spent at a gaming device. One or more embodiments provide a method for withholding value from a player in order that the value may delivered later in the form of a guaranteed payment. One or more embodiments provide a method whereby multiple gaming devices may provide payments simultaneously, thereby creating mutually reinforcing sounds and visual displays.Type: GrantFiled: November 27, 2012Date of Patent: March 18, 2014Assignee: IGTInventors: Jay S. Walker, James A. Jorasch, David F. Zucker, Jose A. Suarez, Stephen C. Tulley, Geoffrey M. Gelman
-
Patent number: 8668579Abstract: A method is provided for providing payments at a gaming device, where the payments may occur at predictable times and are of predictable amounts. In one or more embodiments, a gaming device may provide a guaranteed payment every hour on the hour, so long as a player meets one or more criteria. Criteria may include a total amount wagered, a total number of handle pulls completed, or a total amount of time spent at a gaming device. One or more embodiments provide a method for withholding value from a player in order that the value may delivered later in the form of a guaranteed payment. One or more embodiments provide a method whereby multiple gaming devices may provide payments simultaneously, thereby creating mutually reinforcing sounds and visual displays.Type: GrantFiled: January 30, 2012Date of Patent: March 11, 2014Assignee: IGTInventors: Jay S. Walker, James A. Jorasch, David F. Zucker, Jose A. Suarez, Stephen C. Tulley, Geoffrey M. Gelman
-
Publication number: 20140066188Abstract: 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: ApplicationFiled: August 31, 2012Publication date: March 6, 2014Inventors: Lawrence Robert Brooks, Robert Eric Jackson
-
Publication number: 20140066190Abstract: A gambling game that contains different rooms, with different amount of players. and with different amount of money, according to the room, that each player can gamble on, will provide a platform for withdraw that if dividing the money of all player to 100 winners, each player will have very high chance to win, with regards to money that he will invest, and the relative number of winner in each withdraw.Type: ApplicationFiled: January 22, 2013Publication date: March 6, 2014Inventor: Eli Shnoer Golan
-
Publication number: 20140066189Abstract: 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: ApplicationFiled: August 31, 2012Publication date: March 6, 2014Inventors: Lawrence R. Brooks, Robert Eric Jackson
-
Patent number: 8651948Abstract: A system for managing bets comprises a memory and a processor. The memory stores information associated with a field of participants for an event, each participant associated with particular odds for the event. The processor receives a bet that a lead participant from the field of participants will finish in a particular subset of finishing positions in the event, wherein the bet is associated with customized odds. The processor further select one or more additional participants from the field of participants to add to the bet such that the odds associated with the lead participant combined with the odds associated with the one or more selected additional participants at least approximates the customized odds for the bet.Type: GrantFiled: July 2, 2012Date of Patent: February 18, 2014Assignee: Cantor Index, LLCInventors: Joseph M. Asher, John W. Bristow, Howard W. Lutnick
-
Patent number: 8651947Abstract: A gaming system and method including a plurality of gaming devices that may participate in a shared secondary or bonus game and a controller operable to communicate with said plurality of gaming devices. At least one of the plurality of gaming devices is programmed to generate and accumulate collectors upon an occurrence of a first triggering event. Upon an occurrence of a second triggering event at one of the gaming devices, the controller enables a player of said gaming device to redeem a quantity of accumulated collectors in a bonus event. The controller also enables the player to invite other gaming devices from the plurality of gaming devices to redeem accumulated collectors and participate in said bonus event. The odds of each player earning a higher-valued total award in the bonus event increases with the total number of accumulated collectors redeemed in the bonus event.Type: GrantFiled: November 9, 2007Date of Patent: February 18, 2014Assignee: IGTInventors: Scott A Caputo, Mark C Nicely, Greg Parrott
-
Publication number: 20140045588Abstract: A method for conducting pari-mutuel wagering on an multi-action event, comprising the steps of providing at least one wagering computing system for ranking of participants in the event; establishing preliminary odds of winning a wager, based in part upon the rankings, for a plurality of individual actions of the multi-action event; accepting wagers for each of the plurality of individual actions; pooling respective wagers for each of the plurality of individual actions into a respective action-specific pool; calculating, using the wagering computing system, final odds of winning each of the plurality of individual actions using the action-specific pool; and paying winnings as determined by the final odds to one or more bettors who wagered a correct outcome for each of the plurality of individual actions.Type: ApplicationFiled: October 18, 2013Publication date: February 13, 2014Inventors: Nicholas Demino, Timothy Neary
-
Patent number: 8647196Abstract: Systems and methods enable players to play games of chance using gaming devices to win a progressive prize, a pari-mutuel prize, and a plurality of gaming device specific player prizes. A first gaming device enables a first player to win the progressive prize, the pari-mutuel prize, and a gaming device specific first player prize that is independent of the first player. A second gaming device enables a second player to win the progressive prize, the pari-mutuel prize, and a gaming device specific second player prize that is independent of the second player. The second gaming device prevents the second player from winning the gaming device specific first player prize while the second player is using the second gaming device.Type: GrantFiled: March 7, 2013Date of Patent: February 11, 2014Assignee: Gaming Arts, LLCInventors: David Colvin, Eric D. Colvin
-
Patent number: 8644508Abstract: A system and method is disclosed for assuring that networked communications between parties playing a game on a network (e.g., the Internet) are not tampered with by either of the parties for illicitly gaining an advantage over the other party. An initial sequence of tokens (e.g., card representations) for playing the game are doubly encrypted using an encryption key from each of the parties. Accordingly, during play of the game neither party can modify the initial sequence of game tokens during the game. At termination of the game, at least one of the parties can fully decrypt the initial sequence of tokens, and thereby, if desired, compare the played token sequence with the corresponding the initial token sequence.Type: GrantFiled: March 26, 2012Date of Patent: February 4, 2014Inventors: Dennis J. Dupray, Sheldon F. Goldberg
-
Patent number: 8636571Abstract: A method for managing horseracing bets is provided. The method includes receiving one or more bets. Each bet comprises a selection of five horse races selected from a plurality of horse races scheduled to be run at a track in a day, a selection of a respective horse for each of the five horse races selected and a bet amount. The method also includes combining each bet amount to form a betting pool and determining an amount of a total payout for the day based at least in part on the betting pool.Type: GrantFiled: February 3, 2004Date of Patent: January 28, 2014Assignee: Cantor Index, LLCInventor: Kenneth L. Miller
-
Patent number: 8632388Abstract: One embodiment of the present disclosure provides a game operable upon a wager by a player which initially employs an initial or default paytable. The gaming device enables a player to place wagers on plays of the game. The gaming device displays the game outcomes and provides the player with any awards based on the game outcomes in accordance with the default paytable. Upon an occurrence of a triggering event, a bonus mode is triggered. In one embodiment, when the bonus mode is triggered, the gaming device offers to replace the default paytable with a different one of the paytables for a limited number of future plays of the game, if the player agrees to make an additional wager on each of those future plays of the game. If the player chooses to accept the offer, the gaming device determines outcomes and provides any awards for the limited number of future plays in accordance with the new paytable, as long as the player continues placing the additional wager for each of those plays.Type: GrantFiled: November 13, 2008Date of Patent: January 21, 2014Assignee: IGTInventors: Dwayne A. Davis, Michael M. Oberberger, Scott T. Hilbert, Alexandria E. Sutich
-
Patent number: 8628410Abstract: A gaming system comprises a wager input device receiving a wager from a player to play a wagering game, at least one display, and at least one controller. The wagering game provides access to a progressive game having multiple progressive jackpots. The multiple progressive jackpots are reset after being awarded. In response to a progressive jackpot being awarded, a current expected value of the wagering game is calculated with a normal reset value applied to the awarded progressive jackpot. And, in response to the calculated current expected value of the wagering game being less than a minimum jurisdictional limit, the awarded one of the multiple progressive jackpots is reset with a padded reset value so that the expected value of the wagering game is equal to or greater than the minimum jurisdictional limit. The padded reset value is greater than the normal reset value.Type: GrantFiled: December 29, 2010Date of Patent: January 14, 2014Assignee: WMS Gaming Inc.Inventors: Joel R. Jaffe, Robert L. Kyte
-
Patent number: 8616964Abstract: Methods and systems for hosting a betting pool are disclosed. The betting pool can be hosted by a lead participant. Pool participants can be maintained through a partner relationship module. The betting pool lead participant manages events associated with the betting pool through an event manager and through a pool manager. Winning participants in the betting pool are determined and payouts can be processed.Type: GrantFiled: March 6, 2008Date of Patent: December 31, 2013Assignee: Cigno (B.V.I.) Ltd.Inventor: Amish Patel
-
Patent number: 8616978Abstract: A wagering game system and its operations are described herein. In embodiments, the operations can include managing multiple instances of gaming applications associated with a wagering game client device and determining event data from the multiple instances of gaming applications. The operations can further include aggregating the event data into an event repository and determining that a requesting application requests some portion of the event data. The operations can further include opening a communication channel between the event data repository and the requesting application, formatting the requested portion of the event data in a format understandable to the requesting application, and communicating the requested portion of the event data to the requesting application via the communication channel.Type: GrantFiled: September 1, 2010Date of Patent: December 31, 2013Assignee: WMS Gaming, IncInventors: Mark B. Gagner, Jacek A. Grabiec, Damon E. Gura, Budyanto Himawan, Jason A. Smith
-
Patent number: 8616966Abstract: A method of gaming with multiple players comprising: determining a set of eligible multi-player game players; assigning each eligible multi-player game player a number of multi-player game turns depending on a wager amount; and conducting the multi-player game turns with the eligible multi-player game players and determining multi-player game turn outcomes until a multi-player game end condition occurs.Type: GrantFiled: April 21, 2009Date of Patent: December 31, 2013Assignee: Aristocrat Technologies Australia Pty LimitedInventor: Nicholas Luke Bennett
-
Patent number: 8613655Abstract: Techniques are describe for providing group play events with multiple game devices. Group play events are triggered by any game device that qualifies to participate, so that when any qualifying game device triggers a group play event, all qualifying game devices participate in the group play event. In some situations, a probability for triggering a group play event is adjusted to accommodate for a dynamically changing number of game devices that qualify over time.Type: GrantFiled: April 30, 2008Date of Patent: December 24, 2013Assignee: Bally Gaming, Inc.Inventors: Joseph Kisenwether, Jeff Mincey, Loren Nelson
-
Patent number: 8608557Abstract: Provided is a betting ticket purchase system capable of avoiding a time lag between the reception of a purchase request that changes the odds greatly and the reflection of the specifics of the purchase request on a change in the odds . A betting request receiving unit (26) receives a purchase request for a betting ticket. An odds outputting unit (24) outputs odds which are calculated based on specifics of the purchase request. The betting request receiving unit (26) identifies a level of impact of the purchase request on the odds based on the specifics of the purchase request. The betting request receiving unit (26) sets a processing order of the purchase request so that the purchase request is processed before a purchase request that is identified as being smaller in impact on the odds than the purchase request.Type: GrantFiled: May 25, 2012Date of Patent: December 17, 2013Assignee: Rakuten, Inc.Inventor: Suguru Oiwa
-
Patent number: 8602884Abstract: The present invention is directed to a system, method and apparatus for providing 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: GrantFiled: September 6, 2012Date of Patent: December 10, 2013Assignee: Diogenes LimitedInventor: Bernard James Marantelli
-
Patent number: 8597117Abstract: The computer-implemented virtual game-based method and system of the present invention allow participants to play incentive-based virtual games and accept or decline offered prizes. Declining an offered prize allows a participant to play for a more desirable prize and accepting a prize prohibits the participant from accepting another prize for the duration of a temporal lock out period. Individual single use virtual games are issued electronically to participants requesting to play a virtual game. Prizes are offered by each single use virtual game in accordance with pre-generated single use virtual game tickets commanding the presentation of an offered prize or non-offered prize. Some embodiments of the present invention deliver branded advertising to consumers participating in game play. In these embodiments, virtual game elements comprise branded advertising impressions as part of the interactive virtual game.Type: GrantFiled: June 12, 2009Date of Patent: December 3, 2013Assignee: Zylo Media, LLCInventors: Robert Bruce, Colin Snyder
-
Publication number: 20130310137Abstract: Examples disclosed herein relate to systems and methods, which may receive primary wagers on a first payline and a second payline. The systems and methods may receive one or more secondary wagers on one or more selected paylines. The selected paylines may be based on data received from a player. The systems and methods may determine a selected paylines payout based on the one or more selected paylines.Type: ApplicationFiled: May 18, 2012Publication date: November 21, 2013Applicant: CADILLAC JACKInventors: Steven Joseph Tongate, Brendan Michael Mullins
-
Patent number: 8585496Abstract: A method for conducting pari-mutuel wagering on an multi-action event, comprising the steps of providing at least one wagering computing system for ranking of participants in the event; establishing preliminary odds of winning a wager, based in part upon the rankings, for a plurality of individual actions of the multi-action event; accepting wagers for each of the plurality of individual actions; pooling respective wagers for each of the plurality of individual actions into a respective action-specific pool; calculating, using the wagering computing system, final odds of winning each of the plurality of individual actions using the action-specific pool; and paying winnings as determined by the final odds to one or more bettors who wagered a correct outcome for each of the plurality of individual actions.Type: GrantFiled: August 2, 2012Date of Patent: November 19, 2013Inventors: Nicholas Demino, Timothy Neary
-
Patent number: 8562406Abstract: A method of allocating poker pots based on the true odds of winning the hand. The pot allocation is at the election of the two or more players involved in the hand after no more bets are possible (i.e., one or more players all in). Once no more bets are possible, the two or more players may elect to allocate the pot based on the true odds of each player winning the pot. The house or game operator may charge a fee in order for players to utilize the pot allocation option. In one version, players may allocate a percentage of the pot and play the hand out for the remaining percentage. In yet another version, if one player declines the pot allocation option, the house or operator may buy the player's hand and play it out. In yet another version, the pot allocation option may be offered to players multiple times during a poker game with the true odds changing based on newly displayed/dealt cards.Type: GrantFiled: February 13, 2013Date of Patent: October 22, 2013Assignee: Tru Odds Poker, LLCInventors: James Suttle, Jon Rosenberg
-
Patent number: 8556711Abstract: A method for wagering may include accepting bets for wagered sums from a plurality of bettors based on each bettor's selected expected outcome of a pari-mutuel event and assigning one or more of a predetermined quantity of randomly generated numbers to each bettor's bet. A portion of the wagered sums may be assigned to a jackpot pool. Event-winning bettors may be paid a calculated pari-mutuel sum after the event if the bettor's selected outcome occurs. A drawing may be conducted from among the predetermined quantity of randomly generated numbers. At least a portion of the jackpot may be paid to any one of the event-winning bettors if there is a match between a drawn number and one of the randomly generated numbers of the event-winning bettor; and if not, carrying over the jackpot to a subsequent event thereby increasing the value of the potential wager to the bettor.Type: GrantFiled: September 29, 2011Date of Patent: October 15, 2013Inventor: David Bernsen
-
Patent number: 8545311Abstract: A method and system for micro-betting. Video of one or more portions of one or more macro-events can be displayed via a display screen associated with a remote computing device. One or more potential micro-outcomes can be identified within the event or events. Multiple and parimutuel betting options can be generated with respect to varying micro-outcomes within or part of the macro-event(s). Then, one or more micro-bets among the multiple and parimutuel betting options with respect to the micro-outcome(s) can be placed via the remote computing device in communication with a data network. The micro-bet(s) can be transmitted from the remote computing device for placement via one or more servers in communication with the data network. Additionally, data indicative of the multiple and parimutuel betting options can be displayed via the display screen of the remote computing device in association with the video of the event or events displayed via the display screen.Type: GrantFiled: November 11, 2010Date of Patent: October 1, 2013Inventors: Michael W. Shore, Alfonso G. Chan, Luis M. Ortiz, Kermit D. Lopez
-
Patent number: 8545315Abstract: A player accesses a game terminal, which is networked to other game terminals configured to play standard games and game-in-games. The player initiates a standard game (e.g., lottery slot) on the game terminal. The game terminal receives a game initiation request for the standard game and starts a timer. Prior to expiration of the timer, the player may perform a predefined action (e.g., pressing a spin button) indicating that the player wishes to play a game-in-game (e.g., a “community prize” game). If the timer expires without the player performing the predefined action, (s)he is deemed ineligible to win an award associated with the game-in-game. However, in response to player performing the predefined action prior to the timer's expiration, the player is deemed eligible to win an award associated with the game-in-game, and the player participates in both the game and the game-in-game.Type: GrantFiled: March 20, 2012Date of Patent: October 1, 2013Assignee: Gateway Gaming, LLCInventors: Bob Mosley, Troy Jungmann
-
Patent number: 8545316Abstract: In various embodiments, the gaming system and method disclosed herein maintains a progressive award that is associated with a plurality of different progressive award trigger values or progressive award hit values. In such embodiments, the displayed value of the progressive award does not reset to a reset value or reset amount until the displayed value of that progressive award has incremented to each of the plurality of progressive award hit values associated with that progressive award. In these embodiments, the gaming system provides a plurality of displayed incremented values of a progressive award a plurality of times before the displayed value of that progressive award is reset to the reset value. Such a configuration provides that after the gaming system provides a currently displayed value of a progressive award to a player at least a first time, the displayed value of that progressive award continues incrementing from the provided value.Type: GrantFiled: March 28, 2012Date of Patent: October 1, 2013Assignee: IGTInventors: Jason P. Pawloski, Rogelio S. Decasa, William K. Hughes, Eric S. Boese, Jeffrey D. Urmston
-
Patent number: 8545317Abstract: A secondary game system, in various embodiments, comprises a system of networked game terminals where a player playing a game on a game terminal can earn eligibility to win a prize from a secondary game that plays simultaneously in the background. The secondary game may be triggered based on play on the plurality of networked terminals. This allows the player to play a first game that earns them eligibility to win another game that is played in the background. The player sends a game initiation request for a game (e.g., lottery slot) to be played on the game terminal. If a certain criterion is satisfied, the player becomes eligible to win a prize from the secondary game if the secondary game is triggered while the player is eligible to win.Type: GrantFiled: September 14, 2012Date of Patent: October 1, 2013Assignee: Gateway Systems, LLCInventors: Bob Mosley, Troy Jungmann
-
Patent number: 8535144Abstract: Described herein are various systems and methods for providing gaming activities. These particularly relate to “fixed-odds” type gaming activities whereby a player places a bet in relation to an event outcome on the basis of a payout ratio and, in the case that the event outcome is identified as a winning outcome, the player is awarded a prize based on the entry fee and the payout ratio. In overview, the present embodiments focus on situations wherein the player is additionally eligible to receive a secondary prize that is indeterminate at the point in time the bet is placed. The nature and purpose of this secondary prize varies between embodiments. For example, in some embodiments the secondary prize effectively provides a winning player with a more advantageous payout ratio, in some embodiments the secondary prize allows the player to participate in a secondary game.Type: GrantFiled: June 4, 2007Date of Patent: September 17, 2013Assignee: G5 Enterprizes Pty Ltd.Inventor: Marc Amour
-
Patent number: 8538563Abstract: Systems and methods for providing to a user the ability to use a fantasy sports contest application to access fantasy sports contests and wagering opportunities are presented. In some embodiments of the present invention, the fantasy sports contest application may provide to the user the ability to place a wager based on the user's performance in a fantasy sports contest. In some embodiments of the present invention, the fantasy sports contest may provide to the user the ability to place a wager based on a real-life sporting event that is related to a fantasy sports contest in which the user participates. The fantasy sports contest application may provide to the user the ability to place a wager for money, fantasy sports contest points, non-cash prizes and points redeemable for prizes.Type: GrantFiled: August 30, 2002Date of Patent: September 17, 2013Assignee: United Video Properties, Inc.Inventor: David Barber
-
Patent number: 8529337Abstract: An enhanced parimutuel platform allows for the combination of multiple and single event wagers within a single pool, while maintaining payouts for the single event wagers that are independent of the multiple events. The enhanced parimutuel platform also allows for uniform payouts for wagers having a different number of outcomes for a single event, such as moneyline and point spread wagers.Type: GrantFiled: October 15, 2010Date of Patent: September 10, 2013Assignee: Longitude LLCInventor: Scott Shechtman