CA2481554A1 - Method and apparatus for wagering on a random chance event - Google Patents

Method and apparatus for wagering on a random chance event Download PDF

Info

Publication number
CA2481554A1
CA2481554A1 CA 2481554 CA2481554A CA2481554A1 CA 2481554 A1 CA2481554 A1 CA 2481554A1 CA 2481554 CA2481554 CA 2481554 CA 2481554 A CA2481554 A CA 2481554A CA 2481554 A1 CA2481554 A1 CA 2481554A1
Authority
CA
Canada
Prior art keywords
coin
player
gaming
simulated
final disposition
Prior art date
Legal status (The legal status is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the status listed.)
Pending
Application number
CA 2481554
Other languages
French (fr)
Inventor
Hugo Pimienta
Original Assignee
Technology Innovation Ltd
Priority date (The priority date is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the date listed.)
Filing date
Publication date
Priority to US26339601P priority Critical
Application filed by Technology Innovation Ltd filed Critical Technology Innovation Ltd
Priority to PCT/US2002/001728 priority patent/WO2002056981A2/en
Publication of CA2481554A1 publication Critical patent/CA2481554A1/en
Application status is Pending legal-status Critical

Links

Classifications

    • GPHYSICS
    • G07CHECKING-DEVICES
    • G07FCOIN-FREED OR LIKE APPARATUS
    • G07F17/00Coin-freed apparatus for hiring articles; Coin-freed facilities or services
    • G07F17/32Coin-freed apparatus for hiring articles; Coin-freed facilities or services for games, toys, sports or amusements, e.g. casino games, online gambling or betting
    • G07F17/326Game play aspects of gaming systems
    • G07F17/3262Player actions which determine the course of the game, e.g. selecting a prize to be won, outcome to be achieved, game to be played
    • GPHYSICS
    • G07CHECKING-DEVICES
    • G07FCOIN-FREED OR LIKE APPARATUS
    • G07F17/00Coin-freed apparatus for hiring articles; Coin-freed facilities or services
    • G07F17/32Coin-freed apparatus for hiring articles; Coin-freed facilities or services for games, toys, sports or amusements, e.g. casino games, online gambling or betting

Abstract

The invention comprises a gaming environment that enables players to wager o n the final disposition of a random chance event, such as the outcome of a simulated coin flip, the roll of a dice, or any other random chance event. T he player sets a wager (102), registers an anticipated prediction such as heads or tails of the simulated coin flip (104), and then initiates the flipping o f the coin via a gaming interface that is connected to a gaming engine (106). The player wins when the gaming engine determines that the registered anticipated outcome is the same as the final disposition of the coin (108). When the player wins the player receives an increase in the player's account balance equal to a certain percentage of the wagered amount minus any game f ee (112, 114, 116). In the event that the registered prediction differs from th e final disposition of the coin, the entire wagered amount is subtracted from the account balance (110). The random number generator provides players with odds akin to that of an actual coin flip. Thus, the odds of winning in accordance with one embodiment of the invention are mathematically fifty percent each time the user flips the simulated coin.
CA 2481554 2001-01-22 2002-01-22 Method and apparatus for wagering on a random chance event Pending CA2481554A1 (en)

Priority Applications (2)

Application Number Priority Date Filing Date Title
US26339601P true 2001-01-22 2001-01-22
PCT/US2002/001728 WO2002056981A2 (en) 2001-01-22 2002-01-22 Method and apparatus for wagering on a random chance event

Publications (1)

Publication Number Publication Date
CA2481554A1 true CA2481554A1 (en) 2002-07-25

Family

ID=23001611

Family Applications (1)

Application Number Title Priority Date Filing Date
CA 2481554 Pending CA2481554A1 (en) 2001-01-22 2002-01-22 Method and apparatus for wagering on a random chance event

Country Status (5)

Country Link
US (1) US20030027629A1 (en)
EP (1) EP1363711A2 (en)
AU (1) AU2002241938A1 (en)
CA (1) CA2481554A1 (en)
WO (1) WO2002056981A2 (en)

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* Cited by examiner, † Cited by third party
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US7485040B2 (en) * 1996-12-18 2009-02-03 Walker Digital, Llc Methods and apparatus for advertising in gaming device
US7874914B2 (en) * 1996-12-30 2011-01-25 Igt System and method for communicating game session information
US7140964B2 (en) * 1997-06-23 2006-11-28 Walker Digital, Llc Gaming device for a flat rate play session and a method of operating same
US8360857B2 (en) * 1997-06-23 2013-01-29 Igt Systems, methods and apparatus for facilitating a flat rate play session on a gaming device and example player interfaces to facilitate such
WO2003089086A1 (en) * 2002-04-19 2003-10-30 Walker Digital, Llc Method for employing flat rate play
US8172671B2 (en) * 2002-04-19 2012-05-08 Walker Digital, Llc Method and apparatus for facilitating play of a gaming device
US20040176157A1 (en) * 2003-03-04 2004-09-09 Walker Jay S. Method and apparatus for early termination of a game
US8070577B2 (en) * 2002-04-22 2011-12-06 Igt Gaming method and apparatus for employing negative outcomes
US7815503B2 (en) * 2003-02-26 2010-10-19 Igt Method and apparatus for play of a game with negative outcomes
US20060252518A1 (en) * 2003-02-26 2006-11-09 Walker Jay S Method and apparatus for play of a game with negative outcomes
US8182328B2 (en) * 2003-06-25 2012-05-22 Odom James M Method of lottery wagering on real-world events
US8574055B2 (en) 2003-06-25 2013-11-05 James M. Odom Method of lottery wagering on real-world events
US20050187019A1 (en) * 2004-02-20 2005-08-25 Rasmussen James M. Gaming machine with an electromechanical coin sound simulator
US7819747B2 (en) * 2004-05-07 2010-10-26 Gamelogic Inc. Method and apparatus for conducting a game of chance
AU2005256171C1 (en) * 2004-06-25 2010-07-29 Aristocrat Technologies Australia Pty Ltd Gaming machine screen partitioning
AU2005211594B2 (en) * 2004-09-29 2012-01-19 Universal Entertainment Corporation Gaming machine
US20060105839A1 (en) * 2004-11-15 2006-05-18 Delta Rangers, Inc. Casino game based on financial market activity
US7908169B2 (en) * 2005-01-25 2011-03-15 Igt Method of leasing a gaming machine for a percentage of a total coin-in amount
US7666090B2 (en) * 2005-01-25 2010-02-23 Igt Method of leasing a gaming machine for a percentage of a net win amount
US7890365B2 (en) * 2005-01-25 2011-02-15 Igt Method of leasing a gaming machine for a flat fee amount
US20060247047A1 (en) * 2005-04-14 2006-11-02 Mitchell Michael J Universal button module
US20080045329A1 (en) * 2006-08-10 2008-02-21 Wilson Tammy L Method of using a win enhancer requiring player involvement
AU2012202862B2 (en) * 2008-01-21 2015-07-23 Aristocrat Technologies Australia Pty Limited A method of gaming, a game controller and a gaming system
US20090197668A1 (en) * 2008-01-21 2009-08-06 Aristocrat Technologies Australia Pty Limited Method of gaming, a game controller and a gaming system
US20090253478A1 (en) * 2008-04-04 2009-10-08 Walker Jay S Group session play
WO2009152828A1 (en) * 2008-06-16 2009-12-23 Neurosoft S.A. System and method to improve risk management in fixed odds sports betting
US8157643B1 (en) * 2009-05-06 2012-04-17 Toan Phan Digital gaming chip counter
US20110165541A1 (en) * 2010-01-02 2011-07-07 Yong Liu Reviewing a word in the playback of audio data
BR112014002754A2 (en) 2011-08-04 2017-02-21 Minkovitch Zvi method, system and apparatus for managing a football match
TW201906649A (en) * 2012-11-19 2019-02-16 美商Cfph有限責任公司 It relates to the entertainment apparatus and a method of progressive jackpot
US9889367B2 (en) 2013-03-18 2018-02-13 Zvi Minkovitch Sports match refereeing system

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US4688803A (en) * 1984-06-25 1987-08-25 Ollington Robert F Casino game table and dice
US5098107A (en) * 1991-03-11 1992-03-24 Bet Technology Inc. Method and apparatus for playing a wagering game
US5154420A (en) * 1991-12-13 1992-10-13 Gutknecht Leroy H Game apparatus
US5354069A (en) * 1992-01-21 1994-10-11 Ahbrew Company Lottery emulation system
US7937312B1 (en) * 1995-04-26 2011-05-03 Ebay Inc. Facilitating electronic commerce transactions through binding offers
US5762552A (en) * 1995-12-05 1998-06-09 Vt Tech Corp. Interactive real-time network gaming system
US5816918A (en) * 1996-04-05 1998-10-06 Rlt Acquistion, Inc. Prize redemption system for games
US5779545A (en) * 1996-09-10 1998-07-14 International Game Technology Central random number generation for gaming system
US5830069A (en) * 1996-09-13 1998-11-03 Wango World Inc. Wide area networking gaming
US6916245B1 (en) * 1998-04-06 2005-07-12 Mikohn Gaming Corporation Method for wagering on baccarat tie
US6183361B1 (en) * 1998-06-05 2001-02-06 Leisure Time Technology, Inc. Finite and pari-mutual video keno
US6270078B1 (en) * 1999-02-16 2001-08-07 Anthony Leone Method of playing an improved version of the game of Pai Gow Poker
US6843720B2 (en) * 1999-09-13 2005-01-18 Sierra Design Group Apparatus and method for dispensing prizes
US6609969B1 (en) * 1999-09-13 2003-08-26 Sierra Design Group Apparatus and method for dispensing of awards
US6471207B1 (en) * 2000-02-02 2002-10-29 Odd's R Network, Inc. System and method for playing a game of knowledge and wagering
US6814665B2 (en) * 2000-10-17 2004-11-09 Atlantic City Coin & Slot Service Company, Inc. Gaming bonus device and method of use

Also Published As

Publication number Publication date
WO2002056981A3 (en) 2003-03-13
WO2002056981A2 (en) 2002-07-25
AU2002241938A1 (en) 2002-07-30
EP1363711A2 (en) 2003-11-26
US20030027629A1 (en) 2003-02-06

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