CA2481554A1 - Method and apparatus for wagering on a random chance event - Google Patents
Method and apparatus for wagering on a random chance event Download PDFInfo
- Publication number
- CA2481554A1 CA2481554A1 CA002481554A CA2481554A CA2481554A1 CA 2481554 A1 CA2481554 A1 CA 2481554A1 CA 002481554 A CA002481554 A CA 002481554A 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
Links
- 230000003466 anti-cipated effect Effects 0.000 abstract 2
Classifications
-
- G—PHYSICS
- G07—CHECKING-DEVICES
- G07F—COIN-FREED OR LIKE APPARATUS
- G07F17/00—Coin-freed apparatus for hiring articles; Coin-freed facilities or services
- G07F17/32—Coin-freed apparatus for hiring articles; Coin-freed facilities or services for games, toys, sports, or amusements
- G07F17/326—Game play aspects of gaming systems
- G07F17/3262—Player actions which determine the course of the game, e.g. selecting a prize to be won, outcome to be achieved, game to be played
-
- G—PHYSICS
- G07—CHECKING-DEVICES
- G07F—COIN-FREED OR LIKE APPARATUS
- G07F17/00—Coin-freed apparatus for hiring articles; Coin-freed facilities or services
- G07F17/32—Coin-freed apparatus for hiring articles; Coin-freed facilities or services for games, toys, sports, or amusements
Landscapes
- Physics & Mathematics (AREA)
- General Physics & Mathematics (AREA)
- Management, Administration, Business Operations System, And Electronic Commerce (AREA)
- Coin-Freed Apparatuses For Hiring Articles (AREA)
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.
Applications Claiming Priority (2)
Application Number | Priority Date | Filing Date | Title |
---|---|---|---|
US26339601P | 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 |
---|---|---|---|
CA002481554A 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) |
Cited By (2)
Publication number | Priority date | Publication date | Assignee | Title |
---|---|---|---|---|
CN110471644A (en) * | 2019-08-12 | 2019-11-19 | 北京中创为量子通信技术有限公司 | Post-processing approach, device and the quantum random number generator of quantum random number |
US20200082673A1 (en) * | 2018-09-06 | 2020-03-12 | Howard Schultz | Coin Toss Gaming Machine |
Families Citing this family (31)
Publication number | Priority date | Publication date | Assignee | Title |
---|---|---|---|---|
US7485040B2 (en) * | 1996-12-18 | 2009-02-03 | Walker Digital, Llc | Methods and apparatus for advertising in gaming device |
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 |
US7874914B2 (en) * | 1996-12-30 | 2011-01-25 | Igt | System and method for communicating game session information |
US8172671B2 (en) * | 2002-04-19 | 2012-05-08 | Walker Digital, Llc | Method and apparatus for facilitating play of a gaming device |
AU2003228616A1 (en) * | 2002-04-19 | 2003-11-03 | Walker Digital, Llc | Method for employing flat rate play |
AU2003231066A1 (en) | 2002-04-22 | 2003-11-03 | Walker Digital, Llc | Gaming method and apparatus for employing negative outcomes |
US20060252518A1 (en) * | 2003-02-26 | 2006-11-09 | Walker Jay S | Method and apparatus for play of a game with negative outcomes |
WO2004076012A2 (en) | 2003-02-26 | 2004-09-10 | Walker Digital, Llc | Method and apparatus for play of a game with negative outcomes |
US20040176157A1 (en) * | 2003-03-04 | 2004-09-09 | Walker Jay S. | Method and apparatus for early termination of a game |
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 |
WO2006000050A1 (en) * | 2004-06-25 | 2006-01-05 | 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 |
US7890365B2 (en) * | 2005-01-25 | 2011-02-15 | Igt | Method of leasing a gaming machine for a flat fee amount |
US7666090B2 (en) * | 2005-01-25 | 2010-02-23 | Igt | Method of leasing a gaming machine for a percentage of a net win amount |
US7908169B2 (en) * | 2005-01-25 | 2011-03-15 | Igt | Method of leasing a gaming machine for a percentage of a total coin-in 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 |
US20090197668A1 (en) * | 2008-01-21 | 2009-08-06 | Aristocrat Technologies Australia Pty Limited | Method of gaming, a game controller and a gaming system |
AU2012202862B2 (en) * | 2008-01-21 | 2015-07-23 | Aristocrat Technologies Australia Pty Limited | A method of gaming, a game controller and a gaming system |
US20090253478A1 (en) * | 2008-04-04 | 2009-10-08 | Walker Jay S | Group session play |
US20110190045A1 (en) * | 2008-06-16 | 2011-08-04 | 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 |
EP2739368A4 (en) | 2011-08-04 | 2015-04-29 | Zvi Minkovitch | Method, system and apparatus for managing a football match |
US20140141874A1 (en) * | 2012-11-19 | 2014-05-22 | Cfph, Llc | Amusement devices and games involving progressive jackpots |
US9889367B2 (en) | 2013-03-18 | 2018-02-13 | Zvi Minkovitch | Sports match refereeing system |
Family Cites Families (16)
Publication number | Priority date | Publication date | Assignee | Title |
---|---|---|---|---|
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 |
US6609969B1 (en) * | 1999-09-13 | 2003-08-26 | Sierra Design Group | Apparatus and method for dispensing of awards |
US6843720B2 (en) * | 1999-09-13 | 2005-01-18 | Sierra Design Group | Apparatus and method for dispensing prizes |
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 |
-
2002
- 2002-01-22 WO PCT/US2002/001728 patent/WO2002056981A2/en not_active Application Discontinuation
- 2002-01-22 AU AU2002241938A patent/AU2002241938A1/en not_active Abandoned
- 2002-01-22 CA CA002481554A patent/CA2481554A1/en active Pending
- 2002-01-22 US US10/055,805 patent/US20030027629A1/en not_active Abandoned
- 2002-01-22 EP EP02707537A patent/EP1363711A2/en not_active Withdrawn
Cited By (4)
Publication number | Priority date | Publication date | Assignee | Title |
---|---|---|---|---|
US20200082673A1 (en) * | 2018-09-06 | 2020-03-12 | Howard Schultz | Coin Toss Gaming Machine |
US10713898B2 (en) * | 2018-09-06 | 2020-07-14 | Howard Schultz | Coin toss gaming machine |
CN110471644A (en) * | 2019-08-12 | 2019-11-19 | 北京中创为量子通信技术有限公司 | Post-processing approach, device and the quantum random number generator of quantum random number |
CN110471644B (en) * | 2019-08-12 | 2021-10-22 | 北京中创为量子通信技术有限公司 | Post-processing method and device for quantum random number and quantum random number generator |
Also Published As
Publication number | Publication date |
---|---|
WO2002056981A3 (en) | 2003-03-13 |
WO2002056981A2 (en) | 2002-07-25 |
AU2002241938A1 (en) | 2002-07-30 |
US20030027629A1 (en) | 2003-02-06 |
EP1363711A2 (en) | 2003-11-26 |
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