US20100062823A1 - Method and apparatus that control risk and uncertainty in a frequency priced raffle - Google Patents

Method and apparatus that control risk and uncertainty in a frequency priced raffle Download PDF

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Publication number
US20100062823A1
US20100062823A1 US12/250,270 US25027008A US2010062823A1 US 20100062823 A1 US20100062823 A1 US 20100062823A1 US 25027008 A US25027008 A US 25027008A US 2010062823 A1 US2010062823 A1 US 2010062823A1
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United States
Prior art keywords
probabilities
prize
based raffle
game
numbers
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.)
Abandoned
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US12/250,270
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English (en)
Inventor
Michael D. Frick
Current Assignee (The listed assignees may be inaccurate. Google has not performed a legal analysis and makes no representation or warranty as to the accuracy of the list.)
Integrated Group Assets Inc
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Individual
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 claimed from US12/206,376 external-priority patent/US20100062821A1/en
Application filed by Individual filed Critical Individual
Priority to PCT/US2008/079738 priority Critical patent/WO2010027372A1/fr
Priority to US12/250,270 priority patent/US20100062823A1/en
Priority to PCT/US2008/080567 priority patent/WO2010027373A1/fr
Priority to US12/254,777 priority patent/US20100062824A1/en
Priority to PCT/US2008/081225 priority patent/WO2010027374A1/fr
Priority to US12/258,373 priority patent/US20100062825A1/en
Assigned to INTEGRATED GROUP ASSETS INC. reassignment INTEGRATED GROUP ASSETS INC. ASSIGNMENT OF ASSIGNORS INTEREST (SEE DOCUMENT FOR DETAILS). Assignors: FRICK, MICHAEL D.
Priority to PCT/US2009/055946 priority patent/WO2010028188A1/fr
Publication of US20100062823A1 publication Critical patent/US20100062823A1/en
Priority to US13/473,573 priority patent/US20120299241A1/en
Abandoned legal-status Critical Current

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    • 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
    • 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
    • G07F17/3286—Type of games
    • G07F17/329—Regular and instant lottery, e.g. electronic scratch cards

Definitions

  • This disclosure generally relates to the field of gaming. More particularly, the disclosure relates to a raffle game.
  • Traditional raffle games carry a financial risk related to marketing factors. If enough raffle tickets are not sold to cover the fixed prize costs in a traditional raffle game, profits may be much lower than expected.
  • the traditional raffle game may produce a net loss if tickets sales volume is not enough to cover costs. In other words, if enough tickets are not sold, the cost of running the game can exceed revenues generated from ticket sales.
  • the quantity of total tickets or raffle units available may be one million. Further, the costs of the ticket or raffle unit may be ten dollars.
  • a prize structure may provided that, irrespective of ticket sales, two tickets or raffle units are a match for a one million dollar prize, ten tickets or raffle units are a match for a one hundred thousand dollar prize, one hundred tickets or raffle units are a match for a ten thousand dollar prize, one thousand tickets or raffle units are a match for a one thousand dollar prize, and ten thousand tickets or raffle units are a match for a one hundred dollar prize.
  • the total cost for the prizes is six million dollars.
  • the cost of the prizes alone would require that a minimum of sixty percent of all available tickets or raffle units, i.e., six million dollars is sixty percent of ten million dollars, be sold in order to avoid a net loss.
  • lotteries need to sell a significantly high percentage of available tickets to provide a raffle game that offers substantial prizes and avoids the risk of a net loss. This requisite high percentage has prevented significant growth of the raffle game product segment.
  • a process is provided.
  • the process generates a predetermined number of unique sub-combinations of a set of game numbers. Each of the sub-combinations having the same quantity of numbers. Further, the process prints a set of probabilities-based raffle tickets for a probabilities-based raffle game such that each of the probabilities-based raffle tickets in the set of probabilities-based raffle tickets distinctly corresponds to one of the unique sub-combinations of the set of game numbers.
  • the process indicates a first price category and a second price category from which one or more probabilities-based raffle tickets can be purchased such that (i) the first price category corresponds to a first predetermined known quantity of one or more probabilities-based raffle tickets and the second price category corresponds to a second predetermined known quantity of one or more probabilities-based raffle tickets and (ii) a ratio of the second price category to the second predetermined quantity of one or more probabilities-based raffle tickets is less than a ratio of the first price category to the first predetermined quantity of one or more probabilities-based raffle tickets.
  • the process also indicates a maximum prize that is won by a player having a probabilities-based raffle ticket with a full match.
  • the process indicates a secondary prize that is won by a player having a probabilities-based raffle ticket with a partial match.
  • the process provides at least a subset of the set of probabilities-based raffle tickets to a plurality of players in the probabilities-based raffle game.
  • the process also randomly selects a single subset of the set of game numbers that has the same quantity of numbers as each of the sub-combinations.
  • the process provides the maximum prize to a player if the player has a probabilities-based raffle ticket with a full match between the unique sub-combination corresponding to the probabilities-based raffle ticket and the single subset of the set of game numbers that is selected.
  • the process provides the secondary prize to a player if the player has a probabilities-based raffle ticket with a partial match between the unique sub-combination corresponding to the probabilities-based raffle ticket and the single subset of the set of game numbers that is selected.
  • a process in another aspect of the disclosure, is provided.
  • the process generates a predetermined number of unique sub-combinations of a set of game numbers. Each of the sub-combinations having the same quantity of numbers. Further, the process prints a set of probabilities-based raffle tickets for a probabilities-based raffle game such that each of the probabilities-based raffle tickets in the set of probabilities-based raffle tickets distinctly corresponds to one of the unique sub-combinations of the set of game numbers.
  • the process also indicates a maximum prize that is won by a player having a probabilities-based raffle ticket with a full match. Further, the process indicates a secondary prize that is a pari-mutuel based prize based on a predetermined portion of ticket sales.
  • the secondary prize is won by a player having a probabilities-based raffle ticket with a partial match.
  • the process provides at least a subset of the set of probabilities-based raffle tickets to a plurality of players in the probabilities-based raffle game.
  • the process also randomly selects a single subset of the set of game numbers that has the same quantity of numbers as each of the sub-combinations.
  • the process provides the maximum prize to a player if the player has a probabilities-based raffle ticket with a full match between the unique sub-combination corresponding to the probabilities-based raffle ticket and the single subset of the set of game numbers that is selected.
  • the process provides the secondary prize to a player if the player has a probabilities-based raffle ticket with a partial match between the unique sub-combination corresponding to the probabilities-based raffle ticket and the single subset of the set of game numbers that is selected.
  • a process is provided.
  • the process generates a predetermined number of unique sub-combinations of a set of game numbers. Each of the sub-combinations having the same quantity of numbers. Further, the process prints a set of probabilities-based raffle tickets for a probabilities-based raffle game such that each of the probabilities-based raffle tickets in the set of probabilities-based raffle tickets distinctly corresponds to one of the unique sub-combinations of the set of game numbers.
  • the process also indicates a maximum prize that is won by a player having a probabilities-based raffle ticket with a full match. Further, the process indicates a secondary prize that is won by a player having a probabilities-based raffle ticket with a partial match.
  • the process provides at least a subset of the set of probabilities-based raffle tickets to a plurality of players in the probabilities-based raffle game.
  • the process also randomly selects a single subset of the set of game numbers that has the same quantity of numbers as each of the sub-combinations.
  • the process provides the maximum prize to a player if the player has a probabilities-based raffle ticket with a full match between the unique sub-combination corresponding to the probabilities-based raffle ticket and the single subset of the set of game numbers that is selected.
  • the process provides the secondary prize to a player if the player has a probabilities-based raffle ticket with a partial match between the unique sub-combination corresponding to the probabilities-based raffle ticket and the single subset of the set of game numbers that is selected.
  • the process randomly selects a second single subset of the set of games numbers, subsequent to the randomly selecting the first single subset of the set of game numbers, from the unique sub-combinations of the set of game numbers printed on the at least the subset of the set of probabilities-based raffle tickets provided to the plurality of players in the probabilities-based raffle game if (i) the first single subset of the set of game numbers is not printed on one of the at least the subset of the set of probabilities-based raffle tickets provided to the plurality of players in the probabilities-based raffle game and (ii) a predetermined percentage of tickets have been sold.
  • a system in another aspect of the disclosure, includes a sub-combination generation module that generates a predetermined number of unique sub-combinations of a set of game numbers. Each of the sub-combinations has the same quantity of numbers. Further, the system includes a printer that prints a set of probabilities-based raffle tickets for a probabilities-based raffle game such that each of the probabilities-based raffle tickets in the set of probabilities-based raffle tickets distinctly corresponds to one of the unique sub-combinations of the set of game numbers.
  • the system includes a price display module that indicates a first price category and a second price category from which one or more probabilities-based raffle tickets can be purchased such that (i) the first price category corresponds to a first predetermined known quantity of one or more probabilities-based raffle tickets and the second price category corresponds to a second predetermined known quantity of one or more probabilities-based raffle tickets and (ii) a ratio of the second price category to the second predetermined quantity of one or more probabilities-based raffle tickets is less than a ratio of the first price category to the first predetermined quantity of one or more probabilities-based raffle tickets.
  • the system also includes a prize display module that indicates a maximum prize that a single player having a probabilities-based raffle ticket with a full match wins and a secondary prize that each of a plurality of players having a probabilities-based raffle ticket with a partial match wins.
  • Each partial match is distinct and having a same quantity of numbers matched.
  • the system includes a ticket distribution module that provides at least a subset of the set of probabilities-based raffle tickets to a plurality of players in the probabilities-based raffle game.
  • the system includes a random selection module that randomly selects a single subset of the set of game numbers that has the same quantity of numbers as each of the sub-combinations.
  • the system also includes a maximum prize distribution module that provides the maximum prize to a single player if the single player has a probabilities-based raffle ticket with a full match between the unique sub-combination corresponding to the probabilities-based raffle ticket and the single subset of the set of game numbers that is selected.
  • the system includes a secondary prize distribution module that provides the secondary prize to each of a plurality of players if the plurality of players each has a probabilities-based raffle ticket with a partial match between the unique sub-combination corresponding to the probabilities-based raffle ticket and the single subset of the set of game numbers that is selected.
  • a system in yet another aspect of the disclosure, includes a sub-combination generation module that generates a predetermined number of unique sub-combinations of a set of game numbers. Each of the sub-combinations has the same quantity of numbers. Further, the system includes a printer that prints a set of probabilities-based raffle tickets for a probabilities-based raffle game such that each of the probabilities-based raffle tickets in the set of probabilities-based raffle tickets distinctly corresponds to one of the unique sub-combinations of the set of game numbers.
  • the system also includes a prize display module that indicates a maximum prize that a single player having a probabilities-based raffle ticket with a full match wins and a secondary prize and a secondary prize that is a pari-mutuel based prize based on a predetermined portion of ticket sales.
  • the secondary prize is won by a player having a probabilities-based raffle ticket with a partial match.
  • Each partial match is distinct and having a same quantity of numbers matched.
  • Each partial match is distinct and has a same quantity of numbers matched.
  • the system includes a ticket distribution module that provides at least a subset of the set of probabilities-based raffle tickets to a plurality of players in the probabilities-based raffle game.
  • the system includes a random selection module that randomly selects a single subset of the set of game numbers that has the same quantity of numbers as each of the sub-combinations.
  • the system also includes a maximum prize distribution module that provides the maximum prize to a single player if the single player has a probabilities-based raffle ticket with a full match between the unique sub-combination corresponding to the probabilities-based raffle ticket and the single subset of the set of game numbers that is selected.
  • the system includes a secondary prize distribution module that provides the secondary prize to each of a plurality of players if the plurality of players each has a probabilities-based raffle ticket with a partial match between the unique sub-combination corresponding to the probabilities-based raffle ticket and the single subset of the set of game numbers that is selected.
  • a system in another aspect of the disclosure, includes a sub-combination generation module that generates a predetermined number of unique sub-combinations of a set of game numbers. Each of the sub-combinations has the same quantity of numbers. Further, the system includes a printer that prints a set of probabilities-based raffle tickets for a probabilities-based raffle game such that each of the probabilities-based raffle tickets in the set of probabilities-based raffle tickets distinctly corresponds to one of the unique sub-combinations of the set of game numbers.
  • the system also includes a prize display module that indicates a maximum prize that a single player having a probabilities-based raffle ticket with a full match wins and a secondary prize that each of a plurality of players having a probabilities-based raffle ticket with a partial match wins. Each partial match is distinct and having a same quantity of numbers matched. Further, the system includes a ticket distribution module that provides at least a subset of the set of probabilities-based raffle tickets to a plurality of players in the probabilities-based raffle game.
  • the system includes a random selection module that randomly selects a single subset of the set of game numbers that has the same quantity of numbers as each of the sub-combinations and randomly selects a second single subset of the set of games numbers, subsequent to the randomly selecting the first single subset of the set of game numbers, from the unique sub-combinations of the set of game numbers printed on the at least the subset of the set of probabilities-based raffle tickets provided to the plurality of players in the probabilities-based raffle game if (i) the first single subset of the set of game numbers is not printed on one of the at least the subset of the set of probabilities-based raffle tickets provided to the plurality of players in the probabilities-based raffle game and (ii) a predetermined percentage of tickets have been sold.
  • the system also includes a maximum prize distribution module that provides the maximum prize to a single player if the single player has a probabilities-based raffle ticket with a full match between the unique sub-combination corresponding to the probabilities-based raffle ticket and the single subset of the set of game numbers that is selected.
  • the system includes a secondary prize distribution module that provides the secondary prize to each of a plurality of players if the plurality of players each has a probabilities-based raffle ticket with a partial match between the unique sub-combination corresponding to the probabilities-based raffle ticket and the single subset of the set of game numbers that is selected.
  • a process in another aspect of the disclosure, is provided.
  • the process generates a predetermined number of unique sub-combinations of a set of game numbers. Each of the sub-combinations having the same quantity of numbers. Further, the process prints a set of probabilities-based raffle tickets for a probabilities-based raffle game such that each of the probabilities-based raffle tickets in the set of probabilities-based raffle tickets distinctly corresponds to one of the unique sub-combinations of the set of game numbers.
  • the process also indicates a maximum prize that is won by a player having a probabilities-based raffle ticket with a full match. Further, the process indicates an estimate of a secondary prize. The secondary prize is pari-mutuel based.
  • the secondary prize is won by a player having a probabilities-based raffle ticket with a partial match.
  • the process provides at least a subset of the set of probabilities-based raffle tickets to a plurality of players in the probabilities-based raffle game.
  • the process also randomly selects a single subset of the set of game numbers that has the same quantity of numbers as each of the sub-combinations.
  • the process provides the maximum prize to a player if the player has a probabilities-based raffle ticket with a full match between the unique sub-combination corresponding to the probabilities-based raffle ticket and the single subset of the set of game numbers that is selected.
  • the process provides the secondary prize to a player if the player has a probabilities-based raffle ticket with a partial match between the unique sub-combination corresponding to the probabilities-based raffle ticket and the single subset of the set of game numbers that is selected.
  • FIG. 1 illustrates a probabilities-based raffle prize structure.
  • FIG. 2 illustrates a probabilities-based raffle prize structure that is an alternative configuration of the probabilities-based raffle prize structure illustrated in FIG. 1 .
  • FIG. 3 illustrates a process that may be utilized to provide a probabilities-based raffle game.
  • FIG. 4 illustrates a block diagram of a station or system that composes and provides a probabilities-based raffle game.
  • FIG. 5 illustrates a frequency priced display.
  • the frequency price display includes a price field and a predetermined quantity field.
  • FIG. 6 illustrates a process that may be utilized in a frequency based raffle.
  • FIG. 7 illustrates a process that may be utilized with a pari-mutuel based secondary prize.
  • FIG. 8 illustrates a process that may be utilized to provide a subsequent random selection.
  • FIG. 9 illustrates a process that may be utilized as an alternative to the process illustrated in FIG. 7
  • a method and apparatus are disclosed that provide a probabilities-based prize structure in a raffle game.
  • the probabilities-based prize structure provides a known universe of prizes that would be awarded if all raffle tickets are sold. However, the awarding of prizes and the number of prizes is randomly determined based upon probabilities and odds regardless of the volume of tickets or units sold.
  • the raffle game would not provide for sharing of a prize in the event of multiple winners.
  • the raffle game would not allow for rollovers, i.e., prizes amounts that have not been won in a particular drawing are not available for subsequent drawings.
  • FIG. 1 illustrates a probabilities-based raffle prize structure 100 .
  • the ticket price 102 for a probabilities-based raffle ticket may be fifty dollars.
  • a payout table 104 indicates the various prizes corresponding to particular types of matches between a set of player numbers appearing on a probabilities-based raffle ticket and a set of game numbers drawn in a drawing.
  • a match field 106 indicates the different types of matches. For example, the match field 106 indicates a six of six match 108 , a five of six match 110 , a four of six match 112 , a three of six match 114 , and a two of six match 116 .
  • a number of tickets 118 is indicated for each of the matches.
  • a six of six number of ticket field 122 indicates that one hundred tickets out of all the available tickets, e.g., two hundred one million three hundred fifty nine five hundred fifty tickets, have a winning six of six match.
  • a five of six number of tickets field 124 indicates that four hundred fourteen tickets out of all the available tickets, e.g., two hundred one million three hundred fifty nine five hundred fifty tickets, have a winning five of six match.
  • a four of six number of tickets field 124 indicates that thirty five thousand one hundred ninety tickets out of all the available tickets, e.g., two hundred one million three hundred fifty nine five hundred fifty tickets, have a winning four of six match.
  • a three of six number of tickets field 128 indicates that one million forty seven six hundred fifty six tickets out of all the available tickets, e.g., two hundred one million three hundred fifty nine five hundred fifty tickets, have a winning three of six match. Further, a two of six number of tickets field 130 indicates that twelve million nine hundred ninety thousand nine hundred thirty nine tickets out of all the available tickets, e.g., two hundred one million three hundred fifty nine five hundred fifty tickets, have a winning two of six match.
  • An odds field 130 is also displayed.
  • a six of six odds field 132 indicates that the odds of having a six of six match are one in two hundred one million three hundred fifty nine five hundred fifty.
  • a five of six odds field 134 indicates that the odds of having a five of six match are one in four hundred eighty six thousand three hundred seventy six.
  • a four of six odds field 136 indicates that the odds of having a four of six match are one in five thousand seven hundred twenty two.
  • a three of six odds field 138 indicates that the odds of having a three of six match are one in one hundred ninety two.
  • a two of six odds field 140 indicates that the odds of having a two of six match are one in sixteen.
  • a prize field is also displayed.
  • a six of six match prize field 144 indicates that a prize of one billion dollars is won for a full match of six of six.
  • a five of six match prize field 146 indicates that a secondary prize of one million dollars is won for a partial match of five of six. If all four hundred fourteen tickets with five of six matches are sold, the secondary prize of one million dollars is provided in its entirety to each individual player. In one embodiment, the entirety of the prize may be provided as an annuity over time, a cash lump sum, or a discounted cash lump sum.
  • a four of six match prize field 148 indicates that a prize of ten thousand dollars is won for a partial match of four of six.
  • a three of six match prize field 150 indicates that a prize of one thousand dollars is won for a partial match of three of six.
  • a two of six match prize field 152 indicates that a prize of one hundred dollars is won for a partial match of two of six.
  • the overall odds 154 of winning any type of prize may be displayed.
  • the overall odds 154 may be one in fourteen and thirty one tenths.
  • the probabilities-based raffle game randomly selects a winning ticket that may not have been sold. In other words, a typical raffle game selects a winning ticket from the tickets that are sold. As a result, all the prizes have to be paid out irrespective of whether ticket sales are enough for the payment of the prizes.
  • the probabilities-based raffle game provides all the prizes if all the probabilities-based raffle game tickets are sold. However, if all of the probabilities-based raffle game tickets are not sold, the probabilities-based raffle game may not provide all the prizes.
  • the probabilities-based raffle game randomly selects winning tickets from all possible tickets, not from all tickets sold. In one embodiment, the random selection may be implemented through a drawing of numbers.
  • a ball hopper may be utilized.
  • a hopper may have seventy five balls from which six balls are drawn to obtain the six numbers that are utilized to determine potential matches illustrated in FIG. 1 .
  • the drawing is a single drawing.
  • expected payout percentage is intended to indicate the expected payout of a prize category as a percentage of ticket sales.
  • the mathematically expected payout percentage can be derived for each prize category assuming all tickets are sold. For example, if all two hundred one million three hundred fifty nine five hundred fifty tickets are sold, the gross ticket sales equal ten billion sixty seven million nine hundred seventy seven thousand five hundred dollars. Therefore, the expected payout percentage for the maximum prize of one billion dollars, if paid as a cash lump sum prize, in the six of six match prize category equals nine and nine tenths percent.
  • an analysis may be performed according to different ticket sales intervals to assess risk. For example, the expected payout percentage for the maximum prize category can be determined on the assumption that only thirty percent of the available tickets are sold. As a result, an entity can determine the risk level of different potential ticket sales. The analysis may also be performed for secondary prize categories.
  • a secure process of random ticket distribution is utilized. Accordingly, a change in ticket sales should not substantially change the expected payout percentage for the lower prize categories. In other words, the higher number of prizes and the lower prizes in the lower prize categories prevents a substantial change in expected payout percentage for a moderate or even somewhat significant change in the ticket sales.
  • the mathematically expected payout percentage can also be derived for a subset or all of the prize categories assuming all tickets are sold. Further, an analysis may be performed according to different ticket sales intervals to assess risk.
  • the probabilities-based prize structure 100 allows volume-sensitive ticket pricing to be utilized to provide appealing prizes based upon a mathematically expected minimum payout percentage.
  • the mathematically expected minimum payout creates a buffer for relatively low sales volumes. For example, a prize structure could be developed to allow for a fifty percent expected payout percentage if less than thirty percent of total tickets are sold. Similarly, a prize structure could be developed to permit a sixty five percent payout if less than twenty percent of all tickets are sold.
  • a percentage of ticket sales may be redistributed to the secondary prize categories. For example, if three quarters of the available tickets are sold without a six of six match, a percentage of the ticket sales can redistributed to increase the secondary prizes. As an example, the five of six match prize 146 may be increased to two million dollars. Accordingly, the secondary prizes are guaranteed minimums that may be increased based on ticket sales volume. In another embodiment, the secondary prizes may be increased even if the maximum prize is won.
  • FIG. 2 illustrates a probabilities-based raffle prize structure 200 that is an alternative configuration of the probabilities-based raffle prize structure 100 illustrated in FIG. 1 .
  • the probabilities-based raffle prize structure 200 may utilize a bonus ball (“BB”) in addition to regular balls.
  • BB bonus ball
  • six numbers are drawn, and then an additional BB is drawn.
  • that BB is simply one of the remaining balls, e.g., one of the remaining sixty nine balls out of seventy five balls in a hopper.
  • the BB is a ball drawn from a separate hopper.
  • the BB has a different indicia other than a number such as a color or a shape.
  • the probabilities-based raffle prize structure 200 has additional prizes for BB possibilities.
  • a five of six plus BB match field indicates a five of six plus BB match.
  • a five of six plus BB number of tickets field 204 indicates that six tickets have the winning five of six plus BB match.
  • a five of six plus BB match odds field 206 indicates that the odds of winning the five of six plus BB match prize are one in thirty three million five hundred fifty nine thousand five hundred fifty.
  • a five of six plus BB match prize field 208 indicates that a five of six plus BB match prize of five million dollars may be won with a partial match of five of six plus BB match.
  • a four of six plus BB match field 210 indicates a four of six plus BB match.
  • a four of six plus BB number of tickets field 212 indicates that one thousand twenty tickets have the winning four of six plus BB match.
  • a four of six plus BB match odds field 214 indicates that the odds of winning the four of six plus BB match prize are one in one hundred ninety seven thousand four hundred eleven.
  • a four of six plus BB match prize field 216 indicates that a four of six plus BB match prize of one hundred thousand dollars may be won with a partial match of five of six plus BB match.
  • the probabilities-based raffle game may be supplemented with instant prizes to deliver value to players in advance of the raffle drawing.
  • the instant prizes would be awarded at predetermined intervals or in predetermined quantities of tickets or defined subsets of tickets to be sold.
  • the instant prizes may be utilized with any of the processes or system described herein.
  • the probabilities-based raffle game may be supplemented with early bird prizes intended to deliver greater value to players who purchase tickets early in the sales cycle.
  • the additional early bird drawings could be conducted prior to the main raffle drawing.
  • Players who purchase tickets at the beginning of the sales cycle would have progressively more chances to win early bird prizes.
  • players who purchase tickets later in the sales cycle would have progressively fewer chances to win early bird prizes.
  • a unique identified or ticket number may be assigned to each unit sold for purposes of determining winners in the early bird drawings.
  • the early bird prizes may be utilized with any of the processes or system described herein.
  • the probabilities-based raffle game may include multiple prices for different portions of potential prize distributions. For example, a twenty five dollar ticket may allow a winner to win only forty percent of the six of six match prize 144 whereas a fifty dollar ticket may allow a winner to win one hundred percent of the six of six match prize 144 . Therefore, the player is incentivized to purchase a fifty dollar ticket rather than two twenty five dollar tickets as the fifty dollar ticket provides a higher prize than two twenty five dollar tickets.
  • the multiple pricing is directed towards price-volume discounts. For example, twenty five dollars may allow a player to purchase a single ticket whereas one hundred dollars may allow a player to purchase five tickets. Therefore, the player is incentivized to purchase five tickets for one hundred dollars rather than four individual tickets as the five tickets provide more opportunities to win a prize than four individual tickets for the same total price of one hundred dollars.
  • FIG. 3 illustrates a process 300 that may be utilized to provide a probabilities-based raffle game.
  • the process 300 generates a predetermined number of unique sub-combinations of a set of game numbers. Each of the sub-combinations has the same quantity of numbers.
  • the process 300 prints a set of probabilities-based raffle tickets for a probabilities-based raffle game such that each of the probabilities-based raffle tickets in the set of probabilities-based raffle tickets distinctly corresponds to one of the unique sub-combinations of the set of game numbers.
  • the process 300 indicates a maximum prize that a single player having a probabilities-based raffle ticket with a full match wins.
  • the process 300 also indicates a secondary prize that each of a plurality of players having a probabilities-based raffle ticket with a partial match wins. Each partial match is distinct and has a same quantity of numbers matched.
  • the process 300 also provides at least a subset of the set of probabilities-based raffle tickets to a plurality of players in the probabilities-based raffle game. Further, at a process block 312 , the process 300 randomly selects a single subset of the set of game numbers that has the same quantity of numbers as each of the sub-combinations.
  • the process 300 provides the maximum prize to a single player if the single player has a probabilities-based raffle ticket with a full match between the unique sub-combination corresponding to the probabilities-based raffle ticket and the single subset of the set of game numbers that is selected.
  • the process 300 also provides the secondary prize to each of a plurality of players if the plurality of players each has a probabilities-based raffle ticket with a partial match between the unique sub-combination corresponding to the probabilities-based raffle ticket and the single subset of the set of game numbers that is selected.
  • the process 300 also establishes, prior to the providing the at least the subset of the set of probabilities-based raffle tickets to the plurality of players in the probabilities-based raffle game, a predetermined percentage of tickets sales to be paid in prizes won for the probabilities-based raffle game. For example, a lottery may determine that fifty percent of tickets sales have to be utilized for paying prizes. Accordingly, the process 300 may increase the secondary prize by an additional amount if the total percentage of actual ticket sales subtracted from the predetermined percentage of ticket sales results in a remainder. The additional amount is less than or equal to the remainder. In the example with the predetermined percentage of fifty percent, if the total percentage of actual ticket sales is only forty percent, a remainder of ten percent exists.
  • a portion or potentially all of that remainder may be utilized to increase the secondary prize. Further, that remainder may be split amongst multiple secondary prizes. In one configuration, the split within a prize category is even, but the split amongst different prize categories may be weighted.
  • the increase of the secondary prize by the percentage of ticket sales is effectuated prior to the random selection of the single subset of the set of game numbers that has the same quantity of numbers as each of the sub-combinations. In another embodiment, the increase of the secondary prize by the percentage of ticket sales is effectuated after the random selection of the single subset of the set of game numbers that has the same quantity of numbers as each of the sub-combinations.
  • non-payment of the maximum prize is a criterion for the increasing the secondary prize by the percentage of ticket sales. In the example, less than fifty percent of tickets would have to be sold and the maximum prize would not be won by any of the sold tickets in order for the secondary prize to be increased.
  • the process 300 randomly selects an unordered sub-combination of a set of game numbers. For example, if the drawn sub-combination is the set of six of seventy five numbers equaling ten, twenty, thirty, forty, fifty, and sixty, a ticket holder can have those numbers in any order and win the maximum prize.
  • the process 300 selects an ordered sub-combination of a set of game numbers. For example, one hundred million tickets may be distributed. The tickets may be numbered zero through ninety nine million nine hundred ninety nine thousand nine hundred ninety nine. Each of eight digits would have to be matched in the correct order to be a winning ticket. For example, if the selected winning number is thirty one million one hundred seventy thousand five hundred ninety one six hundred fifty eight, the maximum prize winner has each of the digits on the ticket in the same order as selected. In other words, the number thirty one million one hundred fifty thousand seven hundred ninety one six hundred fifty eight has the same numbers as the selected number, but in a different order and therefore does not win the maximum prize.
  • the secondary prizes are based on having a whole number after the beginning digits. For example, the number seventy one million one hundred seventy thousand five hundred ninety one six hundred fifty eight is a seven of eight match because the first digit was not a match, but the remaining seven digits were in the identical order positions of the digits in the selected number.
  • a predetermined percentage of tickets sales to be paid in prizes won for the probabilities-based raffle game may also be established. For example, fifty percent of ticket sales may have to be paid in prizes that are won.
  • the secondary prizes may be increased as described above if a remainder exists.
  • the process 300 utilizes a drawing for raffle prizes as a ratio of odds to units sold.
  • the number of secondary prizes actually distributed is based on the direct proportion of odds to units sold.
  • a winning ticket may not have to have an ordered match of drawn numbers. For example, if a raffle has one million tickets, the odds of winning the maximum prize are one in one million. That prize amount is static. However, the odds of winning a secondary prize with ten thousand tickets in the one million tickets may be one in one hundred. If only fifty percent of tickets are sold, then the number of prizes that are distributed is only five thousand, i.e., the total number of secondary prizes is divided in half. Even though the number of secondary prizes is reduced by this proportion, each of those secondary prizes may be increased by an additional amount of a remainder that may exist as described above. In one configuration, a winning ticket has to have an ordered match of drawn numbers.
  • maximum prize is defined herein to be the highest amount of a prize that may be won for an instant lottery game corresponding to an instant lottery ticket.
  • secondary prize is defined herein to be an amount of a prize less than the maximum that may be won for an instant lottery game corresponding to an instant lottery ticket.
  • the secondary prize may be a prize that is the next lowest prize amount after the maximum prize or may be a prize that has a lower amount than the maximum prize and other prizes.
  • the process 300 may be utilized for more a maximum prize and a plurality of different secondary prizes that each have different prize amounts.
  • the processes described herein may be implemented in a general, multi-purpose or single purpose processor. Such a processor will execute instructions, either at the assembly, compiled or machine-level, to perform the processes. Those instructions can be written by one of ordinary skill in the art following the description of the figures corresponding to the processes and stored or transmitted on a computer readable medium. The instructions may also be created using source code or any other known computer-aided design tool.
  • a computer readable medium may be any medium capable of carrying those instructions and include a CD-ROM, DVD, magnetic or other optical disc, tape, silicon memory (e.g., removable, non-removable, volatile or non-volatile), packetized or non-packetized data through wireline or wireless transmissions locally or remotely through a network.
  • a computer is herein intended to include any device that has a general, multi-purpose or single purpose processor as described above.
  • a computer may be a lottery terminal, a kiosk, a vending machine, a set top box (“STB”), cell phone, portable media player, or the like.
  • STB set top box
  • FIG. 4 illustrates a block diagram of a station or system 400 that composes and provides a probabilities-based raffle game.
  • the station or system 400 is implemented utilizing a general purpose computer or any other hardware equivalents.
  • the station or system 400 comprises a processor 410 , a memory 420 , e.g., random access memory (“RAM”) and/or read only memory (ROM), a probabilities-based raffle prize module 440 , and various input/output devices 430 , (e.g., audio/video outputs and audio/video inputs, storage devices, including but not limited to, a tape drive, a floppy drive, a hard disk drive or a compact disk drive, a receiver, a transmitter, a speaker, a display, an image capturing sensor, e.g., those used in a digital still camera or digital video camera, a clock, an output port, a user input device (such as a keyboard, a keypad, a mouse, and the like, or a microphone for capturing speech
  • the probabilities-based raffle prize module 440 may be implemented as one or more physical devices that are coupled to the processor 410 .
  • the probabilities-based raffle prize module 440 may include a plurality of modules.
  • the probabilities-based raffle prize module 440 may be represented by one or more software applications (or even a combination of software and hardware, e.g., using application specific integrated circuits (ASIC)), where the software is loaded from a storage medium, (e.g., a magnetic or optical drive, diskette, or non-volatile memory) and operated by the processor in the memory 420 of the computer.
  • ASIC application specific integrated circuits
  • the probabilities-based raffle prize module 440 (including associated data structures) of the present disclosure may be stored on a computer readable medium, e.g., RAM memory, magnetic or optical drive or diskette and the like.
  • FIG. 5 illustrates a frequency priced display 500 .
  • the frequency price display 500 includes a price field 502 and a predetermined quantity field 504 .
  • the price field 502 may include a first price category 506 and a second price category 508 .
  • the quantity field 504 may include a first predetermined quantity 510 that corresponds to the first price category 506 and a predetermined second quantity 512 that corresponds to the second price category 508 .
  • the first price category 506 may be fifty dollars and the first predetermined quantity 510 may be one ticket.
  • the second price category 508 may be one hundred dollars and the second predetermined quantity 512 may be three tickets. Accordingly, a ratio of the second price category to the second predetermined quantity of one or more probabilities-based raffle tickets is less than a ratio of the first price category to the first predetermined quantity of one or more probabilities-based raffle tickets. In other words, the ratio of one hundred dollars to three tickets is less than the ratio of fifty dollars to one ticket. As a result, a player is incentivized to purchase a group of three tickets for one hundred dollars rather than purchase three individual tickets separately for a total of one hundred fifty dollars.
  • FIG. 6 illustrates a process 600 that may be utilized in a frequency based raffle.
  • the process 600 generates a predetermined number of unique sub-combinations of a set of game numbers. Each of the sub-combinations having the same quantity of numbers.
  • process 600 prints a set of probabilities-based raffle tickets for a probabilities-based raffle game such that each of the probabilities-based raffle tickets in the set of probabilities-based raffle tickets distinctly corresponds to one of the unique sub-combinations of the set of game numbers.
  • the 600 process indicates a first price category and a second price category from which one or more probabilities-based raffle tickets can be purchased such that (i) the first price category corresponds to a first predetermined known quantity of one or more probabilities-based raffle tickets and the second price category corresponds to a second predetermined known quantity of one or more probabilities-based raffle tickets and (ii) a ratio of the second price category to the second predetermined quantity of one or more probabilities-based raffle tickets is less than a ratio of the first price category to the first predetermined quantity of one or more probabilities-based raffle tickets.
  • the process 600 also indicates a maximum prize that is won by a player having a probabilities-based raffle ticket with a full match.
  • the process indicates a secondary prize that is won by a player having a probabilities-based raffle ticket with a partial match.
  • the process 600 provides at least a subset of the set of probabilities-based raffle tickets to a plurality of players in the probabilities-based raffle game.
  • the process 600 also randomly selects a single subset of the set of game numbers that has the same quantity of numbers as each of the sub-combinations.
  • the process 600 provides the maximum prize to a player if the player has a probabilities-based raffle ticket with a full match between the unique sub-combination corresponding to the probabilities-based raffle ticket and the single subset of the set of game numbers that is selected.
  • the process 600 provides the secondary prize to a player if the player has a probabilities-based raffle ticket with a partial match between the unique sub-combination corresponding to the probabilities-based raffle ticket and the single subset of the set of game numbers that is selected.
  • the station or system 400 described herein may be utilized to implement the process 600 in a hardware configuration. Modules may be utilized to implement software and/or hardware components in the station or system 400 .
  • the secondary prize may be pari-mutuel based.
  • the secondary prize may be based on a portion of ticket sales.
  • an indication of the secondary prize may be an estimate.
  • the actual secondary prize that is distributed may be the exact estimate, less than the estimate, or greater than the estimate.
  • FIG. 7 illustrates a process 700 that may be utilized with a pari-mutuel based secondary prize.
  • the process 700 generates a predetermined number of unique sub-combinations of a set of game numbers. Each of the sub-combinations has the same quantity of numbers.
  • the process 700 prints a set of probabilities-based raffle tickets for a probabilities-based raffle game such that each of the probabilities-based raffle tickets in the set of probabilities-based raffle tickets distinctly corresponds to one of the unique sub-combinations of the set of game numbers.
  • the process 700 indicates a maximum prize that a single player having a probabilities-based raffle ticket with a full match wins.
  • the process 700 also indicates a secondary prize that is a pari-mutuel based prize based on a predetermined portion of ticket sales. The secondary prize is won by a player having a probabilities-based raffle ticket with a partial match.
  • the process 700 also provides at least a subset of the set of probabilities-based raffle tickets to a plurality of players in the probabilities-based raffle game.
  • the process 700 randomly selects a single subset of the set of game numbers that has the same quantity of numbers as each of the sub-combinations.
  • the process 700 provides the maximum prize to a single player if the single player has a probabilities-based raffle ticket with a full match between the unique sub-combination corresponding to the probabilities-based raffle ticket and the single subset of the set of game numbers that is selected.
  • the process 700 also provides the secondary prize to each of a plurality of players if the plurality of players each has a probabilities-based raffle ticket with a partial match between the unique sub-combination corresponding to the probabilities-based raffle ticket and the single subset of the set of game numbers that is selected.
  • the station or system 400 described herein may be utilized to implement the process 700 in a hardware configuration. Modules may be utilized to implement software and/or hardware components in the station or system 400 .
  • the maximum prize may not be won in an initial random selection such as an initial drawing. For example, if thirty percent of the tickets are sold, the ticket with the full match may potentially be in the seventy percent of the tickets that were not sold. In one embodiment, a subsequent random selection such as a subsequent drawing may be performed from the sets of numbers on the tickets that were sold to ensure a full match winner for the maximum prize.
  • FIG. 8 illustrates a process 800 that may be utilized to provide a subsequent random selection.
  • the process 800 generates a predetermined number of unique sub-combinations of a set of game numbers. Each of the sub-combinations has the same quantity of numbers.
  • the process 800 prints a set of probabilities-based raffle tickets for a probabilities-based raffle game such that each of the probabilities-based raffle tickets in the set of probabilities-based raffle tickets distinctly corresponds to one of the unique sub-combinations of the set of game numbers.
  • the process 800 indicates a maximum prize that a single player having a probabilities-based raffle ticket with a full match wins.
  • the process 800 also indicates a secondary prize that each of a plurality of players having a probabilities-based raffle ticket with a partial match wins. Each partial match is distinct and has a same quantity of numbers matched.
  • the process 800 establishes a predetermined percentage of tickets sales to be paid in prizes won for the probabilities-based raffle game.
  • the process 800 also provides at least a subset of the set of probabilities-based raffle tickets to a plurality of players in the probabilities-based raffle game. Further, at a process block 814 , the process 800 randomly selects a single subset of the set of game numbers that has the same quantity of numbers as each of the sub-combinations.
  • the process 800 provides the maximum prize to a single player if the single player has a probabilities-based raffle ticket with a full match between the unique sub-combination corresponding to the probabilities-based raffle ticket and the single subset of the set of game numbers that is selected.
  • the process 800 also provides the secondary prize to each of a plurality of players if the plurality of players each has a probabilities-based raffle ticket with a partial match between the unique sub-combination corresponding to the probabilities-based raffle ticket and the single subset of the set of game numbers that is selected.
  • the process 800 randomly selects a second single subset of the set of games numbers, subsequent to the randomly selecting the first single subset of the set of game numbers, from the unique sub-combinations of the set of game numbers printed on the at least the subset of the set of probabilities-based raffle tickets provided to the plurality of players in the probabilities-based raffle game if (i) the first single subset of the set of game numbers is not printed on one of the at least the subset of the set of probabilities-based raffle tickets provided to the plurality of players in the probabilities-based raffle game and (ii) a predetermined percentage of tickets have been sold.
  • the predetermined percentage of tickets that have to be sold is determined by meeting a lottery's profit criteria.
  • the station or system 400 described herein may be utilized to implement the process 800 in a hardware configuration. Modules may be utilized to implement software and/or hardware components in the station or system 400 .
  • FIG. 9 illustrates a process 900 that may be utilized as an alternative to the process 700 illustrated in FIG. 7 .
  • the process 900 generates a predetermined number of unique sub-combinations of a set of game numbers. Each of the sub-combinations has the same quantity of numbers.
  • the process 900 prints a set of probabilities-based raffle tickets for a probabilities-based raffle game such that each of the probabilities-based raffle tickets in the set of probabilities-based raffle tickets distinctly corresponds to one of the unique sub-combinations of the set of game numbers.
  • the process 900 indicates a maximum prize that a single player having a probabilities-based raffle ticket with a full match wins.
  • the process 900 also indicates an estimate of a secondary prize. The secondary prize is won by a player having a probabilities-based raffle ticket with a partial match.
  • the process 900 also provides at least a subset of the set of probabilities-based raffle tickets to a plurality of players in the probabilities-based raffle game. Further, at a process block 912 , the process 900 randomly selects a single subset of the set of game numbers that has the same quantity of numbers as each of the sub-combinations.
  • the process 900 provides the maximum prize to a single player if the single player has a probabilities-based raffle ticket with a full match between the unique sub-combination corresponding to the probabilities-based raffle ticket and the single subset of the set of game numbers that is selected.
  • the process 900 also provides the secondary prize to each of a plurality of players if the plurality of players each has a probabilities-based raffle ticket with a partial match between the unique sub-combination corresponding to the probabilities-based raffle ticket and the single subset of the set of game numbers that is selected.
  • the station or system 400 described herein may be utilized to implement the process 900 in a hardware configuration. Modules may be utilized to implement software and/or hardware components in the station or system 400 .

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PCT/US2008/079738 WO2010027372A1 (fr) 2008-09-08 2008-10-13 Procédé et appareil de contrôle de risque et d'incertitude dans un tirage au sort à prix en fréquence
US12/250,270 US20100062823A1 (en) 2008-09-08 2008-10-13 Method and apparatus that control risk and uncertainty in a frequency priced raffle
PCT/US2008/080567 WO2010027373A1 (fr) 2008-09-08 2008-10-20 Procédé et dispositif de contrôle de risque et d'incertitude dans un jeu de loterie de promotion à prix variable
US12/254,777 US20100062824A1 (en) 2008-09-08 2008-10-20 Method and apparatus that control risk and uncertainty in a variable priced promotional lottery game
US12/258,373 US20100062825A1 (en) 2008-09-08 2008-10-24 Method and apparatus that control risk and uncertainty in a promotional lottery game with a hybrid prize structure
PCT/US2008/081225 WO2010027374A1 (fr) 2008-09-08 2008-10-24 Procédé et appareil contrôlant le risque et l’incertitude d’un jeu de loterie promotionnelle possédant une structure de prix hybride
PCT/US2009/055946 WO2010028188A1 (fr) 2008-09-08 2009-09-03 Appareil électronique qui contrôle le risque et l'incertitude dans un jeu virtuel
US13/473,573 US20120299241A1 (en) 2008-09-08 2012-05-16 Method and apparatus that control risk and uncertainty in a lottery game

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US12/206,376 US20100062821A1 (en) 2008-09-08 2008-09-08 Method and apparatus that control risk and uncertainty in a raffle
US12/250,270 US20100062823A1 (en) 2008-09-08 2008-10-13 Method and apparatus that control risk and uncertainty in a frequency priced raffle

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