METHOD AND APPARATUS FOR PROVIDING INSURANCE POLICIES FOR GAMBLING LOSSES
First Claim
Patent Images
2. A medium encoded with a program for implementing a method, said method comprising the steps of:
- determining at least one policy requirement of a user for a gambling loss insurance policy;
determining a premium amount based on the at least one policy requirement; and
transmitting an indication of the premium amount to the user.
0 Assignments
0 Petitions
Accused Products
Abstract
A method according to some embodiments of the present invention provides for a game server to receive policy requirements of a user for a gambling loss insurance policy from a terminal. The game server determines a premium amount based on the policy requirements of the user and transmits information concerning the premium amount to the user.
-
Citations
9 Claims
-
2. A medium encoded with a program for implementing a method, said method comprising the steps of:
determining at least one policy requirement of a user for a gambling loss insurance policy;
determining a premium amount based on the at least one policy requirement; and
transmitting an indication of the premium amount to the user.
-
3. An apparatus, comprising:
-
a storage device; and
a processor in communication with the storage device, the storage device storing a program for controlling the processor; and
the processor operative with the program to;
receive a user identifier that identifies a user;
execute a game for the user;
determine a game result of the game;
determine a gambling loss insurance policy that is associated with the user based on the user identifier; and
determine an insurance payout based on the gambling loss insurance policy and the game result.
-
-
4. A medium encoded with a program for implementing a method, said method comprising the steps of:
-
receiving a user identifier that identifies a user;
executing a game for the user;
determining a game result of the game;
determining a gambling loss insurance policy that is associated with the user based on the user identifier; and
determining an insurance payout based on the gambling loss insurance policy and the game result.
-
-
5. A method, comprising:
-
determining at least one policy requirement of a user for a gambling loss insurance policy, wherein the at least one policy requirement specifies a minimum duration of time that the user must spend playing a gaming machine;
determining a payout amount to be provided to the user as a result of the policy, wherein at least one of the minimum duration of time and the payout amount is determined such that, after providing the payout amount to the user, at least a minimum amount of profit is realized as a result of the user playing the gaming machine for the minimum duration of time;
determining a premium amount based on the at least one policy requirement; and
transmitting an indication of at least one of the premium amount, the at least one policy requirement and the payout amount to the user. - View Dependent Claims (6, 7, 8)
-
-
9-1. The method of claim 9, wherein each gambling loss insurance policy of the plurality corresponds to a respective at least one policy requirement.
Specification