Systems and Methods for Fixed-Odds Based Gaming Activities
First Claim
1. A method for providing a gaming activity wherein a plurality of players provide respective entry fees, the method including the steps of:
- defining, for one or more event outcomes, respective payout ratios;
receiving, for each player, entry data indicative of an entry fee and an event outcome;
adding, for each player, at least a portion of the received entry data to a repository of collective entry data;
allocating to each player, on the basis of the entry fee provided by that player and the event outcome selected by that player, one or primary entries in relation to a primary gaming activity whereby, in the case that for a given player the selected event outcome is identified as a winning outcome, that player is awarded a primary prize based on the entry fee and the payout ratio defined for the selected outcome; and
allocating to at least one player a supplementary prize, wherein one or more characteristics of the supplementary prize are determined by reference to one or more characteristics of at least a portion of the collective entry data received at a point in time following the allocation of one or more primary entries to that player.
2 Assignments
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Accused Products
Abstract
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.
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Citations
48 Claims
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1. A method for providing a gaming activity wherein a plurality of players provide respective entry fees, the method including the steps of:
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defining, for one or more event outcomes, respective payout ratios;
receiving, for each player, entry data indicative of an entry fee and an event outcome;
adding, for each player, at least a portion of the received entry data to a repository of collective entry data;
allocating to each player, on the basis of the entry fee provided by that player and the event outcome selected by that player, one or primary entries in relation to a primary gaming activity whereby, in the case that for a given player the selected event outcome is identified as a winning outcome, that player is awarded a primary prize based on the entry fee and the payout ratio defined for the selected outcome; and
allocating to at least one player a supplementary prize, wherein one or more characteristics of the supplementary prize are determined by reference to one or more characteristics of at least a portion of the collective entry data received at a point in time following the allocation of one or more primary entries to that player. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48)
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Specification
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- Resources
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Current AssigneeSRG Enterprises Pty Limited
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Original AssigneeG5 Enterprizes Pty., Ltd.
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InventorsAMOUR, Marc
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Granted Patent
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Time in Patent OfficeDays
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Field of Search
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US Class Current463/26
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CPC Class CodesA63F 3/06 Lottos or bingo games; Syst...G06Q 20/20 Point-of-sale [POS] network...G07F 17/32 for games, toys, sports, or...G07F 17/3244 Payment aspects of a gaming...G07F 17/3288 Betting, e.g. on live event...
