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METHOD AND SYSTEM FOR MANAGING PROBABILITY OF AN OUTCOME IN A RANDOM GENERATION EVENT

  • US 20100029362A1
  • Filed: 08/03/2009
  • Published: 02/04/2010
  • Est. Priority Date: 08/04/2008
  • Status: Active Grant
First Claim
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1. A method of conducting an online lottery game, comprising:

  • for each play of the game, a player choosing a set of player indicia from a total field of the indicia;

    randomly generating a subset of X number of indicia from the total field of indicia;

    for each individual game play, determining whether the game play is a winning play by comparing the player'"'"'s indicia to the subset of indicia to verify if a defined combination of the player'"'"'s indicia is contained in the subset of indicia;

    establishing a desired overall winning probability for the game plays by varying the number X of indicia in the subsets between different game plays such that a blend of the winning probabilities for each number X for all of the game plays produces the desired overall winning probability; and

    assigning a payout to each winning game play as a function of a predefined overall percentage payout for the game and the overall winning probability such that the payout for all expected winning game plays achieves the percentage payout.

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