SYSTEMS AND METHODS FOR ENABLING REMOTE DEVICE USERS TO WAGER ON MICRO EVENTS OF GAMES IN A DATA NETWORK ACCESSIBLE GAMING ENVIRONMENT

• US 20120046095A1
• Filed: 06/15/2011
• Published: 02/23/2012
• Est. Priority Date: 08/20/2010
• Status: Active Grant

• Current Assignee: Micro-Gaming Ventures, LLC
• Original Assignee: Micro-Gaming Ventures, LLC
• Inventors: Shore, Michael W., Chan, Alfonso G., Ortiz, Luis M., Lopez, Kermit D.
• Granted Patent: US 8,734,231 B2
• Time in Patent Office: Days
• US Class Current: 463/25
• CPC Class Codes: G07F 17/32 for games, toys, sports, or amusements
• CPC Class Codes: G07F 17/3204 Player-machine interfaces
• CPC Class Codes: G07F 17/3241 Security aspects of a gaming system, e.g. detecting cheating, device integrity, surveillance computer security G06F21/00
• CPC Class Codes: G07F 17/3244 Payment aspects of a gaming system, e.g. payment schemes, setting payout ratio, bonus or consolation prizes
• CPC Class Codes: G07F 17/3288 Betting, e.g. on live events, bookmaking

Abstract

A method and system for micro-betting. One or more micro-bets can be electronically placed with respect to one or more micro-events associated with an event during a round of micro-betting. One or more wages with respect to the micro-bet(s) can be managed and controlled during the round of micro-betting. The wager(s) can be managed and controlled remotely from electronically placing the micro-bet(s) during the round of micro-betting. Additionally, a portion of a profit can be automatically obtained with respect to the round of micro-bets in exchange for the aforementioned managing and controlling of the wager(s) with respect to the micro-bet(s) during the round of micro-betting.

Claims

1. A method for micro-betting, said method comprising:

electronically placing at least one micro-bet with respect to at least one micro-event associated with an event during a round of micro-betting; and

managing and controlling at least one wager with respect to said at least one micro-bet during said round of micro-betting.

2. The method of claim 1 wherein managing and controlling said at least one wager with respect to said at least one micro-bet during said round of micro-betting, further comprises:

managing and controlling, remote from electronically placing said at least one micro-bet, said at least one wager with respect to said at least one micro-bet during said round of micro-betting.

3. The method of claim 1 further comprising automatically obtaining a portion of a profit with respect to said round of micro-bets in exchange for said managing and controlling said at least one wager with respect to said at least one micro-bet during said round of micro-betting.

4. The method of claim 1 wherein managing and controlling said at least one wager with respect to said at least one micro-bet during said round of micro-betting, further comprises:

managing and controlling via a sports book, said at least one wager with respect to said at least one micro-bet during said round of micro-betting.

5. The method of claim 1 wherein managing and controlling said at least one wager with respect to said at least one micro-bet during said round of micro-betting, further comprises:

managing and controlling via a controller, said at least one wager with respect to said at least one micro-bet during said round of micro-betting.

6. The method of claim 1 wherein electronically placing said at least one micro-bet with respect to said at least one micro-event associated with said event during said round of micro-betting, further comprises:

electronically placing via a wireless terminal, said at least one micro-bet with respect to said at least one micro-event associated with said event during said round of micro-betting

7. The method of claim 6 wherein said wireless terminal comprises a Smartphone.

8. The method of claim 6 wherein said wireless terminal comprises a hand held device.

9. The method of claim 1 wherein electronically placing said at least one micro-bet with respect to said at least one micro-event associated with said event during said round of micro-betting, further comprises:

electronically placing via a remote computer network, said at least one micro-bet with respect to said at least one micro-event associated with said event during said round of micro-betting

10. The method of claim 1 wherein electronically placing said at least one micro-bet with respect to said at least one micro-event associated with said event during said round of micro-betting, further comprises:

electronically placing via a wireless network, said at least one micro-bet with respect to said at least one micro-event associated with said event during said round of micro-betting

11. A method for micro-betting, said method comprising:

electronically placing at least one micro-bet with respect to at least one micro-event associated with an event during a round of micro-betting;

managing and controlling at least one wager with respect to said at least one micro-bet during said round of micro-betting; and

automatically obtaining a portion of a profit with respect to said round of micro-bets in exchange for said managing and controlling said at least one wager with respect to said at least one micro-bet during said round of micro-betting.

12. The method of claim 11 wherein electronically placing said at least one micro-bet with respect to said at least one micro-event associated with said event during said round of micro-betting, further comprises:

electronically placing via a wireless terminal, said at least one micro-bet with respect to said at least one micro-event associated with said event during said round of micro-betting

13. A system for micro-betting, said system comprising:

a processor;

a data bus coupled to said processor; and

a computer-usable medium embodying computer code, said computer-usable medium being coupled to said data bus, said computer program code comprising instructions executable by said processor and configured for;

electronically placing at least one micro-bet with respect to at least one micro-event associated with an event during a round of micro-betting; and

managing and controlling at least one wager with respect to said at least one micro-bet during said round of micro-betting.

14. The system of claim 13 wherein said instructions are further configured for managing and controlling, remote from electronically placing said at least one micro-bet, said at least one wager with respect to said at least one micro-bet during said round of micro-betting.

15. The system of claim 13 wherein said instructions are further configured for automatically obtaining a portion of a profit with respect to said round of micro-bets in exchange for said managing and controlling said at least one wager with respect to said at least one micro-bet during said round of micro-betting.

16. The system of claim 13 wherein said instructions are further configured for managing and controlling via a sports book, said at least one wager with respect to said at least one micro-bet during said round of micro-betting.

17. The system of claim 13 wherein said instructions are further configured for managing and controlling via a controller, said at least one wager with respect to said at least one micro-bet during said round of micro-betting.

18. The system of claim 13 wherein said instructions are further configured for electronically placing via a wireless terminal, said at least one micro-bet with respect to said at least one micro-event associated with said event during said round of micro-betting

19. The system of claim 13 wherein said instructions are further configured for electronically placing via a remote computer network, said at least one micro-bet with respect to said at least one micro-event associated with said event during said round of micro-betting

20. The system of claim 13 wherein said instructions are further configured for electronically placing via a wireless network, said at least one micro-bet with respect to said at least one micro-event associated with said event during said round of micro-betting