×

System and Method for Fantasy Sports Gambling

  • US 20120115585A1
  • Filed: 11/30/2011
  • Published: 05/10/2012
  • Est. Priority Date: 08/27/2010
  • Status: Active Grant
First Claim
Patent Images

1. A method of providing an interactive gaming system for a plurality of users connected via a communication network includes the activities of:

  • creating at least one interactive social gaming community allowing a plurality of users to engage in a wagering contest against a single entity;

    allocating an initial amount of gaming units to each user, the initial amount of gaming units associated with an initial investment amount selected by the user;

    dynamically generating data representing a payout table including at least one threshold including an amount of gaming units associated with at least one type of reward available to the user;

    automatically reconciling a bet request signal received from a user with an outcome of at least one type of contest occurring during an active gaming period, the bet request signal including data representing an amount of gaming units to be associated with at least one type of wager on the at least one type of contest;

    updating a user account by modifying an amount of gaming units in a user account based on a result of the at least one type of wager; and

    comparing data representing a current amount of gaming units in the user account with the at least one threshold to determine if user has earned the at least one type of reward associated with the at least one threshold.

View all claims
  • 1 Assignment
Timeline View
Assignment View
    ×
    ×