×

Prize redemption system for games

DC CAFC
  • US 5,816,918 A
  • Filed: 11/14/1996
  • Issued: 10/06/1998
  • Est. Priority Date: 04/05/1996
  • Status: Expired due to Term
First Claim
Patent Images

1. A method for providing a prize redemption system for a game apparatus, said prize redemption system being customizable by an operator, said method comprising:

  • receiving a prize list on a game apparatus, said prize list including names of a plurality of prizes available to be won by playing said game apparatus, wherein said game apparatus receives monetary income from players in exchange for use of said game apparatus, and wherein said players may win prize credits by playing said game apparatus;

    receiving a cost of each of said prizes on said game apparatus; and

    determining on said game apparatus a prize cost to be associated with each of said plurality of prizes, said prize cost being in terms of prize credits and determined in view of a desired profitability of said game apparatus, and wherein a player of said game apparatus may select one of said prizes by exchanging a number of prize credits equal to said prize cost of said selected prize.

View all claims
  • 9 Assignments
Timeline View
Assignment View
    ×
    ×