Positive-return gambling
First Claim
Patent Images
1. A gambling system, comprising:
- at least one token account for tracking tokens associated with a player;
a gambling game apparatus, coupled to the at least one token account, configured to award tokens and to credit and debit the at least one token account, the gambling game apparatus providing a statistically positive token return to players; and
a token conversion module for converting tokens according to a token value determined based on a total number of tokens in a set of tokens.
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Abstract
A method and system of providing players with positive return in a gambling game. Tokens are won or lost in a manner that assures net positive return. Token value is determined based on the total number of outstanding tokens, or on the total number that have been issued in a predetermined time period, so that the total prize payout is predetermined and constant. In one embodiment, tokens act as lottery tickets, and prizes are awarded to winners of the lottery, so that a player'"'"'s chance of winning the lottery is based on the percentage of outstanding tokens he or she possesses.
86 Citations
50 Claims
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1. A gambling system, comprising:
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at least one token account for tracking tokens associated with a player; a gambling game apparatus, coupled to the at least one token account, configured to award tokens and to credit and debit the at least one token account, the gambling game apparatus providing a statistically positive token return to players; and a token conversion module for converting tokens according to a token value determined based on a total number of tokens in a set of tokens. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20)
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21. A method of providing a gambling game, comprising:
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awarding an initial quantity of tokens to at least one player; crediting and debiting at least one player with tokens responsive to the gameplay of the player in a gambling game, the gambling game providing a statistically positive token return to players; and converting tokens according to a token value determined based on a total number of tokens in a set of tokens. - View Dependent Claims (22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34)
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35. A computer-readable medium comprising computer-readable code for implementing a gambling game, the code comprising:
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computer-readable code adapted to award an initial quantity of tokens to at least one player; computer-readable code adapted to credit and debit at least one player with tokens responsive to the gameplay of the player in a gambling game, the gambling game providing a statistically positive token return to players; and computer-readable code adapted to convert tokens according to a token value determined based on a total number of tokens in a set of tokens. - View Dependent Claims (36, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49)
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50. A system for positive-return gambling, comprising:
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at least one token account for tracking tokens associated with a first one of a plurality of players; a gambling game apparatus, coupled to the at least one token account, configured to award tokens and to credit and debit the at least one token account responsive to gameplay of the first user in a game provided by the apparatus, the gambling game apparatus providing a statistically positive token return to the players; and a module, coupled to the at least one token account, for converting tokens into entries for one or more prize drawings; wherein tokens are credited or debited to the at least one token account at each of a plurality of payout events associated with the game, each payout event having an associated payout value in tokens and an odds of occurrence, wherein for each payout event, the payout value multiplied by the odds of occurrence produces a yield per token bet, wherein a total of the yields per token bet for all payout events is greater than one, and wherein one or more payout events have a token payout value that is less than a number of tokens bet and wherein said one or more payout events have a combined odds of occurrence of greater than 50 percent.
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Specification