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Progressive wagering system

  • US 7,077,746 B2
  • Filed: 07/11/2003
  • Issued: 07/18/2006
  • Est. Priority Date: 06/05/2001
  • Status: Expired due to Term
First Claim
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1. A progressive gaming system adapted to accept wagers in a plurality of currencies or a plurality of denominations of the same currency and capable of awarding at least one linked prize, the system comprising:

  • (A) a central system adapted to control the progressive gaming system;

    (B) one or more prizes adapted to being awarded to at least one participants;

    (C) each of said prizes comprising at least a minimum prize value;

    (D) at least one device adapted to accept a wager for participation in said prize adapted to being awarded to said participant;

    (E) said device comprising at least one pay line, said pay line comprising odds for winning said prize, said wager and said odds being adapted to the determination of a total wager amount;

    (F) said central system being adapted to link said prize to said device based on a substantial equivalence of said total wager amount;

    (G) said central system being adapted to enable said device linked to said prize adapted to being awarded to said participant to participate for winning said prize adapted to being awarded to said participant; and

    (H) said central system being adapted to acquire transactions resulting from participation for said prize adapted to being awarded to said participant and to control at least one prize award event.

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