Method and apparatus for providing insurance policies for gambling losses
First Claim
Patent Images
1. A method of operating a gaming system, said method comprising:
- (a) causing a processor to track game play of a player at one or more gaming devices;
(b) causing the processor to compile at least one statistic associated with the tracked game play of the player;
(c) receiving a request from the player for a gambling loss insurance policy;
(d) causing the processor to define at least one term associated with the gambling loss insurance policy;
(e) causing the processor to determine a premium amount, from a plurality of different premium amounts, based on the at least one term and the at least one statistic, wherein the premium amount is in addition to any wager amount; and
(f) causing the processor to enable the player to purchase the gambling loss insurance policy for the determined premium amount.
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Abstract
A method according to some embodiments of the present invention provides for a game server to receive policy requirements of a user for a gambling loss insurance policy from a terminal. The game server determines a premium amount based on the policy requirements of the user and transmits information concerning the premium amount to the user.
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Citations
24 Claims
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1. A method of operating a gaming system, said method comprising:
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(a) causing a processor to track game play of a player at one or more gaming devices; (b) causing the processor to compile at least one statistic associated with the tracked game play of the player; (c) receiving a request from the player for a gambling loss insurance policy; (d) causing the processor to define at least one term associated with the gambling loss insurance policy; (e) causing the processor to determine a premium amount, from a plurality of different premium amounts, based on the at least one term and the at least one statistic, wherein the premium amount is in addition to any wager amount; and (f) causing the processor to enable the player to purchase the gambling loss insurance policy for the determined premium amount. - 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 gaming system comprising:
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(a) at least one display device; (b) at least one input device; (c) at least one processor; and (d) at least one memory device which stores a plurality of instructions which, when executed by the at least one processor, cause the at least one processor to operate with the at least one display device and the at least one input device to; (i) track game play of a player at one or more gaming devices; (ii) compile at least one statistic associated with the tracked game play of the player; (iii) receive a request from the player for a gambling loss insurance policy; (iv) define at least one term associated with the gambling loss insurance policy; (v) determine a premium amount, from a plurality of different premium amounts, based on the at least one term and the at least one statistic, wherein the premium amount is in addition to any wager amount; and (vi) enable the player to purchase the gambling loss insurance policy for the determined premium amount. - View Dependent Claims (22, 23)
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24. A computer readable medium which stores non-transitory instructions which, when executed by at least one processor, cause the at least one processor to:
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track game play of a player at one or more gaming devices; compile at least one statistic associated with the tracked game play of the player; receive a request from the player for a gambling loss insurance policy; define at least one term associated with the gambling loss insurance policy; determine a premium amount, from a plurality of different premium amounts, based on the at least one term and the at least one statistic, wherein the premium amount is in addition to any wager amount; and enable the player to purchase the gambling loss insurance policy for the determined premium amount.
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Specification