Advertising funded gaming system

• US 8,403,760 B2
• Filed: 05/23/2011
• Issued: 03/26/2013
• Est. Priority Date: 03/05/2008
• Status: Active Grant

• Current Assignee: Howard Hung Yin
• Original Assignee: Howard Hung Yin
• Inventors: Yin, Howard Hung
• Primary Examiner(s): Elisca, Pierre E
• Application Number:
  US13/113,897
• Publication Number:
  US 20110224001A1
• Time in Patent Office: 673 Days
• Field of Search: 463/42, 705/14
• US Class Current: 463/42
• CPC Class Codes: G07F 17/32 for games, toys, sports, or amusements
• CPC Class Codes: G07F 17/3223 Architectural aspects of a gaming system, e.g. internal configuration, master/slave, wireless communication
• CPC Class Codes: G07F 17/3227 Configuring a gaming machine, e.g. downloading personal settings, selecting working parameters
• CPC Class Codes: G07F 17/3272 Games involving multiple players

Abstract

A gaming where a hosts search for and select particular events they desire to manage; where players can wager on specific events with potentially no financial loss; and where vendors can engage in interactive advertising to increase sales. The host manages the game by setting up the odds and establishing other rules of play. Where hosts are also vendors, they may offer prizes in exchange for credits from the players. Players place their wagers on a particular outcome of the event. Both the host and the player may gain additional credits for clicking or viewing an advertisement displayed on the webpage. If the desire outcome occurs, the player'"'"'s wager is accounted for by the host and the credits can be applied to the purchase of prizes offered by the host. Those who lose may receive communications from the vendor, with permission from the operator of the website, to offer its goods or services.

Claims

1. A method of providing an online gaming system funded by advertisements, comprising:

a. providing a website operated by a server in communication with a network;

b. providing a webpage on the website for a host login;

c. offering a selection of advertisements to place in a predetermined number of general advertisement spaces;

d. providing a game setup page in response to the selection of a game, wherein the game setup page comprises an odds entry field for the host to enter an odd for an outcome of the event, and wherein the game setup page comprises a rules entry field for the host to enter a rule for the game;

e. displaying an interactive game page;

f. receiving a wager for an event on the interactive game page;

g. determining the outcome of the event; and

h. accounting for the wager based on the outcome of the event and the odds for the outcome of the event.

2. The method of claim 1, further comprising automatically crediting a host'"'"'s account a predetermined amount of credits upon logging in.

3. The method of claim 1, further comprising offering a selection of games from a predetermined list of games for the host to manage.

4. The method of claim 1, further comprising crediting the host a predetermined number of credits when an advertisement is clicked on.

5. A method of providing an online gaming system, comprising:

a. providing a website operated by a server in communication with a network;

b. providing a webpage on the website for a host login;

c. providing a game setup page for the host to design a game page, wherein the game setup page comprises an odds entry field for the host to enter an odd for an outcome of the event, and wherein the game setup page comprises a rules entry field for the host to enter a rule for the game;

d. displaying the game page;

e. receiving a wager for an event on the interactive game page;

f. determining the outcome of the event; and

g. accounting for the wager based on the outcome of the event and the odds for the outcome of the event.

6. The method of claim 5, further comprising automatically crediting a host'"'"'s account a predetermined amount of credits upon logging in.

7. The method of claim 5, further comprising offering a selection of advertisements to place in a predetermined number of general advertisement spaces.

8. The method of claim 7, further comprising crediting the host a predetermined number of credits when an advertisement is clicked on.

9. The method of claim 5, further comprising offering a host'"'"'s advertisement space to upload a host'"'"'s advertisement.

10. The method of claim 5, further comprising crediting the host a predetermined number of credits when the host'"'"'s advertisement is selected.

11. The method of claim 5, further comprising providing a means for the player to negotiate with a host.

12. A method of providing an online gaming system, comprising:

a. providing a website operated by a server in communication with a network;

b. providing a game setup page, wherein the game setup page comprises an odds entry field for a host to enter an odd for an outcome of the event, and wherein the game setup page comprises a rules entry field for the host to enter a rule for the game;

c. displaying an interactive game page;

d. receiving a wager for an event on the interactive game page;

e. determining the outcome of the event; and

f. accounting for the wager based on the outcome of the event and the odds for the outcome of the event.