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Wagering system and method

  • US 8,708,807 B2
  • Filed: 03/12/2013
  • Issued: 04/29/2014
  • Est. Priority Date: 04/23/2012
  • Status: Active Grant
First Claim
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1. A method of issuing a digital voucher, comprising:

  • initiating a first link with a client device, the first link including;

    displaying a graphical identifier at one of the client device and a terminal and scanning the graphical identifier at the other of the client device and the terminal;

    receiving a unique identifier associated with the client device;

    querying a transaction database for a balance associated with the unique identifier;

    displaying the balance with a graphical user interface at the terminal;

    updating the balance at the transaction database upon receipt of an amount of currency at the terminal;

    displaying the updated balance with the graphical user interface at the terminal;

    generating a digital voucher including a transaction identifier and a value, the digital voucher being associated with the unique identifier; and

    transmitting the digital voucher to the client device;

    initiating a second link with the client device, the second link including;

    receiving a wager on an event-associated outcome, the wager based on a probability of the outcome occurring;

    updating the balance associated with the digital voucher based on the received wager; and

    issuing a digital ticket and a ticket identifier associated with the digital ticket, wherein the digital ticket is associated with the received wager and the ticket identifier is stored on the client device;

    receiving a notification whether the outcome occurred; and

    initiating a third link with the client device, the third link including;

    when the notification indicates that the outcome occurred, identifying the digital ticket as a winning ticket and updating the balance associated with the digital voucher based on the wager associated with the winning ticket.

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