Apparatus providing payouts proportional to wagers and methods for operating same

• US 8,721,435 B2
• Filed: 01/17/2013
• Issued: 05/13/2014
• Est. Priority Date: 10/08/1997
• Status: Expired due to Fees

• Current Assignee: IGT (International Game Technology)
• Original Assignee: IGT (International Game Technology)
• Inventors: Walker, Jay S., Jorasch, James A.
• Primary Examiner(s): Lewis, David
• Assistant Examiner(s): LEICHLITER, CHASE E
• Application Number:
  US13/744,118
• Publication Number:
  US 20130137507A1
• Time in Patent Office: 481 Days
• Field of Search: 463/16, 463/20, 463/25, 273/138.1, 273/139
• US Class Current: 463/25
• CPC Class Codes: G07F 17/32 for games, toys, sports, or amusements
• CPC Class Codes: G07F 17/3244 Payment aspects of a gaming system, e.g. payment schemes, setting payout ratio, bonus or consolation prizes
• CPC Class Codes: G07F 17/3262 Player actions which determine the course of the game, e.g. selecting a prize to be won, outcome to be achieved, game to be played

Abstract

A gaming device such as a slot machine is provided having a payout proportional to a wager value. In accordance with one or more embodiments, the gaming machine provides a player with the ability to flexibly and automatically increase and decrease wagers, thereby allowing the player to press his bets when he feels lucky, and to decrease his bets when he feels unlucky. Different proportional payout tables are provided for different levels of wagers.

Claims

1. A method of operating a gaming system, for each play of a game said method comprising:

(a) causing at least one display device to display a first non-monetary credit balance for a play of the game;

(b) enabling a player to place a wager amount of the displayed first non-monetary credit balance;

(c) causing at least one processor to generate an outcome for the play of the game;

(d) causing the at least one processor to determine a proportional payout multiplier corresponding to the generated outcome, said proportional payout multiplier determined regardless of any outcome generated in association with any other play of any other game;

(e) causing the at least one processor to determine a second non-monetary credit balance, the second non-monetary credit balance being a product of the placed wager amount and the determined proportional payout multiplier; and

(f) causing the at least one display device to display the determined second non-monetary credit balance.

2. The method of claim 1, which includes:

causing the at least one processor to determine whether the placed wager amount is within a first predetermined range or a second, different predetermined range;

if the placed wager amount is within the first predetermined range, causing the at least one processor to determine the proportional payout multiplier to be a first proportional payout multiplier; and

if the placed wager amount is within the second predetermined range, causing the at least one processor to determine the proportional payout multiplier to be a second, different proportional payout multiplier.

3. The method of claim 1, which is provided through a data network.

4. The method of claim 3, wherein the data network is an Internet.

5. A method of operating a gaming system, for each play of a wagering game said method comprising:

(a) causing at least one display device to display a current non-monetary credit balance for a play of the game;

(b) enabling a player to input a desired final non-monetary credit balance for the play of the game;

(c) causing at least one processor to determine a proportional payout multiplier based on the current non-monetary credit balance and the desired final non-monetary credit balance;

(d) causing the at least one processor to generate one of a plurality of different outcomes for the play of the game; and

(e) if the generated outcome is a designated outcome;

(i) causing the at least one processor to apply the determined proportional payout multiplier to the current non-monetary credit balance, and

(ii) causing the at least one display device to display the player inputted final non-monetary credit balance.

6. The method of claim 5, which includes enabling the player to wager an amount of the current non-monetary credit balance and causing the at least one processor to determine a probability of the designated outcome being generated based on the wagered amount and the desired final non-monetary credit balance.

7. The method of claim 5, which is provided through a data network.

8. The method of claim 7, wherein the data network is an Internet.

9. A method of operating a gaming system, for each play of a wagering game said method comprising:

(a) causing at least one display device to display a current non-monetary credit balance for a play of the game;

(b) causing at least one processor to generate an outcome for the play of the game,

(c) if the generated outcome is a losing outcome;

(i) causing the at least one processor to determine a first modified non-monetary credit balance by subtracting a predetermined amount from the current non-monetary credit balance, and

(ii) causing the at least one display device to display the determined first modified non-monetary credit balance; and

(d) if the generated outcome is a winning outcome;

(i) causing the at least one processor to determine a second modified non-monetary credit balance by;

(A) determining a proportional payout multiplier, said proportional payout multiplier determined regardless of any outcome generated in association with any other play of any other game, and

(B) applying the determined proportional payout multiplier to a predetermined portion of the current non-monetary credit balance, and

(ii) causing the at least one display device to display the determined second modified non-monetary credit balance.

10. The method of claim 9, which is provided through a data network.

11. The method of claim 10, wherein the data network is an internet.

12. A method of operating a gaming system, for each play of a game said method comprising:

(a) causing at least one processor to determine a wager amount placed on a play of said game, said wager amount being based on a first non-monetary credit balance;

(b) causing the at least one processor to determine;

(i) a first percentage, the first percentage being greater than zero and less than one hundred percent, and

(ii) a second percentage, the second percentage being at least one hundred percent;

(c) causing the at least one processor to generate an outcome for the play of the game; and

(d) causing at least one display device to display a second non-monetary credit balance, wherein regardless of any outcome generated in association with any other play of any other game, if the generated outcome is a winning outcome, the second non-monetary credit balance is based on a product of the first percentage and the wager amount placed on the play of the game, and if the generated outcome is a losing outcome, the second non-monetary credit balance is based on a product of the second percentage and the wager amount placed on the play of the game.

13. The method of claim 12, which is provided through a data network.

14. The method of claim 13, wherein the data network is an internet.