Systems and methods for enabling remote device users to wager on micro events of games in a data network accessible gaming environment

• US 8,734,231 B2
• Filed: 06/15/2011
• Issued: 05/27/2014
• Est. Priority Date: 08/20/2010
• Status: Active Grant

• Current Assignee: Micro-Gaming Ventures, LLC
• Original Assignee: Micro-Gaming Ventures, LLC
• Inventors: Shore, Michael W., Chan, Alfonso G., Ortiz, Luis M., Lopez, Kermit D.
• Primary Examiner(s): CUFF, MICHAEL A
• Application Number:
  US13/161,187
• Publication Number:
  US 20120046095A1
• Time in Patent Office: 1,077 Days
• Field of Search: 463/25, 463/29, 463/40
• US Class Current: 463/25
• CPC Class Codes: G07F 17/32 for games, toys, sports, or amusements
• CPC Class Codes: G07F 17/3204 Player-machine interfaces
• CPC Class Codes: G07F 17/3241 Security aspects of a gaming system, e.g. detecting cheating, device integrity, surveillance computer security G06F21/00
• 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 17/3288 Betting, e.g. on live events, bookmaking

Abstract

A method and system for micro-betting. One or more micro-bets can be electronically placed with respect to one or more micro-events associated with an event during a round of micro-betting. One or more wages with respect to the micro-bet(s) can be managed and controlled during the round of micro-betting. The wager(s) can be managed and controlled remotely from electronically placing the micro-bet(s) during the round of micro-betting. Additionally, a portion of a profit can be automatically obtained with respect to the round of micro-bets in exchange for the aforementioned managing and controlling of the wager(s) with respect to the micro-bet(s) during the round of micro-betting.

Claims

1. A computer-implemented method for micro-betting, said method comprising:

designating via a computer a control function for managing at least one micro-bet based on at least one micro-event within at least one event said at least one micro-bet comprising a real bet and said at least one micro-event comprising a real event;

configuring via a computer said control function to determine when said at least one micro-bet is available, or open, to at least one and thereafter when said at least one micro-bet has closed to at least one additional better, and

randomizing via a computer, at least one available micro-bet with respect to said at least one micro-bet.

2. The method of claim 1 further comprising:

remotely controlling via said control function, said at least one micro-bet based on said at least one micro-event within said at least one event.

3. The method of claim 1 further comprising automatically obtaining a portion of a profit with respect to said one or more micro-bets during a round of micro-betting.

4. The method of claim 1 further comprising:

managing and controlling via a sports book, said at least one micro-bet during a round of micro-betting.

5. The method of claim 4 further comprising:

electronically placing said at least one micro-bet via a wireless terminal.

6. The method of claim 1 further comprising:

electronically placing via a wireless terminal, said at least one micro-bet.

7. The method of claim 6 wherein said wireless terminal comprises a Smartphone.

8. The method of claim 6 wherein said wireless terminal comprises a hand held device.

9. The method of claim 1 further comprising:

electronically placing via a remote computer network, said at least one micro-bet with respect to said at least one micro-event associated with said event during said round of micro-betting.

10. The method of claim 1 further comprising:

electronically placing via a wireless network, said at least one micro-bet with respect to said at least one micro-event associated with said event during said round of micro-betting.

11. A system for micro-betting, said system comprising:

a processor;

a data bus coupled to said processor; and

a computer-usable medium embodying computer code, said computer-usable medium being coupled to said data bus, said computer program code comprising instructions executable by said processor and configured for;

designating via a computer a control function for managing at least one micro-bet based on at least one micro-event within at least one event, said at least one micro-bet comprising a real bet and said at least one micro-event comprising a real event;

configuring via a computer said control function to determine when said at least one micro-bet is available, or open, to at least one and thereafter when said at least one micro-bet has closed to at least one additional better; and

randomizing via a computer, at least one available micro-bet with respect to said at least one micro-bet.

12. The system of claim 11 wherein said instructions are further configured for remotely managing and controlling electronically placing said at least one micro-bet during a round of micro-betting.

13. The system of claim 12 wherein said instructions are further configured for automatically obtaining a portion of a profit with respect to a round of micro-bets in exchange for said managing and controlling said at least one micro-bet during said round of micro-betting.

14. The system of claim 12 wherein said instructions are further configured for managing and controlling via a sports book, said at least one micro-bet during said round of micro-betting.

15. The system of claim 11 wherein said instructions are further configured for managing and controlling via a controller comprising said control function, said at least one micro-bet during a round of micro-betting.

16. The system of claim 11 wherein said instructions are further configured for electronically placing via a wireless terminal, said at least one micro-bet during a round of micro-betting.

17. The system of claim 16 wherein said wireless terminal comprises at least one of a Smartphone or a tablet computing device.

18. The system of claim 16 wherein said wireless terminal comprises a wireless hand held device.

19. The system of claim 11 wherein said instructions are further configured for electronically placing via a remote computer network, said at least one micro-bet during a round of micro-betting.

20. The system of claim 11 wherein said instructions are further configured for electronically placing via a wireless network, said at least one micro-bet during a round of micro-betting.