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Gaming system and method with accumulating equity

  • US 9,280,869 B2
  • Filed: 03/27/2014
  • Issued: 03/08/2016
  • Est. Priority Date: 04/22/2002
  • Status: Expired due to Term
First Claim
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1. A gaming system comprising:

  • a housing;

    at least one processor;

    a plurality of input devices supported by the housing, said plurality of input devices including;

    (i) an acceptor, and(ii) a cashout device;

    at least one display device supported by the housing; and

    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 plurality of input devices to;

    (a) if a physical item is received via the acceptor, establish an amount of credits of a credit meter based, at least in part, on a monetary value associated with the received physical item,(b) cause the credit meter to display the amount of credits;

    (c) receive an input from a player of a designated wager amount on a play of a game;

    (d) for the play of the game;

    (i) randomly determine a game outcome from a plurality of different game outcomes,(ii) display the determined game outcome,(iii) determine a game award associated with the displayed game outcome, and(iv) increment the credit meter by any determined game award having a value greater than zero;

    (e) in addition to the credit meter, maintain an amount of equity for the player, said amount of maintained equity being distinct from said credit meter and said equity being maintained by;

    (i) accumulating an amount of equity for the player based on the designated wager amount, wherein different designated wager amounts cause an accumulation of different amounts of equity, and(ii) at periodic time intervals, reducing an amount of any accumulated equity for the player; and

    (f) following the play of the game, if a cashout input is received via the cashout device to cause an initiation of a cashout event to occur;

    (i) determine whether at least a designated amount of equity is maintained for the player, and(ii) if the determination is that at least the designated amount of equity is maintained for the player, display an award, said award being based, at least in part, on the amount of equity maintained for the player, and said award being distinct from any displayed amount of credits of the credit meter.

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