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Wagering system and method

  • US 9,305,429 B2
  • Filed: 10/15/2014
  • Issued: 04/05/2016
  • Est. Priority Date: 04/23/2012
  • Status: Active Grant
First Claim
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1. A system comprising:

  • an imaging device;

    a paper payment dispensing mechanism;

    a processor; and

    a memory storing instructions executable by the processor;

    wherein said instructions comprise;

    obtaining identification information from a bar code that was captured by the imaging device and displayed on a mobile device, the identification information being associated with a wager;

    retrieving, based on the identification information, a wager value that is dependent upon the outcome of the wager;

    obtaining, from the bar code, a payment request value entered by a user on the mobile device;

    determining whether the value entered by the user is less than the wager value; and

    dispensing a payment from the paper payment dispensing mechanism equal to the payment request value entered by the user when the value entered by the user is less than the wager value.

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