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Gaming system and method for placing and redeeming sports bets

  • US 10,055,930 B2
  • Filed: 08/11/2015
  • Issued: 08/21/2018
  • Est. Priority Date: 08/11/2015
  • Status: Active Grant
First Claim
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1. A gaming system comprising:

  • at least one display device;

    at least one input device;

    a sports bet ticket acceptor;

    a payment acceptor;

    at least one processor; 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;

    responsive to a physical item being received via the payment acceptor, establish a first credit balance based, at least in part, on a monetary value associated with the received physical item, wherein the physical item is selected from the group consisting of;

    a ticket associated with the monetary value and a unit of currency,responsive to a determination that an amount of the first credit balance is at least a minimum wager amount, enable a placement of a wager,responsive to a wager amount being placed in association with a play of a game;

    deduct the placed wager amount from the amount of the first credit balance,determine a game outcome for the play of the game,cause the at least one display device to display the determined game outcome,determine any award amount associated with the determined game outcome, andcause the at least one display device to display any determined award amount associated with the determined game outcome, wherein the amount of the first credit balance is increasable based on any determined award amount associated with the determined game outcome, andresponsive to a sports bet ticket associated with a sports bet placed at a separate gaming establishment sports book and obtained from the separate gaming establishment sports book in association with data communicated to a gaming establishment sports book server being a winning sports bet ticket and being received, via the sports bet ticket acceptor;

    establish a second credit balance based, at least in part, on a value associated with the received winning sports bet ticket, andcause data associated with an invalidation of the received winning sports bet ticket to be communicated to the gaming establishment sports book server, said invalidated winning sports bet ticket not thereafter being redeemable at the gaming establishment sports book.

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