Interactive wagering contest method and system

• US 20050049731A1
• Filed: 07/30/2004
• Published: 03/03/2005
• Est. Priority Date: 07/30/2004
• Status: Abandoned Application

• Current Assignee: Dell Fantasy Sports Incorporated
• Original Assignee: Dell Fantasy Sports Incorporated
• Inventors: Dell, Terry
• Application Number:
  US10/903,540
• Publication Number:
  US 20050049731A1
• Time in Patent Office: Days
• US Class Current: 700/91
• CPC Class Codes: G07F 17/32 for games, toys, sports, or amusements
• CPC Class Codes: G07F 17/3227 Configuring a gaming machine, e.g. downloading personal settings, selecting working parameters
• CPC Class Codes: G07F 17/3288 Betting, e.g. on live events, bookmaking

Abstract

An interactive wagering game is disclosed. In the game, a plurality of participants receive an initial number of credits in respective participant accounts for use in selectively wagering credits on a finite number of competitions in a series of scheduled competitions. Participants selectively wager on the outcome of one or more competitions in the series of competitions prior to each competition. The results of each participant wager are determined based on the outcomes of each completed competition in the series of scheduled competitions, and each participant'"'"'s account is credited or debited commensurate with the outcomes of each participant'"'"'s respective wagers. Participants whose accounts reach zero credits are eliminated from wagering on future scheduled competitions. One or more winning participants are determined based on the highest participant account balance or balances after completion of the final competition in the series of competitions.

Claims

1. An interactive gaming method comprising:

(a) registering a plurality game participants;

(b) establishing an electronic game account for each registered game participant, each game account including an identical number of initial account credits as an initial account balance;

(c) accepting one or more electronic credit wagers from each registered participant on one or more scheduled competitions in a series of scheduled competitions, wherein each credit wager from any game participant on a particular scheduled competition in the series is accepted only before the scheduled competition;

(d) determining the outcome of each scheduled competition;

(e) adjusting the number of credits in each game participant'"'"'s account balance commensurate with the outcome each game participant'"'"'s wager or wagers on each completed competition or competitions in the series; and

(f) determining a final account balance for each participant after completion of a final competition in the series of competitions.

2. An interactive gaming method according to claim 1 wherein the series of scheduled competitions comprises a series of sporting events.

3. An interactive gaming method according to claim 2 wherein the series of sporting events includes at least one event selected from the group consisting of an American football game, a baseball game, a basketball game, a hockey match, a soccer match, a horse race, and an automobile race.

4. An interactive gaming method according to claim 1 and further comprising eliminating any game participant having a current net account balance of zero credits from further electronic wagering on any future scheduled competition or competitions in the series.

5. An interactive gaming method according to claim 1 wherein participants are required to wager a minimum number of credits on at least one next-scheduled competition in the series.

6. An interactive gaming method according to claim 1 and further comprising awarding one or more prizes to the game participant or participants having the largest account balance or balances after completion of the final competition in the series.

7. An interactive gaming method according to claim 1, wherein determining the outcome of each scheduled competition includes handicapping competitors in the scheduled competition.

8. An interactive gaming method according to claim 7 wherein handicapping competitions includes establishing an effective point spread for each competition in the series.

9. An interactive gaming method according to claim 8 wherein the effective point spreads are established based on published point spreads from an odds maker.

10. An interactive gaming method according to claim 1 wherein electronically registering a plurality game participants includes accepting a registration fee from each participant.

11. An interactive gaming method according to claim 1 wherein account balances for game participants are published after completion of each scheduled competition.

12. A system for electronic gaming, the system comprising at least one host computer, the host computer being configured and programmed to:

(a) register a plurality of remote game participants to compete against one another;

(b) establish and maintain a unique credit account for each registered game participant;

(c) accept one or more wagers from registered participants before each competition in a series of scheduled competitions;

(d) credit and debit each unique credit account commensurate with the results of each game participant'"'"'s wager or wagers subsequent to completion of each associated competition in the series of scheduled competitions;

(e) eliminate a participant whose account balance is zero from further wagering on future scheduled competitions; and

(f) rank the game participants based upon the participants'"'"' account balances after completion of a final competition in the series of competitions.

13. A system for electronic gaming according to claim 12 wherein the host computer is in communication with a plurality of remote processors via a wide area network.

14. A remote processor in communication with a host computer, the remote processor being configured and programmed to permit a person to:

(a) interactively register to participate in a simulated wagering contest;

(b) selectively initiate a plurality of wagers of allotted points or credits on a series of scheduled competitions; and

(c) selectively view one or more point or credit balances on the host computer.

15. An interactive wagering game comprising a plurality of steps including:

(a) an initial number of credits are alotted to a plurality of game participant accounts for use by participants to selectively wager credits on a finite number of competitions in a series of scheduled competitions;

(b) participants selectively wager credits on the outcome of one or more competitions in the series of competitions prior to each competition;

(c) results of each participant wager are determined based on the outcomes of each completed competition in the series of scheduled competitions, and credits are credited or debited to or from each participant'"'"'s account commensurate with the outcomes of each participant'"'"'s respective wagers; and

(d) one or more winning participants are determined based on the highest participant account balance or balances after completion of the final competition in the series of competitions.

16. An interactive online wagering game according to claim 15 wherein a ranking of participant account balances is published after completion of each scheduled competition.

17. An interactive online wagering game according to claim 15, the game further comprising awarding a prize to at least one game participant having a highest account balance after completion of a final competition in the series of competitions.

18. An interactive online wagering game according to claim 15 wherein the series of competitions includes a series of sporting events.

19. An interactive online wagering game according to claim 18 wherein the series of sporting events comprises events selected from the group consisting of American football games, baseball games, basketball games, hockey matches, soccer matches, horse races, and automobile races.

20. An interactive online wagering game according to claim 15 and further comprising preventing participants with accounts that reach zero from wagering on future scheduled competitions.

21. An interactive online wagering game according to claim 15 wherein the series of competitions includes at lease one competitive event that is not a sports event.

22. A computer-readable medium comprising software, the software being configured to:

(a) register a plurality of remote game participants to compete against one another;

(b) establish and maintain a unique credit account for each registered game participant;

(c) accept one or more wagers from registered participants before each competition in a series of scheduled competitions;

(d) credit and debit each unique credit account commensurate with the results of each game participant'"'"'s wager or wagers subsequent to completion of each associated competition in the series of scheduled competitions;

(e) rank the game participants based upon the participants'"'"' account balances after completion of a final competition in the series of competitions.