Wagering Method, Device, and Computer Readable Storage medium, for Wagering on Pieces in a Progression

• US 20080248850A1
• Filed: 09/17/2007
• Published: 10/09/2008
• Est. Priority Date: 04/10/2003
• Status: Active Grant

• Current Assignee: David Schugar
• Original Assignee: David Schugar
• Inventors: Schugar, David
• Granted Patent: US 8,287,349 B2
• Time in Patent Office: Days
• US Class Current: 463/16
• CPC Class Codes: G07F 17/32 for games, toys, sports, or amusements
• 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, apparatus, and computer readable storage, for wagering on a game of chance which includes (a) offering, before a game of chance progression commences, an initial wager on any of a plurality of pieces to first complete the progression, an initial payout for the initial wager based on the pieces having equal chances of winning; and (b) offering, during the progression, a real time wager on any of a plurality of pieces to first complete the progression, a real time payout for the real time wager based on computed chances of a selected piece first completing the progression based on current positions of the plurality of pieces.

Claims

1. A method of wagering, the method comprising:

allowing a player to select a number of pieces to compete in a game of chance progression;

using the selected number of pieces to adjust a payout for a wager on an outcome of the progression; and

making the wager, by the player;

completing the game of chance progression to determine a result of the outcome; and

paying the wager based on the result.

2. An apparatus, comprising:

a processing unit performing;

allowing a player to select a number of pieces to compete in a game of chance progression;

using the selected number of pieces to adjust a payout for a wager on an outcome of the progression; and

making the wager, by the player;

completing the game of chance progression to determine a result of the outcome;

paying the wager based on the result; and

an output unit displaying the result.