METHODS AND SYSTEMS OF GENERATING A PLAYER TO PLAYER CASINO

• US 20140349764A1
• Filed: 05/23/2014
• Published: 11/27/2014
• Est. Priority Date: 05/24/2013
• Status: Abandoned Application

• Current Assignee: Adam Jae Chun Lee
• Original Assignee: Adam Jae Chun Lee
• Inventors: Lee, Adam Jae Chun
• Application Number:
  US14/286,972
• Publication Number:
  US 20140349764A1
• Time in Patent Office: Days
• US Class Current: 463/42
• CPC Class Codes: G07F 17/3225 Data transfer within a gaming system, e.g. data sent between gaming machines and users
• CPC Class Codes: G07F 17/3276 wherein the players compete, e.g. tournament

Abstract

A system for generating a peer-to-peer (p2p) casino table is provided. The system includes a peer-to-peer (p2p) engine. The p2p engine is configured to create a casino table for play between a first user making an initial wager and a second user making a cover wager that covers at least a portion of the initial wager. The system also includes an interface coupled to the p2p engine and configured to receive data from the first user and the second user. The system also includes a management engine coupled to the p2p engine. The management engine is configured to audit the casino table.

Claims

1. A system for generating a peer-to-peer (p2p) casino game comprising:

a peer-to-peer (p2p) engine, wherein the p2p engine is configured to create a casino table for play between a first user making an initial wager and a second user making a cover wager that covers at least a portion of the initial wager;

an interface coupled to the p2p engine and configured to receive data from the first user and the second user; and

a management engine coupled to the p2p engine, wherein the management engine is configured to audit the casino table.

2. The system of claim 1, wherein the management engine is further configured to collect casino table activity data.

3. The system of claim 2, wherein the management engine is further configured to identify at least one trigger based on the casino table activity data and send an alert to at least one of the first user and the second user based on the trigger.

4. The system of claim 3, wherein the trigger is at least one of the first user making the initial wager, at least one of the first user and the second user winning more than a predetermined threshold amount of money, at least one of the first user and the second user losing more than a second predetermined threshold amount of money, a particular user placing a second initial wager, a particular casino game being associated with the initial wager.

5. The system of claim 1, wherein the management engine is further configured to automatically match the first user with the second user based on the initial wager.

6. The system of claim 1, wherein the initial wager is associated with a table game operated by a live dealer.

7. The system of claim 1, wherein the management engine is further configured to determine an amount of funds in a first user account and a second user account;

suspend wagering on the casino table by the first user if the amount of funds in the first user account is less than a first predetermined threshold; and

suspend wagering on the casino table by the second user if the amount of in the second user account is less than a second predetermined threshold.

8. The system of claim 7, wherein the first predetermined threshold is determined based on the initial wager and the second predetermined threshold is determined based on a maximum payout of the cover wager.

9. The system of claim 1, wherein the p2p engine is further configured to receive a second initial wager from a third user and a second cover wager from the first user.

10. The system of claim 1, wherein the p2p engine is further configured to receive a second cover wager from a third user that covers at least a portion of the initial wager.

11. The system of claim 1, wherein the p2p engine is further configured to lay at least one unmatched initial wager with a predetermined user that acts as a house.

12. The system of claim 1, wherein the p2p engine is configured to receive table specifications from the first user, and the casino table is configured based on the table specifications.

13. The system of claim 12, wherein the table specifications include a privacy setting that allows only invited users to join the casino table.

14. The system of claim 1, wherein the first user is associated with a set of betting specifications, and the initial wager is automatically placed based on the betting specifications.

15. The system of claim 14, wherein the betting specifications include a predefined betting strategy associated with the casino table.

17. The method of claim 11 further comprising:

collecting casino table activity data;

identifying at least one trigger based on the casino table activity data; and

sending an alert to at least one of the first user and the second user based on identifying the trigger.

18. The method of claim 11 further comprising determining an amount of funds in a first user account;

and

suspending wagering by the first user if the amount of funds in the first user account is less than a predetermined threshold.

19. The method of claim 11 further comprising reconciling a first user account and a second user account based on an outcome of a table game played on the casino table.

16. A method of generating a p2p casino game, said method implemented with a processor coupled to a memory, said method including:

creating, with a p2p engine, a casino table for play between a first user making an initial wager and a second user making a cover wager that covers at least a portion of the initial wager;

receiving data from the first user and the second user through an interface; and

auditing the casino table with a management engine.

20. A computer readable medium having computer-executable instructions for generating a p2p casino table, wherein, when executed by a processor, the computer-executable instructions cause the processor to:

create a casino table for play between a first user making an initial wager and a second user making a cover wager that covers at least a portion of the initial wager;

receive data from the first user and the second user; and

audit the casino table.