DATA-PROCESSING SYSTEM FOR DETERMINING GAINS AND LOSSES FROM BETS

• US 3,810,627 A
• Filed: 04/02/1970
• Issued: 05/14/1974
• Est. Priority Date: 01/22/1968
• Status: Expired due to Term

• Current Assignee: Remote Betting International Incorporated
• Original Assignee: David Levy
• Inventors: Levy, David
• Primary Examiner(s): Oechsle, Anton O.
• Assistant Examiner(s): Kramer, Arnold W.
• Application Number:
  US05/025,227
• Time in Patent Office: 1,503 Days
• Field of Search: 235/92GA,92TA,92TS,92TP 340/323,334,337,172.5 273/138A,143R,143A,143B,143C,143D,143E,118A,119A,12A,121A,122A
• US Class Current: 463/26
• CPC Class Codes: A63F 2009/2435 using a video camera
• CPC Class Codes: A63F 3/081 electric
• CPC Class Codes: A63F 5/04 Disc roulettes; Dial roulettes; Teetotums; Dice-tops
• CPC Class Codes: G07F 17/32 for games, toys, sports, or amusements
• CPC Class Codes: G07F 17/3213 Details of moving display elements, e.g. spinning reels, tumbling members

Abstract

In an establishment in which wagers are placed on the outcome of a fortuitous event, such as the roll of a pair of dice, the spin of a roulette wheel, the result of a horse race, or the like, a player operates a remote selector panel on which a register displays a previously established credit balance. Bets on the event are made from the panel by wagering any amount up to the limit of the credit balance. The amount wagered is automatically deducted from the credit balance, and in the event of a win the amount wagered is multiplied by a predetermined odds factor for the event and added to the credit balance.

Claims

1. A data-processing system for determining gains and losses from bets placed on the outcome of a recurring fortuitous event, comprising:

a banker'"'"''"'"'s station for the acceptance of wagers;

a panel provided with numerical selector means operable by a player;

register means at said panel manually operable to display an initial credit balance, but otherwise inaccessible to the player;

arithmetic means forming a first and a second channel for the additive and the subtractive introduction, respectively, of a wagered amount into said register means in response to the operation of said selector means, the latter being inoperative for amounts exceeding said credit balance;

computer means in said first channel for multiplying said wagered amount by a predetermined odds factor under the control of said selector means;

banker-controlled first switch means at said station for establishing open and closed phases of operation;

first circuit means controlled exclusively by said first switch means for locking said selector means in position during each closed phase pending determination of the outcome of said event;

second switch means at said station for signaling the outcome of each event wagered on before the beginning of the next open phase; and

second circuit means responsive to said second switch means for actuating said arithmetic means.

2. A system as defined in claim 1 wherein said register means is provided with at least one slot for the insertion of a token to display an initial credit balance.

3. A system as defined in claim 1 wherein said panel is provided with overdraft-indicator means jointly controlled by said register and said selector means.

4. A system as defined in claim 1 wherein said panel is provided with cancellation means for annulling a selection, said first switch means controlling said cancellation means for disabling same during said closed phase.

5. A system as defined in claim 4 wherein said arithmetic means includes logic circuitry presettable by said selector means for Enabling one of said channels in response to one type of signal from said second switch means, enabling the other of said channels in response to another type of signal from said second switch means and enabling neither channel in response to a third type of signal from said second switch means, said logic circuitry further controlling said cancellation means to maintain the disablement thereof until either of said channels is enabled.

6. A system as defined in claim 1 wherein said selector means includes a first selector for choosing one of several possible outcomes of said event and a second selector for determining the amount wagers on such outcome.

7. A system as defined in claim 1, further comprising television means including a camera positioned to observe the event wagered on and a receiver adjacent said panel linked with said camera by a closed circuit.

8. A data-processing system for determining gains and losses from bets placed on a fortuitous event, comprising:

numerical selector means at a location remote from the site of said event operable by a player to indicate an amount wagered on the outcome thereof, said selector means being provided with cancellation means for annulling a selection;

register means at said location inaccessible to the player following operation thereof to display an initial credit balance, said register means being responsive to said selector means for deducting the wagered amount from said balance;

arithmetic means coupled to said register means and provided with input means inaccessible to the player for actuating said arithmetic means under the control of said selector means, upon an outcome of said event in conformity with the wager, for additively introducing into said register means said wagered amount multiplied by a predetermined odds factor to increase the existing credit balance; and

signaling means inaccessible to the player for disabling said cancellation means for a limited period immediately prior to determination of the outcome of said event.

9. A system as defined in claim 8, further comprising inhibiting means linking said register means with said selector means for preventing entry in the latter of a wagered amount exceeding the existing credit balance.

10. A system as defined in claim 8, further comprising a control station at the site of said event provided with said input means.

11. A system as defined in claim 10, further comprising indicator means at said remote location operable from said control station to signal the outcome of said event.

12. A data-processing system for determining gains and losses from bets on a fortuitous event, comprising:

first selector means at a location remote from the site of said event operable by a player to indicate an amount wagered on the outcome thereof;

second selector means at said location operable by the player to choose one of several types of wagers;

register means at said location inaccessible to the player following operation thereof to display an initial credit balance, said register means being responsive to said first selector means for deducting the wagered amount from sai balance;

calculating means coupled to said second selector means for determining an odds factor from the chosen type of wager;

arithmetic means coupled to said register means and to said calculating means, said arithmetic means being provided with input means inaccessible to the player for actuating said arithmetic means under the control of said first selector means, upon an outcome of said event in conformity with the wager, for additively introducing into said register means said wagered amount multiplied by said odds factor to increase the existing credit balance;

a control station at the site of said event provided with said input means;

cancellation means coupled to said first and second selector means for annulling a selection; and

signaling means operable exclusively from said control station for disabling said cancellatiOn means for a limited period immediately preceding determination of the outcome of said event.

13. A system as defined in claim 12, further comprising inhibiting means linking said register means with said first selector means for preventing entry in the latter of a wagered amount exceeding the existing credit balance.

14. A data-processing system for determining gains and losses from bets placed on a fortuitous event, comprising:

a plurality of playing stations remote from the site of said event;

numerical selector means individual to a player at each of said playing stations, said selector means being operable by the respective player to indicate an amount wagered on the outcome thereof;

register means at each of said playing stations individual to the respective player and inaccessible to such player following the operation thereof to display an initial credit balance, said register means being responsive to said selector means for deducting the wagered amount from said balance;

a central control station common to all said playing stations;

arithmetic means individual to each playing station coupled to said register means thereof;

input means at said control station common to all said arithmetic means for actuating same under the control of the respective selector means, upon an outcome of said event in conformity with the wager, for additively introducing into said register means the wagered amount indicated by the associated selector means multiplied by a predetermined odds factor;

individual cancellation means at each playing station normally operable by the respective player for annulling a selection; and

signaling means common to all said selector means and operable exclusively from said control station for disabling said cancellation means at each playing station for a limited period immediately preceding determination of the outcome of said event.

15. A data-processing system for determining gains and losses from bets placed on a fortuitous event, comprising:

numerical selector means at a location remote from the site of said event operable by a player to indicate an amount wagered on the outcome thereof;

register means at said location inaccessible to the player following operation thereof to display an initial credit balance, said register means being responsive to said selector means for deducting the wagered amount from said balance;

arithmetic means coupled to said register means and provided with input means inaccessible to the player for actuating said arithmetic means under the control of said selector means, upon an outcome of said event in conformity with the wager, for additively introducing into said register means said wagered amount multiplied by a predetermined odds factor to increase the existing credit balance; and

signaling means inaccessible to the player for making said selector means ineffectual for a limited period immediately preceding determination of the outcome of said event.

16. A system as defined in claim 15, further comprising inhibiting means linking said register means with said selector means for preventing entry in the latter of a wagered amount exceeding the existing credit balance.

17. A system as defined in claim 15, further comprising a control station at the site of said event provided with said input means.

18. A system as defined in claim 17, further comprising indicator means at said remote location operable from said control station to signal the outcome of said event.

19. A data-processing system for determining gains and losses from bets placed on a fortuitous event, comprising:

first selector means at a location remote from the site of said event operable by a player to indicate an amount wagered on the outcome thereof;

second selector means at said location operable by the player to choose one of several types of wager;

register means at said location inaccessible to the player following operation thereof to display An initial credit balance, said register means being responsive to said first selector means for deducting the wagered amount from said balance;

calculating means coupled to said second selector means for determining an odds factor from the chosen type of wager;

arithmetic means coupled to said register means and to said calculating means, said arithmetic means being provided with input means inaccessible to the player for actuating said arithmetic means under control of said first selector means, upon an outcome of said event in conformity with the wager, for additively introducing into said register means said wagered amount multiplied by said odds factor to increase the existing credit balance;

a control station at the site of said event provided with said input means; and

signaling means operable exclusively from said control station for making said first and second selector means ineffectual for a limited period immediately preceding determination of the outcome of said event.

20. A system as defined in claim 19, further comprising inhibiting means linking said register means with said first seletor means for preventing entry in he latter of a wagered amount exceeding the existing credit balance.

21. A data processing system for determining gains and losses from bets placed on a fortuitous event, comprising:

a plurality of playing stations remote from the site of said event;

numerical selector means individual to a player at each of said playing stations, said selector means being operable by the respective player to indicate an amount wagered on the outcome thereof;

register means at each of said playing stations individual to the respective player and inaccessible to such player following the operation thereof to display an initial credit balance, said register means being responsive to said selector means for deducting the wagered amount from said balance;

a central control station common to all said playing stations;

arithmetic means individual to each playing station coupled to said register means thereof;

input means at said control station common to all said arithmetic means for actuating same under the control of the respective selector means, upon an outcome of said event in conformity with the wager, for additively introducing into said register means the wagered amount indicated by the associated selector means multiplied by a predetermined odds factor;

individual cancellation means at each playing station normally operably by the respective player for annulling a selection; and

signaling means common to all said selector means and operable exclusively from said control station for making said selector means ineffectual for a limited period immediately preceding determination of the outcome of said event.