CA2481554A1 - Method and apparatus for wagering on a random chance event - Google Patents

Method and apparatus for wagering on a random chance event Download PDF

Info

Publication number
CA2481554A1
CA2481554A1 CA002481554A CA2481554A CA2481554A1 CA 2481554 A1 CA2481554 A1 CA 2481554A1 CA 002481554 A CA002481554 A CA 002481554A CA 2481554 A CA2481554 A CA 2481554A CA 2481554 A1 CA2481554 A1 CA 2481554A1
Authority
CA
Canada
Prior art keywords
coin
player
gaming
simulated
final disposition
Prior art date
Legal status (The legal status is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the status listed.)
Pending
Application number
CA002481554A
Other languages
French (fr)
Inventor
Hugo Pimienta
Current Assignee (The listed assignees may be inaccurate. Google has not performed a legal analysis and makes no representation or warranty as to the accuracy of the list.)
Technology Innovation Ltd
Original Assignee
Technology Innovation Ltd
Priority date (The priority date is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the date listed.)
Filing date
Publication date
Application filed by Technology Innovation Ltd filed Critical Technology Innovation Ltd
Publication of CA2481554A1 publication Critical patent/CA2481554A1/en
Pending legal-status Critical Current

Links

Classifications

    • G—PHYSICS
    • G07—CHECKING-DEVICES
    • G07F—COIN-FREED OR LIKE APPARATUS
    • G07F17/00—Coin-freed apparatus for hiring articles; Coin-freed facilities or services
    • G07F17/32—Coin-freed apparatus for hiring articles; Coin-freed facilities or services for games, toys, sports, or amusements
    • G07F17/326—Game play aspects of gaming systems
    • G07F17/3262—Player actions which determine the course of the game, e.g. selecting a prize to be won, outcome to be achieved, game to be played
    • G—PHYSICS
    • G07—CHECKING-DEVICES
    • G07F—COIN-FREED OR LIKE APPARATUS
    • G07F17/00—Coin-freed apparatus for hiring articles; Coin-freed facilities or services
    • G07F17/32—Coin-freed apparatus for hiring articles; Coin-freed facilities or services for games, toys, sports, or amusements

Abstract

The invention comprises a gaming environment that enables players to wager o n the final disposition of a random chance event, such as the outcome of a simulated coin flip, the roll of a dice, or any other random chance event. T he player sets a wager (102), registers an anticipated prediction such as heads or tails of the simulated coin flip (104), and then initiates the flipping o f the coin via a gaming interface that is connected to a gaming engine (106). The player wins when the gaming engine determines that the registered anticipated outcome is the same as the final disposition of the coin (108). When the player wins the player receives an increase in the player's account balance equal to a certain percentage of the wagered amount minus any game f ee (112, 114, 116). In the event that the registered prediction differs from th e final disposition of the coin, the entire wagered amount is subtracted from the account balance (110). The random number generator provides players with odds akin to that of an actual coin flip. Thus, the odds of winning in accordance with one embodiment of the invention are mathematically fifty percent each time the user flips the simulated coin.
CA002481554A 2001-01-22 2002-01-22 Method and apparatus for wagering on a random chance event Pending CA2481554A1 (en)

Applications Claiming Priority (2)

Application Number Priority Date Filing Date Title
US26339601P 2001-01-22 2001-01-22
PCT/US2002/001728 WO2002056981A2 (en) 2001-01-22 2002-01-22 Method and apparatus for wagering on a random chance event

Publications (1)

Publication Number Publication Date
CA2481554A1 true CA2481554A1 (en) 2002-07-25

Family

ID=23001611

Family Applications (1)

Application Number Title Priority Date Filing Date
CA002481554A Pending CA2481554A1 (en) 2001-01-22 2002-01-22 Method and apparatus for wagering on a random chance event

Country Status (5)

Country Link
US (1) US20030027629A1 (en)
EP (1) EP1363711A2 (en)
AU (1) AU2002241938A1 (en)
CA (1) CA2481554A1 (en)
WO (1) WO2002056981A2 (en)

Cited By (2)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
CN110471644A (en) * 2019-08-12 2019-11-19 北京中创为量子通信技术有限公司 Post-processing approach, device and the quantum random number generator of quantum random number
US20200082673A1 (en) * 2018-09-06 2020-03-12 Howard Schultz Coin Toss Gaming Machine

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US8360857B2 (en) * 1997-06-23 2013-01-29 Igt Systems, methods and apparatus for facilitating a flat rate play session on a gaming device and example player interfaces to facilitate such
US8172671B2 (en) * 2002-04-19 2012-05-08 Walker Digital, Llc Method and apparatus for facilitating play of a gaming device
US7874914B2 (en) * 1996-12-30 2011-01-25 Igt System and method for communicating game session information
US7140964B2 (en) * 1997-06-23 2006-11-28 Walker Digital, Llc Gaming device for a flat rate play session and a method of operating same
AU2003228616A1 (en) * 2002-04-19 2003-11-03 Walker Digital, Llc Method for employing flat rate play
AU2003231066A1 (en) 2002-04-22 2003-11-03 Walker Digital, Llc Gaming method and apparatus for employing negative outcomes
US7815503B2 (en) 2003-02-26 2010-10-19 Igt Method and apparatus for play of a game with negative outcomes
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US20040176157A1 (en) * 2003-03-04 2004-09-09 Walker Jay S. Method and apparatus for early termination of a game
US8182328B2 (en) * 2003-06-25 2012-05-22 Odom James M Method of lottery wagering on real-world events
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US20050187019A1 (en) * 2004-02-20 2005-08-25 Rasmussen James M. Gaming machine with an electromechanical coin sound simulator
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US7666090B2 (en) * 2005-01-25 2010-02-23 Igt Method of leasing a gaming machine for a percentage of a net win amount
US7890365B2 (en) * 2005-01-25 2011-02-15 Igt Method of leasing a gaming machine for a flat fee amount
US7908169B2 (en) * 2005-01-25 2011-03-15 Igt Method of leasing a gaming machine for a percentage of a total coin-in amount
US20060247047A1 (en) * 2005-04-14 2006-11-02 Mitchell Michael J Universal button module
US20080045329A1 (en) * 2006-08-10 2008-02-21 Wilson Tammy L Method of using a win enhancer requiring player involvement
AU2012202862B2 (en) * 2008-01-21 2015-07-23 Aristocrat Technologies Australia Pty Limited A method of gaming, a game controller and a gaming system
AU2009200220B2 (en) * 2008-01-21 2012-02-16 Aristocrat Technologies Australia Pty Limited A method of gaming, a game controller and a gaming system
US20090253478A1 (en) * 2008-04-04 2009-10-08 Walker Jay S Group session play
WO2009152828A1 (en) * 2008-06-16 2009-12-23 Neurosoft S.A. System and method to improve risk management in fixed odds sports betting
US8157643B1 (en) * 2009-05-06 2012-04-17 Toan Phan Digital gaming chip counter
US20110165541A1 (en) * 2010-01-02 2011-07-07 Yong Liu Reviewing a word in the playback of audio data
BR112014002754A2 (en) * 2011-08-04 2017-02-21 Minkovitch Zvi method, system and apparatus for managing a football match
TWI711481B (en) * 2012-11-19 2020-12-01 美商Ｃｆｐｈ有限責任公司 Amusement devices and games involving progressive jackpots
US9889367B2 (en) 2013-03-18 2018-02-13 Zvi Minkovitch Sports match refereeing system

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Cited By (4)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US20200082673A1 (en) * 2018-09-06 2020-03-12 Howard Schultz Coin Toss Gaming Machine
US10713898B2 (en) * 2018-09-06 2020-07-14 Howard Schultz Coin toss gaming machine
CN110471644A (en) * 2019-08-12 2019-11-19 北京中创为量子通信技术有限公司 Post-processing approach, device and the quantum random number generator of quantum random number
CN110471644B (en) * 2019-08-12 2021-10-22 北京中创为量子通信技术有限公司 Post-processing method and device for quantum random number and quantum random number generator

Also Published As

Publication number Publication date
WO2002056981A3 (en) 2003-03-13
EP1363711A2 (en) 2003-11-26
AU2002241938A1 (en) 2002-07-30
US20030027629A1 (en) 2003-02-06
WO2002056981A2 (en) 2002-07-25

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