System and method for jackpot wagering
US7857697B2 · kind B2 · utility
Assignee
Inventor
Key dates
| Filing date | Oct 27, 2003 |
| Grant date | Dec 28, 2010 |
| Priority date | — |
| Expiry date | Mar 31, 2027 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG07F17/3286
- WIPO fieldControl
- WIPO sectorInstruments
Abstract
A jackpot wagering system (1) includes a player terminal (3) operable by a player to place a wager on a number of games of chance a random event generator (8) that generates random events upon which outcomes of the games of chance are based, and a determination facility that determines the quantum of a prize that is available to be won by a player upon the occurrence of a favorable outcome of the game of chance. The quantum of the prize is determined as a function of the size of the player's wager and the maximum limit of the wager. The player's wager is subject to a maximum limit and a portion of each wager is accumulated in an accumulation account as a jackpot prize. The contents of the accumulation account are denominated in a base currency that is selected to be a strongest one of the playing currencies.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.