Patent · US Active

Method and apparatus for electronic random prize distribution with fixed prize inventory and unknown participant count

US8147321B2 · kind B2 · utility

0Cited by
4References
20Claims
0Family size

Assignee

Inventor

Key dates

Filing dateFeb 8, 2008
Grant dateApr 3, 2012
Priority date
Expiry dateDec 26, 2030

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q30/0209
  • WIPO fieldControl
  • WIPO sectorInstruments

Abstract

A probability of winning at least one of a plurality of prizes for a contest is dynamically adjusted, given a fixed prize inventory and an a priori unknown number of participants. A variable probability is determined by approximately dividing a current number of participants in the contest by a current number of prizes awarded. The variable probability is dynamically adjusted based on a variable probability multiplier, that is obtained by dividing a current number of winners in a predefined time interval by a remaining number of prizes in the predefined time interval. A prize can be awarded based on the adjusted variable probability.

Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.