Progressive jackpot system accelerating increment rate of jackpot value

Number of patents in Portfolio can not be more than 2000

United States of America Patent

PATENT NO 8303401
APP PUB NO 20080153587A1
SERIAL NO

11616262

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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A progressive jackpot (PJP) system of the invention increments two types of jackpot values. A PJP controller increments a first jackpot value by a percentage of each bet placed on gaming machines. The increment rate of the first jackpot value is predetermined from a payout percentage of the PJP system. A second jackpot value is incremented at a higher rate than the first jackpot value. Each gaming machine or the PJP controller may increment the second jackpot value. The actual amount of an award for a jackpot corresponds to the second jackpot value. The second jackpot value is reduced at appropriate intervals, even if no jackpot has been won. Preferably, the probability of the reduction of the second jackpot value is adjusted, and thereby, the average difference between the first and second jackpot values at the time a jackpot has been won is adjusted to be zero.

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Patent Owner(s)

Patent OwnerAddress
KONAMI GAMING INCORPORATED585 TRADE CENTER DRIVE LAS VEGAS NV 89119

International Classification(s)

Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Yoshimura, Toshiyuki Zama, JP 13 422

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