Methods and systems for conducting games of chance
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United States of America Patent
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May 3, 2016
Issued Date -
N/A
app pub date -
Jul 5, 2013
filing date -
Jul 5, 2012
priority date (Note) -
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status (Latency Note)
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Abstract
A computer-implemented method that includes programming a computer machine to perform the steps of: providing game slips to game players, where each games slip has game options and one of the game options is a first game option that includes a non-verified outcome of an event; receiving the game slips that include selected game options where one selected game option includes the first game option; determining odds of the first game option based on: 1-P, where P is the probability of a verified outcome of the event, a financial criterion of the game provider, and the selected game options; providing and receiving acceptance of the odds; determining whether the event has resulted in the verified outcome or the non-verified outcome; and determining, for each game player that selected the first game option, a prize based on the accepted odds when the event results in a non-verified outcome.
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