IP Library Granted Patent US 7,867,079
Granted Patent B2
US 7,867,079 · App. 10/550,744 · Granted Jan 11, 2011

Promotion administration system and method

Assignee: Waterleaf Limited
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Quick Facts
Patent No.
US 7,867,079
App. No.
10/550,744
Granted
Jan 11, 2011
Kind
B2
Abstract

A system for administering promotions in which a player is awarded promotion credit to be consumed in wagering activities includes a credit administration facility that maintains a player credit account, and a display means capable of displaying a composition of the player credit account on a display means. The promotion credit is either one or both of a priori and a posteriori promotion credit. The credit administration facility automatically determines the composition of the player credit account as a function of any credit purchases made by the player, wagers made by the player and their corresponding payouts, and any promotion credit awarded to the player.

Claims (19)

1. A system comprising:

a credit administration facility for administering any a priori promotion credit and any a posteriori credit associated with a player account, the credit administration facility being operable to compute:

(i) a total balance of the player account as a function of wagers made by the player on house edge services, in which a house acts as a banker, and wagers made by the player on peer-to-peer services, in which the house does not act as a banker but levies a transaction charge;

(ii) play through achieved for the any a priori promotion credit;

(iii) play through achieved for the any a posteriori promotion credit; and

(iv) a cashable portion of the total balance, wherein the cashable portion is affected by play through achieved for the any a priori promotion credit in accordance with a first play through requirement and by play through achieved for the any a posteriori promotion credit in accordance with a second play through requirement.

2. The system of claim 1 , wherein winnings arising from wagers made with the any a priori promotion credit contribute to the cashable portion when the first play through requirement is met.

3. The system of claim 2 , wherein the any a priori promotion credit does not contribute to the cashable portion at any time.

4. The system of claim 1 , wherein the any a priori promotion credit progressively contributes to the cashable portion as a function of wagers made by the player on house edge services.

5. The system of claim 1 , wherein the any a posteriori promotion credit contributes to the cashable portion when the second play through requirement is met.

6. A method comprising:

a server computer computing a total balance of a player account as a function of wagers made by the player on house edge services, in which a house acts as banker, and wagers made by the player on peer-to-peer services, in which the house does not act as banker but levies a transaction charge;

the server computer computing play through achieved for any a priori promotion credit associated with the player account;

the server computer computing play through achieved for any a posteriori promotion credit associated with the player account; and

the server computer computing a cashable portion of the total balance, wherein the cashable portion is affected by play through achieved for the any a priori promotion credit in accordance with a first play through requirement and by play through achieved for the any a posteriori promotion credit in accordance with a second play through requirement.

7. The method of claim 6 , wherein winnings arising from wagers made with the any a priori promotion credit contribute to the cashable portion when the first play through requirement is met.

8. The method of claim 7 , wherein the any a priori promotion credit does not contribute to the cashable portion at any time.

9. The method of claim 6 , wherein the any a priori promotion credit progressively contributes to the cashable portion as a function of wagers made by the player on house edge services.

10. The method of claim 6 , wherein the any a posteriori promotion credit contributes to the cashable portion when the second play through requirement is met.

Assignments (3)
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Jan 23, 2026
From: CORK GROUP TRADING LIMITED
To: FUSION HOLDINGS LIMITED
Reel/Frame 073569/0402 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded May 10, 2012
From: WATERLEAF LIMITED
To: CORK GROUP TRADING LTD.
Reel/Frame 028191/0731 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Aug 24, 2006
From: GOVENDER, DEVAN; VERARDI, FRANCESCO
To: WATERLEAF LIMITED
Reel/Frame 018164/0001 →
Priority Claims (2)
GB 0420079.6 · Sep 10, 2004 · national
GB 0423259.1 · Oct 20, 2004 · national
Continuity (1)
Related Publication 20070060303A1 · Mar 15, 2007