Method of using non-monetary chattel in gaming machines
View Patent ↗The invention described herein includes a system for playing a game on a gaming machine using non-monetary chattel. The system includes a bank for storing, depositing, and withdrawing non-monetary chattel based upon play outcome on the gaming machine. The system also includes a mechanism for relaying data regarding the non-monetary chattel between the bank and the gaming machine; and redemption mechanism for converting the non-monetary chattel in the bank to an exchange medium.
1. A system for playing a game on a gaming machine, comprising:
a clearing house for exchanging multiple types of non-monetary chattel and gaming establishment points according to rules of the clearing house, the gaming establishment points establishing a standardized single point system for use as bets on the gaming machine based on conversion rates between the non-monetary chattel and gaming establishment points;
a player account stored in a database and including gaming establishment points available to a player for betting, the available points based in part upon play outcome on the gaming machine using at least a portion of the gaming establishment points as a bet and exchanges using the clearing house;
a mechanism for relaying data regarding the balance of gaming establishment points between the player account and the gaming machine for use in the gaming machine by the player; and
a converter configured to convert gaming establishment points won on the gaming machine by the player into a first type of non-monetary chattel.
2. The system of claim 1 , wherein the player account includes an account identification associated with the first type of non-monetary chattel.
3. The system of claim 1 , further comprising storing an award tracking number associated with the gaming establishment points won on the gaming machine.
4. The system of claim 3 , further comprising a redemption terminal configured to:
receive the award tracking number; and
verify the authenticity of the award tracking number before converting the gaming establishment points won on the gaming machine into the first type of non-monetary chattel.
5. The system of claim 1 , further comprising a central controller configured to transmit information associated with the conversion of the gaming establishment points won into the first type of non-monetary chattel to a non-monetary chattel tracking system associated with the first type.
6. The system of claim 1 , wherein the conversion rates are based on a vendor of non-monetary chattel.
7. The system of claim 1 , wherein the conversion rates are based on clearing houses dealing in non-monetary chattel.
8. A method for playing a game on a gaming machine, comprising:
exchanging multiple types of non-monetary chattel and gaming establishment points according to rules of a clearing house, the gaming establishment points establishing a standardized single point system for use as bets on the gaming machine based on conversion rates;
storing a player account in a database, the player account including gaming establishment points and non-monetary chattel available to a player for betting, the available points based in part upon play outcome on the gaming machine using at least a portion of the gaming establishment points as a bet and exchanges of the clearing house; and
converter configured to convert gaming establishment points won on the gaming machine by the player into a first type of non-monetary chattel.
9. The method of claim 8 , wherein the player account includes an account identification associated with the first type of non-monetary chattel.
10. The method of claim 8 , further comprising storing an award tracking number associated with the gaming establishment points won on the gaming machine.
11. The method of claim 10 , further comprising:
receiving the award tracking number; and
verifying the authenticity of the award tracking number before converting the gaming establishment points won on the gaming machine into the first type of non-monetary chattel.
12. The method of claim 8 , further comprising transmitting information associated with the conversion of the gaming establishment points won into the first type of non-monetary chattel to a non-monetary chattel tracking system associated with the first type.
13. The method of claim 8 , wherein the conversion rates are based on a vendor of non-monetary chattel.
14. The method of claim 8 , wherein the conversion rates are based on clearing houses dealing in non-monetary chattel.
15. A non-transitory computer-readable storage medium comprising instructions, which when executed by at least one processors, cause the least one processor to perform operations comprising:
exchanging multiple types of non-monetary chattel and gaming establishment points according to rules of a clearing house, the gaming establishment points establishing a standardized single point system for use as bets on a gaming machine based on conversion rates;
storing a player account in a database, the player account including gaming establishment points available to a player for betting, the available points based in part upon play outcome on the gaming machine using at least a portion of the gaming establishment points as a bet and exchanges of the clearing house; and
converter configured to convert gaming establishment points won on the gaming machine by the player into a first type of non-monetary chattel.
16. The non-transitory computer-readable storage medium of claim 15 , wherein the player account includes an account identification associated with the first type of non-monetary chattel.
17. The non-transitory computer-readable storage medium of claim 15 , the operations further comprising storing an award tracking number associated with the gaming establishment points won on the gaming machine.
18. The non-transitory computer-readable storage medium of claim 17 , the operations further comprising:
receiving the award tracking number; and
verifying the authenticity of the award tracking number before converting the gaming establishment points won on the gaming machine into the first type of non-monetary chattel.
19. The non-transitory computer-readable storage medium of claim 15 , the operations further comprising transmitting information associated with the conversion of the gaming establishment points won into the first type of non-monetary chattel to a non-monetary chattel tracking system associated with the first type.
20. The non-transitory computer-readable storage medium of claim 15 , wherein the conversion rates are based on a vendor of non-monetary chattel.