IP Library Patent Application 14218248
Patent Application
App. No. 14/218,248

WAGERING SYSTEM WITH DIFFERENTIAL COMMISSIONS

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Quick Facts
Patent No.
US None
App. No.
14/218,248
Abstract

A wagering system having a processor operatively connected to a random number generator that has a wagering base with at least first and second different information that is each accessed by an input wager. The random number generator is configured so that a probability of accessing the first information through an input wager is higher than a probability of accessing the second information. The processor is programmed to identify: a) one return for an input wager that accesses the first information; and b) a second higher return for an input wager that accesses the second information. The processor is programmed to factor in a higher percentage commission for one of the first and second returns than a percentage commission for the one return.

Claims (15)

1 . A wagering system comprising:

a processor,

the processor operatively connected to a random number generator that has a wagering base,

the wagering base comprising at least first and second different information that is each accessed by an input wager,

the random number generator configured so that a probability of accessing the first information through an input wager is higher than a probability of accessing the second information through an input wager,

the processor programmed to identify: a) one return for an input wager that accesses the first information; and b) a second return for an input wager that accesses the second information,

the second return higher than the one return,

wherein the processor is programmed to factor in a percentage commission in identifying the one and second returns,

where the processor is programmed to factor in a higher percentage commission for the second return than a percentage commission for the one return.

2 . A method of processing returns on wagers that are input to a random number generator to access different information in a wagering base, the method comprising the steps of:

receiving a plurality of input wagers;

processing the input wagers and identifying whether the input wagers access the information in the wagering base; and

identifying returns for first and second input wagers that respectively access first and second different information in the wager base,

the step of identifying a return further comprising factoring in a percentage commission that is different for the returns for the first and second input wagers.

3 . The method of processing returns according to claim 2 wherein a probability of accessing the first and second different information is different for the first and second input wagers.

Assignments (1)
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Oct 25, 2016
From: HERBERT, RICHARD A.
To: HRT-IP, LLC
Reel/Frame 040121/0342 →