Gaming system and method with accumulating equity

1. A gaming system comprising:

at least one processor;

and

at least one memory device which stores a plurality of instructions, which when executed by the at least one processor, cause the at least one processor to:

cause a display, by a display device, of a credit meter displaying an amount of credits;

for a play of a game responsive to an input from a player of a designated wager amount on the play of the game:

randomly determine a game outcome from a plurality of different game outcomes,

cause a display, by the display device, of the determined game outcome,

determine a game award associated with the displayed game outcome, and

increment the credit meter by any determined game award having a value greater than zero;

in addition to the credit meter, maintain an amount of equity for the player, said amount of maintained equity being distinct from said credit meter and said equity being maintained by:

accumulating an amount of equity for the player based on the designated wager amount, wherein different designated wager amounts cause an accumulation of different amounts of equity, and

at periodic time intervals, reducing an amount of any accumulated equity for the player; and

responsive to a triggering event occuring:

determine whether at least a designated amount of equity is maintained for the player,

responsive to the determination being that at least the designated amount of equity is maintained for the player, cause a display, by the display device, of an award associated with the occurrence of the triggering event, said displayed award being based, at least in part, on the amount of equity maintained for the player, and

responsive to the determination being that at least the designated amount of equity is not maintained for the player, not determine, in association with the occurrence of the triggering event, any award based on any amount of equity maintained for the player.

2. The gaming system of claim 1 , wherein the periodic time intervals are designated predetermined time intervals.

3. The gaming system of claim 1 , wherein when executed by the at least one processor, the plurality of instructions cause the at least one processor to cause a display, by the display device, of an amount of time remaining until the equity balance is reduced to the designated equity balance.

4. The gaming system of claim 1 , wherein a first award is displayed responsive to a first amount of equity being maintained for the player when the triggering event occurs and a second, different award is displayed responsive to a second, different amount of equity being maintained for the player when the triggering event occurs.

5. The gaming system of claim 1 , wherein a first time interval is associated with a reduction of a first amount of any accumulated equity for the player and a second, different time interval is associated with a reduction of a second, different amount of any accumulated equity for the player.

6. The gaming system of claim 1 , wherein the display device comprises part of a mobile device.

7. The gaming system of claim 6 , wherein when executed by the at least one processor, the plurality of instructions cause the at least one processor to communicate with the mobile device via a wireless network.

8. A gaming system comprising:

at least one processor;

and

at least one memory device which stores a plurality of instructions, which when executed by the at least one processor, cause the at least one processor to:

cause a display, by a display device, of a credit meter displaying an amount of credits;

for each play of a plurality of plays of a game:

receive a designation from a player to place one of a plurality of different wager amounts on said play of the game;

randomly determine a game outcome from a plurality of different game outcomes,

cause a display, by the display device, of the determined game outcome,

determine a game award associated with the displayed game outcome, and

increment the credit meter by any determined game award having a value greater than zero;

in addition to the credit meter, maintain an amount of equity for the player, said amount of maintained equity being distinct from said credit meter and said equity being maintained by:

accumulating an amount of equity for the player based on each of the wager amounts placed on each of the plurality of plays of the game, wherein different wager amounts placed cause an accumulation of different amounts of equity, and

at periodic time intervals, reducing an amount of any accumulated equity for the player; and

responsive to a triggering event occurring:

determine whether at least a designated amount of equity is maintained for the player,

responsive to the determination being that at least the designated amount of equity is maintained for the player, cause a display, by the display device, of an award associated with the occurrence of the triggering event, said displayed award being based, at least in part, on the amount of equity maintained for the player, and

responsive to the determination being that at least the designated amount of equity is not maintained for the player, not determine, in association with the occurrence of the triggering event, any award based on any amount of equity maintained for the player.

9. The gaming system of claim 8 , wherein the periodic time intervals are designated predetermined time intervals.

10. The gaming system of claim 8 , wherein when executed by the at least one processor, the plurality of instructions cause the at least one processor to cause a display, by the display device, of an amount of time remaining until the equity balance is reduced to the designated equity balance.

11. The gaming system of claim 8 , wherein a first award is displayed responsive to a first amount of equity being maintained for the player when the triggering event occurs and a second, different award is displayed responsive to a second, different amount of equity being maintained for the player when the triggering event occurs.

12. The gaming system of claim 8 , wherein a first time interval is associated with a reduction of a first amount of any accumulated equity for the player and a second, different time interval is associated with a reduction of a second, different amount of any accumulated equity for the player.

13. The gaming system of claim 8 , wherein the display device comprises part of a mobile device.

14. The gaming system of claim 13 , wherein when executed by the at least one processor, the plurality of instructions cause the at least one processor to communicate with the mobile device via a wireless network.

15. A gaming system comprising:

at least one processor;

and

at least one memory device which stores a plurality of instructions, which when executed by the at least one processor, cause the at least one processor to:

(a) receive a designation from a player to place one of a plurality of different wager amounts on a play of a game;

(b) separate from any occurrence of any triggering event, increase an equity balance based on the placed wager amount;

(c) at periodic time intervals, decrease the equity balance; and

(d) when a triggering event occurs:

determine whether the equity balance is at least a designated equity balance,

(ii) responsive to the determination being that the equity balance is at least the designated equity balance:

(A) determine an award associated with the occurrence of the triggering event, wherein said determination is based, at least in part, on the equity balance when the triggering event occurs, and

(B) cause a display, by a display device, of the determined award associated with the occurrence of the triggering event, and

(iii) responsive to the determination being that the equity balance is not at least the designated equity balance, not determine, in association with the occurrence of the triggering event, any award based on any equity balance.

16. The gaming system of claim 15 , wherein when executed by the at least one processor, the plurality of instructions cause the at least one processor to repeat (a) to (b) at least once.

17. The gaming system of claim 15 , wherein the periodic time intervals are designated predetermined time intervals.

18. The gaming system of claim 15 , wherein when executed by the at least one processor, the plurality of instructions cause the at least one processor to cause a display, by the display device, of an amount of time remaining until the equity balance is reduced to the designated equity balance.

19. The gaming system of claim 15 , wherein a first award is determined responsive to the equity balance being a first equity balance when the triggering event occurs and a second, different award is determined responsive to the equity balance being a second, different equity when the triggering event occurs.

20. The gaming system of claim 15 , wherein a first time interval is associated with a first decrease of the equity balance and a second, different time interval is associated with a second, different decrease of the equity balance.

21. The gaming system of claim 15 , wherein the display device comprises part of a mobile device.

22. The gaming system of claim 21 , wherein when executed by the at least one processor, the plurality of instructions cause the at least one processor to communicate with the mobile device via a wireless network.

23. A gaming system comprising:

at least one processor;

and at least one memory device which stores a plurality of instructions, which when executed by the at least one processor, cause the at least one processor to:

receive a designation from a player to place a wager on a play of a game;

for the wager placed on the play of the game, increase an equity balance, said equity balance being distinct from a credit meter;

for the play of the game:

randomly determine a game outcome from a plurality of different game outcomes,

cause a display, by a display device, of the determined game outcome,

determine a game award associated with the displayed game outcome, and

increment the credit meter by any determined game award having a value greater than zero;

at periodic time intervals, reduce the equity balance;

responsive to a triggering event occurring at a first point in time when the equity balance is associated with a first amount of equity, cause a display, by the display device, of a first award associated with the occurrence of the triggering event at the first point in time, said first award determined based, at least in part, on the first amount of equity; and

responsive to the triggering event occurring at a second, different point in time when the equity balance is associated with a second, different amount of equity, cause a display, by the display device, of a second award associated with the occurrence of the triggering event at the second point in time, said second award determined based, at least in part, on the second amount of equity.

24. The gaming system of claim 23 , wherein when executed by the at least one processor, the plurality of instructions cause the at least one processor to cause a display, by the display device, of an amount of time remaining until the equity balance is reduced to a designated equity balance.

25. The gaming system of claim 24 , wherein when executed by the at least one processor, the plurality of instructions cause the at least one processor to cause a display, by the display device, of the amount of time remaining by displaying a quantity of available plays of the game.

26. The gaming system of claim 23 , wherein responsive to the wager being a first amount, the equity balance increases by a first amount and responsive to the wager being a second, different amount, the equity balance increases by a second, different amount.

27. The gaming system of claim 23 , wherein a first time interval is associated with a first decrease of the equity balance and a second, different time interval is associated with a second, different decrease of the equity balance.

28. The gaming system of claim 23 , wherein the display device comprises part of a mobile device.

29. The gaming system of claim 28 , wherein when executed by the at least one processor, the plurality of instructions cause the other at least one processor to communicate with the mobile device via a wireless network.