Method and system for facilitating monetary value gaming ticket redemption

1. A method of facilitating coinless redemption of a physical monetary value gaming system ticket, comprising the steps of:

receiving, into a reader device at a redemption kiosk, the physical monetary value gaming system ticket for redemption, the physical monetary value gaming system ticket issued from a gaming machine and having an associated monetary value;

validating the physical monetary value gaming system ticket as being redeemable;

determining the monetary value of the physical monetary value gaming system ticket;

when the monetary value of the physical monetary value gaming system ticket issued from the gaming machine and presented at the redemption kiosk comprises a monetary amount having a fractional currency value:

utilizing the redemption kiosk to automatically enter the fractional currency value of the monetary value as a fee to enter a game;

redeeming the physical monetary value gaming system ticket by dispensing from the redemption kiosk currency in a first whole currency value comprising the monetary value less the fractional currency value; and

additionally dispensing from the redemption kiosk an award ticket representing an outcome of the game;

and

when the monetary value of the physical monetary value gaming system ticket issued from the gaming machine and presented at the redemption kiosk does not comprise a monetary amount having a fractional currency value, dispensing from the redemption kiosk currency in the amount of the monetary value without entering the player in the game.

2. The method in accordance with claim 1 , wherein the game comprises a wheel segment selection event.

3. The method in accordance with claim 2 , wherein the wheel has a plurality of segments, wherein one or more of the segments have at least one award associated therewith, and wherein the award ticket represents an award associated with a segment selected in the wheel segment selection event.

4. The method in accordance with claim 1 , wherein the fractional currency value comprises a number of cents of a dollar.

5. The method in accordance with claim 1 , further comprising presenting the game at the redemption kiosk comprising displaying game information on a video display associated with the redemption kiosk.

6. The method in accordance with claim 1 , wherein an outcome of the game is determined by a remote gaming device.

7. The method in accordance with claim 6 , wherein the remote gaming device comprises a remote game server.

8. The method in accordance with claim 1 , wherein the award ticket is redeemable for an award when the outcome of the game is winning.

9. The method in accordance with claim 8 , wherein the award comprises at least one of: monetary value, points, credits and a physical prize.

10. A method of facilitating coinless redemption of a physical monetary value gaming system ticket, comprising the steps of:

receiving, into a reader device at a redemption kiosk, the physical monetary value gaming system ticket for redemption, the physical monetary value gaming system ticket issued from a gaming machine and having an associated monetary value;

validating the physical monetary value gaming system ticket as being redeemable;

determining the monetary value of the physical monetary value gaming system ticket;

receiving, at the redemption kiosk, information regarding an identity of a player;

when the monetary value of the physical monetary value gaming system ticket issued from the gaming machine and presented at the redemption kiosk comprises a monetary amount having a fractional currency value:

utilizing the redemption kiosk to automatically enter the fractional currency value as a fee to enter a game;

redeeming the physical monetary value gaming system ticket by dispensing from the redemption kiosk currency in a first whole currency value comprising the monetary value less the fractional currency value; and

associating, if an outcome of the game is winning, an award for the game with a player tracking account associated with the player that is identified using the information regarding the identity of the player;

and

when the monetary value of the physical monetary value gaming system ticket issued from the gaming machine and presented at the redemption kiosk does not comprise a monetary amount having a fractional currency value, dispensing from the redemption kiosk currency in the amount of the monetary value without entering the player in the game.

11. The method in accordance with claim 10 , wherein the step of receiving information regarding the identity of the player comprises receiving a card into a card reader of the redemption kiosk and reading information from the card.

12. The method in accordance with claim 10 , wherein the game comprises a wheel segment selection event.

13. The method in accordance with claim 10 , wherein the fractional currency value comprises a number of cents of a dollar.

14. The method in accordance with claim 10 , wherein an outcome of the game is determined by a remote game server.

15. The method in accordance with claim 10 , wherein the award comprises at least one of: monetary value, points, and credits.

16. The method in accordance with claim 10 , further comprising displaying information regarding the game via at least one video display of the redemption kiosk.

17. A cashless gaming system configured to facilitate coinless monetary value ticket redemption comprising:

at least one gaming device which presents one or more wagering games and dispenses physical monetary value tickets;

at least one casino accounting server which is in communication with the at least one gaming device at one or more times, the at least one casino accounting server configured to store information regarding the physical monetary value tickets, including a ticket identifier and a monetary value of the monetary-value tickets;

a player tracking system configured to store information regarding player accounts, the player accounts linked to player identity information;

at least one redemption kiosk having at least one ticket reader, at least one display device, at least one user input device, at least one currency dispensing device, at least one processor, at least one memory, and machine-readable code stored in the memory and executable by the processor to:

transmit information regarding a monetary value ticket presented to the at least one ticket reader to the at least one casino accounting server for validation;

receive information regarding an identity of the player;

transmit the information regarding the identity of the player to the player tracking system for use in identifying a player account associated with the player;

when the monetary value ticket is validated by the at least one casino accounting server and a monetary value of the monetary value ticket has a fractional monetary value of currency:

utilize the redemption kiosk to automatically enter the fractional currency value as an entry fee to a game;

redeem the monetary value ticket by dispensing from the redemption kiosk currency in a first whole currency value comprising the monetary value less the fractional currency value;

and

when the monetary value of the monetary value ticket issued from the gaming machine and presented at the redemption kiosk does not comprise a monetary amount having a fractional currency value, dispensing from the redemption kiosk currency in the amount of the monetary value without entering the player in the game.

18. The system in accordance with claim 17 , further comprising storing information regarding an award for a winning outcome of the game in association with the player account.

19. The system in accordance with claim 17 , wherein the award comprises at least one of: monetary value, points, and credits.

20. The system in accordance with claim 17 , wherein the step of receiving information regarding an identity of the player comprises reading, from a card inserted into a card reader of the redemption kiosk, the information regarding the identity of the player.