IP Library › Granted Patent US 11,113,929
Granted Patent B1
US 11,113,929 · App. 16/843,197 · Granted Sep 7, 2021

Integrated gaming system for providing real-time parlay options that satisfy user-supplied parlay parameters

Inventors: Michael Franklin Reeder (Glenbrook, NV); Charles Gregory Plaxton (Austin, TX)
Assignee: HIGH SIERRA FINANCIAL CORP.
G07F17/3262G07F17/3244
View Patent ↗
Loading inventors, assignments & file history…
Monitor This Case
Get email alerts when status or documents change.
Order Certified Copies
Most orders are placed with the USPTO same day — all within 24 business hours.
Order via The Patent Place →
Pre-filled with this patent's details
Quick Facts
Patent No.
US 11,113,929
App. No.
16/843,197
Granted
Sep 7, 2021
Kind
B1
Abstract

Various systems and methods are provided for operating an integrated gaming system that can receive one or more parlay parameters provided by a user of a gaming terminal, determine one or more available parlay options that satisfy the one or more parlay parameters, transmit the one or more available parlay options to the gaming terminal, and receive a parlay selection that corresponds to a parlay option among the one or more available parlay options.

Claims (97)

1. A method comprising:

receiving one or more parlay parameters, wherein

the one or more parlay parameters are provided by a user of a gaming terminal;

determining one or more available parlay options, wherein

the one or more available parlay options satisfy the one or more parlay parameters;

transmitting the one or more available parlay options to the gaming terminal; and

receiving a parlay selection, wherein

the parlay selection corresponds to a parlay option among the one or more available parlay options;

wherein determining the one or more available parlay options comprises:

determining a plurality of event outcomes;

converting a plurality of moneylines corresponding to the plurality of event outcomes, respectively, to a plurality of natural logarithm values, respectively.

2. The method of claim 1 , wherein

the one or more parlay parameters comprise at least one of

an event category,

a ticket price,

a parlay size, and

a ticket win value.

3. The method of claim 1 , wherein

the plurality of event outcomes satisfy the one or more parlay parameters.

4. The method of claim 3 , wherein

the one or more available parlay options are further determined, at least in part, in a manner that satisfies one or more group constraints associated with the plurality of available events.

5. The method of claim 1 , wherein

the determining the one or more available parlay options further comprises adding two or more of the plurality of natural logarithm values to generate a result;

comparing the result to a target natural logarithm.

6. The method of claim 1 , wherein

the determining the one or more available parlay options is performed in less than ten seconds.

7. The method of claim 1 , further comprising

confirming that the parlay selection is valid;

subsequent to the confirming, updating risk information, wherein

the updating is based, at least in part, on the parlay selection; and

subsequent to the confirming, returning a confirmation message to the gaming terminal, wherein

the confirmation message comprises information configured to be used to print a ticket.

8. A system comprising:

a microprocessor; and

a non-transient computer-readable storage medium, comprising computer instructions executable by the microprocessor, wherein the computer instructions are configured to perform a method comprising:

receiving one or more parlay parameters, wherein

the one or more parlay parameters are provided by a user of a gaming terminal;

determining one or more available parlay options, wherein

the one or more available parlay options satisfy the one or more parlay parameters;

transmitting the one or more available parlay options to the gaming terminal; and

receiving a parlay selection, wherein

the parlay selection corresponds to a parlay option among the one or more available parlay options;

wherein determining the one or more available parlay options comprises:

determining a plurality of event outcomes;

converting a plurality of moneylines corresponding to the plurality of event outcomes, respectively, to a plurality of natural logarithm values, respectively.

9. The system of claim 8 , wherein

the one or more parlay parameters comprise at least one of

an event category,

a ticket price,

a parlay size, and

a ticket win value.

10. The system of claim 8 , wherein

the plurality of event outcomes satisfy the one or more parlay parameters.

11. The system of claim 10 , wherein

the one or more available parlay options are further determined, at least in part, in a manner that satisfies one or more group constraints associated with the plurality of available events.

12. The system of claim 8 , wherein

the determining the one or more available parlay options further comprises adding two or more of the plurality of natural logarithm values to generate a result;

comparing the result to a target natural logarithm.

13. The system of claim 8 , wherein

the determining the one or more available parlay options is performed in less than ten seconds.

14. The system of claim 8 , wherein the method further comprises:

confirming that the parlay selection is valid;

subsequent to the confirming, updating risk information, wherein

the updating is based, at least in part, on the parlay selection; and

subsequent to the confirming, returning a confirmation message to the gaming terminal, wherein

the confirmation message comprises information configured to be used to print a ticket.

15. A computer program product, comprising a plurality of instructions stored on a non-transient computer-readable storage medium, wherein the instructions are configured to execute a method comprising the steps of:

receiving one or more parlay parameters, wherein

the one or more parlay parameters are provided by a user of a gaming terminal;

determining one or more available parlay options, wherein

the one or more available parlay options satisfy the one or more parlay parameters;

transmitting the one or more available parlay options to the gaming terminal; and

receiving a parlay selection, wherein

the parlay selection corresponds to a parlay option among the one or more available parlay options;

wherein determining the one or more available parlay options comprises:

determining a plurality of event outcomes;

converting a plurality of moneylines corresponding to the plurality of event outcomes, respectively, to a plurality of natural logarithm values, respectively.

16. The computer program product of claim 15 , wherein

the one or more parlay parameters comprise at least one of

an event category,

a ticket price,

a parlay size, and

a ticket win value.

17. The computer program product of claim 15 , wherein

the plurality of event outcomes determining a plurality of event outcomes that satisfy the one or more parlay parameters, wherein

the determining the one or more available parlay options is performed in less than ten seconds.

18. The computer program product of claim 17 , wherein

the one or more available parlay options are further determined, at least in part, in a manner that satisfies one or more group constraints associated with the plurality of available events.

19. The computer program product of claim 15 , wherein

the determining the one or more available parlay options further comprises adding two or more of the plurality of natural logarithm values to generate a result;

comparing the result to a target natural logarithm.

20. The computer program product of claim 15 , wherein the method further comprises:

confirming that the parlay selection is valid;

subsequent to the confirming, updating risk information, wherein

the updating is based, at least in part, on the parlay selection; and

subsequent to the confirming, returning a confirmation message to the gaming terminal, wherein

the confirmation message comprises information configured to be used to print a ticket.

Assignments (1)
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Apr 10, 2020
From: REEDER, MICHAEL FRANKLIN; PLAXTON, CHARLES GREGORY
To: HIGH SIERRA FINANCIAL CORP.
Reel/Frame 052368/0929 →
Cited By (4)
US 12,611,601 US 12,616,897 US 12,623,155 US 12,702,931