System and method for volatility smoothing and odds enforcement through modified wager/draw generation

A method of operating a ticket generation system, the method comprising:

• establishing, by a processor, and storing, by a computer storage device, game details, including one or more of:
• a list of acceptable words, a count of draw-able consonants, a count of draw-able vowels, a number of words, and a length of each of the number of words;
• identifying, by the processor and based on the stored game details, a plurality of potential tickets, wherein each potential ticket comprises at least a group of words;
• for a first potential ticket of the plurality of identified potential tickets, determining, by the processor, a first acceptable wager comprising a first group of words and a first represented letter combination corresponding to the first group of words, wherein the first represented letter combination is based on at least one of the groups of words of the plurality of identified potential tickets and the first represented letter combination comprises a first plurality of individual letters;
• and
• for each additional potential ticket of the plurality of identified potential tickets:
• determining, by the processor, at least one additional letter combination corresponding to a group of words associated with that additional potential ticket compared against at least the first represented letter combination for the first potential ticket, wherein the determined at least one additional letter combination is based on at least one of the groups of words of the plurality of identified potential tickets and the determined at least one additional letter combination comprises a plurality of individual letters;
• and
• responsive to the determined at least one additional letter combination corresponding to the group of words for that additional potential ticket not being the same as, or being within an allowable number of duplicates of, the first represented letter combination for the first potential ticket, storing, by the computer storage device, that additional potential ticket as an additional acceptable wager available for distribution by a ticket output device.

A system comprising:

• a remote central host comprising at least one processor and a memory storing instructions that, when executed by the at least one processor, cause the at least one processor to:
• identify, based on stored game details, a plurality of potential game tickets, wherein each potential ticket comprises at least a group of words;
• for a first potential ticket of the plurality of identified potential tickets, determine a first acceptable wager comprising a first group of words and a first represented letter combination corresponding to the first group of words, wherein the first represented letter combination is based on at least one of the groups of words of the plurality of identified potential tickets and the first represented letter combination comprises a first plurality of individual letters;
• and
• for each additional potential ticket of the plurality of identified potential tickets:
• determine at least one additional letter combination corresponding to a group of words associated with that additional potential ticket compared against at least the first represented letter combination for the first potential ticket, wherein the determined at least one additional letter combination is based on at least one of the groups of words of the plurality of identified potential tickets and the determined at least one additional letter combination comprises a plurality of individual letters;
• and
• responsive to the determined at least one additional letter combination corresponding to the group of words for that additional potential ticket not being the same as, or being within an allowable number of duplicates of, the first represented letter combination for the first potential ticket, store that additional potential ticket as an additional acceptable wager;
• and
• at least one device communicatively coupled to the remote central host, the at least one device having a wager input component configured to receive a request for an acceptable wager and a ticket output component configured to produce a ticket corresponding to one of:
• the first acceptable wager and an additional acceptable wager.