Smart phone optimation of cashless wagering

A system for transferring credit within a gaming environment comprising:

• a) A wagering apparatus having an electronic accounting function and an information-providing function, the information-providing function in communication with the accounting function to enable external transmission of at least a first available credit identified by the electronic accounting system;
• b) A portable information capture device that is able to capture the first externally transmitted information of the at least available credit in a digital electronic format and store the captured externally transmitted of the at least available credit in a digital electronic format;
• c) The portable information capture device being capable of externally transmitting stored information of at least available credit in a digital electronic format to provide a second transmission of the at least available credit;
• and
• d) An at least one second wagering apparatus or value payout device having an information capture system capable of capturing the second transmitted information of the at least available credit, the at least one second wagering apparatus or value payout device being in communication with a processor configured to convert the captured second viewable display into credit available for wagering or payout in the at least one second wagering apparatus or value payout device.

A system for transferring credit within a gaming environment comprising:

• a) A wagering apparatus having an electronic accounting function and an information-providing function, the information-providing function in communication with the accounting function to enable external transmission of at least a first least available credit identified by the electronic accounting system;
• b) A portable information capture device that is able to capture the first externally transmitted information of at least available credit in a digital electronic format and store the captured externally transmitted of at least available credit in a digital electronic format;
• c) The portable information capture device being capable of externally transmitting stored information of the at least available credit in a digital electronic format to provide a second transmission of the at least available credit;
• and
• d) An at least payout system capable of storing and providing at least currency and having an information capture system capable of capturing the second transmitted information of the at least available credit, the at least one second wagering apparatus in communication with a processor configured to convert the captured second transmitted information into credit available for payout wagering in the at least one second wagering apparatus.