Back to results
US 9,542,803 B2Granted
Products and processes for gaming with points
AssigneeCfph, LLC
InventorHoward W. Lutnick
Life of this patent
Estimating the term…
Abstract
Methods of tracking points among participants in various wagers. An indication of a wager may be received, including point distributions, participants, an event, etc. An indication of an outcome of the wager may be received. Points may be allocated among participants in accordance with a desired point distribution based on the outcome of the wager. An indication of a point adjustment may be received, and points may be adjusted accordingly. The point adjustment may be associated with an external exchange between participants in a wager. Other embodiments are disclosed.
Claims26
A method comprising:
- receiving, via at least one processor, from a plurality of participants respective wagers relating to a first event, in which the wager submitted by a respective participant is done using an interface of a mobile device in use by that participant, and in which each mobile device is communicatively coupled to the at least one processor over an electronic network;
- determining an outcome of the first event;
- based, at least in part, on the outcome of the first event, computing from the plurality of participants one or more winning participants and an amount of points that is allocated to each winning participant;
- notifying each winning participant's mobile device of the amount of points that is allocated to the winning participant, the allocated points adjusting a point value of the respective winning participant;
- in response to a secondary event that is unrelated to the first event, receiving a verification code and a request to adjust the point values of at least two of the plurality of participants, in which the request comprises transferring a portion of points from a first of the plurality of participants to a second of the plurality of participants, in which the verification code authenticates the portion of points being transferred;
- and
- notifying the first and second participant's respective mobile device of an adjusted amount of points that is based on the portion of points being transferred.
4 more elements
An apparatus comprising:
- at least one processor;
- and
- at least one memory device electronically coupled to the at least one processor, in which the at least one memory device stores instructions which, when executed by the at least one processor, direct the at least one processor to:
- receive from a plurality of participants respective wagers relating to a first event, in which the wager submitted by a respective participant is done using an interface of a mobile device in use by that participant, and in which the apparatus is operable to communicate with each mobile device over an electronic network;
- determine an outcome of the first event;
- based, at least in part, on the outcome of the first event, compute from the plurality of participants one or more winning participants and an amount of points that is allocated to each winning participant;
- notify each winning participant's mobile device of the amount of points that is allocated to the winning participant, the allocated points adjusting a point value of the respective winning participant;
- in response to a secondary event that is unrelated to the first event, receive a verification code and a request to adjust the point values of at least two of the plurality of participants, in which the request comprises transferring a portion of points from a first of the plurality of participants to a second of the plurality of participants, in which the verification code authenticates the portion of points being transferred;
- and
- notify the first and second participant's respective mobile device of an adjusted amount of points that is based on the portion of points being transferred.
7 more elements
Dependencies are inferred from the claim text.