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US5476259A Expired / Lapsed US ⏱️ 0.0 years remaining

Pari-mutuel electronic and live table gaming

Assignee: GAMIN WEINGARDT TRUST
•
Filing: 1993-11-12
•
Granted: 1995-12-19
•
Expires: 2013-11-12
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Abstract

Abstract The invention provides electronic video casino games in which the players are competing against each other to win from a common pool and are not wagering against the house. The invention also provides live casino table games in which the players are competing against each other to win from a common pool and are not wagering against the house. The house retains an preestablished commission. The player cashes out his accrued credits or his accrued gaming chips for an amount determined by the value of the common pari-mutuel pool. The present invention also provides for pari-mutuel pools to be distributed to all coin columns in a predetermined manner so as to allow all participants to be able to win a predetermined mathematical proportional share of the pari-mutuel progressive jackpot payouts. The invention also provides for seeding of the pools by the gaming establishment and for funding of future pools by setting aside into future pools portions of wagers made by current players. In pari-mutuel table games, each game is funded from the master pari-mutuel pool for the operation of the individual game. Should any table game become short of credits or chips, the master pool will disperse credits as needed to the respective tables. Should any tables have an excessive amount of credits, these credits will be transferred into the master pari-mutuel pool. All credits cashed out by the players come out of the master pari-mutuel pool.

Inventors

  • 👤 Gary Weingardt

Bibliographic Details

Application Number —
Jurisdiction US
Data Source google_patents
Last Synchronized 2026-10-24 19:58
CPC Classifications
G; G07; G07F; G07F17/00; G07F17/32; A; A63; A63F; A63F3/00; A63F3/08; A63F3/081; A63F1/00; A63F2001/008; A63F3/00003; A63F3/00157; A63F2003/00167; A63F2003/0017

Claims Analysis

Total Claims: 65
Claim 1
Independent Claim 112 words
A method of playing a live casino table game comprising: a) a player making a wager to participate in the live casino table game; b) allocating a portion of the wager to the gaming establishment as its share of the wager for providing the game; c) allocating the remainder of the wager to a common pari-mutuel pool to provide a source of funds for paying the player; d) determining whether the player is a winner or loser for a particular play of the game; e) paying the player a predetermined payout amount from the common pari-mutuel pool for a winning play; and f) collecting all losing wagers into the common pari-mutuel pool.
Claim 2
Independent Claim 112 words
A method of playing a live casino table game comprising: a) a player making a wager to participate in the live casino table game; b) allocating a portion of the wager to the gaming establishment as its share of the wager for providing the game; c) allocating the remainder of the wager to a common pari-mutuel pool to provide a source of funds for paying the player; d) determining whether the player is a winner or loser for a particular play of the game; e) paying the player a predetermined payout amount from the common pari-mutuel pool for a winning play; and f) collecting all losing wagers into the common pari-mutuel pool.
Claim 3
Dependent Claim 26 words
The method of claim 1 in which the live casino table game is twenty-one and the predetermined payout amount is based on conventional twenty-one winning combinations.
Claim 4
Dependent Claim 26 words
The method of claim 1 in which the live casino table game is craps and the predetermined payout amount is based on conventional craps winning combinations.
Claim 5
Dependent Claim 26 words
The method of claim 1 in which the live casino table game is baccarat and the predetermined payout amount is based on conventional baccarat winning combinations.
Claim 6
Dependent Claim 30 words
The method of claim 1 in which the live casino table game is selected from the group consisting of poker, twenty-one, craps, baccarat, pai-gow poker, roulette and Caribbean Stud® poker.
Claim 7
Dependent Claim 33 words
The method of claim 1 wherein the step of allocating a portion of the wager to the gaming establishment is effected by designating a percentage of the player's wager to the gaming establishment.
Claim 8
Dependent Claim 35 words
The method of claim 1 wherein the step of allocating a portion of the wager to the gaming establishment is effected by designating a preestablished amount of the player's buy in to the gaming establishment.
Claim 9
Dependent Claim 40 words
The method of claim 1 wherein the step of allocating a portion of the wager to the gaming establishment is effected by imposing a flat fee charge to the player and designating that flat fee charge to the gaming establishment.
Claim 10
Dependent Claim 17 words
The method of claim 8 wherein the flat fee charge is imposed at the beginning of play.
Claim 11
Dependent Claim 17 words
The method of claim 8 wherein the flat fee charge is imposed on a time period basis.
Claim 12
Dependent Claim 19 words
The method of claim 1 further including allocating a portion of the predetermined payout amount to the gaming establishment.
Claim 13
Independent Claim 124 words
A method of playing a plurality of live casino table games linked together and sharing a common pari-mutuel pool comprising: a) a player making a wager to participate in one of the live casino table games; b) allocating a portion of the wager to the gaming establishment as its share of the wager for providing the game; c) allocating the remainder of the wager to a common pari-mutuel pool to provide a source of funds for paying the player; d) determining whether the player is a winner or loser for a particular play of the game; e) paying the player a predetermined payout amount from the common pari-mutuel pool for a winning play; and f) collecting all losing wagers into the common pari-mutuel pool.
Claim 14
Independent Claim 124 words
A method of playing a plurality of live casino table games linked together and sharing a common pari-mutuel pool comprising: a) a player making a wager to participate in one of the live casino table games; b) allocating a portion of the wager to the gaming establishment as its share of the wager for providing the game; c) allocating the remainder of the wager to a common pari-mutuel pool to provide a source of funds for paying the player; d) determining whether the player is a winner or loser for a particular play of the game; e) paying the player a predetermined payout amount from the common pari-mutuel pool for a winning play; and f) collecting all losing wagers into the common pari-mutuel pool.
Claim 15
Dependent Claim 28 words
The method of claim 12 in which all of the live casino table games are twenty-one and the predetermined payout amount is based on conventional twenty-one winning combinations.
Claim 16
Dependent Claim 28 words
The method of claim 12 in which all of the live casino table games are craps and the predetermined payout amount is based on conventional craps winning combinations.
Claim 17
Dependent Claim 28 words
The method of claim 12 in which all of the live casino table games are baccarat and the predetermined payout amount is based on conventional baccarat winning combinations.
Claim 18
Dependent Claim 32 words
The method of claim 12 in which all of the live casino table games are selected from the group consisting of poker, twenty-one, craps, baccarat, pai-gow poker, roulette and Caribbean Stud® poker.
Claim 19
Dependent Claim 30 words
The method of claim 12 in which the live casino table games are selected from the group consisting of poker, twenty-one, craps, baccarat, pai-gow poker, roulette and Caribbean Stud® poker.
Claim 20
Dependent Claim 33 words
The method of claim 12 wherein the step of allocating a portion of the wager to the gaming establishment is effected by designating a percentage of the player's wager to the gaming establishment.
Claim 21
Dependent Claim 35 words
The method of claim 12 wherein the step of allocating a portion of the wager to the gaming establishment is effected by designating a preestablished amount of the player's buy in to the gaming establishment.
Claim 22
Dependent Claim 40 words
The method of claim 12 wherein the step of allocating a portion of the wager to the gaming establishment is effected by imposing a flat fee charge to the player and designating that flat fee charge to the gaming establishment.
Claim 23
Dependent Claim 17 words
The method of claim 20 wherein the flat fee charge is imposed at the beginning of play.
Claim 24
Dependent Claim 17 words
The method of claim 20 wherein the flat fee charge is imposed on a time period basis.
Claim 25
Dependent Claim 19 words
The method of claim 12 further including allocating a portion of the predetermined payout amount to the gaming establishment.
Claim 26
Independent Claim 190 words
A method of playing a plurality of various live casino table games, the live casino table games being linked together and each type of live casino table games sharing a common pari-mutuel pool and all of the common pari-mutuel pools sharing a master casino pari-mutuel pool comprising: a) a player making a wager to participate in one of the variety of live casino table games; b) allocating a portion of the wager to the gaming establishment as its share of the wager for providing the game; c) allocating the remainder of the wager to a common pari-mutuel pool for that particular variety of live casino table game to provide a source of funds for paying the player; d) determining whether the player is a winner or loser for a particular play of the game; e) paying the player a predetermined payout amount from the common pari-mutuel pool for a winning play; and f) collecting all losing wagers into the common pari-mutuel pool; g) allocating a portion of the common pari-mutuel pool to a master casino pari-mutuel pool to provide a source of funds for the common pari-mutuel pool as needed.
Claim 27
Independent Claim 190 words
A method of playing a plurality of various live casino table games, the live casino table games being linked together and each type of live casino table games sharing a common pari-mutuel pool and all of the common pari-mutuel pools sharing a master casino pari-mutuel pool comprising: a) a player making a wager to participate in one of the variety of live casino table games; b) allocating a portion of the wager to the gaming establishment as its share of the wager for providing the game; c) allocating the remainder of the wager to a common pari-mutuel pool for that particular variety of live casino table game to provide a source of funds for paying the player; d) determining whether the player is a winner or loser for a particular play of the game; e) paying the player a predetermined payout amount from the common pari-mutuel pool for a winning play; and f) collecting all losing wagers into the common pari-mutuel pool; g) allocating a portion of the common pari-mutuel pool to a master casino pari-mutuel pool to provide a source of funds for the common pari-mutuel pool as needed.
Claim 28
Dependent Claim 30 words
The method of claim 24 in which the live casino table games are selected from the group consisting of poker, twenty-one, craps, baccarat, pai-gow poker, roulette and Caribbean Stud® poker.
Claim 29
Dependent Claim 33 words
The method of claim 24 wherein the step of allocating a portion of the wager to the gaming establishment is effected by designating a percentage of the player's wager to the gaming establishment.
Claim 30
Dependent Claim 35 words
The method of claim 24 wherein the step of allocating a portion of the wager to the gaming establishment is effected by designating a preestablished amount of the player's buy in to the gaming establishment.
Claim 31
Dependent Claim 40 words
The method of claim 24 wherein the step of allocating a portion of the wager to the gaming establishment is effected by imposing a flat fee charge to the player and designating that flat fee charge to the gaming establishment.
Claim 32
Dependent Claim 17 words
The method of claim 28 wherein the flat fee charge is imposed at the beginning of play.
Claim 33
Dependent Claim 17 words
The method of claim 28 wherein the flat fee charge is imposed on a time period basis.
Claim 34
Dependent Claim 19 words
The method of claim 24 further including allocating a portion of the predetermined payout amount to the gaming establishment.
Claim 35
Independent Claim 223 words
A method of playing a plurality of various live casino table games and electronic pari-mutuel gaming devices, the live casino table games and electronic pari-mutuel gaming devices being linked together and each type of live casino table games sharing a common pari-mutuel pool and each type of electronic pari-mutuel gaming device sharing a common pari-mutuel pool and all of the common pari-mutuel pools sharing a master casino pari-mutuel pool comprising: a) a player making a wager to participate in one of the variety of live casino table games or electronic pari-mutuel gaming devices; b) allocating a portion of the wager to the gaming establishment as its share of the wager for providing the game; c) allocating the remainder of the wager to a common pari-mutuel pool for that particular variety of live casino table game or electronic pari-mutuel gaming device to provide a source of funds for paying the player; d) determining whether the player is a winner or loser for a particular play of the game; e) paying the player a predetermined payout amount from the common pari-mutuel pool for a winning play; and f) collecting all losing wagers into the common pari-mutuel pool; g) allocating a portion of the common pari-mutuel pool to a master casino pari-mutuel pool to provide a source of funds for the common pari-mutuel pools as needed.
Claim 36
Independent Claim 223 words
A method of playing a plurality of various live casino table games and electronic pari-mutuel gaming devices, the live casino table games and electronic pari-mutuel gaming devices being linked together and each type of live casino table games sharing a common pari-mutuel pool and each type of electronic pari-mutuel gaming device sharing a common pari-mutuel pool and all of the common pari-mutuel pools sharing a master casino pari-mutuel pool comprising: a) a player making a wager to participate in one of the variety of live casino table games or electronic pari-mutuel gaming devices; b) allocating a portion of the wager to the gaming establishment as its share of the wager for providing the game; c) allocating the remainder of the wager to a common pari-mutuel pool for that particular variety of live casino table game or electronic pari-mutuel gaming device to provide a source of funds for paying the player; d) determining whether the player is a winner or loser for a particular play of the game; e) paying the player a predetermined payout amount from the common pari-mutuel pool for a winning play; and f) collecting all losing wagers into the common pari-mutuel pool; g) allocating a portion of the common pari-mutuel pool to a master casino pari-mutuel pool to provide a source of funds for the common pari-mutuel pools as needed.
Claim 37
Dependent Claim 53 words
The method of claim 32 in which the live casino table games are selected from the group consisting of poker, twenty-one, craps, baccarat, pai-gow poker, roulette and Caribbean Stud® poker and the electronic pari-mutuel gaming devices are selected from the group consisting of slot machines, electronic video poker, electronic twenty-one and electronic craps.
Claim 38
Dependent Claim 33 words
The method of claim 32 wherein the step of allocating a portion of the wager to the gaming establishment is effected by designating a percentage of the player's wager to the gaming establishment.
Claim 39
Dependent Claim 35 words
The method of claim 32 wherein the step of allocating a portion of the wager to the gaming establishment is effected by designating a preestablished amount of the player's buy in to the gaming establishment.
Claim 40
Dependent Claim 40 words
The method of claim 32 wherein the step of allocating a portion of the wager to the gaming establishment is effected by imposing a flat fee charge to the player and designating that flat fee charge to the gaming establishment.
Claim 41
Dependent Claim 17 words
The method of claim 36 wherein the flat fee charge is imposed at the beginning of play.
Claim 42
Dependent Claim 17 words
The method of claim 36 wherein the flat fee charge is imposed on a time period basis.
Claim 43
Dependent Claim 19 words
The method of claim 32 further including allocating a portion of the predetermined payout amount to the gaming establishment.
Claim 44
Independent Claim 248 words
A method of playing a plurality of various live casino table games, electronic pari-mutuel gaming devices and live pari-mutuel games, the live casino table games, electronic pari-mutuel gaming devices and live pari-mutuel sporting events being linked together and each type of live casino table game sharing a common pari-mutuel pool, each type of electronic pari-mutuel gaming device sharing a common pari-mutuel pool and each type of live pari-mutuel sporting event sharing a common pari-mutuel pool and all of the common pari-mutuel pools sharing a master pari-mutuel pool comprising: a) a player making a wager to participate in one of the variety of live casino table games, electronic pari-mutuel gaming devices or live pari-mutuel sporting events; b) allocating a portion of the wager to the gaming establishment as its share of the wager for providing the game; c) allocating the remainder of the wager to a common pari-mutuel pool for that particular variety of live casino table game, electronic pari-mutuel gaming devices or live pari-mutuel sporting events to provide a source of funds for paying the player; d) determining whether the player is a winner or loser for a particular play of the game; e) paying the player a predetermined payout amount from the common pari-mutuel pool for a winning play; and f) collecting all losing wagers into the common pari-mutuel pool; g) allocating a portion of the common pari-mutuel pool to a master pari-mutuel pool to provide a source of funds for the common pari-mutuel pools as needed.
Claim 45
Independent Claim 248 words
A method of playing a plurality of various live casino table games, electronic pari-mutuel gaming devices and live pari-mutuel games, the live casino table games, electronic pari-mutuel gaming devices and live pari-mutuel sporting events being linked together and each type of live casino table game sharing a common pari-mutuel pool, each type of electronic pari-mutuel gaming device sharing a common pari-mutuel pool and each type of live pari-mutuel sporting event sharing a common pari-mutuel pool and all of the common pari-mutuel pools sharing a master pari-mutuel pool comprising: a) a player making a wager to participate in one of the variety of live casino table games, electronic pari-mutuel gaming devices or live pari-mutuel sporting events; b) allocating a portion of the wager to the gaming establishment as its share of the wager for providing the game; c) allocating the remainder of the wager to a common pari-mutuel pool for that particular variety of live casino table game, electronic pari-mutuel gaming devices or live pari-mutuel sporting events to provide a source of funds for paying the player; d) determining whether the player is a winner or loser for a particular play of the game; e) paying the player a predetermined payout amount from the common pari-mutuel pool for a winning play; and f) collecting all losing wagers into the common pari-mutuel pool; g) allocating a portion of the common pari-mutuel pool to a master pari-mutuel pool to provide a source of funds for the common pari-mutuel pools as needed.
Claim 46
Dependent Claim 70 words
The method of claim 40 in which the live casino table games are selected from the group consisting of poker, twenty-one, craps, baccarat, pai-gow poker, roulette and Caribbean Stud® poker, the electronic pari-mutuel gaming devices are selected from the group consisting of slot machines, electronic video poker, electronic twenty-one and electronic craps and the live pari-mutuel sporting events are selected from the group consisting of horse racing and dog racing.
Claim 47
Dependent Claim 33 words
The method of claim 40 wherein the step of allocating a portion of the wager to the gaming establishment is effected by designating a percentage of the player's wager to the gaming establishment.
Claim 48
Dependent Claim 35 words
The method of claim 40 wherein the step of allocating a portion of the wager to the gaming establishment is effected by designating a preestablished amount of the player's buy in to the gaming establishment.
Claim 49
Dependent Claim 40 words
The method of claim 40 wherein the step of allocating a portion of the wager to the gaming establishment is effected by imposing a flat fee charge to the player and designating that flat fee charge to the gaming establishment.
Claim 50
Dependent Claim 17 words
The method of claim 44 wherein the flat fee charge is imposed at the beginning of play.
Claim 51
Dependent Claim 17 words
The method of claim 44 wherein the flat fee charge is imposed on a time period basis.
Claim 52
Dependent Claim 19 words
The method of claim 40 further including allocating a portion of the predetermined payout amount to the gaming establishment.
Claim 53
Independent Claim 145 words
A method of playing a casino game which includes a pari-mutuel pool that is closed comprising: a) a player making a wager to participate in the casino game; b) allocating a portion of the wager to the gaming establishment as its share of the wager for providing the game; c) allocating the remainder of the wager to a common pari-mutuel pool to provide a source of funds for paying the player; d) determining whether the player is a winner or loser for a particular play of the game; e) paying the player a predetermined payout amount from the common pari-mutuel pool for a winning play; f) collecting all losing wagers into the common pari-mutuel pool; g) declaring after a length of time that the common pari-mutuel pool is closed; h) paying the next winning player all of the amount collected in the common pari-mutuel pool.
Claim 54
Independent Claim 145 words
A method of playing a casino game which includes a pari-mutuel pool that is closed comprising: a) a player making a wager to participate in the casino game; b) allocating a portion of the wager to the gaming establishment as its share of the wager for providing the game; c) allocating the remainder of the wager to a common pari-mutuel pool to provide a source of funds for paying the player; d) determining whether the player is a winner or loser for a particular play of the game; e) paying the player a predetermined payout amount from the common pari-mutuel pool for a winning play; f) collecting all losing wagers into the common pari-mutuel pool; g) declaring after a length of time that the common pari-mutuel pool is closed; h) paying the next winning player all of the amount collected in the common pari-mutuel pool.
Claim 55
Dependent Claim 24 words
The method of claim 48 in which the casino game is twenty-one and the predetermined payout amount is based on conventional twenty-one winning combinations.
Claim 56
Dependent Claim 24 words
The method of claim 48 in which the casino game is craps and the predetermined payout amount is based on conventional craps winning combinations.
Claim 57
Dependent Claim 24 words
The method of claim 48 in which the casino game is baccarat and the predetermined payout amount is based on conventional baccarat winning combinations.
Claim 58
Dependent Claim 28 words
The method of claim 48 in which the casino game is selected from the group consisting of poker, twenty-one, craps, baccarat, pai-gow poker, roulette and Caribbean Stud® poker.
Claim 59
Dependent Claim 30 words
The method of claim 48 in which the casino game is an electronic device and is selected from the group consisting of slot machines, electronic video poker and electronic twenty-one.
Claim 60
Dependent Claim 33 words
The method of claim 48 wherein the step of allocating a portion of the wager to the gaming establishment is effected by designating a percentage of the player's wager to the gaming establishment.
Claim 61
Dependent Claim 35 words
The method of claim 48 wherein the step of allocating a portion of the wager to the gaming establishment is effected by designating a preestablished amount of the player's buy in to the gaming establishment.
Claim 62
Dependent Claim 40 words
The method of claim 48 wherein the step of allocating a portion of the wager to the gaming establishment is effected by imposing a flat fee charge to the player and designating that flat fee charge to the gaming establishment.
Claim 63
Dependent Claim 17 words
The method of claim 56 wherein the flat fee charge is imposed at the beginning of play.
Claim 64
Dependent Claim 17 words
The method of claim 56 wherein the flat fee charge is imposed on a time period basis.
Claim 65
Dependent Claim 19 words
The method of claim 48 further including allocating a portion of the predetermined payout amount to the gaming establishment.

References Cited (Backward Citations)

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USPTO Annuity & Maintenance Windows

Annuity Stage Window Opens Payment Deadline Surcharge Period Until Estimated Fee Status
3.5 Years (Year 4) 1998-12-18 1999-06-19 1999-12-19 $2000.00 Window Closed / Lapsed
7.5 Years (Year 8) 2002-12-18 2003-06-19 2003-12-19 $3760.00 Window Closed / Lapsed
11.5 Years (Year 12) 2006-12-18 2007-06-19 2007-12-19 $7700.00 Window Closed / Lapsed

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