The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Sep. 24, 2019
Filed:
Apr. 02, 2019
Sca Promotions, Inc., Dallas, TX (US);
Robert D. Hamman, Dallas, TX (US);
Kenneth E. Irwin, Jr., Dawsonville, GA (US);
SCA Promotions, Inc., Dallas, TX (US);
Abstract
A system and method are provided for allowing a plurality of consumers to each select his or her own fixed odds and associated winning payoff from a common universal drawing. The consumer selected custom odds are derived by subdividing one drawing event into a series of variable sized 'bins' that reduce wagered odds to a subset of the greater odds of the universal drawing where the totality of generated bins thereby contains 100% of the possible drawing outcomes. A modulo operation is then performed to create a unique pointer position to a congruence number for each of the created previously created bins. Thus, any desired subset of reduced wagering odds can be achieved with the virtual creation of the corresponding number of bins.