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:
Jun. 10, 2014
Filed:
Jul. 29, 2009
Andrew Charoff, Sunny Isles Beach, FL (US);
Mikhail Rozenshteyn, Sunny Isles Beach, FL (US);
Joachim Hertel, Sunny Isles Beach, FL (US);
Lyubov Zeldis, Ft. Lauderdale, FL (US);
Andrew Charoff, Sunny Isles Beach, FL (US);
Mikhail Rozenshteyn, Sunny Isles Beach, FL (US);
Joachim Hertel, Sunny Isles Beach, FL (US);
Lyubov Zeldis, Ft. Lauderdale, FL (US);
Other;
Abstract
An auction is effected with two levels of participation. A winning ticket is established and the auction object is awarded to the winning ticket. In addition, certain tickets are selected as payback tickets which receive back either the amount paid for the ticket or at least the mean entry fee, which is the average paid for all tickets. The winning ticket is awarded randomly, but the individual tickets in the 'drawing' are weighted according to the entry fee paid for the given ticket. The payback tickets are determined according to another criterion, for example the time of purchase or a match between the actual fee paid for the ticket and the mean entry fee.