Casino games based on financial market activity

Inactive Publication Date: 2006-05-18
DELTA RANGERS
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  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Problems solved by technology

Wagers of this kind are generally well-known and unexceptional.
Despite the growing popularity of both ca

Method used

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  • Casino games based on financial market activity
  • Casino games based on financial market activity
  • Casino games based on financial market activity

Examples

Experimental program
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Embodiment Construction

[0015] The present invention includes methods and systems for creating and playing casino games that can be played in a physical gaming room or online, where the players bet, and the elements of the game consist of, for example, actual financial instruments that are traded on various financial exchanges around the world, or other financial data representative of the state of one or more financial markets. Financial data values that could be used in the games include any of the following: the values of financial securities, market indices, economic data or indicators, financial market data and indicators, foreign exchange rates, physical commodities and interest rates. Financial instruments which trade constantly, in significant volume, with higher than average volatility will be most attractive for use in these games as they will provide short-term movements that will keep the games exciting and fast-paced. Although in the description below, various embodiments of the present invent...

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Abstract

The present invention is directed to a method for conducting a game in which a plurality of players bet. A set of rules is established for the game. The rules define a winner based on at least one financial market data value that fluctuates based on market activity in a financial market that is distinct from the game. Updates to the financial market data value are electronically received from a third-party data source. A forum that is electronically coupled to the third-party data source is provided where the players play the game in accordance with the established set of rules and the at least one financial market data value. A gambling operator or casino collects a fee for conducting the game.

Description

FIELD OF THE INVENTION [0001] The present invention relates generally to casino games and, in particular, to novel casino games that are based on activities in financial markets. BACKGROUND OF THE INVENTION [0002] Casino gambling is a large and growing industry throughout the world. Various types of betting products and systems exist that facilitate betting on the outcome of a particular game. For example, a patron in a casino may bet on a single hand of blackjack, a pull on a slot machine, a roll of the dice, etc. Typical horse racing bets allow bettors to wager on a single horse, on several horses in a particular race or series of races. For instance, a bettor can wager on a particular horse to finish first (win), finish in the top two (place), or finish in the top three (show). A bettor may also make various combination bets with multiple horses, such as an “exacta” bet (covering the top two horses in order) or a “trifecta” bet (covering the top three horses in order). In additio...

Claims

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Application Information

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IPC IPC(8): A63F9/24
CPCA63F3/00157G07F17/32G07F17/3223G07F17/3276G07F17/3288
Inventor GRAEVE, PAUL KENT
Owner DELTA RANGERS
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