System and method for tracking and rewarding gamblers based on relative wagering characteristics

Abstract

A gambler reward system wherein gamblers in a casino can use their comp card to be ranked by play data relative to other gamblers in the casino (or connected properties). Gamblers who rank the highest can be identified and can be given rewards. A rank can be determined by many characteristics, such as the number of comp points earned or the amount won.

Description

CROSS REFERENCE TO RELATED APPLICATIONS [0001] This application claims benefit to provisional application No. 60 / 713,787, which is incorporated by reference herein in its entirety. This application also claims benefit to provisional application No. 60 / 713,858, which is incorporated by reference herein in its entirety. This application also claims benefit to provisional application No. 60 / 713,947, which is incorporated by reference herein in its entirety. This application also claims benefit to provisional application No. 60 / 713,946, which is incorporated by reference herein in its entirety.BACKGROUND OF THE INVENTION [0002] 1. Field of the Invention [0003] The present inventive concept relates to a system, method, and computer readable storage, for rewarding gamblers based on relative wagering characteristics across a set of two or more propositions. [0004] 2. Description of the Related Art [0005] Casino wagering is a multi-billion dollar industry. Casinos routinely introduce new pr...

AI Technical Summary

Benefits of technology

[0018] The above aspects can also be obtained by a method that includes (a) allowing two or more gamblers to compete against each other in two or more games of bingo; (b) ranking the gamblers based on at least one characteristic of each gambler's play data to produce a list of ranks; and (c) giving a reward to a gambler on the list of ranks.

[0019] The above aspects can also be obtained by a method that includes (a) receiving, from a gambler, cash wagers on two or more wagering propositions with associated potential cash a...

Problems solved by technology

Players may be given a large amount of virtual “credits” to play the machines, but these are not real credits as they are not redeemable for cash.

A disadvantage of tournament play for the casino is that while players are playing the tournament, the gaming equipment being used for the tournament (slot machines, poker tables, etc) is unable to receive cash wagers and therefore, is not providing revenue for the casino.

The tournament entry fee ($10 in the poker tournament example above) may not be sufficient to compensate the casino for the lack of wagering revenue during the tournament period.

A further disadvantage of tournament play for the casino is that a specialized staff of casino employees, including a tournament director, is required to actively manage the operation of a tournament.

A disadvantage of tournam...

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