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System, method and graphic user interface for simulated gaming experience based on financial transactions

a financial transaction and user interface technology, applied in the field of financial transaction simulation system, method and graphic user interface, can solve the problems of many users being inhibited from entering the financial markets, many regulatory limitations have been imposed in many jurisdictions limiting or prohibiting the provision of casino games of chance online, etc., to facilitate the performance of financial transactions

Inactive Publication Date: 2009-07-23
PIPSTRADE
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  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Benefits of technology

"The present invention provides a system, method, and graphic user interface for simulating a gaming experience based on financial transactions. The system receives a gaming input from the user, such as a bet on a roulette table or a slot machine game, and generates a purchase order for a set of short-term digital options that have a similar set of possible returns as the gaming input. The user is then presented with a gaming result that is based on the actual return of the digital options. The system can also provide a trading interface for the user to view information about the digital options and the user's financial account. The technical effects of the invention include providing a realistic gaming experience for users and enabling users to place bets on financial instruments."

Problems solved by technology

However, various regulatory limitations have been imposed in many jurisdictions limiting or prohibiting the provision of casino games of chance online.
Practically, however, many users are inhibited from entering the financial markets with which they are unfamiliar.

Method used

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  • System, method and graphic user interface for simulated gaming experience based on financial transactions
  • System, method and graphic user interface for simulated gaming experience based on financial transactions
  • System, method and graphic user interface for simulated gaming experience based on financial transactions

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Embodiment Construction

[0044]The present invention is a system, method and graphic user interface for providing a user with a simulated gaming experience based on financial transactions.

[0045]The principles and operation of systems, methods and user interfaces according to the present invention may be better understood with reference to the drawings and the accompanying description.

[0046]Referring now to the drawings, by way of an overview, FIGS. 1-4B illustrate various aspects of a preferred implementation of a method according to the present invention for providing a user with a simulated gaming experience based on financial transactions. The method is itself presented as a flow diagram in FIG. 5 and further detailed in FIGS. 6A and 6B. A corresponding system, constructed and operative according to the teachings of the present invention, is presented in FIGS. 7-9.

[0047]In general terms, the method of the present invention may be described as follows. A gaming interface is presented to a user who provide...

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PUM

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Abstract

A system, method and graphic user interface for providing a user with a simulated gaming experience based on financial transactions has a gaming interface presented to a user who provides, via the gaming interface, a gaming input having a defined cost and a given set of possible returns. A purchase order is then generated on behalf of the user for a set of short-term digital options having substantially the same set of possible returns as the gaming input. When the actual return of the set of digital options of the generated purchase order becomes available, a gaming result is presented to the user via the gaming interface. The gaming result is chosen to have a payout related to the actual return of the set of digital options.

Description

FIELD AND BACKGROUND OF THE INVENTION[0001]The present invention relates to a system, method and graphic user interface for providing a user with a simulated gaming experience based on financial transactions.[0002]Internet casinos and similar online gaming services have proven to be a popular form of entertainment and excitement for significant sectors of the public. However, various regulatory limitations have been imposed in many jurisdictions limiting or prohibiting the provision of casino games of chance online.[0003]Although subject to strict regulation of its own, trading on financial markets is not included in such prohibitions. Particularly in transactions dependent upon short term market fluctuations, some financial transactions give a user experience somewhat similar to the aforementioned games of chance in the sense that their outcomes are unpredictable and they offer a possibility of immediate returns. Practically, however, many users are inhibited from entering the fina...

Claims

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Application Information

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Patent Type & Authority Applications(United States)
IPC IPC(8): A63F9/24
CPCG07F17/32G06Q30/08
Inventor TIROSH, OREN
Owner PIPSTRADE
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