ATM Server Progressive Jackpot Incentive Mechanism
Find Innovative SolutionsGenerate Solutions
Solution Overview
Problem
ATM transaction fees discourage users from withdrawing cash at casinos, leading to reduced usage and potential loss of revenue for operators, as users opt for alternative methods like casino credit.
Innovation Solution
Implementing a progressive jackpot system where a portion of the transaction fee is credited to a prize pool, with a triggering condition determining when to award users a portion of the prize pool, incentivizing users to use ATMs at casinos.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Loss of energy
If transaction fees are charged for ATM withdrawals, then the ATM operator receives revenue, but user usage of the ATM decreases as players opt for alternative funding methods
Solution Approach 1:
The patent converts the harmful effect of transaction fees (which discourage usage) into a beneficial effect by allocating a portion of the fees to fund a progressive jackpot. This transforms the fee from a pure cost to users into a shared funding mechanism that benefits both the operator (through full fee collection) and users (through jackpot winnings), thereby resolving the contradiction between maintaining revenue and encouraging usage.
2Productivity
If transaction fees are reduced or eliminated, then user usage of the ATM increases, but the operator loses revenue
Solution Approach 1:
The transaction fee serves multiple functions simultaneously: it generates revenue for the operator, funds the progressive jackpot prize pool, and incentivizes user usage. This multi-functionality allows the system to maintain or even increase usage while preserving operator revenue, as the fee is not merely a cost barrier but a value-creating mechanism with multiple benefits.
3Adaptability or versatility
If a progressive jackpot system is implemented, then user incentive and loyalty increase, but system complexity increases
Solution Approach 1:
The patent introduces a server as an intermediary component that manages the progressive jackpot logic, prize pool calculations, and triggering conditions. This centralizes the complexity in a dedicated system rather than distributing it across multiple ATM devices, thereby providing enhanced user incentives while controlling overall system complexity through specialized intermediary infrastructure.
Data Source
AI summary
An automated teller machine (ATM) server includes a processor circuit and a memory including machine-readable instructions that cause the server processor circuit to, based on receipt transaction request messages, cause a transaction fee to be debited from a credit account that is associated with an account identifier contained in the transaction request message. A portion of the transaction fee is credited to a prize pool for a progressive jackpot, and the ATM server determines when a triggering condition has been satisfied by content of one of the transaction request messages for one of the ATM transactions. When the triggering condition has been satisfied for a particular one of the transaction request messages, an award message is transmitted including an instruction to award a portion of the prize pool to a user associated with the transaction request message.