Mobile Gaming Fund Transfer via Location Verification
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Solution Overview
Problem
In gaming environments, particularly on mobile devices, the inefficiency of cashing out or receiving funds for playing games of chance is a challenge, as traditional methods like checks or printed tickets are not feasible, necessitating a more efficient electronic fund transfer system.
Innovation Solution
A system that enables electronic fund transfers to or from mobile devices based on location or position information, using a mobile device management server to communicate with a location server and a gaming server, determining whether to transfer funds based on global and local device positions, as well as predefined rules such as time or user-defined criteria, to facilitate secure and restricted transactions.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Ease of operation
If traditional cash or printed ticket methods are used for cashing out, then the player can receive physical funds, but the process becomes inefficient and impractical when playing on mobile devices
Solution Approach 1:
The patent replaces the mechanical system of physical cash and printed tickets with an electronic fund transfer system. The gaming server electronically transfers funds to the player's mobile device, eliminating the need for physical media exchange and significantly improving the speed and convenience of the cash out process.
Solution Approach 2:
The patent introduces an electronic fund transfer system as an intermediary between the gaming server and the player. This intermediary enables seamless fund transfers to mobile devices, solving the inefficiency of traditional cash out methods while maintaining security and control.
2Productivity
If electronic transfer of funds is implemented, then efficiency is improved, but location-based restrictions and compliance requirements increase system complexity
Solution Approach 1:
The patent implements preliminary location verification and compliance checks before allowing electronic fund transfers. The system pre-determines whether a player is eligible for electronic transfers based on location data, vessel position, and predefined rules, thereby enabling efficient automated transfers while maintaining compliance through advance verification.
Solution Approach 2:
The patent incorporates feedback mechanisms where the gaming server continuously monitors location data, vessel position, and transfer eligibility. This feedback loop allows the system to dynamically adjust transfer decisions based on real-time conditions, balancing efficiency with compliance requirements through automated decision-making.
3Reliability
If location-based determination is implemented, then compliance is improved, but the need for location tracking and position monitoring increases operational complexity
Solution Approach 1:
The patent employs a multi-functional location tracking system that serves multiple purposes: determining player eligibility for electronic transfers, monitoring vessel position for compliance, and tracking device location. This universal approach to location data collection and processing improves compliance reliability while avoiding redundant systems through consolidated data handling.
Data Source
AI summary
In one embodiment, a system and method to transfer money may include a mobile device associated with a player, a location server designed to: track a device position of the mobile device and track a vessel position, and a mobile gaming management server designed to: receive a fund transfer request from a gaming server for the mobile device, the fund transfer request including a fund amount; determine if the fund amount can be transferred to the mobile device based on the device position and the vessel position; and transfer the fund amount to the mobile device if it is determined that the fund amount can be transferred to the mobile device.