Proxy Betting System for Non-Expert Casino Participation
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Solution Overview
Problem
Casinos face challenges in engaging a broader audience in games of chance, as most people are not experts and find complex games daunting, leading to limited participation and revenue potential.
Innovation Solution
A system and method that allows non-expert players to participate in games of chance through proxy betting, where they can bet on or follow expert players, using a network that integrates social media and one-link connectivity for easy registration and betting, offering various models such as stock market, derivatives, and hedge fund models to enhance interaction and excitement.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Adaptability or versatility
If conventional games of chance with complex rules are used, then expert players can enjoy the game, but non-expert players find it daunting and participation is limited
Solution Approach 1:
The patent introduces a proxy player as an intermediary who acts on behalf of non-expert players. The proxy player has expertise in complex games and can make decisions for multiple users, allowing them to participate without needing to understand the complex rules themselves. This mediator bridges the gap between game complexity and user accessibility.
Solution Approach 2:
The system creates virtual copies of expert players that can be followed by multiple non-expert players. Instead of requiring each user to directly understand and navigate complex game rules, the system copies the expert player's actions and decisions, allowing multiple users to participate by following the same expert strategy through a digital interface.
2Productivity
If proxy betting system is implemented, then non-expert participation increases, but system integration complexity increases
Solution Approach 1:
The proxy player system is designed to be universal and multi-functional, serving multiple purposes: it allows non-experts to play complex games, enables social networking integration, supports various betting models (stock market, derivatives, hedge fund), and works across different game types. This multi-functionality justifies the integration complexity by providing comprehensive value.
Solution Approach 2:
The patent merges multiple functions into a single integrated platform: game playing, social networking, betting operations, and financial modeling are combined in one system. This consolidation, while increasing initial complexity, streamlines operations and creates a unified user experience that drives participation and engagement.
3Ease of operation
If social media integration is added, then user engagement increases, but registration and betting process complexity increases
Solution Approach 1:
The system performs preliminary actions by pre-integrating with social media platforms and pre-configuring user profiles. During registration, the system automatically pulls user information from social media accounts, pre-sets preferences, and configures proxy player selections in advance. This preliminary setup simplifies the actual user interaction and reduces the perceived complexity during the betting process.
Data Source
AI summary
To bring the excitement to the people (majority, who are not experts in games), we present the examples, described here, for one person to be able to bet on and be part of the deal and excitement for a third party, as his agent, proxy, or shadow. Some other examples are: one-link connectivity for easy registration and betting, connection and integration of social networks, Game of skills and/or chance, TV show integration, Player vs player situations, One-click betting/linking/functioning/triggering or OCB, Tipster scheme, a website belonging to our platform, Charity scheme, Pari-mutuel betting in our environment (all bets of a type in a pool, where any winning can be shared, after the house or casino deduction for fees), Proposition betting in our environment, and Multiple leg/parameter situation (where only a subset of decisions is relied upon on a 3rd party, and the rest are decided by the 1st party, herself).