Remote Betting Registration with On-Site Payment Verification
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Solution Overview
Problem
Land-based casinos face challenges in attracting bettors due to the inconvenience of placing sports and event bets, as bettors must physically visit the casino to find and place bets, which is less appealing compared to online betting options that provide easier access to information and convenience.
Innovation Solution
A method that allows bettors to register and pay for sports and event bets off-site using interactive television or the Internet, with the option to view registered bets, receive a registration number, and pay using various methods such as cash, credit cards, or loyalty points, while the casino confirms and pays out winnings upon event outcomes.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Ease of operation
If bettors must physically visit the casino to place bets, then the casino can verify bets in person and maintain control, but the convenience for bettors decreases and foot traffic requirements increase
Solution Approach 1:
The betting process is divided into two distinct phases: (1) bet registration and information viewing can be completed remotely off-site, and (2) payment and bet confirmation occur on-site at the casino. This segmentation allows bettors to perform convenience-critical tasks remotely while maintaining casino control over payment and verification processes.
Solution Approach 2:
A registration number serves as an intermediary token that connects the off-site bet registration with on-site payment processing. The registration number encapsulates bet information and allows the casino system to verify and process bets without requiring bettors to be physically present at the time of bet placement, thus bridging the gap between remote convenience and on-site verification.
2Ease of operation
If online betting is allowed, then convenience for bettors increases, but legal issues and regulatory compliance become more complex
Solution Approach 1:
The registration number acts as a legal intermediary that enables remote bet registration while maintaining a clear audit trail to the physical casino location. This allows the casino to offer online-like convenience while preserving the legal framework of physical presence for payment and verification, thus mitigating legal risks associated with pure online betting.
Solution Approach 2:
Bettors perform preliminary bet registration and information review off-site before arriving at the casino. This preliminary action reduces the need for extensive on-site processing and allows the casino to verify and process bets efficiently upon arrival, combining the convenience of advance online registration with the legal security of in-person verification.
3Ease of operation
If bettors can place bets off-site, then convenience increases and legal issues may be reduced, but the casino loses direct control over bet verification
Solution Approach 1:
The system implements a feedback mechanism where the registration number provides verifiable information about the registered bet. When the bettor arrives at the casino and provides the registration number, the system can retrieve and verify the original bet details, ensuring accuracy and maintaining control. This feedback loop restores reliability by enabling automated verification of off-site registrations.
Solution Approach 2:
The registration number serves as a reliable intermediary that carries verified bet information from the off-site registration process to the on-site verification process. This intermediary ensures that bet information remains accurate and traceable throughout the process, maintaining casino control over verification while enabling remote registration.
4Adaptability or versatility
If more payment options are provided, then bettor satisfaction increases, but system complexity increases
Solution Approach 1:
The payment system is designed with multi-functionality to handle multiple payment methods (cash, credit cards, debit cards, loyalty points) through a unified processing framework. This universal approach allows the system to accommodate diverse payment options without requiring separate processing systems for each method, thus increasing versatility while managing complexity through standardization.
Data Source
AI summary
The field of the invention relates generally to sports and event betting, and more specifically to the use of the Internet in land-based casino sports and event betting. A bettor signs onto an Internet website to find what bets are being accepted and the bettor then places and registers a bet. The player then goes and places pays for the bet at a land-based casino prior to the start of the event. Further, follow-up rounds of making a wager may then be performed over a network such as, for example, the Internet.