Wagering Game System With Multiple Independent Variances
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Solution Overview
Problem
Current wagering games allow only single random events to determine outcomes, limiting players' ability to bet on multiple independent outcomes with varying variances, resulting in fixed variance and lack of control over their wagers, which is disadvantageous for those seeking different risk levels.
Innovation Solution
A method that enables players to place simultaneous bets on multiple independently determined events with varying variances, allowing for iterative wagers and independent outcomes, using a system that converts cash into playable money and displays available wagers with their properties, enabling players to select and combine wagers on different types of interests such as stocks, horses, or random events.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Adaptability or versatility
If a single random event is used to determine game outcomes, then the game structure is simple and easy to operate, but the player cannot control variance or bet on multiple independent outcomes
Solution Approach 1:
The patent divides the wagering game into multiple independent random events (e.g., multiple roulette wheels, multiple slot machines, or multiple card decks), each operating independently with its own random outcome. This segmentation allows players to bet on multiple events simultaneously and control overall variance by selecting events with different payout structures, while each individual event maintains a simple, traditional game structure.
2Adaptability or versatility
If players want to change variance levels, then they can control their risk profile, but they must cash out and move to a different game
Solution Approach 1:
The patent combines multiple independent wagering events into a single game interface, allowing players to place bets on multiple events simultaneously. By merging events with different variances (e.g., high-variance roulette bets and low-variance slot bets) into one unified game, players can control their overall risk profile without cashing out or physically moving to different machines, eliminating time loss while maintaining variance control.
3Adaptability or versatility
If multiple independent events are wagered on simultaneously, then variance control and betting flexibility improve, but the system complexity increases
Solution Approach 1:
The patent creates a universal wagering platform that can handle multiple types of independent events (roulette, slots, card games, etc.) through a single interface and rule set. This multi-functional system allows players to bet on various event types with different variances without requiring separate systems for each game type, reducing overall system complexity while maintaining betting flexibility and variance control.
Data Source
AI summary
A method to implement a wagering game which allows a player to make multiple bets on independent outcomes. The outcome distributions/variances of each of the bets can vary. The player can, for example, place a bet on whether cards drawn from independent decks will have the same suit, the outcomes of which are entirely independent of each other.