20240029515. PLAYER-FUNDED LOSS AMELIORATION simplified abstract (Acres Technology)
PLAYER-FUNDED LOSS AMELIORATION
Organization Name
Inventor(s)
John F. Acres of Las Vegas NV (US)
PLAYER-FUNDED LOSS AMELIORATION - A simplified explanation of the abstract
This abstract first appeared for US patent application 20240029515 titled 'PLAYER-FUNDED LOSS AMELIORATION
Simplified Explanation
The present invention relates to methods and systems for electronic gaming machines. Specifically, it involves a system where a player's wagers accumulate in a pool that can be awarded to the player as a bonus based on a defined loss threshold. The volatility of the bonus awards can be adjusted.
- The invention is directed towards methods and systems for electronic gaming machines.
- The player's wagers are collected in a pool that can be given to the player as a bonus.
- The bonus is awarded based on a specific loss threshold.
- The volatility of the bonus awards can be modified.
Potential applications of this technology:
- Electronic gaming machines in casinos and other gambling establishments.
- Online gambling platforms and websites.
Problems solved by this technology:
- Encourages players to continue playing by offering the potential for a bonus.
- Provides an additional incentive for players to reach a defined loss threshold.
- Allows for adjustable volatility to cater to different player preferences.
Benefits of this technology:
- Increases player engagement and retention.
- Enhances the overall gaming experience.
- Provides an additional source of excitement and potential winnings for players.
Original Abstract Submitted
embodiments of the present invention are directed to methods and systems in which a player's wagers accrue in a pool that can be awarded to the player as a bonus as a function of a defined loss threshold on an electronic gaming machine. the volatility of the bonus awards is adjustable.
