View source for WagerWheel LLC (20240233481). METHODS AND SYSTEMS FOR A CASINO AND/OR SPORTS BETTING GAMING PRODUCT simplified abstract

=METHODS AND SYSTEMS FOR A CASINO AND/OR SPORTS BETTING GAMING PRODUCT=


==Organization Name==

[[:Category:WagerWheel LLC|WagerWheel LLC]]


[[Category:WagerWheel LLC]]

==Inventor(s)==

[[:Category:Nicholas R. Corlett of Park Ridge IL (US)|Nicholas R. Corlett of Park Ridge IL (US)]][[Category:Nicholas R. Corlett of Park Ridge IL (US)]]

==METHODS AND SYSTEMS FOR A CASINO AND/OR SPORTS BETTING GAMING PRODUCT - A simplified explanation of the abstract==


This abstract first appeared for US patent application 20240233481 titled 'METHODS AND SYSTEMS FOR A CASINO AND/OR SPORTS BETTING GAMING PRODUCT

The abstract describes a casino/sports-betting gaming system that includes an odds booster game for sports betting. This game allows bettors to increase their odds for their sports bets through a random number generator operating within a machine learning algorithm.

* The odds booster game involves a processor that generates line adjustment graphics and odds adjustment graphics, calculating and adjusting line and odds adjustments based on the outcomes of the game.
* Bettors can interact with the game by spinning wheels or wagerwheels, choosing a desired bet, entering a bet amount, and spinning the wheel(s) to determine the outcome.
* Depending on the results of the spin, the wheel will either add or subtract from the selected line and/or odds, giving bettors the opportunity to boost their odds for their sports bets.

Potential Applications:
- Enhancing the sports betting experience for users
- Providing a unique and interactive way to adjust odds in real-time

Problems Solved:
- Increasing user engagement and excitement in sports betting
- Allowing bettors to have more control over their odds

Benefits:
- Improved user experience
- Increased chances of winning for bettors
- Real-time adjustments to odds based on user input

Commercial Applications:
The technology could be utilized by online sports betting platforms to attract more users and increase user retention. It could also be integrated into physical casinos to offer a new and exciting gaming experience.

Prior Art:
Prior art related to this technology may include existing sports betting systems with odds adjustment features, as well as casino games that involve random number generators and machine learning algorithms.

Frequently Updated Research:
Research on user engagement and satisfaction with interactive gaming features in sports betting could provide valuable insights into the effectiveness of the odds booster game.

Questions about the technology:
1. How does the odds booster game differentiate itself from other sports betting systems?
2. What are the potential implications of integrating this technology into online sports betting platforms?

Overall, the odds booster game in the casino/sports-betting gaming system offers a unique and interactive way for bettors to increase their odds and enhance their sports betting experience.


==Original Abstract Submitted==

a casino/sports-betting gaming system with methods and systems may include an odds booster game used for sports betting. the odds booster game may be a casino game that allows a bettor the chance to increase their odds for their sports bets. the odds booster game may include a random number generator operating within a machine learning algorithm and executing within a processor that generates a line adjustment graphic and/or an odds adjustment graphic and calculates and adjusts a line adjustment and an odds adjustment using the line adjustment graphic and the odds adjustment graphic. the line adjustment graphic and the odds adjustment graphic may be defined as wheels or wagerwheels, where a bettor will simply choose a desired bet, enter a bet amount, and spin the wheel(s) and depending on the outcome of the spin, the wheel results will either add or subtract to the selected line and/or odds.



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