18085789. WAGERING ON EVENTS IN A STREAMING ENVIRONMENT simplified abstract (IGT)
Contents
- 1 WAGERING ON EVENTS IN A STREAMING ENVIRONMENT
- 1.1 Organization Name
- 1.2 Inventor(s)
- 1.3 WAGERING ON EVENTS IN A STREAMING ENVIRONMENT - A simplified explanation of the abstract
- 1.4 Simplified Explanation
- 1.5 Key Features and Innovation
- 1.6 Potential Applications
- 1.7 Problems Solved
- 1.8 Benefits
- 1.9 Commercial Applications
- 1.10 Questions about Live Betting on Streaming Games
- 1.11 Original Abstract Submitted
WAGERING ON EVENTS IN A STREAMING ENVIRONMENT
Organization Name
Inventor(s)
Dwayne R. Nelson of Las Vegas NV (US)
Anthony Baerlocher of Henderson NV (US)
WAGERING ON EVENTS IN A STREAMING ENVIRONMENT - A simplified explanation of the abstract
This abstract first appeared for US patent application 18085789 titled 'WAGERING ON EVENTS IN A STREAMING ENVIRONMENT
Simplified Explanation
The patent application describes systems and methods that allow a user to place wagers on a game being played by another user and streamed on a live streaming platform.
- Enables users to place wagers on games being streamed live.
- Involves two users - one playing the game and the other placing bets.
- Utilizes a live streaming platform for the game.
- Provides a unique way for users to engage with live gaming content.
- Enhances the interactive experience for viewers and bettors.
Key Features and Innovation
- Integration of live streaming platforms with online betting systems.
- Facilitates real-time interaction between viewers and players.
- Enhances engagement and excitement for both players and viewers.
- Provides a new form of entertainment and social interaction.
- Offers a novel way to monetize live streaming content.
Potential Applications
The technology can be applied in:
- Online gaming and gambling industries.
- Esports events and tournaments.
- Live streaming platforms for various games.
- Interactive entertainment experiences.
- Social betting and gaming communities.
Problems Solved
- Enhances user engagement with live streaming content.
- Provides a new revenue stream for live streaming platforms.
- Creates a more interactive and immersive gaming experience.
- Facilitates social interaction and community building.
- Combines the excitement of gaming with the thrill of betting.
Benefits
- Increased user participation and engagement.
- New revenue opportunities for streaming platforms.
- Enhanced entertainment value for viewers.
- Improved social interaction and community engagement.
- Innovative approach to combining gaming and betting experiences.
Commercial Applications
- Title: "Live Betting on Streaming Games: A New Era of Interactive Entertainment"
- The technology can be used in online gambling platforms.
- It can enhance the user experience in esports events.
- Live streaming platforms can attract more viewers and revenue.
- Betting companies can expand their offerings to include live streaming games.
- Social gaming communities can benefit from the interactive features of the technology.
Questions about Live Betting on Streaming Games
How does this technology impact the online gambling industry?
The technology opens up new opportunities for online gambling platforms to attract more users and increase revenue through live streaming games.
What are the potential challenges in implementing live betting on streaming games?
One potential challenge could be ensuring the fairness and integrity of the betting process, as well as complying with regulations related to online gambling and betting.
Original Abstract Submitted
Systems and methods that enable a first user to place one or more wagers in association with a game being played by a second user and streamed by a live streaming platform.
