IGT (20240212427). WAGERING ON EVENTS IN A STREAMING ENVIRONMENT simplified abstract

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WAGERING ON EVENTS IN A STREAMING ENVIRONMENT

Organization Name

IGT

Inventor(s)

Dwayne R. Nelson of Las Vegas NV (US)

Kevin Higgins of Reno 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 20240212427 titled 'WAGERING ON EVENTS IN A STREAMING ENVIRONMENT

Simplified Explanation:

This patent application relates to systems and methods that allow a first user to place wagers on a game being played by a second user and streamed by a live streaming platform.

Key Features and Innovation:

  • Enables users to place bets on live-streamed games.
  • Involves real-time interaction between users and the game being streamed.
  • Provides a platform for users to engage in interactive and immersive betting experiences.

Potential Applications: This technology can be applied in:

  • Online gambling platforms.
  • Esports betting websites.
  • Live sports betting platforms.

Problems Solved:

  • Enhances user engagement in live-streamed games.
  • Provides a new form of entertainment for users.
  • Facilitates real-time betting experiences.

Benefits:

  • Increased user participation and engagement.
  • Enhanced entertainment value for users.
  • Real-time interaction and betting opportunities.

Commercial Applications: The technology can be utilized in:

  • Online gambling websites.
  • Esports betting platforms.
  • Live sports betting applications.

Questions about the Technology: 1. How does this technology ensure fair play and prevent cheating in live betting scenarios? 2. What measures are in place to protect user data and ensure secure transactions in this system?


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.