IGT (20240212428). WAGERING ON EVENTS IN A STREAMING ENVIRONMENT simplified abstract
Contents
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 20240212428 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.
Key Features and Innovation:
- Enables users to place wagers on games in real-time.
- Utilizes live streaming platforms to stream the games.
- Facilitates interaction between users through the placement of wagers.
- Enhances the gaming experience by adding a betting element.
- Provides a platform for users to engage with each other in a competitive setting.
Potential Applications: The technology can be applied in online gaming platforms, sports betting websites, and live streaming services.
Problems Solved: This technology addresses the need for interactive and engaging gaming experiences, as well as the desire for real-time betting opportunities.
Benefits:
- Enhances user engagement and interaction.
- Adds a new dimension to gaming and live streaming.
- Creates opportunities for social competition and entertainment.
Commercial Applications: The technology can be utilized in online casinos, eSports platforms, and sports betting websites to attract more users and increase revenue streams.
Prior Art: Readers can explore prior art related to real-time gaming interactions, live streaming platforms, and online betting systems to gain a deeper understanding of the technology.
Frequently Updated Research: Stay informed about the latest developments in live streaming technologies, online gaming trends, and interactive betting platforms to enhance the application of this technology.
Questions about the Technology: 1. How does this technology impact the online gaming industry? 2. What are the potential legal implications of integrating betting into live streaming platforms?
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.
