US 11,837,053 B2
System and method for managing a game of chance
Derek Stevens, Las Vegas, NV (US); Mike Palm, Las Vegas, NV (US); Matt Metcalf, Las Vegas, NV (US); and Chris Bennett, Las Vegas, NV (US)
Assigned to GOLDEN GATE CASINO, LLC, Las Vegas, NV (US)
Filed by Golden Gate Casino, LLC, Las Vegas, NV (US)
Filed on Feb. 1, 2021, as Appl. No. 17/164,104.
Claims priority of provisional application 62/969,071, filed on Feb. 1, 2020.
Prior Publication US 2021/0241581 A1, Aug. 5, 2021
Int. Cl. G07F 17/00 (2006.01); G07F 17/32 (2006.01)
CPC G07F 17/3288 (2013.01) [G07F 17/3211 (2013.01); G07F 17/3276 (2013.01)] 19 Claims
OG exemplary drawing
 
1. A method for managing a game of chance, comprising:
generating a grid with a processing device, wherein the grid is comprised of a plurality of squares defined by a plurality of rows of the squares and a plurality of columns of the squares, wherein the rows are each numbered with one of a plurality of row numbers, and wherein the columns are each numbered with one of a plurality of column numbers;
establishing a first of two teams in a live sporting event as a rows team and establishing a second of the two teams as a columns team with the processing device;
establishing betting odds for each of the squares with the processing device, wherein the betting odds of each of the squares are associated with a likelihood of the square being established as a winning square, wherein each of the squares correlates with the one of the row numbers associated with the row in which the square is located and the one of the column numbers associated with the column in which the square is located, and wherein the squares are each designated as a winning square in response to the score of the live sporting event including a digit of a score of the rows team being the same as the one of the row numbers associated with the square, and a digit of a score of the columns team being the same as the one of the column numbers associated with the square at the end of the predetermined interval of the live sporting event;
presenting the plurality of squares and the betting odds associated with each of the squares on a plurality of graphical user interfaces located remote from one another with the processing device;
receiving a selection of one of the squares and an associated wager from a plurality of users with a plurality of input devices located remote from one another, wherein the betting odds are established prior to receiving the selection;
establishing a winning square after passage of the predetermined interval in the live sporting event;
determining if the winning square was selected by any of a plurality of the users with the processing device;
transferring funds to any of the plurality of users that selected the winning square upon a determination that the winning square was selected by the users, wherein the funds correlate with the wager and the betting odds associated with the square, and wherein the funds are transferred from an account that is at least partially funded apart from the wagers associated with the game of chance; and
changing the betting odds for a plurality of the squares with the processing device during play of the live sporting event to reflect an updated likelihood of the plurality of the squares being established as a winning square, wherein the likelihood is based on at least one occurrence associated with the live sporting event during play of the live sporting event, and dynamically updating the plurality of graphical user interfaces to reflect the changed betting odds with the processing device.