Electronic Syndicated Lottery Platform, System and Method
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United States of America Patent
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Issued Date -
Feb 4, 2016
app pub date -
Jul 24, 2015
filing date -
Jul 31, 2014
priority date (Note) -
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Abstract
An electronic syndicated lottery platform, system and method provides for syndicated lottery activities for groups. In aspects, with a first software module, a request is received to establish a primary syndicate wager, wherein the request includes a designation of a specific number of players or a range of a number of players to be included in a wagering group, and further includes at least one type of wagering game to be played, and further receives a designation of one or more players to be invited to join the wagering group, wherein each of the one or more players has a player transaction account. With a second software module, payment is collected for the primary syndicate wager, the wagering game to be played is registered with a game operator, and a determination is made as to whether a win has occurred. Upon a win occurring, embodiments of the system can automatically and electronically credit the player transaction accounts in the wagering group.
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