Gaming Studio, Inc. today announced the sale of Lot 48, comprised of U.S. Patent Number 5,042,809 and several foreign counterpart patents relating to a finite-probability based electronic gaming system for wagering. The Lot is offered at The Ocean Tomo Fall 2007 Live IP Auction on October 25th at the Palmer House Hilton in Chicago.
Why bet blind when you can play - wager on - electronic finite-probability games that provide players a comprehensive set of real-time game status information? The concern over players deceiving themselves or being deceived about odds of winning while playing slots or video pokers are answered with this, the most straight-forward electronic gaming system ever presented.
The finite-probability gaming system disclosed in Lot 48 brings an entirely new style of electronic game to compliment and, in some cases, compete against continuum-probability and pseudo-continuum-probability based games now found in casinos, video lottery outlets and racinos. This gaming system provides players more game status information than is possible with continuum-probability slot machines or even video poker devices.
The finite-probability games in this system are designed to operate under the major win rule, whereby unsold chances in any given lot are retired after the last major win has been redeemed. What is evolutionary is that players are even informed as to how many major wins remain in each game. Players can actually “beat the house” when winning chances are redeemed early in the play of a given chance pool. The concept of “beating the house” is foreign to existing slots and video poker machines. Players know with this gaming system that every losing chance is actually one chance closer to the displayed quantity of remaining winners, so long as another player doesn’t get them first. Thus, we have player v. player competition to “find” remaining winning chances. The mathematical foundation upon which the games are based is proven profitable.
This finite-probability gaming system allows for intelligent and competitive play. “Players respond. In Minnesota, paper chances sold through a similar operating style and probability construct have outsold instant lottery tickets by over 5:1 over the past three years,” said Joe Richardson, Gaming Studio founder and the inventor/designer of Lot 48. “It is the ideal alternative to video poker devices in non-casino, public sector markets while also being a strong compliment to existing games online or on casino floors.”
For more information on Lot 48 and to register to bid or attend the Ocean Tomo Fall 2007 Live IP Auction, please call 312.377.4851, email auctions@oceantomo.com or visit www.OceanTomoAuctions.com.
About Gaming Studio, Inc.:
Gaming Studio, Inc. is a privately held boutique mechanical and electronic game design company focused on regulated wagering sectors of the market located in Fargo, North Dakota.