Patent ID: 8292718
Filing Date: 2012-10-23
Classification: G07F

Abstract:
1. A system for wagering comprising: one or more multi-level wagering accounts wherein each multi-level wagering account has a play value initially equal to or slightly less than a sales price to a current user; one or more gaming machines wherein at least a portion of the play value from the one or more multi-level wagering accounts may be used to purchase a play; and a processor communicably coupled to the one or more gaming machines that distributes the entire sales price accepted from the current user to a specified number of previous users and an operator of the system in accordance with a payout formula, which is not based on a play of any user, by increasing the play value of the multi-level wagering accounts of the specified previous users, increases the play value of the multi-level wagering account of the current user based on the sales price accepted from a specified number of subsequent users in accordance with the payout formula and decreases the play value of the multi-level wagering account of the current user based on the plays purchased by the current user at the one or more gaming machines.