Patent ID: 8360857

Claim:
A method for determining a price, comprising: determining a specified duration of a flat rate play session for a wagering game comprising at least a primary game; determining one of a house edge or information conveying the house edge, to be applied in determining outcomes during the flat rate play session; determining a value of a price parameter for the wagering game, wherein the duration spans a plurality of rounds of the primary game of the wagering game and wherein the price parameter is other than the house edge or the information conveying the house edge; simulating, by a processor of a computing device via an algorithm comprising a Monte Carlo simulation, a play of the flat rate play session for the specified duration of the flat rate play session, using the value of the price parameter and the one of the house edge or the information conveying the house edge; determining, by the processor and based upon the simulation, a simulated payout amount for the flat rate play session; adding a profit margin amount to the simulated payout amount; and determining a price for the flat rate play session of the specified duration based on the simulated payout amount and the profit margin, the price comprising a price at which the flat rate play session is to be offered to players and wherein each round of the plurality of rounds of the primary game is offered to players for a respective predetermined wager amount if purchased outside of the flat rate play session and further wherein the price for the flat rate play session is determined to be less than a sum of the respective predetermined wager amounts of the plurality of rounds comprising the flat rate play session.