Patent ID: 8632394

Claim:
A method of operating a gaming system, said method comprising: (a) causing at least one processor to operate with at least one display device and at least one input device to: (i) display at least one auction item, (ii) display to a first player a first plurality of plays of at least one wagering game, (iii) allocate to a first bid a first predetermined portion of at least one of: a wager amount from at least one of the first plurality of plays of the at least one wagering game, and a winning outcome amount from at least one of the first plurality of plays of the at least one wagering game, and (iv) determine if the first bid is a winning bid, wherein said winning bid is selected from a plurality of competing bids including the first bid; and (b) causing the at least one processor to operate with the at least one display device and the at least one input device to provide the at least one auction item to the first player if the first bid is the winning bid.