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Method and apparatus for providing insurance policies for gambling losses

USPTO Application #: 20070276705
Title: Method and apparatus for providing insurance policies for gambling losses
Abstract: A method according to some embodiments of the present invention provides for a game server to receive policy requirements of a user for a gambling loss insurance policy from a terminal. The game server determines a premium amount based on the policy requirements of the user and transmits information concerning the premium amount to the user. (end of abstract)
Agent: Walker Digital Management, LLC - Stamford, CT, US
Inventors: Jay S. Walker, James A. Jorasch, Stephen C. Tulley, Michael D. Downs
USPTO Applicaton #: 20070276705 - Class: 705004000 (USPTO)
Related Patent Categories: Data Processing: Financial, Business Practice, Management, Or Cost/price Determination, Automated Electrical Financial Or Business Practice Or Management Arrangement, Insurance (e.g., Computer Implemented System Or Method For Writing Insurance Policy, Processing Insurance Claim, Etc.)
The Patent Description & Claims data below is from USPTO Patent Application 20070276705.
Brief Patent Description - Full Patent Description - Patent Application Claims  monitor keywords

[0001] The present application is a continuation of U.S. application Ser. No. 11/008,554, filed Dec. 9, 2004, which is a continuation-in-part of U.S. patent application Ser. No. 10/365,154, entitled "Method And Apparatus For Providing Insurance Policies For Gambling Losses", filed Feb. 11, 2003 and issued as U.S. Pat. No. 6,869,362 on Mar. 22, 2005;

[0002] which is a continuation-in-part of U.S. patent application Ser. No. 09/816,017, entitled "System and Method for Generating and Executing Insurance Policies for Gambling Losses", filed on Mar. 23, 2001 and issued as U.S. Pat. No. 6,561,903 B2 on May 13, 2003; which is a continuation of U.S. patent application Ser. No. 09/168,398 entitled "System and Method for Generating and Executing Insurance Policies for Gambling Losses", filed on Oct. 6, 1998 and issued as U.S. Pat. No. 6,254,482 B1 on Jul. 03, 2001;

[0003] which is a divisional of U.S. patent application Ser. No. 08/804,060 entitled "System and Method for Generating and Executing Insurance Policies for Gambling Losses", filed on Feb. 21, 1997 and issued as U.S. Pat. No. 6,113,493 on Sep. 5, 2000.

[0004] The content of each of these applications is incorporated herein by reference.

CROSS-REFERENCE TO RELATED APPLICATIONS

[0005] The present application is related to U.S. patent application Ser. No. 11/423,166 filed on Jun. 9, 2006 in the name of Walker et al. and entitled "METHOD AND APPARATUS FOR PROVIDING INSURANCE POLICIES FOR GAMBLING LOSSES".

[0006] The present application is related to U.S. patent application Ser. No. 11/423,168 filed on Jun. 9, 2006 in the name of Walker et al. and entitled "METHOD AND APPARATUS FOR PROVIDING INSURANCE POLICIES FOR GAMBLING LOSSES".

[0007] The present application is related to U.S. patent application Ser. No. 11/423,171 filed on Jun. 9, 2006 in the name of Walker et al. and entitled "METHOD AND APPARATUS FOR PROVIDING INSURANCE POLICIES FOR GAMBLING LOSSES".

[0008] The present application is related to U.S. patent application Ser. No. "______" (04-059-C5) filed concurrently herewith in the name of Walker et al. and entitled "METHOD AND APPARATUS FOR PROVIDING INSURANCE POLICIES FOR GAMBLING LOSSES".

[0009] The present application is related to U.S. patent application Ser. No. "______" (04-059-C6) filed concurrently herewith in the name of Walker et al. and entitled "METHOD AND APPARATUS FOR PROVIDING INSURANCE POLICIES FOR GAMBLING LOSSES".

[0010] The present application is related to U.S. patent application Ser. No. "______" (04-059-C7) filed concurrently herewith in the name of Walker et al. and entitled "METHOD AND APPARATUS FOR PROVIDING INSURANCE POLICIES FOR GAMBLING LOSSES".

[0011] The present application is related to U.S. patent application Ser. No. "______" (04-059-C8) filed concurrently herewith in the name of Walker et al. and entitled "METHOD AND APPARATUS FOR PROVIDING INSURANCE POLICIES FOR GAMBLING LOSSES".

[0012] The present application is related to U.S. patent Application Ser. No. "______" (04-059-C9) filed concurrently herewith in the name of Walker et al. and entitled "METHOD AND APPARATUS FOR PROVIDING INSURANCE POLICIES FOR GAMBLING LOSSES".

[0013] The present application is related to U.S. patent application Ser. No. "______" (04-059-C10) filed concurrently herewith in the name of Walker et al. and entitled "METHOD AND APPARATUS FOR PROVIDING INSURANCE POLICIES FOR GAMBLING LOSSES".

[0014] The present application is related to U.S. patent application Ser. No. "______" (04-059-C11) filed concurrently herewith in the name of Walker et al. and entitled "METHOD AND APPARATUS FOR PROVIDING INSURANCE POLICIES FOR GAMBLING LOSSES".

[0015] The present application is related to U.S. patent application Ser. No. "______" (04-059-C12) filed concurrently herewith in the name of Walker et al. and entitled "METHOD AND APPARATUS FOR PROVIDING INSURANCE POLICIES FOR GAMBLING LOSSES".

FIELD OF THE INVENTION

[0016] The present invention relates generally to methods and apparatus for gambling.

BACKGROUND OF THE INVENTION

[0017] Gambling at casinos has long been a popular activity. Casinos offer a wide variety of games such as slot machines and table games. Games may be played through various devices, or may be conducted without a device. Examples of devices for games include, without limitation, personal computers, video poker machines, pachinko machines, video blackjack machines, video keno machines, video lottery machines, video bingo machines, and reeled slot machines (e.g., mechanical and/or video reeled slot machines).

[0018] Regardless of the particular type of game, gambling generally exposes the players to unpredictable gambling losses. Thus, gambling may result in a substantial financial loss to the player.

BRIEF DESCRIPTION OF THE DRAWINGS

[0019] The accompanying drawings, which are incorporated in and constitute a part of this specification, illustrate some embodiments of the invention, and together with the description serve to explain the principles of some embodiments of the invention:

[0020] FIG. 1 is a block diagram of a system according to one or more embodiments of the present invention;

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