2 is a showing of the status of a pyramid fund and prize money paid to winners of four second level games of the tournament that are played during a four week interval andįIG. 1 is a showing of disbursements of fees paid to play in entry level games of a tournament during a twenty four hour interval įIG. Other objects, features, and advantages of the invention should be apparent from the following description of the preferred embodiment thereof as illustrated in the accompanying drawing. A winner of the second level game receives a percentage of the pyramid fund and an opportunity to compete in a higher level game of the tournament against other second level game winners. The entry level game winner is given an opportunity to compete in a second level game of the tournament against other entry level game winners. ![]() At the end of the play period, a percentage of the entry fees is paid to a winner of the entry level game and a percentage of the entry fees is paid into a progressive account called a pyramid fund. SUMMARY OF THE INVENTIONĪn object of the present invention is a gaming tournament structured to have many participants.Īnother object of the present invention is a gaming tournament structured to have multiple winners.Īnother object of the present invention is a gaming tournament structured to provide a high payout to a winner.Īnother object of the present invention is a high payout gaming tournament having a generally affordable entry fee.Īccording to the present invention, periodically, players pay an entry fee to compete in an entry level game of a tournament during a play period. Heretofore, there has not been a large payout tournament with the generally affordable entry fee. ![]() The high payout tournament with the generally affordable entry fee can be accomplished by having an increased number of tournament participants. Therefore, there is a need for a high payout tournament where a participant pays a generally affordable entry fee. ![]() The one million dollar payout tournament is rare because the entry fee limits participation to the wealthiest players. A limitation of the one million dollar payout tournament is that the entry fee is frequently on the order of thousands of dollars. There are tournaments where the payout is in excess of a million dollars. People who pay the entry fee are likely to have money to spend in the casino. Participation in the tournament is conditioned upon payment of an entry fee into a pool from which a payout of a prize is made to a tournament winner. A widely used marketing strategy is to position the casino as a host to a gaming tournament, such as a blackjack, a poker or a slot machine tournament. To be successful, a casino's property must be marketed to gamblers willing to spend their time and money at the casino. This invention is in the general field of gaming and, more particularly, is a gaming tournament with a hierarchal structure. In the method of claim 1 wherein said higher level game starts after a conclusion sum has been paid into the pyramid fund. In the method of claim 5, the additional step of alloting a higher level time limit for said higher level game, said higher level time limit including a play period.ħ. In the method of claim 3 wherein said entry level game winners enter said higher level game with chips equal in number to chips in their posession at the completion of the entry level game that they won.Ħ. The method of claim 3 wherein said step of determining includes declaring the player with the most chips at the end of the play period a winner.ĥ. The method of claim 1 wherein the step of periodically providing includes the additional steps of: allotting an entry level time interval for said entry level game, said entry level time interval including a play period and giving each player an equal number of chips that are risked during said play period.Ĥ. The method of claim 1, including the additional step of paying a percentage of the pool to a tournament host.ģ. In the method of structuring a hierarchal gaming tournament, comprising the steps of: periodically providing a plurality of players who pay an entry fee into a pool to compete in an entry level game of the tournament, a percentage of said pool being a resource level of the tournament paying a percentage of the resource level into a pyramid fund determining winners of entry level games making a payout of a percentage of said resource level to entry level game winners providing an opportunity to said entry level game winners to compete in a higher level game of the tournament and making a payout of a portion of said pyramid fund to a winner of said higher level game.Ģ.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |