Wheel-Spinning Wagering Method and Apparatus for Sequential Outcomes on Multiple Wheels

The present invention relates to the field of wagering devices and methods, novel wagering systems and methods related to big wheel or candy wheel type games.

The Invention: 

An apparatus and method uses three sequential wheel random event generators and is configured to receive wagers that are resolved on a basis of selection of correct orders of wheels with same symbols on the sequence of wheel random event generators.

Benefits:

• A method and system for operating a wagering event includes one to four outcomes on random number
• A large wheel with more than 30 spaces available on the face of the wheel
• Each space is identified with a specific 25 denomination of currency
• Winning outcomes are dependent upon sequences of correspondence of the predefined numbers
• A wagering game is played with the three wheels having three distinct or coincident axes of rotation.
• Wagers are placed on any one sequence to predict outcomes of symbol identification of a single wheel or sequences of wheels.

Market Opportunity: According to IBISWorld, over the next five years, growth in the industry is expected to be driven by increased legalization of sports betting and rising per capita income. Also stated on IBISWorld, industry revenue for casinos and online gambling is currently at $263.3B and is expected to grow between 2023-2028 by a CAGR of 3.1%. Furthermore, according to Verified Market Research, Electronic Table Games (ETG) Market size was valued at USD 1,868.65 Million in 2020 and is projected to reach USD 3,323.10 Million by 2028, growing at a CAGR of 7.09% from 2021 to 2028.

Intellectual property

• U.S. Utility Patent No.: 9,613,485