ALEXANDRIA, Va., Jan. 13 -- United States Patent no. 12,525,093, issued on Jan. 13.

"System and method for on-line simulated and non-simulated gambling" was invented by Travis Benes (Dover Gardens, Australia).

According to the abstract* released by the U.S. Patent & Trademark Office: "A method of engaging with an on-line gambling service in which a user accesses an on-line gambling system that monitors real world events and calculates odds in respect of the events and aspects upon which wagers can be placed, the on-line gambling system publishing the events and the aspects upon which wagers can be placed including odds offered to users wherein the user obtains gambling credits from the on-line gambling system, the user places a timely wag...