Participation Pool Processing
Participation Pool Processing
The processes by which a Lottery Operator applies the Gaming Product Winning Scheme to the Bets in a Participation Pool.
First the Bets are allocated to Winning Classes, then the function to map Winning Classes to Winnings is computed or looked up and then applied to the Bets using their associated Winning Classes, at which point direct or indirect liabilities to the Retail Customers via the Retailer accrue.
The processes are expected to take particular care to verify the authenticity, integrity and finality of the data being processed. They should also be repeatable. It should be possible to implement the processes independently, say for auditors or other interested stakeholders, given data formats, the Winning Scheme and produce the exact same results given the same input parameters.