Abstract: A system for pari-mutuel wagering on actual past events includes, in one embodiment, game terminals and a game server, all couplable to a network. The game terminals are configured to receive respective initial pari-mutuel wagers on a historic gaming event from respective players. The game terminals are further configured to receive respective winner selections for the historic gaming event for respective players. The game server is configured to randomly select the historical gaming event from a database and determine respective payouts for the game terminals based on results of the historical gaming event and the respective winner selections. The game server is further configured to admit at least one of the respective players to a bonus game, provide a bonus pool for the bonus game, and determine bonus payouts from the bonus pool to the at least one of the respective players based on bonus game results.