Abstract: A real-time event-based gaming application is disclosed that allows players to compete against themselves or against one another during live sporting and entertainment events. The gaming application allows players to interact with other players and to predict one or more outcomes of upcoming plays, decisions, results, votes, or the like based on real-time odds by wagering points or money on various potential outcomes. Once the play, decision, result, vote or the like occurs, players' point totals are either credited or reduced based on the outcome and amount of the wager placed. Moreover, the gaming application may include a player interface for conveying information to a player and receiving information from the player, and a transceiver for exchanging data over a wireless network. Players may compete for prizes based on their performances in the gaming application.