Abstract: A method for providing race and sport pari-mutuel wagering by an operator to a player is provided. The method includes providing, by the operator, a first pari-mutuel contest to the player, wherein the first pari-mutuel contest is associated with a race event, providing, by the operator, a second pari-mutuel contest to the player, wherein the second pari-mutuel contest is associated with a sport event, receiving, by the operator, a wager on at least one of the first pari-mutuel contest and the second pari-mutuel contest, and contributing at least a portion of the wager to a pool associated with the at least one of the first pari-mutuel contest and the second pari-mutuel contest, determining a winning outcome associated with the at least one of the first pari-mutuel contest and the second pari-mutuel contest, and paying the player at least a portion of the pool when the wager of the player is associated with the winning outcome.