Abstract: Systems and methods for determining location-based occurrence probability during a live event, including: receiving, from at least one sensor, movement data for at least one object moving in the live event, wherein the movement data comprises location data of the at least one object in the area of the live event, receiving statistical information for the at least one object, and dynamically determining an occurrence probability for movement of the at least one object, during progress of the live event, for each of a plurality of areas where the live event occurs, where the occurrence probability is determined based on the receiving movement data and based on the received statistical information, and wherein a size of each of the plurality of areas dynamically changes based on at least one of: the received movement data and the received statistical information.

Abstract: A system for providing a computer based wagering game during a live event, comprising: one or more sensors for obtaining in-venue data, at least one source for providing statistical information relative to the live event, and a processing unit, configured to receive data from the at least one source and in-venue data from the one or more sensors, to calculate, in accordance with the real-time situation/development of the live event, the occurrence probability of one or more outcomes of evolving situations and their corresponding odds in a specific period of time during the progress of the live event, and to generate one or more betting events, wherein each of the betting events is based on the probability calculation and corresponding odds.

Abstract: The present invention relates to a method for providing a computer based wagering game during a live sporting event, the wagering game based on events occurring during said live sporting event, a principal objective of the game being to acquire the largest number of wins by the end of the sporting event, comprising: a) generating a plurality of betting events by a game administrator at a game server, wherein each of said betting event based on a bettable event occurring during said sporting event; b) allowing one or more players to participant in said wagering game and to selectively bet on possible outcomes of said betting event; c) closing said betting event after a selected interval such that no further bets can be added to said betting event; d) terminating said betting event; and e) upon termination of said betting event, crediting winners of each of said betting event.

Abstract: The present invention relates to a method for providing a computer based wagering game during a live sporting event, the wagering game based on events occurring during said live sporting event, a principal objective of the game being to ac quire the largest number of wins by the end of the sporting event, comprising: a) generating a plurality of betting events by a game administrator at a game server, wherein each of said betting event based on a bettable event occurring during said sporting event; b) allowing one or more players to participant in said wagering game and to selectively bet on possible outcomes of said betting event; c) closing said betting event after a selected interval such that no further bets can be added to said betting event; d) terminating said betting event; and e) upon termination of said betting event, crediting winners of each of said betting event.