Systems and methods for facilitating betting in a game

A system for high frequency wagering in a game with incremental play events, comprising:

• at least one non-transitory computer-readable medium configured to store instructions;
• and
• at least one processor configured to execute the instructions to perform operations comprising:
• receiving a real-time stream of game data for a live game, wherein the game data contains a series of play event timestamps corresponding to one or more descriptions of one or more play events associated with the live game;
• analyzing the game data to detect a betting event associated with a play event about to take place in the live game, wherein analyzing further comprises:
• locating predefined triggers in the one or more descriptions of the one or more play events;
• and
• identifying a betting event based on the predefined triggers;
• generating betting odds corresponding with the betting event based on an historic data and at least one of an environmental data and a circumstantial data;
• transmitting, to a participant device, a plurality of options, wherein each option of the plurality of options is associated with a possible outcome of the play event;
• receiving, from the participant device, an option indication selected from the plurality of options and option metadata corresponding to the option indication, wherein the option metadata comprises an option indication timestamp of when the option indication was transmitted by the participant device;
• generating a betting window configured to close before the outcome of the play event is determined, wherein the betting window is 10 seconds or less;
• and
• accepting the option indication based on a comparison of the option indication timestamp and the betting window, wherein the betting event is detected and the option indication is received without interrupting the live game.

A non-transitory computer readable medium comprising instructions, which, when executed by at least one processor, cause the at least one processor to perform operations for high frequency wagering in a game with incremental play events, the operations comprising:

• receiving a real-time stream of game data for a live game, wherein the game data contains a series of play event timestamps corresponding to one or more descriptions of one or more play events associated with the live game;
• analyzing the game data to detect a betting event associated with a play event about to take place in the live game, wherein analyzing further comprises:
• locating predefined triggers in the one or more descriptions of the one or more play events;
• and
• identifying a betting event based on the predefined triggers;
• generating betting odds corresponding with the betting event based on an historic data and at least one of an environmental data and a circumstantial data;
• transmitting, to a participant device, a plurality of options, wherein each option of the plurality of options is associated with a possible outcome of the play event;
• receiving, from the participant device, an option indication selected from the plurality of options and option metadata corresponding to the option indication, wherein the option metadata comprises an option indication timestamp of when the option indication was transmitted by the participant device;
• generating a betting window configured to close before the outcome of the play event is determined, wherein the betting window is 10 seconds or less;
• and
• accepting the option indication based on a comparison of the option indication timestamp and the betting window,
• wherein the betting event is detected and the option indication is received without interrupting the live game.