Systems and methods for providing secure data for wagering for live sports events

A method for betting on a live sporting event, comprising:

• a server platform receiving data relating to the live sporting event;
• the server platform generating odds based on the data relating to the live sporting event, wherein the data from the live sporting event includes data about at least one player at the live sporting event;
• the server platform receiving at least one bet from at least one user device during the live sporting event on at least one aspect of the live sporting event;
• wherein the at least one bet is based on the data received during the live sporting event;
• the server platform accessing a global positioning system (GPS) or a geofencing system;
• the server platform delaying betting from the at least one user device within a predetermined distance of the live sporting event based on location information of the at least one user device obtained from the GPS or the geofencing system;
• and
• the server platform determining at least one betting outcome relating to the live sporting event.

A system for betting on a live sporting event, comprising:

• a server platform operable to communicate with at least one user device;
• wherein the server platform is operable to receive data from the live sporting event;
• wherein the server platform is operable to receive at least one bet during the live sporting event based on at least one aspect of the live sporting event from the at least one user device;
• wherein the server platform is operable to access a global positioning system (GPS) or a geofencing system;
• and
• wherein the server platform is operable to delay betting from the at least one user device within a predetermined distance of the live sporting event based on location information of the at least one user device obtained from the GPS or the geofencing system.