Automatic wager method

A method for setting a value of a next wager on an outcome of a single play in a live sporting event, comprising:

• providing, by a base wagering module, an available next wager on the outcome of the single play in the live sporting event;
• storing past wagers in a historical wager database;
• generating, by an odds database, odds for wagers on a next play in a live sporting event;
• prompting, by the base wagering module, a wager proposal module for a wager proposal for the available next wager;
• receiving, by the wager proposal module, contextual data for the live sporting event from at least one sensor;
• querying, by the wager proposal module, the historical wager database for past wager data;
• and
• comparing, by the wager proposal module, past wager data and contextual data of the next play of the live sporting event;
• proposing, by the wager proposal module, a proposed wager for the next play based on a comparison of the past wager data, comprising contextual data for past wagered plays and odds for the past wagered plays, and contextual data of the next play of the live sporting event, wherein the proposed wager is determined when contextual data of the next play matches contextual data for at least one past wagered play and odds fall within a range of odds established by the at least one past wagered play with matching contextual data, and
• determining a proposed wager size, the proposed wager size being an amount equal to an amount in a past wager of the at least one past wagered play with matching contextual data, when a winning outcome and odds of the next available wager match the winning outcome and odds of the past wager of the past wager data.

A system for setting a value of a next wager on an outcome of a single play in a live sporting event;

• comprising:
• a base wagering module, wherein the base wagering module monitors user activity to determine if a user is logged into a wagering network and provides an available next wager on the outcome of a next single play in the live sporting event;
• a historical wager database storing past wager data;
• an odds database that generates odds for the available next wagers on a next play in a live sporting event;
• and
• a wager proposal module;
• wherein the base wagering module prompts the wager proposal module for a wager proposal for the available next wager, and
• wherein the wager proposal module receives the contextual data on the live sporting event, queries the historical wager database for past wager data, and identifies a proposed wager for the next play based on a comparison of the past wager data, comprising contextual data for past wagered plays and odds for the past wagered plays, and contextual data of the next play of the live sporting event, wherein the proposed wager is determined when contextual data of the next play matches contextual data for at least one past wagered play and odds fall within a range of odds established by the at least one past wagered play with matching contextual data, and
• wherein the wager proposal module determines a proposed wager size, the proposed wager size being an amount equal to an amount in a past wager of the at least one past wagered play with matching contextual data, when a winning outcome and odds of the next available wager match the winning outcome and odds of the past wager of the past wager data.