Distribution modeling for electronic sports betting

A computer program product comprising a non-transitory machine-readable medium storing instructions that, when executed by at least one programmable processor, cause the at least one programmable processor to perform operations comprising:

• compound a Conway-Maxwell-Poisson (CMP) binomial distribution with one or more non-CMP distributions to generate a bivariate CMP distribution;
• apply the bivariate CMP distribution to discrete events that can occur within the MOBA video game, the discrete events occurring within multiple rounds of the MOBA video game, each successive round of the MOBA video game having one or more dependencies on all previous rounds;
• model the MOBA video game with the bivariate CMP distribution to generate pricing of any combination of discrete events in the MOBA video game;
• and
• receive and store bets from viewers on any combination of discrete events of the MOBA video game based on the pricing according to the bivariate CMP distribution.

A system comprising:

• a programmable processor;
• and
• a non-transitory machine-readable medium storing instructions that, when executed by the processor, cause the at least one programmable processor to perform operations comprising:
• compound a Conway-Maxwell-Poisson (CMP) binomial distribution with one or more non-CMP distributions to generate a bivariate CMP distribution;
• apply the bivariate CMP distribution to discrete events that can occur within the MOBA video game, the discrete events occurring within multiple rounds of the MOBA video game, each successive round of the MOBA video game having one or more dependencies on all previous rounds;
• model the MOBA video game with the bivariate CMP distribution to generate pricing of any combination of discrete events in the MOBA video game;
• receive and store bets from viewers on any combination of discrete events of the MOBA video game based on the pricing according to the bivariate CMP distribution;
• and
• generate, on a display, a representation of the pricing in real time as the MOBA video game is played.