System and method for managing calculated odds bets in a blackjack game

A method, comprising:

• receiving by a computing platform from a player via a client computing device in use by the player a first bet against a house entity on a blackjack hand, wherein the computing platform and the client computing device are communicatively coupled via a wireless communications network;
• determining by the computing platform at least a pair of cards for the house entity for the blackjack hand;
• determining by the computing platform at least a pair of cards for the player for the blackjack hand;
• displaying by the computing platform to the player via the client computing device at least one of the cards determined for the house entity and the cards determined for the player;
• subsequent to displaying to the player the at least one card determined for the house entity and the cards determined for the player, offering by the computing platform to the player via the client computing device a plurality of additional bets, at respective offered odds, that the player may place on the blackjack hand,
• wherein each respective additional bet is based on at least one underlying event that may subsequently occur in the blackjack hand, and comprises a bet that the respective underlying event will subsequently occur in the blackjack hand;
• wherein the plurality of additional bets offered to the player comprise at least:
• a bet that the house entity will bust, and
• a bet that the player will win the blackjack hand;
• wherein the offered odds for each respective additional bet indicates a payout when the respective additional bet is a winning bet;
• and
• wherein offering to the player the plurality of additional bets comprises:
• determining by the computing platform, for each event underlying the additional bets, odds of the event occurring in the blackjack hand, including determining odds that the house entity will bust and determining odds that the player will win the blackjack hand, and wherein the computing platform determines the respective odds based at least in part on at least one of:
• (a) at least one of the cards determined for the house entity, and
• (b) at least one of the cards determined for the player;
• and
• determining by the computing platform the offered odds for each respective additional bet based at least in part on the determined odds of the respective underlying event occurring in the blackjack hand;
• and
• receiving by the computing platform from the player via the client computing device a selection of at least one of the plurality of additional bets offered to the player.