A method of pari-mutuel betting is provided. Bets regarding the result of
a game, such as a casino game for example, are received from a number of
users. Each bet has a unit stake. One or more inputs for the game are
determined based on event results from a sporting event. A result of the
game is determined for a particular bet based at least on a set of rules
associated with the game and the one or more determined inputs. If the
particular bet is determined to be a winning bet based on the result of
the game for the particular bet, a payout is determined for the
particular bet based at least on the unit stake associated with the
particular bet and the value of the pari-mutuel wager pool that includes
at least a portion of the total of the unit stakes of the plurality of
received bets.