SYSTEM AND METHOD FOR ON-LINE WAGERING ON REAL-TIME EVENTS

System and method for on-line wagering on real-time events. A computer-implemented method includes displaying, on a display coupled to the computer, at least a portion of a list including available wager categories. The available wager categories correspond to real-time events that are subject to wagers within a gaming system. First user input is accessed at the computer to select one of the available wager categories from the list of available wager categories. Responsive to a selected wager category, a plurality of images of available real-time events of the selected wager category is displayed on the display. The method also includes accessing, at the computer, second user input to select one of the real-time events from the list of available real-time events, responsive to a selected real-time event, displaying, on the display, a list of predetermined wagers corresponding to the selected real-time event and accessing, at the computer, third user input to select one of the predetermined wagers corresponding to the selected real-time event.