SYSTEM AND METHOD FOR ACCEPTING AND CREATING ELECTRONIC WAGERS

System and method for accepting and creating electronic wagers. A computer-implemented method includes displaying a list including available high-level categories, wherein the available high-level categories correspond to events that are subject to wagers within a gaming system, accessing first user input to select one of the available high-level categories from the list, responsive to a selected high-level category, displaying a list of available sub-categories of the selected high-level category, and accessing second user input to select one of the sub-categories from that list. The computer-implemented method also includes responsive to a selected sub-category, displaying a list of predetermined wagers corresponding to the selected high-level category and the selected sub-category, accessing third user input to select one of the predetermined wagers, and responsive to a selected predetermined wager, displaying a first window for accepting the selected predetermined wager and a second window for creating the selected predetermined wager.