Systems and methods for wagering on non-animal multi-stage racing events such as motorsports events are provided. The systems and methods include a wagering system configured to acquire event data for the event. The wagering system may distribute the data to wagering placement entities such as on-track sites, off-track wagering sites, casinos, mobile wagering applications, and desktop wagering applications. The wagering system generates odds based on the event data and the wagers. Wagering for a stage of an event may take place up to the beginning of the stage. Wages may be placed on single stages or combinations of stages.