1. A system configured to provide an augmented reality experience, the system comprising: a display configured to display an overlay image; an image sensor configured to generate visual output signals conveying visual information within a field of view of the image sensor, the visual information including depictions of a first object and a second object present in the real world; one or more physical processors configured by machine readable instructions to: detect presence of the first object based on the visual output signals; detect presence of the second object based on the visual output signals; determine a position and orientation of the first object based on the visual output signals; determine a position and orientation of the second object based on the visual output signals; determine a relative orientation between the first object and the second object; determine a first visual effect for the first object; determine a second visual effect for the second object; determine an overlay position and overlay orientation for the first visual effect based on the position and orientation of the first object; determine an overlay position and overlay orientation for the second visual effect based on the position and orientation of the second object; determine the overlay image comprising the first visual effect and the second visual effect, wherein the first visual effect is placed within the overlay image according to the overlay position and overlay orientation for the first visual effect and the second visual effect is placed within the overlay image according to the overlay position and overlay orientation for the second visual effect; effectuate presentation of the overlay image on the display so that the first visual effect appears to augment an appearance of the first object within the real world and the second visual effect appears to augment an appearance of the second object within the real world; and determine an interaction between the first visual effect and the second visual effect based on the relative orientation between the first object and the second object.