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Police investigating facebook betting
Computerworld reports that the latest trend - toward community websites like Facebook - is on the FBI's radar for possible online betting violations.
Apparently March Madness office pools on social networks have caught the attention of the FBI. "There could be a violation if there's a payout and if the operators take a cut," an FBI spokesman said.
The company declined further comment
CBSSports.com maneuvered earlier this year to make it easier for Facebook users to become involved in betting pools for the NCAA Division 1 Men's Basketball Tournament, which gets under way this week.
In early February, CBSSports.com unveiled an application that allows Facebook users to fill out brackets for the tournament and compare their picks with those of their friends on the site.
The new CBSSports.com Tournament Brackets application provides Facebook users with access to tournament coverage from CBS Sports, CBSSports.com and NCAA.com, in addition to letting them fill out and manage brackets on Facebook. The site also includes links to the March Madness on Demand service for live streaming video coverage.
Promoting online gambling was "not our intent with the application," LeslieAnne Wade, a senior vice president at CBS, said. "These are new issues that are going to require new thought processes and new answers. [CBS will] look at it."
Sean Aune, a blogger, noted that while law enforcement agencies don't generally target office pools, "bringing [pools] to a site such as Facebook is just a little too open and too easy to detect to ignore. It seems there are over 20 000 Facebook groups involved with some form of bracket betting, but not all are involved with cash gambling."
But, Aune also noted, "with an estimated 48 percent of the population involved in some form of pool for March Madness, you can understand how even the authorities might have to endure some measure of illicit gambling on the Web - whether via social networks or otherwise."
3 Top Bitcoin Poker Sites -
Bitcoin, in particular, is a cryptocurrency that you can use on various online poker sites and it allows a faster and cheaper way to get money into and out of the online poker site.
Kentucky Derby Odds: Justify still Favorite -
With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.
888Poker Takes Over the States -
With more and more states moving toward online casino integration, an increasing number of international players are moving in on American territory. Who will take the crown of the most popular online poker venue in the United States?
Top gambling ICOs to watch this year -
The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.
MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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