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SOCIAL BETTING GAME LAUNCHES ON FACEBOOK
01/04/2012 : Similar concept to a Vegas Sportsbook
The industry saw another example of the thin line between social gaming and a potential cross-over to online gambling in Socialitize Ltd's launch of a new social betting game 2BET2 on Facebook this week.
The new game for Facebook users in essence provides players with an online sportsbook betting on current real-life sporting events using BB$, the game's virtual currency.
Players are able to bet on global sports events against the house or against one another using betting odds derived in the same way as a conventional sportsbook on all major sports including Football (League and College), Basketball (Association and College), Hockey, Baseball, 25 different European Football leagues, Rugby Union/League, Cricket, Tennis and Golf.
Socialitize's chief executive officer Adrian Brink is well versed in the real world of online gambling having established internet lotteries during his tenure as lottery director at Inter Lotto, a charitable foundation licensed by the Lichtenstein government in 1995 and various other positions within the industry.
"I saw an opportunity to provide a betting experience to the millions of sporting fans in jurisdictions where conventional sports betting is illegal or unavailable," said Brink. "We have tried to remain true to the style and form of more normal sports books while at the same time adding these great social hooks. While we may not achieve the level of monetisation as the large bookmakers, we are well positioned to achieve far greater levels of player participation."
"Users love the social betting hooks within the game," added Brink. "By showing players their friends' bets and allowing them to taunt or respect these bets we achieve a level of social interaction far higher than one sees in many other Facebook games. This – together with the Challenge-a-Friend functionality – really brings home the difference between 2BET2 and other betting games."
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Silent Movie slot Launches -
IGTs latest slot goes back in time to the early days of the cinema, with the theme of the 5 reel, 30 pay-line game capturing the flickering silver screen and tinny piano sound effects of the Silent Movie.
2016 #WSOP Event 37 -
Xus chances did not appear that good at the start of the final day; he has down in the lower of the chip stacks among the 17 talented survivors of an originally 776-strong field.
2016 #WSOP Event 33 -
The two had survived five days of torrid competition as they made their way through a field of 1,840 to face each other in the heads up, with the Austrian holding a small advantage, but Mateos relentlessly narrowing the gap before seizing the lead.
2016 WSOP Event 38 -
Lebrons victory delivered his first WSOP bracelet and a prize of $169,337, a hefty addition to the $212,779 he won just days earlier as runner up in the $3,000 buy-in Six-Max Pot Limit Omaha event.
How Accurate was the California Online Poker Survey -
The online publication Flushdraw took a closer look at the recently released Fairbank, Maslin, Maullin, Metz & Associates (FM3) poll, which purported to show that Californians are not in favour of legalised online poker, and expressed reservations over the accuracy of the findings.
Winaday Launches Zodiac Slot -
Online casino WinADay, which is powered by proprietary software, has announced the launch of a new 5 reel, 40 pay-line slot branded Zodiac.
Paul Telford joins Annexio Group -
Paul Telford, a 17-year veteran in the online gambling industry and former General Counsel at Pokerstars parent The Rational Group, has joined the Isle of Man-based Annexio Group, a lottery betting services provider, in a similar capacity.
Microgaming Gets Romanian Gambling License -
A number of Romanian and .com operators are now preparing to take Microgaming’s Quickfire platform live in Romania, Prima advised Thursday in a press release. Supporting hundreds of games on desktop and mobile, Quickfire is designed for rapid deployment.
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