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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."
ALBERTA STILL UNDECIDED ON INTERNET GAMBLING -
The Alberta Gaming and Liquor Commission continues to study the issue of online gambling legalisation and the experiences of British Columbia, Ontario, Mantitoba and Quebec, which have already regulated and licensed the pastime.
Caution against excessive tax For Pennsylvania online gambling -
The lively debate on internet gambling legalisation in Pennsylvania, and the legislative proposals currently on the table in that state, received the attention of two experienced industry executives over the weekend when Poker Players Alliance executive director John Pappas, and the CEO of the All American Poker Network, David Licht, spoke out in the publication TribLIVE.
2015 WSOP Event 68 -
In event 68, the $10,000 Dealer's Choice competition, El Monte, California professional player Quinn Do (39) adopted a singularly successful strategy of choosing not his own favourite games, but those in which his opponents seemed weaker, augmenting this with changing tactics that kept his opposition off-balance.
2015 WSOP Event 65 -
British property investor and part-time high stakes mixed game player Gerald Ringe claimed his first and the UK's third bracelet this season by winning event 65, and California pro Quinn Do crushed all in his path on the way to winning his second bracelet after an interval of ten years.
2015 WSOP Event 64 -
In Event 64, six online players who had earlier survived an internet field of 905 took their seats for the live finale in Las Vegas of the $1,000 buy-in WSOP.com NLHE, all with ambitions for the $859,750 prize pool.
2015 WSOP Event 62 -
The WSOP.com semi-online event was played at six-man live table in Las Vegas, and a New Jersey pro took down the inaugural Bounty NLHE competition.
2015 WSOP Main Event Starts Today -
Ten days have been set aside for the event, number 68 on the WSOP schedule, which is expected to attract thousands of players, among them the most accomplished in international competitive poker.
Bet365 betCall product alleged to be circumventing local betting law -
The Interactive Gambling Act 2001 prohibits the placing of bets on events that have started except via telephone," the newspaper explains, observing that the three UK-headquartered companies get around this requirement by only accepting bets if punters have their computer microphones turned on.
Romania Blacklists 50 Online Gambling Websites -
Oficiul National pentru Jocuri de Noroc (ONJN), the Romanian gambling authority, has announced the publication of a blacklist identifying 48 websites that have accessed Romanian online punters without the necessary licensing and have consequently been banned.
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