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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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Arctic Bear FaceBook Slot -
Isle of Man developer Multislot has announced that its second Facebook slot product, Arctic Bear, has been ordered by Plaor for use on its Mega Fame social casino Facebook app. Integration will take place early in 2015.
Betradar In Contract With Sisal -
Betradar has clinched a contract for the use of its Live Channel streaming product by Italian operator Sisal, which is using the service in the online and retail facilities of its Matchpoint subsidiary.
Ftops XXVII Starts Nov 30 -
The next edition of the Full Tilt Online Poker Series – the twenty-seventh outing for the popular online tournament – is scheduled to kick off on Sunday November 30 and will run through December 14.
Jonathan Jaffe Wins World Poker Tour Montreal -
Jonathan Jaffe, a 27-year-old internet professional player from Vermont, has triumphed in the C$3,500 buy-in World Poker Tour Montreal tournament, claiming a main event prize worth C$463,432 after defeating Ratharam Sivagnanam in a fiercely fought heads up.
A Look At Pokerstars anti-fraud precautions -
The latest in a series of informative vids on how Pokerstars goes about its business is now available and focuses on the sophisticated anti-fraud and anti-collusion measures deployed at the company’s headquarters on the Isle of Man.
Mike Huckabee Online Gambling InterView -
A Fox Television current affairs program hosted by former Arkansas governor Mike Huckabee plumbed the depths of biased and perhaps deliberately misleading television this week when anti-online gambling campaigner Blanche Lincoln aired her views, which are startlingly similar and equally questionable as those espoused by land casino tycoon Sheldon Adelson in his big-money efforts to outlaw internet gambling.
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