Mashable - The Social Media Guide: 2007/05/06/gottabet/
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Pete Cashmore · 2 years agoIs this $1M coming from the VCs, I wonder? Sounds kinda desperate on the face of it.
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Bill · 2 years agoAlso check out Blubet.com
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Ilya Lichtenstein · 2 years agoI don't see how the VCs could allow this. Investing $1 for every registered user is a terrible ROI- any good marketer will give you 10 users for $1!
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Pete Cashmore · 2 years agoAgree. Maybe they calculate that the PR generated will be much greater. So far, they seem to be wrong though - we're the only blog I know of that covered it so far.
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Yaniv · 2 years agoIs this legal? I mean betting for money...
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Pete Cashmore · 2 years agoIt's a British company, so it may be legal for them to host bets. But I think they could do with a few disclaimers/explanations about legality.
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Jamie · 2 years agoJust signed up, really like the idea and think it will be a winner in the office. Andrew, they actually block any payment from the US. In their payment rules they talk about 33 countries from which they accept money.
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Andrew Unsworth · 2 years agoRight right, saw that later. Sounds like they will do nicely and aggregate a large US database for when laws change in US.