Betting App Between Friends
2021年6月14日Register here: http://gg.gg/uzqyi
[toc]With football season quickly approaching, sports gaming apps are queuing up once again for fans’ second-screen attention.
Proposition betting doesn’t only take place in a sportsbook. Bets with a friend for random activities also fall into the category of a prop bet. For example, a bet that a friend can’t finish 40 pushups during a game of poker might be considered a personal prop bet between friends. This superfun and totally free app challenges your friends and family - near or far - to join you in your weight-loss journey. Download our FREE app and start your group weight loss challenge today. The app integrates with Twitch or other streaming services to capture data, monitor the match, record wins and direct the money to the winner. The company’s core audience is between 18 and 35, and the. Sports Betting Apps vs Online Sportsbooks. The difference between the two is – drum roll please – not much. Internet sportsbooks and betting apps offer the same features. Betting NBA or NFL on your.
In-game options for consumer engagement won’t just stop at daily fantasy sports products offered by the likes of DraftKings and FanDuel.
They’ll also include games like the Chicago-based app Bait, which aims to offer viewers and fans something closer to a traditional wagering experience.How it works
Bait is a sports betting platform for iOS that will allow users to bet on spreads of games across a variety of sports. It syncs with your phone’s contacts, identifying other Bait users who might want to take the opposite side of a bet.
For example, say you’re a Carolina Panthers fan who thinks your team will cover the minus-3 spread against the Denver Broncos in the season’s opening game, you can make this wager (Bait uses lines from Vegas sportsbooks). You can challenge your buddy to bet the opposite side, that the Broncos will either win or lose by fewer than three points.
As ChicagoInnonotes, Bait wants to provide users with not only a legal betting alternative to DFS, but one that customers feel comfortable engaging in.
It avoids pitting bettors against strangers over the internet, and it steers clear of any sort of unregulated, offshore sportsbook. Furthermore, an app purchasable from recognizable online retailers like the Apple Store could lend an air of legitimacy to the product.
The app is still in beta. Bait founder Ian Peacock said he expects the app to release during the NFL preseason, which begins with the Hall of Fame Game on Aug. 7.Friends go further
By pairing two bettors up on opposite sides of a bet, Bait functions similar to a betting exchange, likeBetfair, except users who are paired up to bet ostensibly already know one another.
Pairing acquaintances to make bets could go a long way toward furthering this level of comfort, and not just out of a sense of familiarity.
After an underlying game is completed, the app directs users to each other’s Venmo accounts in order to settle up, while offering a unique twist: Losing bettors don’t have to pay up.
If this sounds like a platform rife for abuse and unpaid winnings, there are a few details to consider:
*First, a person could be more likely to pay out in a bet with someone they know as opposed to an anonymous name on the Internet.
*Second, there will be some measure of transparency with Bait. How do you know if your buddy reneges all the time on bets? All users will have a rating that notes when they don’t pay up.
*Third, by eliminating the obligation to pay up, Peacock says the site eliminates users from having to take a risk. Without risk, he says, there is no gambling consideration.Ads are the new vig
There is another key difference, however, between Bait and a traditional betting exchange. The app doesn’t take a cut Fruit warp slot free play. , or “vigorish,” that a bookmaker traditionally takes.
According to ChicagoInno, the site will use advertisements to make money instead of monetizing through vig.
While this is an interesting idea, it could prove challenging to pull off.
Research firms estimate mobile advertising click-through rates are generally better for in-app ads than for mobile web ads. Jupiter Research projects nearly $17 billion will be spent on in-app advertising in 2018, up from less than $4 billion in 2013.
Those percentages and revenue figures won’t mean much for Bait, however, if it can’t scale its user base.
Expanding through the tree-map of users’ cell phone contacts is a good start, but that type of exponential expansion can take time, consistency in the marketplace, and can be dependent on a positive user experience.
One app with a similar model is that of WinView Games. It also targets the friend-to-friend betting space and is also fueled by ad revenue. But WinView offers live, in-play prop selections (e.g. “Will Cam Newton throw at least 3 touchdowns today?”) as opposed to spread wagers, and uses its own virtual dollars system rather than real money. It received $3.4 million in venture funding earlier this year.
Peacock says that while Bait is entirely self-funded so far, it is in the process of raising money. Illinois gaming landscape
Attorney General Lisa Madigan made (perhaps overlooked) headlines late last year, when just hours before Christmas Day she opined that FanDuel and DraftKings illegal gambling sites.
Those parties have been in a court battle ever since, and the gaming landscape for operators in Illinois hasat times felt uncertain.
Bait, though, is not a daily fantasy sports product. It is a sports betting product — one where the “book” doesn’t take a cut and wagers may or may not be paid out.
So does that make it legal?
Section 28-1(a) of the state’s criminal code lists (among many others) three such violations of wagering that theoretically could pertain to the game:
“A person commits gambling when he or she: (1) knowingly plays a game of chance or skill for moneyor other thing of value, unless excepted in subsection (b) of this Section; (2) knowingly makes a wager upon the result of any game, contest, or any political nomination, appointment or election;…. (5) knowingly owns or possesses any book, instrument or apparatus by means of which bets or wagers have been, or are, recorded or registered, or knowingly possesses any money which he has received in the course of a bet or wager.”
One of the many exemptions to subsection A, however, are “games of skill or chance where money or other things of value can be won but no payment or purchase is required to participate.”
Peacock says this exemption ensures Bait’s legality. To book make, or not to book make
Illinois defines bookmaking as follows:
“A person engages in bookmaking when he or she knowingly receives or accepts more than five bets or wagers upon the result of any trials or contests of skill, speed or power of endurance or upon any lot, chance, casualty, unknown or contingent event whatsoever, which bets or wagers shall be of such size that the total of the amounts of money paid or promised to be paid to the bookmaker on account thereof shall exceed $2,000. Bookmaking is the receiving or accepting of bets or wagers regardless of the form or manner in which the bookmaker records them.”
Bait, it would appear, does not accept or receive wagers. Its software allows two potential bettors to connect. Bait provides the lines, sourcing Las Vegas sportsbooks.
Similar logic, however, did not stop one state supreme court from finding a similar company guilty of bookmaking.
A Washington state-based exchange that also allowed bettors to opt out of bets was found in 2010 to be in violation of state betting law because it operated as a bookmaker. Peacock said the site, Betcha.com, served as inspiration for Bait.
The ruling came despite its lawyers’ insistence that the pairing up of two bettors on a platform did not amount to “accepting” bets.Familiar federal triumvirate
The federal frameworks governing sports betting are all too familiar: PASPA, the Wire Act and UIEGA.
As one industry source noted, NFL attorney Paul Clement commented during oral arguments earlier this year in the New Jersey sports betting trial that, under the Professional And Amateur Sports Protection Act, which outlaws single-game wagering in all states but Nevada, casual bets between friends of up to $1,000 could potentially be legal.
The same industry source noted that the Wire Act, which prohibits the transmission of betting information across state lines,pertains not only to gambling, but often refers to bookmaking specifically. This reinforces the potential importance of a favorable interpretation of the state’s bookmaking statute.
It’s unclear if Bait, individual bettors, or others would be found in violation of the Unlawful Internet Gambling Enforcement Act, which prohibits payment providers from knowingly accepting funds for unlawful gambling-related transactions.
Bettors on Bait will be prompted to facilitate payments through Venmo. Venmo is a subsidiary of PayPal, which for the past several years has tried its best to identify and stop all NCAA Tournament pool-related payments made using its service every March.Tracking informal P2P betting
Of little doubt, however, is that betting between friends remains popular.
One in four Super Bowl viewers surveyed earlier this year by the Mellman Group said they’d placed a bet with a friend on a sporting event the past year. One in three said they had bet on the Super Bowl itself at some point.
Casual betting between friends, which likely comprises a significant portion of the $145 billion the American Gaming Associationestimates was wagered illegally in 2015, is also difficult to track. Bait could be among the first apps to help do so.
Even if regulators were to make a case that Bait violated state or federal law, they would likely only do so once the app gained significant exposure and took in sizable amounts of money on bets. That could be a ways off.
Regulators and attorneys general raised claims with DFS operators, for example, in 2015 — nearly a decade after the industry first formed.
One thing remains certain: If Bait establishes itself in the mobile sports gaming space, it could be well-positioned in the event a forthcoming federal, sports betting legalization effort is successful.
A proposition bet in sports betting are more commonly known as a “prop bet.” This kind of betting is very popular overseas. It is now one of the fastest-growing segments of the sports betting industry in the United States. The growth of prop betting at online sportsbooks is evolving and constantly changing as new legal betting states open up new kinds of opportunities.Golf Betting App
Some prop bets may sometimes appear to be similar to futures bets. The difference between the two bets is that a prop bet is a wager on an individual player or specific event. However, the majority of prop bets at a sportsbook are on individual players and not the entire team during a game. Both opportunities may be available depending on the game.Prop bet search tool
Looking for a player or team to bet on in any sport? Use our search tool below to find the different ways to bet, along with the best available odds at sportsbooks in the US.Prop betting origins
Prop bets became popular in the United States with the Super Bowl. The specific explosion of prop betting started at the Westgate in Las Vegas (previously known as Las Vegas Hilton). The team at the Las Vegas SuperBook was the first Nevada sportsbook operator to offer a large number of prop bets for an individual game.Free Betting Apps For Android
Today, all sportsbook operators in Nevada offer hundreds of Super Bowl prop bets, and online sportsbook operators in New Jersey(like DraftKings Sportsbook pictured above), Pennsylvania and more legalized states have followed.
Prop betting started modestly with the Super Bowl but continues to grow. Some sportsbook operators offer prop bets every week during the pro football season. Fewer sportsbook operators offer prop bets every day for other sports. The evolution of prop betting in United States sportsbooks is taking the wagers off the field.Types of prop betsBetting Apps SportsBetting App Between Friends QuotesMLB
Common prop bets placed on the MLB include the most common stats like ERA, home runs, stolen bases, strikeouts, hits, RBI, and others. These props can include individual game performance, performance over a specific period (a month, playoff series, etc.), or performance over the course of an entire season (regular, post, or both).NFL
NFL props come in two common variations– per game and total. The most popular props for the NFL are player props like touchdown passes, rushing yards, receptions, interceptions, etc. However, these can also fall under team props like rushing yards allowed per game, turnovers, and passing efficiency. Obscure props are popular mostly during Super Bowls but can range from penalties to the color of Gatorade used by the winning team.
NFL Passing Props
NFL Rushing Props
NFL Receiving PropsNBA
Popular props bet on in the NBA include common statistics like points, rebounds, blocks, assists, and turnovers per game; as well as metrics like shooting percentage, three point attempts, and fouls per game. Team props can include shooting percentages, points in the paint, and free throw attempts. Like the NFL and MLB, these can range from an individual game to over a period of time (series, season, etc.).NHL
The most common prop bets on the NHL include goals, saves, and assists; other statistics like penalty minutes and ice time are popular bets, as well. First player to score a goal, team assist numbers, and faceoff wins are more obscure yet accessible bets to make over an individual game, week, series, or season.College football
College football prop bets closely mirror NFL props in stats (passing yards, tackles, etc.), but often see more extreme totals. For example, Memphis might have a higher over/under in yards per game than, say, the Buffalo Bills, due to a wider talent gap in college.College basketball
College basketball prop bets also closely mirror the NBA props in stats (points per game, steals, etc.). Unlike college football, college basketball sees a decrease in props related to game performance (example, a player or team’s points per game are projected to be lower than NBA due to talent gaps). When betting on NCAAB prop bets on team totals, it’s important to remember that college basketball plays under 40 games per regular season, whereas the NBA plays 82.Exotic prop bets
Exotic prop bets are only offered by some sportsbooks around the world. These non-traditional prop bets are not necessarily based on activities that take place during a game. The most popular of these exotic prop bets, such as the length of the national anthem or the coin toss results, happen during the Super Bowl.
These props can be as outlandish as the sportsbook operator wants them to be. They usually take place during the most publicly popular events such as a Royal Wedding in the United Kingdom or who will play a specific role in a movie series.
While they may be fun, most of these kinds of exotic proposition bets are not legal in America. This could change in Nevada and in other states that may legalize sports betting.Personal prop bets
Proposition betting doesn’t only take place in a sportsbook. Bets with a friend for random activities also fall into the category of a prop bet. For example, a bet that a friend can’t finish 40 pushups during a game of poker might be considered a personal prop bet between friends.
Register here: http://gg.gg/uzqyi
https://diarynote.indered.space
[toc]With football season quickly approaching, sports gaming apps are queuing up once again for fans’ second-screen attention.
Proposition betting doesn’t only take place in a sportsbook. Bets with a friend for random activities also fall into the category of a prop bet. For example, a bet that a friend can’t finish 40 pushups during a game of poker might be considered a personal prop bet between friends. This superfun and totally free app challenges your friends and family - near or far - to join you in your weight-loss journey. Download our FREE app and start your group weight loss challenge today. The app integrates with Twitch or other streaming services to capture data, monitor the match, record wins and direct the money to the winner. The company’s core audience is between 18 and 35, and the. Sports Betting Apps vs Online Sportsbooks. The difference between the two is – drum roll please – not much. Internet sportsbooks and betting apps offer the same features. Betting NBA or NFL on your.
In-game options for consumer engagement won’t just stop at daily fantasy sports products offered by the likes of DraftKings and FanDuel.
They’ll also include games like the Chicago-based app Bait, which aims to offer viewers and fans something closer to a traditional wagering experience.How it works
Bait is a sports betting platform for iOS that will allow users to bet on spreads of games across a variety of sports. It syncs with your phone’s contacts, identifying other Bait users who might want to take the opposite side of a bet.
For example, say you’re a Carolina Panthers fan who thinks your team will cover the minus-3 spread against the Denver Broncos in the season’s opening game, you can make this wager (Bait uses lines from Vegas sportsbooks). You can challenge your buddy to bet the opposite side, that the Broncos will either win or lose by fewer than three points.
As ChicagoInnonotes, Bait wants to provide users with not only a legal betting alternative to DFS, but one that customers feel comfortable engaging in.
It avoids pitting bettors against strangers over the internet, and it steers clear of any sort of unregulated, offshore sportsbook. Furthermore, an app purchasable from recognizable online retailers like the Apple Store could lend an air of legitimacy to the product.
The app is still in beta. Bait founder Ian Peacock said he expects the app to release during the NFL preseason, which begins with the Hall of Fame Game on Aug. 7.Friends go further
By pairing two bettors up on opposite sides of a bet, Bait functions similar to a betting exchange, likeBetfair, except users who are paired up to bet ostensibly already know one another.
Pairing acquaintances to make bets could go a long way toward furthering this level of comfort, and not just out of a sense of familiarity.
After an underlying game is completed, the app directs users to each other’s Venmo accounts in order to settle up, while offering a unique twist: Losing bettors don’t have to pay up.
If this sounds like a platform rife for abuse and unpaid winnings, there are a few details to consider:
*First, a person could be more likely to pay out in a bet with someone they know as opposed to an anonymous name on the Internet.
*Second, there will be some measure of transparency with Bait. How do you know if your buddy reneges all the time on bets? All users will have a rating that notes when they don’t pay up.
*Third, by eliminating the obligation to pay up, Peacock says the site eliminates users from having to take a risk. Without risk, he says, there is no gambling consideration.Ads are the new vig
There is another key difference, however, between Bait and a traditional betting exchange. The app doesn’t take a cut Fruit warp slot free play. , or “vigorish,” that a bookmaker traditionally takes.
According to ChicagoInno, the site will use advertisements to make money instead of monetizing through vig.
While this is an interesting idea, it could prove challenging to pull off.
Research firms estimate mobile advertising click-through rates are generally better for in-app ads than for mobile web ads. Jupiter Research projects nearly $17 billion will be spent on in-app advertising in 2018, up from less than $4 billion in 2013.
Those percentages and revenue figures won’t mean much for Bait, however, if it can’t scale its user base.
Expanding through the tree-map of users’ cell phone contacts is a good start, but that type of exponential expansion can take time, consistency in the marketplace, and can be dependent on a positive user experience.
One app with a similar model is that of WinView Games. It also targets the friend-to-friend betting space and is also fueled by ad revenue. But WinView offers live, in-play prop selections (e.g. “Will Cam Newton throw at least 3 touchdowns today?”) as opposed to spread wagers, and uses its own virtual dollars system rather than real money. It received $3.4 million in venture funding earlier this year.
Peacock says that while Bait is entirely self-funded so far, it is in the process of raising money. Illinois gaming landscape
Attorney General Lisa Madigan made (perhaps overlooked) headlines late last year, when just hours before Christmas Day she opined that FanDuel and DraftKings illegal gambling sites.
Those parties have been in a court battle ever since, and the gaming landscape for operators in Illinois hasat times felt uncertain.
Bait, though, is not a daily fantasy sports product. It is a sports betting product — one where the “book” doesn’t take a cut and wagers may or may not be paid out.
So does that make it legal?
Section 28-1(a) of the state’s criminal code lists (among many others) three such violations of wagering that theoretically could pertain to the game:
“A person commits gambling when he or she: (1) knowingly plays a game of chance or skill for moneyor other thing of value, unless excepted in subsection (b) of this Section; (2) knowingly makes a wager upon the result of any game, contest, or any political nomination, appointment or election;…. (5) knowingly owns or possesses any book, instrument or apparatus by means of which bets or wagers have been, or are, recorded or registered, or knowingly possesses any money which he has received in the course of a bet or wager.”
One of the many exemptions to subsection A, however, are “games of skill or chance where money or other things of value can be won but no payment or purchase is required to participate.”
Peacock says this exemption ensures Bait’s legality. To book make, or not to book make
Illinois defines bookmaking as follows:
“A person engages in bookmaking when he or she knowingly receives or accepts more than five bets or wagers upon the result of any trials or contests of skill, speed or power of endurance or upon any lot, chance, casualty, unknown or contingent event whatsoever, which bets or wagers shall be of such size that the total of the amounts of money paid or promised to be paid to the bookmaker on account thereof shall exceed $2,000. Bookmaking is the receiving or accepting of bets or wagers regardless of the form or manner in which the bookmaker records them.”
Bait, it would appear, does not accept or receive wagers. Its software allows two potential bettors to connect. Bait provides the lines, sourcing Las Vegas sportsbooks.
Similar logic, however, did not stop one state supreme court from finding a similar company guilty of bookmaking.
A Washington state-based exchange that also allowed bettors to opt out of bets was found in 2010 to be in violation of state betting law because it operated as a bookmaker. Peacock said the site, Betcha.com, served as inspiration for Bait.
The ruling came despite its lawyers’ insistence that the pairing up of two bettors on a platform did not amount to “accepting” bets.Familiar federal triumvirate
The federal frameworks governing sports betting are all too familiar: PASPA, the Wire Act and UIEGA.
As one industry source noted, NFL attorney Paul Clement commented during oral arguments earlier this year in the New Jersey sports betting trial that, under the Professional And Amateur Sports Protection Act, which outlaws single-game wagering in all states but Nevada, casual bets between friends of up to $1,000 could potentially be legal.
The same industry source noted that the Wire Act, which prohibits the transmission of betting information across state lines,pertains not only to gambling, but often refers to bookmaking specifically. This reinforces the potential importance of a favorable interpretation of the state’s bookmaking statute.
It’s unclear if Bait, individual bettors, or others would be found in violation of the Unlawful Internet Gambling Enforcement Act, which prohibits payment providers from knowingly accepting funds for unlawful gambling-related transactions.
Bettors on Bait will be prompted to facilitate payments through Venmo. Venmo is a subsidiary of PayPal, which for the past several years has tried its best to identify and stop all NCAA Tournament pool-related payments made using its service every March.Tracking informal P2P betting
Of little doubt, however, is that betting between friends remains popular.
One in four Super Bowl viewers surveyed earlier this year by the Mellman Group said they’d placed a bet with a friend on a sporting event the past year. One in three said they had bet on the Super Bowl itself at some point.
Casual betting between friends, which likely comprises a significant portion of the $145 billion the American Gaming Associationestimates was wagered illegally in 2015, is also difficult to track. Bait could be among the first apps to help do so.
Even if regulators were to make a case that Bait violated state or federal law, they would likely only do so once the app gained significant exposure and took in sizable amounts of money on bets. That could be a ways off.
Regulators and attorneys general raised claims with DFS operators, for example, in 2015 — nearly a decade after the industry first formed.
One thing remains certain: If Bait establishes itself in the mobile sports gaming space, it could be well-positioned in the event a forthcoming federal, sports betting legalization effort is successful.
A proposition bet in sports betting are more commonly known as a “prop bet.” This kind of betting is very popular overseas. It is now one of the fastest-growing segments of the sports betting industry in the United States. The growth of prop betting at online sportsbooks is evolving and constantly changing as new legal betting states open up new kinds of opportunities.Golf Betting App
Some prop bets may sometimes appear to be similar to futures bets. The difference between the two bets is that a prop bet is a wager on an individual player or specific event. However, the majority of prop bets at a sportsbook are on individual players and not the entire team during a game. Both opportunities may be available depending on the game.Prop bet search tool
Looking for a player or team to bet on in any sport? Use our search tool below to find the different ways to bet, along with the best available odds at sportsbooks in the US.Prop betting origins
Prop bets became popular in the United States with the Super Bowl. The specific explosion of prop betting started at the Westgate in Las Vegas (previously known as Las Vegas Hilton). The team at the Las Vegas SuperBook was the first Nevada sportsbook operator to offer a large number of prop bets for an individual game.Free Betting Apps For Android
Today, all sportsbook operators in Nevada offer hundreds of Super Bowl prop bets, and online sportsbook operators in New Jersey(like DraftKings Sportsbook pictured above), Pennsylvania and more legalized states have followed.
Prop betting started modestly with the Super Bowl but continues to grow. Some sportsbook operators offer prop bets every week during the pro football season. Fewer sportsbook operators offer prop bets every day for other sports. The evolution of prop betting in United States sportsbooks is taking the wagers off the field.Types of prop betsBetting Apps SportsBetting App Between Friends QuotesMLB
Common prop bets placed on the MLB include the most common stats like ERA, home runs, stolen bases, strikeouts, hits, RBI, and others. These props can include individual game performance, performance over a specific period (a month, playoff series, etc.), or performance over the course of an entire season (regular, post, or both).NFL
NFL props come in two common variations– per game and total. The most popular props for the NFL are player props like touchdown passes, rushing yards, receptions, interceptions, etc. However, these can also fall under team props like rushing yards allowed per game, turnovers, and passing efficiency. Obscure props are popular mostly during Super Bowls but can range from penalties to the color of Gatorade used by the winning team.
NFL Passing Props
NFL Rushing Props
NFL Receiving PropsNBA
Popular props bet on in the NBA include common statistics like points, rebounds, blocks, assists, and turnovers per game; as well as metrics like shooting percentage, three point attempts, and fouls per game. Team props can include shooting percentages, points in the paint, and free throw attempts. Like the NFL and MLB, these can range from an individual game to over a period of time (series, season, etc.).NHL
The most common prop bets on the NHL include goals, saves, and assists; other statistics like penalty minutes and ice time are popular bets, as well. First player to score a goal, team assist numbers, and faceoff wins are more obscure yet accessible bets to make over an individual game, week, series, or season.College football
College football prop bets closely mirror NFL props in stats (passing yards, tackles, etc.), but often see more extreme totals. For example, Memphis might have a higher over/under in yards per game than, say, the Buffalo Bills, due to a wider talent gap in college.College basketball
College basketball prop bets also closely mirror the NBA props in stats (points per game, steals, etc.). Unlike college football, college basketball sees a decrease in props related to game performance (example, a player or team’s points per game are projected to be lower than NBA due to talent gaps). When betting on NCAAB prop bets on team totals, it’s important to remember that college basketball plays under 40 games per regular season, whereas the NBA plays 82.Exotic prop bets
Exotic prop bets are only offered by some sportsbooks around the world. These non-traditional prop bets are not necessarily based on activities that take place during a game. The most popular of these exotic prop bets, such as the length of the national anthem or the coin toss results, happen during the Super Bowl.
These props can be as outlandish as the sportsbook operator wants them to be. They usually take place during the most publicly popular events such as a Royal Wedding in the United Kingdom or who will play a specific role in a movie series.
While they may be fun, most of these kinds of exotic proposition bets are not legal in America. This could change in Nevada and in other states that may legalize sports betting.Personal prop bets
Proposition betting doesn’t only take place in a sportsbook. Bets with a friend for random activities also fall into the category of a prop bet. For example, a bet that a friend can’t finish 40 pushups during a game of poker might be considered a personal prop bet between friends.
Register here: http://gg.gg/uzqyi
https://diarynote.indered.space
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