Social Media Sports Betting
Facebook betting

Not only online casinos face competition from social gaming sites. Now, online sportsbooks are facing the threats.

According to football betting news, one of the leaders in social gambling, Crowdpark, introduces football (soccer) betting to its range of games.

Crowdpark is known for what is called ”dynamic betting,” which not only allows to enter bets on live plays but also exit them before the event is over. This way profits can be taken out early or losses mitigated while the event lasts.

The football betting application allows for wagering while staying interactive and communicating with other players. Many punters miss the atmosphere of land-based shops where discussions take place. Now, social football betting is seeking to account for that.

The application also makes weekly predictions. This is becoming a bit similar, although not completely, to playing the stockmarket. Bets can be entered at any time, getting in and out can be done easily. Moreover, with predictions posted, it resembles forecasts the online stockbrokerage houses make for their clients.

This is a serious competition to mobile sports betting as so much can’t be done yet on the smartphones. However, Crowdpark technology is likely to enter the world of iPhones, iPads, BlackBerries, and Androids.

This, indeed, leaves the land-based betting shops behind. Some of them are likely to be closed. All while football betting attracts the greatest portion of punters’ money. Others sports will certainly become a target of social media sites soon. Why not bet on American Football, tennis, or ice hockey via Facebook?

The new technology especially appeals to the younger generations, those who are growing up with Facebook and can’t imagine a world without it.