Facebook Bets Real Bucks On British Bingo

Posted by Gambling News | Bingo News,Gambling News | Sunday 19 August 2012 11:00 am

While there has been no doubt about the fact that real money gambling online is here, and here to stay, and this is a well-entrenched industry in the UK; Facebook so far, has not wished to get in on the action. However, now there seems to be a reversal of roles, while this social media application with gaming capabilities wants in on the real money action; real money gambling sites want in on the social gaming aspect.

But that also having been said, Facebook have recently launched their first real money gambling app. They are betting on the British industry because it is more or less a sure thing, and they are hedging their bets even further, by putting their money on bingo.

Bingo has enjoyed massive popularity in Britain over time; first in the live gambling game, and more recently with online bingo. The new Facebook bingo is rather fetchingly called "Friendzy Bingo". Clever little play on words that!

This app allows users to bet on real money games, where obviously they win real money prizes. Although how good the prizes actually are remains to be seen as it is early days yet. Generally speaking the better liquidity (more money) a gambling game has poured into it, the better the prizes will be, and one thing Facebook has never had a problem with is raising a fan following. The more paying traffic there is, the better this bingo will be for all concerned.

CEO – Mark Zuckerberg is launching the product in the hopes that it will boost revenue – that much is obvious. So it is not like all the other virtual money apps, it is a true gambling app. Now UK Facebook users aged 18 to 80 and older can make gambling stakes in real British pounds, and expect to be paid winnings in these. According to the Financial Times the app was launched last Tuesday.
So far this global social networking giant has been precluded from the gambling sphere due to legal restrictions outside the UK. But this does not explain their slow up-take into the UK market. However, Clive Hawkswood of the Remote Gambling Association explains the move as being an obvious match for Facebook. This is chiefly because bingo is of the ‘soft gambling’ ilk, and has always had the reputation of working hand-in-hand with chat forums. Many people are driven to play online bingo by the fact that it is such a social game.

Slots will be coming to Bingo Friendzy in the not too distant future – one assumes they will see how Facebook fans take to the bingo games first. One of the biggest things going for it is the fact that the software platform is powered by Gamesys, an exclusive software brand which powers only a very few sites. Their biggest claim to fame being Jackpot Joy, and Sun Bingo, two of the biggest online bingo brands in the land.

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Let’s Make Some Money Online – How About Taking a Gambling?

Posted by Gambling News | Gambling Articles | Saturday 14 July 2012 5:52 pm

There are some fabulous wealth creation ideas and schemes doing the rounds on the World Wide Web. While some are scams, most are pretty genuine, it’s just how you look at the scheme that makes the difference. We all know that knowledge is key to success, so the more we know about any wealth-creating scheme, the better informed we will be. However, if you are prepared to take a gamble, and don’t feel like working for your money, why not take a look at online gambling? There is definitely money to be made, but you must realise that luck counts!

Online gambling – that means over the Internet – is a mainstream industry today. It is regulated by authoritative bodies such as eCogra, and others. Many online gambling firms have gone the IPO route, and are listed on major stock exchanges. The London Stock exchange probably listing the lions’ share of these firms, as the UK is where the online gambling industry is also the most mature.
We find names such as William Hill, Virgin, Stan James, Victor Chandler, Betfair, Paddy Power, Gala, Mecca and Bet365 online, and we find many more too. We find websites powered by major movers and shakers in the online gaming industry; brands such as Microgaming, Playtech and Net Entertainment, and if you think we are scamming you, let’s take a look at the facts.

All three of these software brands operate massive networked slots games. This means there is loads of money going, if only you are lucky enough to win. But there are loads more ways to win when gambling online, than wagering on the slots. After all, even though the prize money is huge, and we are talking in the ‘millions’, slots are still a long…long shot!

More and more people are taking their online gambling and going mobile with it; in other words getting their gambling ‘on-the-go’. The biggest majority of gambling fans getting their thrills the mobile way are the sports-betting clique. In the UK and Ireland growth has been phenomenal.

Now fans take their favourite sports – football being only one – and get some extra pleasure by placing money on it. Online betting exchanges such as Betfair are popular too; it takes the bookie out of the equation, so, fans can decide their own odds, as well as bet against each-others’ predictive powers. Punters find being their own bookie great fun, and it adds an extra element of excitement to the game.

For now, if you are not an advanced punter, and you would like to play online slots to get a better feel for these games, let’s offer you extra incentive. On Christmas Eve 2010 at Bet 365; Tlaloo1 won £3 922 736 playing Clover Rollover. Microgaming has paid out over €320 million worth of prizes and has made something like 17 slots millionaires; including one whopping win of €6 374 434.00, which was once a world record slots win. But Net Entertainment now holds that world record with a massive online slots pay-out of over NINE MILLION EURO. So, prizes are getting better, and yes, there is big bucks to be made.

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