Irish Oddballs Get Cracking New Online Betting Odds Innovations

Posted by Gambling News | Gambling News,Sports Betting News | Wednesday 15 May 2013 9:10 am

It is a pretty bold move, getting betting online started up in the 21st 6 Century. Although this is still a growing industry, there are many firms who have years of experience behind them, but Irish firm Oddball seems to think they have a chance to get in to this industry, and make it big. They have a lot of competition to deal with – for example Irish betting firm Paddy Power – is supposedly more liquid than the Bank Of Ireland.

This new company however does not seem to be perturbed by the success of this live and online gambling giant, and seem determined to "shake up online betting", according to the press release.

Oddball is a start-up company, which founder Eanna O Hiorua, expects to be fully launched by June of this year. It has also be emphasised that Ó hIorua seems determined to corner at least a 10% share of the overall Irish online betting market by the year 2015. He is a Dublin City University graduate in engineering and business studies, who developed the Oddball.ie concept himself. His own maths algorithms have been used to create a fluid odds system, which allows for better odds, and we have to admit that we all like the idea of better odds. He believes this system will control the exposure of the business, and thereby avoid adverse outcomes. We are not really sure what this technical-ese means, but it certainly seems to be technical.

Explained in lay-men’s terms, this online gambling concept is a new maths-based move towards to bookmaking. They basically adjust the odds more frequently which reflects their liability on certain events, and it is this which attracts punters who offset this liability. The knock on effect is what they have labelled "fluid odds", and O Hiorua believes that these results will be more attractive to punters. In other words they will be able to offer better odds deals than their competition.

The new company was started by O Hiorua, after being made redundant. It is based in Dublin – Glasnevin – and Oddball already employs three people full time. It is licensed in Ireland, and apparently the business has only set it’s sights on the Irish market for now. However, the one thing we all know is that any business online, tends to end up being business without borders.

There is a website set up already, running in test mode – Oddball.ie – where users are able to place virtual bets free, just for fun. Weekly Prizes are already being awarded to savvy tipsters who are willing to test the product. According to those who have tried it out, this is a simple design of website, which also loads well on the WWW as well as on Smartphones. The company is currently seeking investors.

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Bet365’s Bore Draw Money Back offer for 2014 World Cup qualifiers

Posted by Gambling News | Gambling News,Sports Betting News | Thursday 14 March 2013 2:16 pm

Bet365 is the best place for all your football betting and, with the race to qualify for the 2014 World Cup in Brazil beginning to take shape, there are some intriguing matches to look forward to.

Friday 22nd March sees England in action in Group H, as the squad looks to build on an impressive friendly win over Brazil last month by claiming a comprehensive victory away at minnows San Marino.

Elsewhere, Scotland and Wales renew their rivalry at Hampden Park with both sides hoping to recover from a disappointing start in Group A. Wales recorded their opening victory of the campaign with a 2-1 win over Scotland in Cardiff, thanks to a dramatic late double from in form Gareth Bale.

If, however, either of these eagerly anticipated encounters fails to deliver and ends in a goalless draw, you’ll still be able to enjoy the result with bet365’s Bore Draw Money Back offer.

Simply place a pre-match Correct Score, Half-Time/Full-Time or Scorecast bet and if the game finishes 0-0 then bet365 will refund all losing bets on these markets.

This great offer means that you don’t need to be bored by a blank score sheet again. What’s more, it runs all year round and applies to matches from every league, cup and competition around the world. With bet365’s terrific Bore Draw Money Back offer, a goalless draw may not be the worst result.

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London Olympics – Wanna Bet This Is Going To Be Fun?

Posted by Gambling News | Gambling News,Sports Betting News | Sunday 29 July 2012 12:30 am

Betting shops and online sports betting sites are gearing up this summer for what could be their biggest windfall yet. It is time for the Summer Olympics again and this year these take place in London, UK which has a sophisticated online and live gambling infrastructure. It is a well-known fact that the Brits love a sports bet, and the ‘proposition’ wager is extremely popular too. Tons of British betting brands can’t wait to get their hands on your money, but then again if you win on long odds, chances are you too will make some good money.

For example if you want odds on whether a UFO will be sighted during the London Olympics, William Hill will offer those odds (these are 1,000-to-1; in other words place a £1 bet and win £1000 if a UFO is spotted). Just so that you know – the UFO has to be spotted flying (or floating) over the Olympic stadium during the opening ceremony, in order to win this bet.

No matter – excuse the pun – how odd the wager might be, these are on offer. So, as well as odds across twenty-six different sports, punters will be placing bets on whether the Olympic torch bearer will trip and fall as they reach out to light the Olympic Flame. Proposition bets on possibilities outside of sporting events are just as much fun – if not more so – than betting on our favourite sports themselves.

From diving to synchronised swimming; football to fencing; sprints to marathon runs, industry gambling experts are offering the odds. A spokesperson for William Hill – Joe Crilly – said they cater for most punters tastes. What’s even better this time however, is that gamblers don’t have to leave the comfort of their own home or local pub to place a bet today. The rise and rise of sports betting online from mobile phones, allows them to bet on the run, or from their most relaxed position in front of the telly, from their favourite arm-chair.

William Hill is encouraging punters to dream up any bet they possibly can, and Ladbrokes, another bookmaker has advertised 11,000 different wagers for the Olympics. Bets include if the games will go over budget, how many ‘Golds’ will be earned by the British team, will the Olympic park be able to supply enough condoms, and what the chances are of spotting a British athlete eating a Big Mac.

Really long-shot odds of 250-to-1 are on offer that all of the 4 x 400-meter relay teams drop the baton in the final. Oh and, they are also placing proposition bets on Boris Johnson. As you may or may not know, he is the flamboyant Mayor of London who is always up to exotic antics. The wager is paying 33-to-1 that he accidentally brushes past the Olympic torch and lights his hair on-fire. Of course with the notoriously wet London weather this might never happen, but Ladbrokes is also paying 50-to-1 that it will rain every day. Well, let’s hope not, but bet on it and you could be in for winning some bucks.

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Online Gambling and the On-going US Drought

Posted by Gambling News | Gambling Industry News,Gambling News | Tuesday 12 June 2012 8:31 am

In 2010 UK gaming site woke up and rejoiced as news broke out that the four year ban which had been imposed upon US online gamblers was soon to be lifted as per the government’s reviews of its 2006 legislations and its prohibition of online real money betting.

As the 2006 legislation was enforce in September of 2006 across the USA, the UK’s multibillion pound gambling industry came close to collapse at the overnight loss of one of its largest online clients.

And, with the economy well on its downward spiral already, the last thing the British economy system needed was another attack on its annual revenue income.
Yet the loss of the US players to such profitable and reliable UK gaming sites like 888 Limited and Party Gaming meant that their shares saw a drastic drop of between 26% and 54% for each site respectively which equated to an overall loss of £4billion in stock shares.

And whilst the UK tried and failed to make the best of a bad situation by exploring wider gaming opportunities further afield than the scope of the US, nothing has been able to come close to the amount of revenue that US patronage produced which has in turn meant the inability of the gaming industry to recover fully from the revenue deficit the loss of the US backing cost.
However with the repeal on the mind of many a US governing body, a new hope was instilled amongst a struggling yet slowly re-growing online gaming industry as that age old controversial discussion on whether or not online gambling should be made legal was once again sparked off.

Nevertheless whilst UK and US Online Gambling supporters remained hopeful that the band would soon be lifted, expert predicted a drastic stall in repeal proceeding as midterm elections swept the nation and seats changed hands.

Yet when the stall experts predicted finally did came it was a surprised that its consequence was not that of any governmental election taking place, but rather that of the US states realising that the same legislations they had been abiding by and upholding since the 1961 Federal Wire Act could actually be used to help their own internal state economy without having to seek legal online gambling in overseas places like the UK.

Once again, the UK along with the rest of Europe were left to weigh the pros and cons of the US government lifting the ban on online gambling in the USA and realising the possible negative implications that lifting such a ban would have on their economy if US casinos and gaming halls chose to exploit this new freedom and establish themselves as rival gaming providers for US players within the actual US.

Two years on from the initial discussion to quash the 2006 prohibition of online gambling legislation in the US back in 2010, and still no decision has as yet come to fruition as the online gambling US drought continues.

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Add to the thrills of Euro 2012 with In-Play betting at bet365

Posted by Gambling News | Gambling News,Sports Betting News | Thursday 31 May 2012 4:41 pm

The countdown to the much-anticipated Euro 2012 is nearly over, as football fans from across the continent and the rest of the world turn their attention to Poland and Ukraine.

The action gets underway on 8th June as the Poles and Greeks face off in Warsaw: a meeting of joint hosts and 2004 winners. It’s the beginning of a feast of football with two matches being played daily for 12 days straight. You can increase your enjoyment of every single game when you bet In-Play with bet365.

As always, there’ll be plenty to choose from with over 60 In-Play markets available throughout the game including Next Goal, Match Goals, Total Corners, Half-Time Result, Full-Time Result and much more.

There’s a whole host of intriguing matches taking place throughout the group stage, with Germany facing Portugal, while the England team must pit its wits against rivals France without the suspended Wayne Rooney.

If any of these fantastic matches fail to deliver and end goalless, you can still enjoy the result with bet365’s superb Bore Draw Money Back offer.

Simply place a pre-match Correct Score, Half-Time/Full-Time or Scorecast bet and if the game finishes 0-0 then bet365 will refund all losing bets on these markets.

With the excitement of the European Championship coming round only once every four years, you won’t want to miss out on a fabulous opportunity to enjoy betting In-Play at bet365.

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