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Why didn't it make sense to continue after the event ended? Most sports events happen on a recurring basis. I wonder if this idea got legs if you would get in
by freewilly1040 6y ago
Why didn't it make sense to continue after the event ended? Most sports events happen on a recurring basis.
I wonder if this idea got legs if you would get in trouble with regulators of some kind..
- jbjbjbjb 6y agoSome countries would allow it. The idea sounds a bit like BetFair (they set up an exchange, you name your odds and see if someone takes the other side) but for smaller pools.
- throwAway9234LL 6y agoI think we were on the right side of the law since we sere not taking any side of the bets. Just charging for the service. The pool participants probably were having their own bets between each other, but we would not take any cut of those. We stopped because there was a lot of competition, we saw a short term gap in soccer in the US market. But fairly quickly we would have been crushed. Spending a lot of time on something that would not have brought in much money was not that interesting, since it was not fun enough beyond the novelty of the experience.