Friday, April 25, 2008

Operation Cent Sports

As most sports fans know it is now illegal to participate in online sports betting in the United States. The brilliant people at centsports.com have found a way to let sports fans get their fix WITHOUT violating the law or losing any of your own money.

I know you're wondering "What is centsports and how do I sign up?" Here is your answer.

Click here to sign up.


What is CentSports.com?


A: CentSports.com is just one of many places on the Internet where you can place bets on major sporting events.
What makes CentSports unique is that we're actually legal. Currently you can't run a gambling website from inside the U.S. This site is more like a fantasy-football game ... we give you a small amount of play-money to start out with ... you make bets with this, just like you could in Vegas ... but, again, you're just betting with 'play money'.
However, if you do well enough ... i.e., if you win enough of your play-money bets, we'll actually let you 'cash out' your play money for real money ... and maybe other stuff like t-shirts, CentSports gear, etc.

Q: Who developed / manages CentSports ... and why?


A: CentSports is being developed by a group of students and professionals based out of College Station, Texas. Given the location, most, though not all of us, are associated in some way or another with Texas A&M University.
The project started in response to last year's Unlawful Internet Gambling Enforcement Act (which, shamefully, was officially termed the "Security and Accountability for Every (SAFE) Port Act of 2006" by congress ... look it up on Wikipedia). That bill made it illegal to use any online betting or gambling site that you could deposit money into, effectively shutting down all such sites which existed at that time.
For those of us who enjoyed sports betting, this was bad news. This project was our response to that. True, not as fun as real gambling, but it's still fun to play with free money, and hey, if you do well enough, we even reward you by paying out real money to our users.


Q: So how does it work?


A: It's simple ... when you first sign up for CentSports, we give you ten cents ($0.10) play money to bet with. You can use this to bet on almost any major college or professional sporting event (MLB, NBA and NFL games, etc.). Anything you win you keep and can use to place more bets, accumulating money as you go.
You can cash out whenever you want (as soon as you have a balance of over $20.00 play money) ... we're actually gracious enough to send you a check for your play-money account balance ... just straight up, dollar for dollar.
We've tried to replicate what you can do at real sports betting sites ... i.e., you can make standard line-type bets such as over/under, point-spread, and moneyline bets. In fact, we get our lines straight from Vegas ... any bet you make on CentSports could be made with any sports bookie in Vegas for the same odds if you were betting for real money.
Overall, the site makes more from advertising than people cash out ... though one of our goals in creating the site was to make sure that as much of the site's advertising revenue goes back to CentSports user as possible (after all, they're the ones who earned it by viewing ads in the first place!).

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