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As many of you already know, online gambling is illegal in the US. That may or may not change soon, but for now, the government enforces it by making it illegal for banks to process online gambling related payments.
Well, this is an interview with the founder and president of CentSports.com, Victor Palmer, and he’s kind of found a way around this. The site that Victor and his team has built is a really interesting innovation in online gambling because they give free money to their players to bet with, and once their players are broke, they give them some more. Since they don’t accept deposits from their players, they aren’t breaking any laws. The site also has a bunch of other Web 2.0 features that make the games more about playing with your friends, than wagering your cash.
So how do they make money? Well, you’ll just have to watch the interview to find out. But suffice it to say, they do make money!
{ 1 comment }
victor palmer is the sickest guy ever
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