Jacksonville startup Sportsbook Revolution is setting out to revolutionize sports betting for people who like the thrill but don’t want to bet away the house or the car. The best part is, it’s totally legal and based in Florida, not off on some island country.
Wayne Lachowicz, an admitted recreational sports better, designed Sportsbook Revolution to be a safer, less risky place to get the thrill out of sports betting.
Here’s how it works, a user signs up for a Sportsbook Revolution profile and pays a monthly subscription fee of $25. In exchange for the $25 the user gets 25,000 points they can use to bet on their favorite sports teams in NBA,NHL,NFL and MLB. The wagering works similarly to betting at the sports book in Las Vegas, but you’re betting points rather than betting cash.
At the end of the month your points carry over or you can cash them out for prizes. Lachowicz also says as they continue to evolve over the next few months they will eventually split the profits with the users and giveaway money as well.
Since you’re only risking $25 a month it’s a much safer way to gamble. Also, right now, there is no way to “re-up” during the month. This way you can’t blow through your $25 and continue to spend more money on betting. When you’re out of points, you’re sidelined until the next month when your points reset.
They’re considering some way to let you re-up effectively making it as risky as any freemium game or app with in-game purchasing, but that’s a decision that Lachowicz and his team are very carefully considering. Sportsbook revolution is more about the thrill and fun of betting on your favorite teams rather than trying to win money.
The site is in beta right now and they hope to open it up to the public in the next few months. It’s 100% legal, operating as a subscription based sweepstakes rather than online gambling. Sportsbook Revolution is putting the “game” into sports gambling.
Check out our video interview below and for more info visit sportsbookrevolution.com
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