These are just a few of the many examples we can already find on offer at PointsBet today. In addition to spread betting, PointsBet will also offer traditional markets including:. Regarding the PointsBet promise to offer more markets on US sports than any other sportsbook, that is starting to look like it may be the case already.
In some of the higher-profile matchups, we have seen more than individual betting options for a single game. It seems the people at PointsBet used their experience in the Australian market to work out all the kinks long ago and have no brought to us a refined mobile sportsbook in the US.
Logging in to the app brings you straight to a list of featured betting markets and a navigation menu bar across the bottom that can be used to quickly switch between sports wagers, in-play betting, promotions and account management. The full range of betting options offered at PointsBet. This includes a full range of standard pre-game wagers , PointsBetting markets and in-play betting.
One thing that has become clear in our time with the app is that PointsBet was not kidding when it said it planned to offer more markets than any other sportsbook in the USA. PointsBet mobile often has upwards of individual markets for a single game alone. Despite the vast selection of wagers, the mobile app is fairly intuitive.
PointsBet launched a nationwide, free-to-play game for the most recent NFL season as a way to introduce customers across the country to a basic form of sports betting and to the PointsBet brand name. PointsBet Pick 6 is open to customers across the country except Florida and New York and costs nothing to play.
The basic idea is you can sign up for a free account at PointsBetPick6. If multiple people get every prediction correct, the prize will be divided equally among all winners. The game is open to existing and new PointsBet customers alike who are 21 or older and located anywhere in the US except Florida and New York.
PointsBet entered the online horse racing business in mid through a partnership with BetMakers Technology Group, which was previously selected to manage on-course fixed-odds betting for Monmouth Park racetrack in New Jersey. Legal horse racing betting in the US has traditional taken place in the parimutuel format in which all wagers taken on a particular outcome are pooled together, the house takes a cut and the rest distributed equally among the winners.
As a result, the final payout odds remain fluid up until the start of the race. By comparison, fixed-odds horse racing betting removes the uncertainty by naming a price for each horse and paying winners at those odds in the same fashion as regular sports betting.
Monmouth Park CEO Dennis Drazin welcomed the partnership and explained in a statement issued at the time that fixed odds betting has the potential to generate new interest in horse racing. Moving outside New Jersey, PointsBet has also struck deals with casinos in other states in anticipation of expanding its market reach.
PointsBet announced its plan to launch online and in-person betting in New Jersey by the end of in partnership with Meadowlands Racetrack in East Rutherford. PointsBet did indeed launch in December of and now serves customers from New Jersey.
PointsBet came to Indiana at some point as a result of its partnership agreement with Penn National Gaming. As far as other states go, PointsBet has made it clear it has big plans for the US market as a whole. The PointsBet-Hawthorne deal involves online betting, a mobile betting app and the construction of a retail sportsbook. Additionally, PointsBet will manage smaller sportsbooks at off-track betting locations managed by Hawthorne across the state.
The Illinois Gaming Board issued a temporary operating permit to PointsBet in July and mobile betting launched two months later. PointsBet Illinois revealed more of its plans in September when the company announced it would be opening retail sportsbooks at four locations in the Chicago area. Those locations include a sportsbook at Hawthorne Race Course now open plus books at off-track betting outlets in Prospect Heights, Oakbrook Terrace and Crestwood.
PointsBet IL commenced mobile betting later that month. Catfish Bend Casino in Iowa reached an agreement with PointsBet in April to offer a retail sportsbook and mobile betting app. The retail sportsbook opened for business on August 19 th , and followed with mobile betting that November.
PointsBet launched mobile betting for Colorado residents in November and says it will launch a retail sportsbook soon. PointsBet also has an agreement in place with the University of Colorado for advertising, student development and recruiting, responsible gambling education, and more. The deal was reached in January and runs for an initial year period. The partnership may also be extended for an additional five-year period. Under the terms of the deal, PointsBet will offer online sports betting and casino games in Michigan.
PointsBet reached another important milestone for its Michigan launch near the end of by successfully applying for an online gambling and sports betting license , which cleared the way for its eventual launch in January In January , PointsBet secured market access to Kansas through a partnership with Kansas Crossing Casino in the southeastern part of the state. The agreement allows PointsBet to construct a retail sportsbook inside Kansas Crossing and partner on online betting, pending regulatory approval.
PointsBet has not revealed any plans to enter the Pennsylvania sports betting market. High taxes and licensing fees may be dissuading PointsBet from setting up shop in PA to date. However, Pennsylvania is also a large market with a heavy fanbase.
That could be enough to persuade PointsBet to give the Keystone State a second look at some point. Claim Your PointsBet Bonus. The bets that can be placed are bets either backing an outcome of an event or laying the outcome. For example, in a horse racing event, a user can either back one or more of the horses or can place a single bet laying a particular horse, meaning that he is betting that the horse will not win.
Betting exchange systems permit replacement of the traditional bookmaker, so that users are effectively betting against one another. Online games have also been growing in popularity, with games such as poker widely available over the Internet, and players playing against one another. The present invention aims to combine an online game with a betting exchange system.
According to the present invention, there is provided a method of betting on a game using a betting exchange system, the system permitting a plurality of users to submit bet requests relating to the game over a communications network, wherein the game comprises a plurality of rounds, each round having a plurality of positions, the method comprising displaying the positions for each of the rounds to the users for a predetermined time, accepting bet requests during one or more of the rounds, the bet requests comprising bets backing a position and bets laying a position, providing a game transition between each round, the game transition affecting each of the positions and evaluating each of the positions after one or more of the transitions to determine if a position is a winning position or a losing position.
The method may comprise refusing to accept bet requests during any round in respect of a position that is guaranteed to win or lose. The step of evaluating each of the positions may comprise generating a set of all possible outcomes for an incomplete position and comparing the best outcome for the position to the best outcome for each of the other positions. The game may comprise a variety of poker and each position may correspond to a hand comprising a plurality of cards, and each game transition comprises a change in the number of cards visible to users of the betting exchange system.
A first round comprises a round in which cards are dealt for each hand, but none of the cards are visible to users. A second round may comprise a round in which one or more hole cards for each hand are visible to all of the users. Further rounds may comprise rounds in which one or more cards are visible to users, said cards comprising community cards that are available to each of the plurality of hands to make a winning combination.
The variety of poker may comprise Texas Holdem, wherein the first round comprises a deal round, a second round comprises a preflop round, comprising the face up display of two hole cards for each hand, a third round comprises a flop round, in which three community cards are displayed face up, a fourth round comprises a turn round, in which a further community card is displayed face up and a fifth round comprises a river round in which a final community card is displayed face up.
The predetermined time may comprise a betting window during which the users are permitted to submit bet requests. The betting exchange system may run on a server and each of the user may access the system from respective client terminals, and the method may further comprise maintaining, at the client terminal, a client record of the cards that are visible to a user, transmitting said client record to the server with a submitted bet request, comparing said client record with a server record of the cards that are visible to the user and in the event of a mismatch, rejecting said submitted bet request.
According to the invention, there is further provided a betting exchange system for betting on a game, the system comprising a server for receiving bet requests relating to the game from a plurality of users over a communications network, wherein the game comprises a plurality of rounds, each round having a plurality of positions, the system being configured to display the positions for each of the rounds to the users for a predetermined time, accept bet requests during one or more of the rounds, the bet requests comprising bets backing a position and bets laying a position, provide a game transition between each round, the game transition affecting each of the positions and evaluate each of the positions after one or more of the transitions to determine if a position is a winning position or a losing position.
According to the invention, there is further provided a method of synchronising a betting exchange system running on a server with a client terminal that accesses the server over a communications network, the system permitting a plurality of users to submit bet requests relating to a card game based on a display of cards that are visible to each of the plurality of users, the method comprising maintaining, at the client terminal, a client record of the cards that are visible to a user of the terminal, transmitting said client record to the server with a submitted bet request, comparing said client record with a server record of the cards that are visible to the user and in the event of a mismatch, rejecting said submitted bet request.
According to the invention, there is still further provided a method of configuring a variety of poker for use in a method of betting on a game using a betting exchange system, the method comprising determining a number of rounds over which the game is to be played, determining a number of hands of cards that are to participate in the game, determining a number of hole cards that are associated with a particular hand, determining a number of community cards that will be available to each hand, determining the number of community cards that will be revealed during each round and determining rules for evaluating each of the hands.
The number of community cards may be selected to be between 2 and 6, the number of hole cards may be selected to be between 2 and 5 and the number of hands may be selected to be between 2 and 4. Embodiments of the invention will now be described by way of example, with reference to the accompanying drawings, in which:.
The present invention builds on the innovation of a prior invention submitted by the owner as U. That application describes the operation of a betting exchange system, in particular the way in which bet requests are received from a plurality of users both backing and laying outcomes, and the way in which those bet requests are matched, or aggregated for display to the users.
The invention will be illustrated by reference to a type, or variety, of poker referred to as Texas Holdem. When a user wishes to bet on a poker game, he or she logs into the system. It is assumed that all of the steps of registering with the system, checking that the user meets any age or location specific requirements and that the user has sufficient funds in their account, are carried out in a conventional way. The betting need not be carried out for financial value, but may be carried out for fun, using tokens or in any other suitable manner.
Each game is based on a number of rounds, which together make up a game session, which is, for example, limited to a particular duration. Each round has a betting window during which betting is permitted. Betting is suspended at the end of a betting window, immediately before a transition between rounds, for example, when one or more cards are revealed to the plurality of users.
All unmatched bets are cancelled at the end of the betting window. It will be understood that references to displaying cards, revealing cards or making cards visible means displaying these cards face up, so that the value of the cards can be seen by users that are logged onto the system.
The screenshot is essentially divided into two parts, a card display part 8 and a betting part 9. The card display part 8 illustrates a total of thirteen cards, all face down. The round name 10 is shown at the top of the screen above a progress bar 11 that shows how much of the round has elapsed. A total session timer 12 is also shown. Five cards 13 are shown below the progress bar. These are referred to as community cards, since they can be used by all players to form their best hand.
Four hands 14 are shown below the community cards. Each hand comprises two cards 15 a , 15 b , generally referred to as hole cards 15 , which are cards dealt to a particular player and not shared amongst other players. The betting part 9 displays the current bets placed by users in respect of each of the hands. The display comprises a number of cells for each hand, each cell illustrating a price odds and a size amount available to back and lay a particular hand.
The best price and size for each of backing and laying a hand is shown in the shaded columns closest to the centre of the display. It will be appreciated that the figures shown in the cells are by way of illustration only and do not reflect realistic figures that would appear in a live game. In accordance with the previous application referred to above, the betting exchange system permits users to submit their own bets, at a user specified price and size, if the bet that they wish to place is not available on the system.
Such bets submitted by all users will be aggregated and re-displayed, for other users to accept. It is possible that, as a result of conditions such as varying connection speeds, system delays and so on, the display being viewed by a user is not up to date or a bet submitted by a user is being processed after a subsequent game transaction. To prevent a user submitting a bet request based on incorrect information, the client terminal 2 logs the number of cards that are visible to the user and submits this information with the bet request.
On processing of the bet request, the server 1 compares the number of visible cards with its own record of the number of cards that are currently visible to the user. In the event of a mismatch, the bet request is rejected and the user is informed accordingly. In this round, all of the hole cards 15 are visible and another round of betting is enabled. Brief descriptions may also appear under each hand, describing the best hand currently held by the player.
The hand currently held by any player is also referred to herein as a position. In Texas Holdem, the flop round results in three community cards being revealed. A further round of betting ensues. In Texas Holdem, the turn round results in a further single community card being revealed. A final round of betting ensues.
In Texas Holdem, the river round results in one final community card being revealed. The winning hand or hands are revealed during the last round, so that betting is not permitted at this stage. It is possible for winning hands or losing hands to be revealed earlier in the game.
An enumerator program running at the server generates all possible outcomes for an incomplete hand. A guaranteed losing hand is identified prior to the start of a betting window and further betting on the hand is prevented. For example, FIG. Betting on the other hands continues to be permitted.
In the event that there can be only one winner, either one hand or a dead heat between two or more hands, the game is suspended and proceeds to settlement. This may occur during an early round. At this point, the bets proceed to settlement immediately, where the accounts of winning users are credited and the accounts of losing users debited. Evaluation of each hand is done during every round and follows the normal rules of the game in question, or in another example follows rules as preset by the system operator.
For example, in evaluating a hand, evaluation can be based on both hole cards and three community cards, on one hole card and four community cards, or on all five community cards.
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Install Flash plug-in on your browser or use Chrome. Login Join. Betting on Racing in Australia Having a casual punt on a horse race is one the most popular forms of betting in Australia, an activity dating all the way back to early European settlement, ther first official event taking place in Thoroughbred Horse Racing Thoroughbred horse racing has a very rich history in Australia, closely intertwined in the social fabric of many country towns around the country.
Greyhound Racing Greyhounds are lean, fast running dogs that were traditionally used in hunting. Harness Racing Harness racing involves horses pulling drivers across a track in carriages known as sulkies. Types Of Wagers There's a huge range of betting options you can take across all three codes. Trackside Promotions Notices Help Centre. Horse Racing. Horse Racing Tips. Spring Carnival. Autumn Carnival. Winter Carnival. Melbourne Cup. Melbourne Cup Tips. Melbourne Cup Field.
Cox Plate. Caulfield Cup. The Everest. Golden Eagle. Victorian Derby. Lightning Stakes. Blue Diamond Stakes. Oakleigh Plate. Futurity Stakes. Australian Guineas. Surround Stakes. Chipping Norton Stakes. Newmarket Handicap.
Australian Cup. Randwick Guineas. All Star Mile. Coolmore Classic. William Reid Stakes. Golden Slipper. Galaxy Sprint. George Ryder Stakes. Rosehill Guineas. Doncaster Mile. Australian Derby. Queen Elizabeth Stakes. TJ Smith Stakes. Sydney Cup. Queen of the Turf Stakes. All Aged Stakes. Champagne Stakes. Trackside Promotions Notices Help Centre. Horse Racing. Horse Racing Tips.
Spring Carnival. Autumn Carnival. Winter Carnival. Melbourne Cup. Melbourne Cup Tips. Melbourne Cup Field. Cox Plate. Caulfield Cup. The Everest. Golden Eagle. Victorian Derby. Lightning Stakes. Blue Diamond Stakes. Oakleigh Plate. Futurity Stakes. Australian Guineas. Surround Stakes.
Chipping Norton Stakes. Newmarket Handicap. Australian Cup. Randwick Guineas. All Star Mile. Coolmore Classic. William Reid Stakes. Golden Slipper. Galaxy Sprint. George Ryder Stakes. Rosehill Guineas. Doncaster Mile. Australian Derby. Queen Elizabeth Stakes. TJ Smith Stakes. Sydney Cup. Queen of the Turf Stakes.
All Aged Stakes. Champagne Stakes. Sky Racing Active. Newspaper Form NSW. Newspaper Form VIC. How to Bet.