Type of business | Privately held company |
---|---|
Type of site | Online gambling |
Available in | English |
Founded | 2001 |
Headquarters | St. John's , |
Key people | Eddie Robbins III, CEO, Marcus Shrestha, COO, |
Industry | Gambling |
Products | Bookmaker, Online casino, Sports betting |
URL | www |
BetOnline is a privately held online gambling company offering sports betting, online casinos, poker and wagering on horse racing. The company's CEO is Eddie Robbins III. [1] In 2006, according to Casino City Press, BetOnline.com was among the top 60 online sportsbook, racebook, and betting exchanges, by overall traffic received. [2] The site has been in operation at least since 2001. [3]
BetOnline has publicized some of its more innovative approaches to online gaming. In 2009, the company set out to place and accept the first wager from the summit of Mount Everest. Hiring a veteran climber, Tim Rippel, the company promised to donate $20,000 to a popular charity (as chosen by voters on Facebook and Twitter) upon successfully summiting the peak and placing a bet.[ citation needed ] While the climbing team was unable to place a bet from the summit, a wager was placed on May 18, 2009 (local time) from “Base Camp 4” at 26,000 feet above sea level. The bet was a winner, wagering that the Los Angeles Lakers would cover the spread against the Houston Rockets in Game 7 of the NBA Western Conference Semifinals. BetOnline still donated the $20,000 across three top vote-getting charities. [4]
BetOnline was one of the first online poker rooms to use the cryptocurrency Bitcoin. In January 2022, it was reported that BetOnline had purchased a 'Bored Ape Yacht Club' NFT. [5] In May, 2022 BetOnline accepted what is believed to be the first ever wager made from outer space. [6]
BetOnline has switched to the Betonline.ag domain name. Their Betonline.com domain is still active but they told their partners that the Betonline.ag domain will be their primary address starting on April 4, 2012. [7]
An online video of a blackjack hand surfaced which caused a lot of controversy. The video shows the dealer switching cards to change the hand, resulting in numerous players to lose. Due to the scandal, on February 18, 2017, BetOnline officially ended their relationship with 3rd party dealing vendor Global Gaming Labs and partnered up with Visionary iGaming for their "Live Dealer" services. [8]
Blackjack is a casino banking game. It is the most widely played casino banking game in the world. It uses decks of 52 cards and descends from a global family of casino banking games known as "twenty-one". This family of card games also includes the European games vingt-et-un and pontoon, and the Russian game Ochko. The game is a comparing card game where players compete against the dealer, rather than each other.
Games available in most casinos are commonly called casino games. In a casino game, the players gamble cash or casino chips on various possible random outcomes or combinations of outcomes. Casino games are also available in online casinos, where permitted by law. Casino games can also be played outside of casinos for entertainment purposes, like in parties or in school competitions, on machines that simulate gambling.
Parx Casino and Racing is a Thoroughbred horse racing venue and the largest casino gaming complex in Pennsylvania. Parx is located in Bensalem Township in Bucks County, northeast of the city of Philadelphia. Owned and operated by Greenwood Gaming and Entertainment, Inc., Parx features 24-hour gaming with over 3,200 slot machines, 188 live table games, a poker room with 48 poker tables, live racing and simulcast action, sports betting, several dining options and bars, and the Xcite Center. Parx also offers online gambling and online sports betting along with off-track betting at two locations.
Online casinos, also known as virtual casinos or Internet casinos, are online versions of traditional casinos. Online casinos enable gamblers to play and wager on casino games through the Internet. It is a prolific form of online gambling.
Russ Hamilton is an American poker player. He was the 1994 World Series of Poker main event champion, defeating Hugh Vincent in heads-up play to win $1 million in first-prize money as well as his body weight in silver. Following his World Series win, Hamilton served as a consultant for Ultimate Bet, an online poker server. In 2008, the Kahnawake Gaming Commission found Hamilton largely responsible for cheating players on Ultimate Bet out of $6.1 million through software that allowed access to opponents' hole cards. In 2009, Kahnawake increased the $6.1 million estimate to $22,100,000.
Online gambling is any kind of gambling conducted on the internet. This includes virtual poker, casinos, and sports betting. The first online gambling venue opened to the general public was ticketing for the Liechtenstein International Lottery in October 1994. Today, the market is worth around $40 billion globally each year, according to various estimates.
Evoke plc, formerly 888 Holdings Limited, is an international sports betting and gambling company. It owns brands such as 888casino, 888poker, 888sport, Mr Green, and William Hill. Business operations are led from its headquarters in London, alongside satellite offices in Bucharest, Ceuta, Gibraltar, Leeds, Malta, Sofia, and Tel Aviv. It is listed on the London Stock Exchange.
In the United States, gambling is subject to a variety of legal restrictions. In 2008, gambling activities generated gross revenues of $92.27 billion in the United States.
Commerce Casino is a cardroom located in the Los Angeles suburb of Commerce. With over 240 tables on site, Commerce Casino is the largest cardroom in the world. Established in 1983, the casino accounted for 38% of Commerce's tax revenues for the 2006-2007 fiscal year. As of 2016, the casino was providing $22 million a year in licensing fees to the city.
Grosvenor Casinos is a UK-based chain of 53 casinos located in major towns and cities across the UK, with two unbranded sister casinos located in Belgium. Grosvenor Casinos is owned by The Rank Group who operate exclusively in the casino, bingo and online gaming industries across Belgium, Spain and the UK.
Comps are complimentary items and services given out by casinos to encourage players to gamble. The amount and quality of comps that a player is given usually depends on what games they play, how much they bet and how long they play.
The Mount Airy Casino Resort is a casino and hotel located in Mount Pocono, Pennsylvania, in the Pocono Mountains. The casino resort has 284 hotel rooms and a 62,000 sq ft (5,800 m2) casino. Mount Airy includes more than 1,800 slot machines and more than 70 table games including blackjack, craps, roulette, and baccarat. It also features several dining options ranging from a buffet to fine dining, nightlife venues, and an 18-hole golf course called Mount Airy Golf Club.
Mohegan Pennsylvania is a racino located in Plains Township on the outskirts of Wilkes-Barre, Pennsylvania. The casino features over 2,300 slots, live tables for blackjack, roulette and poker, and a sportsbook offering sports betting. The facility opened in 1965 as Pocono Downs, a harness racing track, which continues as an attraction at the complex.
Pinnacle is an online gaming website that was founded in 1998. Since its inception, Pinnacle has become a medium-sized, fully licensed, online sportsbook. Pinnacle Sports rebranded to Pinnacle on June 1, 2016 after acquiring the pinnacle.com domain name.
Gambling in New Jersey includes casino gambling in Atlantic City, the New Jersey Lottery, horse racing, off-track betting, charity gambling, amusement games, and social gambling. New Jersey's gambling laws are among the least restrictive in the United States. In 2013, the state began to allow in-state online gambling. Five years later in 2018, the state won a lawsuit that dismantled Nevada's monopoly on legal sports betting.
Valley Forge Casino Resort is a casino in King of Prussia, Pennsylvania. It was constructed on the existing site of the Valley Forge Convention Center and opened on March 31, 2012. It is owned and operated by Boyd Gaming.
Legal forms of gambling in the U.S. state of Massachusetts include casinos, sports betting, parimutuel wagering on horse racing, the Massachusetts Lottery, and charitable gaming. The Massachusetts Gaming Commission regulates commercial operations under state jurisdiction.
Poker Palace is a locals casino located at 2757 North Las Vegas Boulevard in North Las Vegas, Nevada, near Nellis Air Force Base.
Legal forms of gambling in the U.S. state of New Hampshire include the New Hampshire Lottery, sports betting, parimutuel wagering, and charitable gaming. The state's Gaming Regulatory Oversight Authority (GROA) is part of the New Hampshire Lottery Commission, which also maintains an Investigative & Compliance Division.
Seabrook Greyhound Park was a greyhound racing track in Seabrook, New Hampshire, United States. Opened on July 2, 1973, the facility ended live racing in 2009, while continuing to offer simulcast wagering of races at other locations.