This style of wagering takes place in a variety of apps and social media platform games with real or virtual money gaming elements and other rewards. Because this type of gambling is brand-new, it exists in many varieties as of this writing. Some social betting apps provide totally new ways to wager, like peer-to-peer betting in groups. Others are little more than sports betting markets with added social features like chats and head-to-head statistics.
Social betting sites and apps are like the Twitter or Facebook for sports betting fans worldwide, a place for them to connect and wager in ways not formerly available. With social-based wagering, players can place and manage their wagers, watch streams and live scores, read analysis by other bettors and experts, and interact with one another in a totally new format.
Here are the five best peer-to-peer gambling apps currently available, as determined by their overall user-friendliness, popularity, and range of available wagering styles and social features.
YOUBETME - WWW.YOUBETME.COM
The youbetme system currently works on three platforms – Web-based, SMS, or the service’s native app. The system allows users to challenge their social media contacts to wagers and even remind people on the losing side of a proposition that it’s time to pay up. Revealing the brash style of youbetme’s creators, users reminding losers to pay what they owe can choose from three pre-formatted SMS messages – a “nice” version, a “firm” version, and a “dick” version.
The most appealing thing about youbetme is the fact that it was the first widespread release of this type of gambling platform. Another plus in its favor is the fact that it allows any user of any device, be it a smartphone, a laptop, or a tablet, to challenge any other user to a betting contest, regardless of what device or platform either customer uses.
GAMBLINO - WWW.GAMBLINO.COM
For starters, the app’s developers host competitions for all customers that pay out real prizes, such as tickets to major sporting events or even cash rewards. This app utilizes actual odds from real sportsbooks (point spreads, moneylines, game totals, etc.) and real-time score data to allow players to track their wagers real-time.
But Gamblino goes further, allowing users to create their own custom wagering pools. Unfortunately, bettors have to choose from a select list of pools from a select list of world sports – so it cannot be said that customized bet pools at Gamblino are 100% user-controlled. Still, the app’s user interface for custom wagering of this variety is attractive, easy to use, and easy to invite new members into.
One of the most popular features among Gamblino’s customers is the ability to track user statistics across all wagers or within a specified time frame. Stats include overall and situational win and loss numbers and percentages, leaderboards based on point totals, data on current wagers in action. This allows competition between friends but also between sports betting fans who’d otherwise remain strangers. That’s the driving force behind social betting – connection among like-minded punters.
FAVOURIT - WWW.FAVOURIT.COM
An unstated goal that’s germane to the social gambling universe is the app’s ability to connect bettors from around the world on a social level. This app connects people betting on similar events and sports so they can share wagering tips, see what teams and outcomes other bettors are backing, provide a forum and showcase for expert analyses, and bet directly with a customer’s chosen sportsbook.
A popular feature at Favourit is the ability to test out any new betting tactic and wager just-for-fun with virtual currency. This is not unique to this particular gambling app, but is a highlight of Favourit’s somewhat-understated platform.
Because Favourit lacks flash, and is essentially a social network for bettors with links to live stats and scores and sportsbook wagers, it is a lightning-fast venue for sports bettors to connect and outline their strategies and wagers. Favourit is free to use, and is not technically a gambling app. It has partnerships with bookmakers around the world and displays their information. Since no wagering occurs literally through the Favourits app, it is legal for customers in all markets to use.
The difference with SideBets is that it is limited in terms of what wagers are allowed (a spate of most of the major Western hemisphere college and pro sports) and lets members set their own stakes, should they choose.
Of course, like the other popular socially interactive betting venues, SideBets hosts info on real-time sportsbook odds and payouts as well as live scores. A popular Banter feature lets customers trash-talk one another during or after a wager. SideBets is designed to manage and track all of this activity using existing mobile technology.
PADDYPOWER SOCIAL - WWW.PADDYPOWER.COM
PaddyPower Social has a leg-up on other socially-interactive betting systems because it works natively in Facebook. Billions of people around the world are already active on Facebook, giving this system a built-in customer base that far exceeds the competition.
PaddyPower Social allows wagers with real money on real sporting events in real-time. But it goes a step further, adding a challenge aspect that converts this from an everyday sports betting system to a truly social experience. Customers can challenge Facebook friends to competitions, brag publicly about a victory, and make new friends based on wagering interests.
For Facebook users who may be embarrassed about their losses, or who want to keep their betting hobby private, information about play through PaddyPower is shown only to those Facebook users that a customer chooses. All financial information is kept hidden from public view. Clearly, PaddyPower understands the dangers inherent in using social platforms as gambling venues, and is creating an interface that even privacy-conscious bettors can use.
Peer-to-peer gambling was a logical next step for the growing Internet betting industry. Combining the addictive properties of social interaction through sites like Twitter and Facebook with the global appeal of sports and special event wagering, the social gambling industry is poised to become the fastest-growing iteration of Web-based wagering. The five services above are the most popular and best-reviewed as of this writing, but no doubt there are services yet to come that will continue to refine the way peer-to-peer wagering works.