Will FanBet hurt Bookies profits?

The official launch of FanBet.com is around the corner and if you have not heard about the site, here is the overview.

FanBet offers a free weekly betting game with cash prizes to football fans around the world. There is no entry fee so anyone over 18 can play. You start with a 5,000 bankroll and the top 10 fans with the highest weekly returns win cash prizes. The 2014/15 season has £10,000 in total prizes, so it’s a lucrative competition.

Like with any competition there are winners and losers. The winners – or pros – are the players with the highest average weekly returns. As a FanBet member you have access to see the picks of these players and can use their knowledge to improve your real money betting returns at online Bookmakers.

So the question is, if Bookmakers can deal with 5% of their players being skilled, can they deal with 15% or 20%? If FanBet is able to send large enough volumes of skilled players to Bookies, will the power of numbers dent their earnings?

The logic is simple and FanBet believes they are on to a good thing. Time will tell but one thing is for sure, it’s an interesting concept.

Visit FanBet.com to signup for free and secure a cool username before the official launch in August.

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