And Staying With P2P....
Published: Monday, January 09, 2006 Online-Casinos.com
AND STAYING WITH P2P....
UBA Technology markets betting exchange software
UBA Technology Inc., is marketing its betting exchange software licensing
business model, and has entered into initial negotiations to install its proprietary
software in stand-alone self operating kiosks to traditional land-based casinos.
The company featured recently in an article in the Wall Street Journal titled,
"System Would Let Gamblers Bet and Bet and Bet on Game" by Peter
Sanders, in which the author explains that current advancements in wireless
technology and engineered software solutions will enable sports bettors to bet
on every play in a particular game, not just the outcome of that game.
UBA notes that this form of business is not limited to typical North American
sporting events such as football, baseball and basketball; betting is now possible
on the outcome of poker tournaments, such as the famous "World Series of
Poker" that are televised globally. Any international live event with a consumer
gaming interest is now a target market for betting exchange-style wagering.
There is no middleman or "house" that sets odds, the consumer decides
the odds he is comfortable with and the amount, if an opposing consumer takes
his bet, UBA's software controls and tracks the rest of the transaction for the
site operator.
UBA's technology is compatible with interactive enabled television sets, P2P kiosks,
mobile phones and the internet. In Nevada land based casinos are installing the
kiosks in high traffic areas in an attempt to increase sports bets and the variety
of bets during specific sporting events.
With the advent of high speed broadband and wireless services now available on
a global basis UBA is well positioned to market its betting exchange platform
to qualified online operators utilising the internet, the emerging kiosk betting
sites in land based casinos and ultimately through to the hand-held wireless device
offering 24 hour betting service to gamblers world-wide.
