Chicitysports – Chicago Sports News Site
  • BEARS
    • Chicago Bears News
    • Chicago Bears Rumors
    • Caleb Williams news
  • BULLS
    • Michael Jordan News
    • Chicago Bulls News
    • Chicago Bulls Rumors
  • BLACKHAWKS
    • Connor Bedard News
    • Chicago Blackhawks News
    • Chicago Blackhawks Rumors
  • CUBS
    • Chicago Cubs Prospects
    • Chicago Cubs News
    • Chicago Cubs Rumors
  • WHITE SOX
    • Chicago White Sox Prospects
    • Chicago White Sox News
    • Chicago White Sox Rumors
  • SKY
  • MESSAGE BOARD
Navigation
  • About Us
  • About Us
  • Author Page Template
  • Chicago Sports News
  • Chicago Sports Podcasts
  • ChiCity+
  • Editorial policy
  • Editorial team
  • email test
  • Get In Touch
  • homepage
  • homepage
  • Join Our Group
  • Meet the team
  • Newsletter
  • Our Writers
  • Privacy Policy
  • Privacy Policy
  • Push notifications
  • Social Media
  • test
  • Test page
  • Testing
  • Want to Write for ChiCitySports?
Facebook Twitter Instagram
Trending
  • Chicago Bears OL Braxton Jones had setback for injury recovery: Report
  • Chicago Bulls: Matas Buzelis has clear goals for Year 2
  • Dennis Allen’s first Chicago Bears defense features top 10 linebacker
  • NBA insider rips Chicago Bulls in latest power rankings
  • Chicago White Sox catcher drawing trade interest from San Diego Padres: Report
  • Analyst: Chicago Bulls ‘definitely’ got worse this offseason
  • Chicago Bulls reveal injury update on rookie; Matas Buzelis’ status for Monday
  • Chicago Cubs could fill all trade deadline needs from recently declared NL rival “seller”
  • About Us
  • Contact Us
  • Want to Write for ChiCitySports?
Facebook Twitter Instagram
Chicitysports – Chicago Sports News SiteChicitysports – Chicago Sports News Site
WANT FREE UPDATES?
  • BEARS
    • Chicago Bears News
    • Chicago Bears Rumors
    • Caleb Williams news
  • BULLS
    • Michael Jordan News
    • Chicago Bulls News
    • Chicago Bulls Rumors
  • BLACKHAWKS
    • Connor Bedard News
    • Chicago Blackhawks News
    • Chicago Blackhawks Rumors
  • CUBS
    • Chicago Cubs Prospects
    • Chicago Cubs News
    • Chicago Cubs Rumors
  • WHITE SOX
    • Chicago White Sox Prospects
    • Chicago White Sox News
    • Chicago White Sox Rumors
  • SKY
  • MESSAGE BOARD
Chicitysports – Chicago Sports News Site
Home»Other»This App Wants To Make Betting Between Friends Easy
Other

This App Wants To Make Betting Between Friends Easy

CutsizzleBy CutsizzleAugust 4, 20163 Mins Read
Facebook Twitter Reddit Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

 

With over 118 million people a year betting on the outcome of games, there is no denying the fact that

there is a huge appetite for gambling in America. People gamble in many ways from daily fantasy sites

and legal sports gambling in Las Vegas to illegal sports betting sites and bookies.

All of the above mentioned avenues can be monitored. However, there is one avenue of gambling that is

still unregulated, can’t be monitored and is arguably the oldest form of gambling: wagering between

friends and family. It is almost natural to find people betting a few dollars on whether the Bulls will

cover spread against the Heat or whether the Packers will be defeated by the Bears. No money is

exchanged online, both parties decide how much to bet and the losing party pays up without fuss when

the gig is up.

A new Chicago based app, called Bait, however wants to change all that and make it easy for close

buddies to be able to bet amongst themselves in a more streamlined manner. Gambling is tracked and

the winner gets money credited into their Venmo account.

Bait wants to give sports fans a place to gamble on games without having to submit details to online

gambling sites to play against unknown people and also ensures gamblers don’t have to keep going back

to daily fantasy where only the top 1% of players stands a chance.

The app is expected to have the same impact as mobile bingo apps like those that can be found here

bingoonmobile.co.uk , which allow players from all parts of the globe to enjoy a game of bingo in any

way they deem fit. Bingo players can compete against strangers, compete against friends or simply

compete against the algorithm.

Bait doesn’t have plans of taking sole bets and there is little evidence that they will do so due to the

legal hurdles they will have to navigate.

Legality

The Bait app circumvents the illegal sports gambling tag in a few ways. Firstly, losers are not mandated

to pay up. Funds are not automatically deducted from accounts and there is no financial penalty for not

sticking to the agreement. Users are only rated so notorious defaulters may be ignored by other players.

Additionally, the app doesn’t make money by taking a percentage of the money exchanged. They intend

to make money through sponsored ads alone. It remains to be seen how they intend to draw users away

from big names like Draft Kings and Fan Duel.

There is no risk in using the app as users do not risk any money and the player is always in control of

what happens.

The Chi League is something that every Chicagoan needs to experience

The Chi League is something that every Chicagoan needs to experience

Read More

For More Great Chicago Sports Content

Get the latest Chicago sports news, analysis, and breaking stories on the Bears, Bulls, Blackhawks, Cubs, White Sox, Sky, and more! Tap the star to add us to your favorites on Google News, so you never miss a story on your favorite Chicago teams.

Follow us on Twitter at @chicitysports23 for more great content. We appreciate you taking time to read our articles. To interact more with our community and keep up to date on the latest in Chicago sports news, JOIN OUR FREE FACEBOOK GROUP by CLICKING HERE

Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
Author Image
BY Cutsizzle

Cutsizzle is a trending news writer for ChiCitySports.

Related Posts

Other July 10, 2025

A Beginner’s Guide to Online Sports Betting on Chicago-Based Teams – Everything You Need to Know

Other July 10, 2025

From Social Clubs to Pro Leagues: Chicago’s Role in the U.S. Table Tennis Boom

Other July 9, 2025

Comparing Live Dealer Games with Traditional Online Casino Games

Other July 9, 2025

Uptown Online Casino in Australia – Bonuses, Games & Mobile Features

Other July 8, 2025

Future of Sports Betting in Czech Republic – Trends, Tech, Transformation

Other July 7, 2025

From the Madhouse on Madison to Mobile Slots: Why Chicago Sports Fans Love Online Casino Games

Leave A Reply

Facebook Twitter Instagram YouTube
  • Home
  • Message Board
  • About Us
  • Editorial policy
  • Contact Us
  • Our Writers
  • Want to Write for ChiCitySports?
  • Privacy Policy
© 2025 ChiCitySports. Designed by Dope Guys Who Run ChiCitySports

Type above and press Enter to search. Press Esc to cancel.