Skillbet.com brings America's Greatest past time back on shore by enhancing the skill of the game.
Online PR News – 19-July-2012 – Las Vegas, Nevada – The online poker industry has been on shaky ground since Black Friday, April 15, 2011, when PokerStars.com, FullTiltPoker.com and others were seized by the Department of Justice. Despite having a pro-poker President in the White House, promising Legislation has dried up.
SkillBet.com is changing all of this. Real money online poker is back in the 28 states in which SkillBet.com currently offers its games of No Limit Texas Hold’em.
How Does It Work?
In SkillBet.com Poker, the player and the opponent are dealt the same cards while sitting at identical tables. Both play against the same five computer players. If, for example, player A wins $20 with an Ace Queen of clubs, but player B players a better and win $30, then player B won $10 from player A. The only factors that determine who wins are the players' decisions: Which player earns the most money from the same hand? Which player folds, bets or raises at the correct time? Who is able to better master the same hand against the same players?
During Skillbet Live games, if a player folds a hand, but the opponent plays , then the player can watch (and even trash talk) its opponent in real time. If the player is still playing the hand, then the player cannot watch its opponent. If the player selects "Auto View Opponent," then its view will automatically be switched to its opponent's table so the player can watch (and switch back its table for the next hand).
Why is SkillBet.com Legal?
This set-up makes it a game of skill and 100% legal. In most US states, gambling is defined as risking something of value on the outcome of a contest predominantly of
chance. SkillBet.com takes No Limit Texas Hold’em and adds more skill, making it legal online poker in these states.
SkillBet.com’s legal opinion was provided by Marc Zwillinger, a Harvard lawyer who is the former head of internet gaming enforcement for the US Department of Justice. Four other lawyers favorably assessed the legality of SkillBet.com, and one (a partner in one of the largest and oldest law firms in the world) is now an investor in SkillBet.com.
Easy to Pay, Fast to Play: PayPal, Visa, MasterCard
Even before the U.S. government shut down the US- focused operations of global poker companies, payments, deposits and billing were a problem. But SkillBet.com promises poker players a way to earn real money via PayPal, Visa and MasterCard -- putting their finely-honed poker skills to the test for real money.
NOTE: Participation is restricted to individuals 18 years or older in specified jurisdictions
About Lacey Jones
Lacey Jones is the #1 Poker Spokesmodel in the world. In 2008, Lacey was the Co- Host of The Real Deal! at the Venetian Hotel in Las Vegas while also gracing the cover of Bluff Magazine in their November 2008 issue. This was one of only a few covers in Bluff circulation history to feature a woman. Today, Lacey continues to be a force in the poker world. In 2009, she was a Borgata Poker Spokesmodel for January and September’s Winter Poker Open in Atlantic City. Lacey has also hosted interviews at the 2009 WSOP for ESPN 360, WSOP.com, and Bluffmagazine.com.
SkillBet.com's official launch date is July 8, 2012 during the Main Event of the world series of poker. SkillBet.com is the world’s first 100% legal real money Poker offering in the United States. Marrying social gaming and real money skill games, SkillBet.com provides customers with an exciting, new and safe gaming experience. Lacey Jones (poker pro, fashion model, and international TV host) is the spokesperson for SkillBet.com. Please watch an introductory video on our home page to see a brief introduction to prospective affiliates. We are offering media tours of the website and game upon request. SkillBet.com boasts a world class investor base including:
• Craig Jones is the co-founder and Managing Partner of Ticonderoga Capital.
• David Shladovsky is general counsel of Kayne Anderson Capital Advisors.
• Larry Coben is CEO of Tremisis Energy Corporation and a board director of NRG Energy.
• Leo Vogel is CEO of e2 Communications an internet marketing company.
• Mark Marney is the co-founder and former CEO of TGW.com, the world's largest golf e-commerce company. Mark is also a board member of the Company.
• Michael Targoff is the CEO of Loral Space & Communications.
• Peter A. Leidel is founder and General Partner of Yorktown Partners, LLC and was previously a Partner at the Venture Capital Group of Dillon, Read & Co. Inc.
• Tom Mendell is the former co-head of Goldman Sach's Principal Investment Area and former Partner at The Beacon Group.
To follow events and updates surrounding SkillBet.com and the 2012 World Series of
Poker in Las Vegas, go to SkillBet.com.