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Last updated on April 18, 2014 at 21:21 EDT

The First Website for Betting on Viral Videos

March 1, 2013

The First Video Blog Featuring Viral Videos Before They Go Viral

MUNICH and SAN FRANCISCO, March 1, 2013 /PRNewswire/ –

BetTube is an online gambling platform for betting on the future success of Youtube
videos, and it is launching today. Users can bet that a video will get many new views in
the next 12 hours. BetTube aggregates these bets into a blog of videos that are likely to
go viral in the near future.

BetTube is launching with play money gambling only, but will allow real money gambling
in the future. The rules of the betting platform entice users to bet on videos with a very
low view count (usually below 1000) that will have thousands or even millions of views the
following day. Experience shows that predictions generated by bets are quite accurate in
many cases. By crowdsourcing these bets, BetTube will be the website that features viral
videos first.

The Company

BetTube is a startup from Munich, Germany, founded by Clemens Ley in January 2013.
Prior to working on BetTube, he received a PhD in Computer Science from Oxford. The
company will demo BetTube at the Launch Festival in San Francisco (March 4 to March 6).

The Market

The market opportunities for BetTube are huge. YouTube is the third most visited
website worldwide, with hundreds of millions of users. The online gambling industry has
been growing at an astonishing 23% per year for the last several years. With online
gambling becoming legal in parts of the US, the time seems ripe for startups like BetTube
to disrupt the gambling industry.

Summary

BetTube will be the go to destination to find the viral videos before they go viral.
At the same time BetTube creates a completely new form of online gambling. Video and
gambling are extremely engaging concepts, and their combination will be even more
powerful.

        Contact

        Clemens Ley
        clemens@bettube.co
        +49-179-47-90-434

http://www.bettube.co

SOURCE BetTube


Source: PR Newswire