SBC News Voice of the Sports Betting Industry
Colossus Bets has announced the launch of its £10,000,000 Colossus betting pool. The prize pool will be available for betting for the forthcoming European football season. Colossus bets aims to attach lottery-sized sports prize pools to sports betting customers.
This new product launch aims to revitalize the football and sports pool betting in the European sports market. Other product features include the ability to reward customers for correct selections and the ability to cash-in tickets (in full or in part),
Colossus Bets pool betting system has been built by www.i-neda.com, with an API feature that can handle 2,000 bets a second and the central tote 5,000 bets a second the system is designed to handle a high level of traffic.
The Launch of the Colossus will also feature a ‘Refer a Friend’ (RAF) scheme which will allow our customers to earn a cash back of 5% of amounts bet by their friends and 2% of amounts those friends cash-in or win, for a period of 12 months from the date of each referred player’s first bet with Colossus Bets. These dual cash back revenue streams are unique to the igaming industry and are also totally unlimited,
