An online, integrated social network, where users can bet amongst groups of friends or strangers on a any situation they please. For example, sports, which movie will be top at the box office in a given weekend or fantasy sport group bets with simple payout. Each player creates an account linked to a third party vendor which allows easy payment from player to player. Funds would need to be paid into an account and paid out to the winner. The users must be able to form the betting scenario, invite friends to the group/ event (in a private event) or be able to allow strangers join and bet on the event. The website should have a program that allows the tracking of the progress of the betting, or the tracking of the event in which the bet is being made upon. There should be a schedule of upcoming sporting events with options to bet against a friend or random stranger that accepts the bet. We will need to charge a flat percentage per transaction.
We have just purchased [login to view URL] Domain name. I will be getting emails out to all bidders on further details and making our decision by Monday.