Online Sportsbook, Bwin, Ventures onto Land for the First Time in Spain

Betbull - what a perfect name for a betting company doing business in Spain. I personally have not been to Spain, but can honestly say that one of the foremost images that pops into my mind when I do think of Spain is the running of the bulls. Or bulls in general. You know, matadors and red capes - the whole nine yards. I also think of fresh seafood, but then again, maybe I'm thinking of Portugal. Spain's great. Let's leave it at that.

Anyways, the reason I mention Betbull is that I just read an article they are teaming up with Bwin. If you're not familiar with Bwin, allow me to familiarize you - Bwin is sportsbook. As some people have mistakenly thought in the past, they are not an online betting exchange. That's Betfair, and no, I don't think Bwin and Betfair sound anything alike. What's the deal?

As opposed to online casino gambling or bookie betting for that matter, online betting exchanges are a form of wagering that allows people to post their own odds on betting events (usually sports), which can then be challenged by other bettors. Since there are no bets actually being made with the bookie, per say, it is technically classified as a betting exchange. This was the same setup as Betcha.com, which if you remember correctly, was recently shut down by the Washington State Gambling Commission and hunted down by good 'ol Louisiana boys.

Bwin, however, is not an online betting exchange (I feel better getting that off of my chest, thank you). Now that we have cleared that important matter up, why is Bwin and Betbull's partnership newsworthy you ask? I really don't know to tell you the truth, except that this is Bwin's inaugural entry into land-based betting. They have hitherto entirely focused entirely on online betting, so I guess it should be interesting to see how they fare in Spain, which you may know has recently been liberalized on the gambling front. Other bookies like Will Hill and Ladbrokes have already announced plans to hit up Spain, so it should be a grand fun-for-all. Good luck Bwin!

(Sometimes I wonder where I am going with this blog. I suppose it's just good to write. Hey, if it keeps me from gambling all the day long, that must be a good thing, right? Not that I would gamble all the day long anyway, but you never know....)

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