Quorumbet.com - Social Betting Brings in the Cash

Quorumbet is a social betting platform in which users can wager on any topic they’re interested in, and invite their social network to join in on the gambling fun. So to create your own wager, a number of steps must be taken first. You’ll want to set the bet’s status as public or private, first, then define the decision source for the outcome; from there, start inviting users, and set the minimum stake required to participate in the bet. Bets can range from celebrity speculation, business propositions, to news stories and political outcomes. All winnings are distributed equally amongst the participants, minus the commission paid to QB (5%). Bet facilitators earn 2% of every bet. Current bets include ‘Will David Cook become the next American Idol?’, and ‘Will Apple’s stock price hit $160 by August 31st?’.

“We have taken a betting platform to a new level. QB gives you the freedom of peer-to-peer betting on any topic. You get to create your own bet statement(s) on what you are passionate about and invite your social network (i.e. friends, family anyone you may know) to participate. When you win the bet’s total amount is then split proportionately amongst all winners”

Quorumbet makes betting easy for one, and also social. Users can wager on their favorite subjects, and perhaps profit from their passion.

How are winnings paid? What’s the minimum payment one has to make to enter a bet?