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Betting Site Offers Wagers on Anything

31 July 2003

KANSAS – As reported by Kansas City Star: “People for years have joked about being able to bet on just about anything in Las Vegas. Now, for online gamblers, the old joke could be coming true.

“, a gambling site that was launched this week, lets you wager on just about anything that's legal -- as long as you can find someone else to take the bet.

“The site was conceived by a Wall Street bond trader who died in the Sept. 11 World Trade Center attack.

“For a monthly membership fee of $20, UBet grants access to a betting grid in which players propose and arrange wagers among themselves and settle up privately. In essence, it will match gamblers the way the eBay auction site matches buyers and sellers.

“…`Members can bet on almost anything as far as their imagination reaches,’ according to the site. The only limitation on bets is on `obscene or illicit activities’ or on wagers involving the death of anyone, UBet co-founder Frank Aquilino said.

“…The Web site is licensed and regulated by the Kahnawake Gaming Commission, an agency of the Kahnawake Mohawk tribe near Montreal…”

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