The online gambling market is expanding rapidly, as gaming operators think up new and innovative ways for players to win generous jackpots This week, a new form of real-money gambling has premiered, as Cashplay.co offers iOS players the ability to compete in skill-based tournaments for cash prizes. Cashplay.co is a unique application that marries social gaming features with online casino prizes.
Players face off against one another in games of skills, and the winner earns a generous prize. There are 58 different games available, so players have plenty of options. They can choose the perfect game in which they can flaunt their skills and beat the competition. In order to prevent players from cheating or hustling others, there is a skill-matching system. Players climb the ranks and compete other players that exhibit similar skill sets.
This way, there is no way for players to have an unfair advantage over others. “Instead of driving gamers away with ads or in-app purchases — methods that simply don’t work for the majority of titles — developers can use a competitive platform that not only makes money but also makes games more attractive to players,” says Jarrod Epps, CEO of Cashplay.co.
“This is a watershed moment for iOS developers”. Cashplay.co tournaments are available in over 150 countries around the world. Since the application is not exactly classified as gambling, there are relatively few restrictions. As such, players can access Cashplay.co titles from the iTunes App Market. A number of different payment methods are also available, including credit cards and e-wallets.
This new form of real-money gaming has the potential to change both the social gaming and online gambling markets. We will certainly keep an eye on this app to monitor its effects on current online gaming trends.