AllSportsMarket.com provides the sports fan a safe environment to speculate on sports events without the risk of 'losing your shirt' in a win/lose proposition employed in a sportsbook
London, UK (PRWEB) August 28, 2004
AllSportsMarket.com, the World's first and only sports trading market with cash dividends was successfully launched on August 9, 2004 with the first NFL pre-season game. Members from around the World now battle against each other in live head-to-head sports trading competition on all 32 NFL Teams. On Saturday August 28, all 130 nationally televised NCAA Football teams will open for trading at exactly 2:00p Eastern.
AllSportsMarket.com employs professional trading methods and tools precisely modeled after Wall Street's NASDAQ. Any sports or gaming fan can buy or sell virtual shares in NFL or NCAA Football teams. All trades are executed in real-time with actual cash dividends paid out to the players holding the winning teams after every game. The market is driven by player demand on any given sports team as they compete for real money. Prices rise and fall over speculation on a team's performance before, during and after each match. The dividend system adds excitement as players must constantly decide whether to sell with gains in price or hold for payment of dividends at the close of a match. Members can exchange information, make picks and hold open discussions in the threaded forums. The game never stops as the excitement runs 24 hours per day all year long. Over the coming months, all major U.S. sports will be covered as each season opens.
"AllSportsMarket.com provides the sports fan a safe environment to speculate on sports events without the risk of 'losing your shirt' in a win/lose proposition employed in a sportsbook," said company president, Chris Rabalais. "It is so realistic that you quickly forget you are not trading on Wall Street." "and", continued Rabalais, "you can actually cash in anytime for real money. A good team pick will pay dividends all season long."
An AllSportsMarket.com user recently commented, "This is a completely new concept, combining several already existing, online elements... sports betting, fantasy league play and stock trading. Anyone trying it now... from the sports fan and betting enthusiast... or even fantasy players are all saying 'this is the most exciting thing to come along in a long time.'" Binding all these elements together is the online community created by the forums, live chat and support.
There are currently 2,359 active accounts and this number grows daily. There is no charge to open an account and a $5 bonus currently applies.
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