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Website Attracts Japanese Gamblers

21 Sep 2005

JAPAN – As reported by the Asahi News: "A new type of Web site has proved to be a gambler's online paradise. No ante is required, the topics of the bets range from baseball games to gasoline prices, and the only thing that can be lost is a bit of pride.

"And so far, there have been no problems with the country's strict gambling laws.

"These 'prediction' Web sites operate on a system that uses points.

"The services are similar to sites that give out prizes for winners in quizzes and lotteries. But the prediction sites have the spirit of gambling because more points are gained for betting against the odds.

"The points can later be exchanged for money or goods. But even the site operators say they are turning up winners…"

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