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Gambling on professional video games? This former Microsoft exec is betting it’s a win – Puget Sound Business Journal
Seattle start up Unikrn officially launched today with a system to let people gamble on professional video game competitions. It works just like traditional sports betting with odds that shift depending on who’s favored to win and where people are putting their money. You place your bet, watch a live stream of the match and then collect your winnings if you picked correctly. Sports gambling is mostly illegal in the United States, so Unikrn CEO Rahul Sood said the company is just working on perfecting its platform internationally for now.