Amaya launches new sports betting format ‘Spin & Bet’

Amaya Gaming ‘s sports betting site BetStars has announced a new  product this week  called ‘Spin & Bet’. As is made fairly apparent by the name, the innovation is based on sister site PokerStars’ popular jackpot Sit & Go game ‘Spin & Go’.

Much like poker’s Spin & Go, Spin & Bet adds an additional element of gambling for sports bettors. Instead of straight up wagering on a game, players can receive up to 10 times the original payout for their bet if they win via opting in to this feature.

The potential payouts are 1x, 1.5x, 2x, 5x, or 10x the wager and players must pay an extra 10% in ‘juice’ in order to participate. For example, a bet that would pay out $20 if it comes in would only pay $18 in the Spin & Bet format, but if the player hits the 5x jackpot, it would instead pay $90.

We’re really excited by the launch of Spin & Bet, which we believe is set to be the game-changing innovation in sports betting this year”, said Amaya Director  of Group Business Development and Strategy Guy Templer.

“We’re convinced our customers will love the new product as it brings a new and exciting dimension to betting for sports fans around the world.  This is only the first in a number of unique, exciting products that we expect to introduce over the course of 2016 helping to distinguish BetStars from its competition.”

You can check out a brief introduction to Spin & Bet in the video displayed below:

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