No Real Money Used in YouBetMe New iOS App

Jason Neubauer, the co-founder and CEO of YouBetMe is planning to launch a prop betting iOS app for social gambling next month, taking the offering out of beta testing by around five thousand enthusiastic supporters. By avoiding real-money action between people who use his site to bet against each other, Neubauer thinks he could also avoid legal problems in the USA. He says he has been careful about toeing the legal line since launching YouBetMe in beta test mode last October, which is why the new app focuses on creating an entertaining brand of social gambling, with the financial returns coming from advertising and sponsorships.