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Betolio connects friends through Facebook and let’s them make real-money bets with each other on soccer matches. The company believes that while plenty of options exist for experienced gamblers, there is a large unmet market opportunity within social gambling. Betolio aims to make betting social, simple, and free. It allows users to browse the world’s most popular soccer leagues and select any match scheduled for kickoff within the next seven days. Users can then create custom bets around their favorite teams, players, statistics, outcomes, and friends.

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