A premier online sportsbook destination for more than 25 years, BetOnline has something for everyone. In addition to their expansive sportsbook, the organization’s website also offers poker and an online casino as well. While the company prides itself on providing the latest gaming information, they also have made a consistent effort to push the envelope when it comes to their industry. For instance, earlier this month the organization made history in the gaming industry by becoming the first company to accept wagers surrounding a coin flip from space according to a report from the GlobeNewswire.
Here SBS will break down this landmark event and all that went into BetOnline’s “stellar” achievement.
Per the report from GlobeNewswire and also Forbes, BetOnline collaborated with an organization called Sent Into Space, which is a high-altitude balloon operator. The company, led by scientists Dr. Alex Baker and Dr. Chris Rose, worked with BetOnline in an effort to put together the launch of the first bet from beyond Earth’s atmosphere. This was not the first foray for Sent Into Space as the organization has collaborated with numerous top brands from Pixar to Burger King. In fact, Sent Into Space has put together more than 500 successful flights since its establishment.
According to Dr. Rose from Sent Into Space, the organization was intrigued and excited to partner with BetOnline on this new endeavor.
“When BetOnline approached Sent Into Space last year with the idea of placing the first bet in space, it was all hands on deck to make this novel concept come to fruition,” Dr. Rose said in the GlobeNewswire piece. “Not only did they manage to conceptualize this incredible feat, they also achieved a world record in the process.”
Per the report from GlobeNewswire and Joshua Barton from Odd PR, the first-ever wager from outer space was a two-pronged approach that required months of preparation. In the first of two launches, a spinning coin bearing the BetOnline logo was sent 20 miles above the atmosphere, stopping only once the aircraft returned to Earth several hours after launch. For the second launch, a rocketed spacecraft with an iPad and robotic arm were sent into the atmosphere. In the second launch, the iPad provided a live feed of the BetOnline website in space by using a two-way network bridge. To complete the transaction, a highly-dexterous mechanical arm with a stylus placed a bet on the outer space coin toss in real time.
According to the article, the coin toss bet was called at random using a random number generator with unpredictable inputs from the environmental sensor readings. This was the process put together to ensure the outcome was impossible to predict in advance. Though the outcome of the coin flip had already been privately recorded, BetOnline customers on Earth had the opportunity to place wagers on the proposition. The result was set to coincide with National Space Day earlier this month on Friday, May 6th. According to BetOnline, the “first bet in space” initiative is currently submitted to the Guinness World Records organization for verification.
In addition to this ambitious wagering endeavor, BetOnline has made a habit of finding new ways to place bets and utilizing emerging currencies. For example, in the past BetOnline made history by becoming the first company to place a wager on top of Mount Everest. Also earlier this year, the company became the first sportsbook outlet to add ApeCoin, a popular cryptocurrency, to its cache of crypto currencies accepted.
After you have read up on the latest news from BetOnline, you should also check out our SBS expert review of BetOnline to see all the sportsbook has to offer. Here you can find the latest promotions, contests and information related to the site. Also with cryptocurrency being mentioned above, SBS has even more information on the topic with our guide on payment options accepted at various online sportsbooks. In fact, we have an entire page dedicated to cryptocurrency wagering online which is a fantastic tool to become familiar with.
About the Author
As a devout aficionado of sports, Chris Boline has carved a career within the athletic realm. A skilled scribe, he boasts a decade-long portfolio that encompasses coverage of the NBA G League, the Los Angeles Chargers, football and basketball across the country. Beyond his professional pursuits, Chris is deeply invested in his community and dedicates his leisure hours to serving on boards, collaborating with community organizations, and cherishing the company of loved ones. CURRENTLY Business Development and freelance sports writing RESIDES IN Reno, NV EDUCATION University of Nevada BS and MBA EXPERTISE -Sports writing proficiency in: NFL, NBA, UFC, boxing, golf, and some motor sports -Topical news -Promotional and marketing ideas/updates -Business development Summary Chris Boline serves in a business development sales capacity as his day job. He has previously held sales/marketing positions with The Applied Companies (TAC), KTVN 2 News and the NBA G League’s Reno Bighorns, affiliate of the Sacramento Kings. He is a Reno native and is a member of various community boards including the Nevada Sagebrush Alumni Chapter, NCET and the College of Business Alumni Association (COBAA). Chris graduated from the University of Nevada in 2015 with a bachelors in management and economics and also earned his MBA from Nevada in 2023. More about Chris: Past president of the College of Business Alumni Association (COBAA) 2022-23 Two-time honoree for University of Nevada Alumni Chapter of the Year (Nevada Sagebrush Alumni Chapter, 2017 & COBAA, 2021) 2021 NCET award for Professional Services Organization of the Year with TAC Northern Nevada Human Resources Association 2020 Best Places to Work-Northern Nevada, Second Place with TAC 2016-17 Reno Bighorns MVP from the Sacramento Kings The Nevada Sagebrush editor-in-chief 2013-15 Associated Collegiate Press 2015 Four-year Non-daily Newspaper Pacemaker honoree University of Nevada, Reno College of Business Dean's List honoree (5x) from 2011-2015 Nevada Press Association award for Best Sports Column – Community in 2015 Education
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