Rise and Fall of BetonSports

August 27, 2007

A new book that is out, “The Rise and Fall of Bet on Sports,” chronicles the life span of the famous online gambling company BetOnSports. It talks about the way the online gambling experts rose from all the others to become so popular, only end in the incarceration of their CEO, David Carruthers.

The author, Hacksaw Hemingway, has published the online gambling book as an e-book on Lulu.com. You can download it for $19.99 as a PDF download, and many expect it to be somewhat of a fascinating read, as well as a cautionary tale.

It will cover the online gambling industry, in addition to going in depth into Betonsports. Many thought that it would be Carruthers who wrote the first tell-all book on the online gambling company – especially since he was the fall guy for the company. However, Hemingway has seemingly beaten him to the punch, showing how the online gambling giant was brought down by the government’s investigation of them.

The book tells about more than just online gambling – it also covers the other factors leading to the demise of one of the largest online gambling companies known to this day. Hemingway says that it wasn’t just the UIGEA that lead to the destruction of this company, it was the insanity that came along with it. Add a healthy dose of sex and drugs and you’ve got a recipe for disaster.

The book won’t do much for the online gambling industry’s reputation, or that of BetOnSports’s rep either, but it will show how you can avoid the same problems that they ran into.


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