Online Sportsbooks Predicting The Growth Of Facebook

October 5th, 2010 – Written By Bonnie

Last weekend was a big weekend for the box office as the anticipated film The Social Network hit the big screen for it’s world wide opening. Although the film proceeded to pull in a sum of nearly $23 million, it seems as if the hype of the movie was much more than the actual sales opening weekend. The overall sales at the box office were down last weekend and with little to no competition for The Social Network, the film feel short of what was being expected at the box office.

With Facebook being the most popular online social network of our time, it is no wonder that people are curious as to how Facebook came to be a multi billion dollar company in such a short time. What started out to be an experiment, turned four young college students into some of the richest individuals in the world. Founders of Facebook turned this class project into quite a successful business, with over 500 million active users currently part of this growing business. Facebook was launched in 2004 and has since grown to be one of single most successful businesses of today and every day we continue to see the number of active users grow.

Facebook is expected to reach 1 billion members soon and online sportsbooks are offering entertainment betting odds on just how soon that will actually take place. Online sportsbooks went from only offering sports betting lines for events such as the NFL, to holding betting odds on everything from politics to reality television. Online bettors like to be where the action is and if you are a Facebook member and interested to see just how big this company will grow to be, online sportsbooks are a great way to follow the action of Facebook.

Current Affairs Prop: When will Facebook officially reach 1 billion users?
2010                       +3000
1st half 2011     +500
2nd half 2011     +275
1st half 2012     +350
2nd half 2012     +400
1st half 2013     +225
2nd half 2013     +500
2014 or later     +550

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