VersusGame will share revenue with players who get friends to wager on event outcomes

We all like to predict what will happen next in a game or other event. VersusGame was created to enable fans to place wagers on micro events like which of two musicians will rank higher in the charts by the end of the week.

And today the company is starting a novel referral program for players who invite 10 friends to join VersusGame. For a full year, VersusGame will share 5% of your friends’ winnings. And that amount doesn’t come out of your friends’ winnings. It comes out of VersusGame’s proceeds, which normally is about 12.5% of the total from each player.

John Vitti, CEO of VersusGame, said in an interview with GamesBeat that this kind of novel referral program is a loss leader aimed at giving people a real stake in the success of the platform and their friends. It’s not considered gambling in around 40 states as the games are considered skill-based, as opposed to games of chance.