Today, the Poker Financial Network (Poker FN Corp.) launches a new financial market built on top of the poker industry with its site, Wildstakes.com. The group is running a promotion with Mountain View based betting site Pickspal, a site where users predict sports outcomes for prizes. 40% of Pickspal are registered poker players.

Wildstakes.com features 8 top poker pros for which users anywhere in the world can back as they would a horse. If the players win, the backers receive a set financial return. Wildstakes.com manages the entire payment cycle and players. Until today to sponsor or back a top player you had to personally know them. Wildstakes.com democratizes the process opening up the door to the global community. Wildstakes.com contracts top players and allows anyone who wants to, to be backed. A rating system provides necessary data for users to make buy decisions.

Players have an interface at Wildstakes.com where they choose Tournaments at land based casinos. Each time a Player chooses an event all backers for that person are notified so that they can go watch the game live. The company plans on televising events so that Wildstakes.com users can view their investment live.
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