Social Betting Phenomenon

A man named Tim Naki on Instagram placed bets in online blackjack based on his number of followers, starting with 10 cents per follower and increasing the bets as his follower count grew. He amassed over a million followers and hundreds of thousands of people joined his blackjack syndicate, creating a social betting phenomenon. This social aspect of betting attracted many individuals to participate in group bets, leading to a large sum of money being placed in bets. The excitement and entertainment of watching this unique form of social betting attracted a significant following.