 On 1 April 2013, news website TechCrunch published a hoax article claiming that it would be launching a social betting game for venture capitalists to gamble at, remarking that it would be "an even easier way to bypass SEC regulations around being an accredited investor".The article included a TechCrunch-themed slot machine that was powered by Betable software.Third-party game developers use the Betable API to apply real-money gambling functionality to mobile games.