
Betr
Disrupting legacy gambling and legacy media.
USD | 2023 |
---|---|
Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Dealroom estimates
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Betr.app is a digital platform that offers a unique blend of fantasy sports and microbetting. The startup operates in the online sports betting market, providing a fresh take on the traditional fantasy pick'em games. Its primary clientele includes sports enthusiasts, both seasoned and casual, who are interested in betting on their favorite sports including NFL, NBA, MLB, NHL, and more.
The company's business model revolves around two main offerings: Betr Picks and Microbetting. Betr Picks allows users to make multiple picks across various sports, betting on player stats and potentially winning up to 100 times their entry. This feature amplifies the traditional fantasy pick'em concept, adding an extra layer of excitement as every pick and decision counts towards the final winnings.
Microbetting, on the other hand, offers instant gratification by allowing users to bet on every moment of live sporting events. This includes betting on specific plays, drives, pitches, at-bats, shots, and possessions. This feature caters to the thrill-seekers who enjoy the unpredictability and fast-paced nature of live sports.
Betr.app generates revenue through the entry fees collected from users participating in the betting games. The more users participate and the more bets they place, the higher the revenue for the company.
In summary, Betr.app is a dynamic startup that combines the thrill of fantasy sports with the excitement of live betting, offering sports enthusiasts a unique and engaging platform to test their sports knowledge and instincts.
Keywords: Fantasy Sports, Microbetting, Online Sports Betting, Betr Picks, Live Sports, NFL, NBA, MLB, NHL, Revenue Generation.