betr

betr

Digital platform for fantasy sports and microbetting

About

Betr.app is a digital platform that merges fantasy sports with microbetting, targeting sports fans who want to engage in betting on their favorite leagues like the NFL, NBA, MLB, and NHL. The platform features two main offerings: Betr Picks and Microbetting. Betr Picks allows users to make multiple bets on player statistics, with the potential to win up to 100 times their entry, enhancing the traditional fantasy pick'em experience. Microbetting provides users the opportunity to place bets on specific moments during live sporting events, catering to those who enjoy the fast-paced nature of sports. Betr.app generates revenue through entry fees from users participating in these betting games, making it distinct from competitors by focusing on both fantasy elements and real-time betting. The goal of Betr.app is to create an engaging and interactive betting experience for sports enthusiasts.

Company Stage

Seed

Employees

51-200

Industries

Fintech, Gaming

Total Funding

$116.7M

Headquarters

Miami, Florida

Founded

2022


Simplify Jobs

Simplify's Take

What believers are saying

  • Betr's expansion into 33 states increases its potential customer base significantly.
  • The acquisition of Huddle Tech's technology enhances Betr's sports gaming platform capabilities.
  • Collaborations with media personalities boost Betr's brand visibility and audience reach.

What critics are saying

  • Increased competition from FanDuel and DraftKings may impact Betr's market share.
  • Rapid state expansion could lead to regulatory challenges and compliance issues.
  • Reliance on Huddle Tech's technology poses integration risks if deployment issues arise.

What makes betr unique

  • Betr offers instant gratification through microbetting on live sports events.
  • Betr Picks allows users to win up to 100 times their entry on player stats.
  • Betr's peer-to-peer 'Group Mode' enhances user engagement in fantasy sports.

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Growth & Insights
Headcount

6 month growth

↑ 0%

1 year growth

↑ 1%

2 year growth

↑ 1%

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