Betr Archives - Bookielink

September 7, 2023

Betr launches real-money sportsbook in Virginia

Microbetting operator Betr Holdings has announced the launch of its real-money sportsbook product in the state of Virginia.

Consumers can access the Betr Fantasy & Sportsbook app on iOS as well as the Betr Microbetting app via Google Play. Betr will also launch its Scripts product in the state.

The roll-out means Betr is now active in three US states, having already gone live in Ohio and Massachusetts.

Launching in Virginia also marks the final Betr Sportsbook roll-out on Betr’s V0 product. The operator will introduce its V1 Sportsbook in additional and existing states next year.

This development has been made possible through Betr’s acquisition of the Chameleon platform from FansUnite. Betr purchased Chameleon, which offers a suite of gaming solutions, for $7.4m (£5.9m/€6.9m) in May.

Betr’s new V1 OSB product will feature wider sportsbook capabilities. These include pre-match and in-play core markets, parlays, same game parlays, futures, props and other bet types. More than 20 ad..

April 20, 2023

Betr brings on the Cavinder twins as equity partners

Beter has agreed an exclusive media partnership for the Cavinder twins to join the business as content creators, creative directors and equity partners.

The Cavinder twins, Hanna and Haley, are former NCAA basketball players who have built a large social media following. In an exclusive deal, they will bring their Twin Talk podcast, which originally launched on iHeartRadio, to Betr Media.

Betr said that this partnership will expand on-camera content and female-focused sports content for the company.

In addition to their own podcast, the Cavinder twins will make regular appearances on BS w/ Jake Paul and other Betr Media content across multiple platforms.

Founder and CEO of Betr, Joey Levy, says he is thrilled to welcome the Cavinder twins to the company. He said: “They have already accomplished so much and are just scratching the surface of their potential.”

The Cavinder twins said the partnership offers growth potential to their brand.

“Betr gives us the ability to accelera..

March 16, 2023

Betr to expand beyond microbetting into new segments

Joey Levy and Jake Paul's microbetting start-up Betr has announced it will be expanding beyond the vertical into new segments.

The company said that it will offer pre-match and in-play betting in its core markets ahead of the commencement of the NCAA basketball tournament March Madness. The expansion to new verticals will launch with 0% margin on pre-match markets for the tournament, which Betr said will have industry-best payouts during the event.

Co-founder and CEO Joey Levy said that the business was “excited” to be at the forefront of innovation efforts as it looks to expand its suite of product offerings.

“The core markets on Betr will be the first launch of Simplebet-powered core markets on any platform, so we are excited to be at the forefront of their innovation efforts as they continue expanding their suite of product offerings,” said Levy.

The CEO said that the decision to launch first with only microbetting was a deliberate strategy to speed up the company’s time..

November 4, 2022

Betr secures market access in Indiana

Betr, the new micro-betting business founded by Simplebet co-founder Joey Levy and social media personality Jake Paul, has secured market access in Indiana via a partnership with the Caesars Southern Indiana land-based casino.

Subject to regulatory approval, the new arrangement, which also includes EBCI Holdings, the gaming entity of the Eastern Band of Cherokee Indians that operates the casino, will allow Betr to launch real-money micro-betting in the state.

Upon Betr securing the relevant licence, consumers in Indiana will be able to place wagers on a range of in-game plays or events such as the number of strikes thrown in a baseball game or how many touchdowns will be in a football game.

The deal will predominantly be equity-based and forms part of a wider partnership between Betr and EBCI Holdings that could lead to further launches in other states.

“Market access is one of the primary expenses that comes with launching a regulated sports betting business in the US, so we have ..

October 11, 2022

Betr becomes first US online operator to ban credit card gambling

Sports betting operator Betr, founded by Simplebet co-founder Joey Levy and influencer Jake Paul, has announced that it will ban the use of credit cards on its micro-betting app, claiming to be the first US operator to do so.

The announcement was made by Levy, Betr’s CEO, at the Global Gaming Expo event in Las Vegas yesterday (10 October).

Levy also revealed that Betr will become the first operator to enforce mandatory deposit limits for 21-25-year-olds.

Read the full story on iGB North America

September 2, 2022

Betr launches micro-betting app

Betr has launched its micro-betting focused app on a free-to-play basis across the US ahead of it obtaining licences and regulatory approval.

Betr was founded by Joey Levy, who was also the founder of Simplebet, and social media personality Jake Paul, who is the business’ president. Its app is focused on enabling users to predict the outcomes of every moment of every sporting event, including all pitches and at-bats in Major League Baseball games and every play and drive of all National Football League fixtures.

Betr officially launched last month, having raised $50m in funding.

The app is available nationwide initially for social play, with users able to wager coins which can be redeemed for real prizes. Having recently applied for a licence in Ohio, Betr added that real money betting will be available over the coming months.

“We are thrilled to announce the launch of the Betr app today,” said Joey Levy, founder and chief executive of Betr.

“We view this free-to-play experience a..

August 12, 2022

Hall of Fame Resort & Entertainment Company pens sports betting deal with Betr

Betr, the new micro-betting business founded by Simplebet co-founder Joey Levy and social media personality Jake Paul, has entered into a partnership with Hall of Fame Resort & Entertainment Company (HOFV).

Under the 10-year agreement, which will initially focus on Ohio, Betr will become the official mobile sports-betting partner of HOFV, subject to it securing the necessary licenses.

As part of the deal, HOFV will gain a limited equity interest in Betr, as well as having access to revenue sharing and opportunities for cross-marketing, branding, and engagement with consumers.

HOFV is the only resort, entertainment and media company centred around professional football. The business earlier this year also announced a sports betting partnership with Rush Street Interactive.

“This new partnership amplifies two of our key business verticals in gaming and media to further our strategic goal of continually creating new and unique sports content and experiences for our fans and guests to ..

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Tag: Betr