The Betr app is for micro-betting

The Betr app is for micro-betting

Summary:

Betr’s free-to-play app is for sports betting. Initially, the app is available for social play, with users able to wager coins which can be redeemed for real prizes. Betr was founded by Joey Levy, who was also the founder of Simplebet, and Jake Paul, who is the business’ president.

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

Betr was officially launched last month with $50m in funding.

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

Joey Levy, founder and chief executive of Betr, said they were thrilled to announce the launch of the app.

We view this free-to-play experience as a platform to begin acquiring users and an interactive lesson for the future of sports betting.

We believe that the experience unveiled today offers a peek into the future of sports betting in the US, with an instant gratification focus on betting provided in a simple, intuitive user experience that anyone can enjoy, even if they have no prior experience.

The Ohio-based Hall of Fame Resort & Entertainment Company is partnering with Betr. The business will soon be announcing more market access partnerships for its real money betting launches in other states.