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  • · Premium Member
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    Didn't even realize you posted a reply. Best to PM to get a quicker response...lolz. How's the status on your sports betting biz. My friend is going on Dragon's Den again. VCs and angel investors are hard to come by these days without a solid prospectus. You should get back into poker and raise the funds. That's what I'm doing.

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    Yeah I've been building this for the last 18 months on the back of Draft Kings success. but they are ****ed, its getting banned state by state in the US and they haven't made a profit yet. They sold all their equity for media space instead of cash and have something like a $100 customer acquisition cost. If you think they only make profits off the reg fees, I dont think they will ever make a profit with costs like that.

    But I've made mine White Label, so the bookmakers will skin it and give to their existing customers. Ive also integrated live sportsbook betting which is legal in Europe on soccer - I get 22% of sportsbook bets :D
    Its looking very good, Im negotiating with Betsson the 4th biggest betting company in the world and should have a close next Monday. Then Im going to hit VC's. It could still go wrong of course and they don't sign, but its 99%. Will be nice to go back to not being broke anymore lol

    · Premium Member
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    My friend built a site called Lucky Lady Games. Poker ap for Facebook. Zynga was the top co in that sector. Overnight the paradigm shifted to game aps for android and Iphones. She put in a tremendous amount of time + resources. She went to the gaming convention in Vegas getting a lot of advice from people in the industry.

    I helped her write articles (mainly poker, black jack, UFC, video games, etc) and one of em was about fantasy sports betting.

    Fantasy sports betting is huge. Out here Calvin Ayre was the man when he created Bodog. Lives out in Costa Rica now.

    Did you invest, outsource/hire IT team programmers, or actually develop the software yourself. There are tons out there. Marketing is crucial to get eyeballs, build seo, traffic and ultimately end users.
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