BettorTakes' Personal Betting Algorithm Helps Sports Bettors Improve

Summarized by: Live Sports Direct
 
BettorTakes' Personal Betting Algorithm Helps Sports Bettors Improve

BettorTakes' Personal Betting Algorithm Helps Sports Bettors improve. Startups series looks at companies innovating in the fields of athlete performance, fan engagement, team/league operations and other high-impact areas in sports.

BettorTakes is an analytical tool that searches through your past betting performances to find your strengths and weaknesses.

The company is self-funded from the founders. Most of the investors have known each other for 20-30 years. They have invested about $100,000. The company wants to raise more money.

The company's product is a predictive tool that analyzes bets based on the user's history. It's free and it's aimed at people who want to improve their performance. The company will have subscription tiers soon. The product solves the problem of people losing a lot of money betting. They also add value to their lives by understanding things that they do repeatedly. Their demographic is broad. Its product costs free. Some features will be behind the paywall. and some will not be. But right now, the basic tool is free, and the product's demographic includes anyone interested in improving their performances. In the end, it solves a problem that 97% of betters lose money.