Jake Paul raises $50 million for sports micro-betting startup

Betr has announced its plans to launch sportsbook betting services in seven states in 2024, in conjunction with a series of partnerships to enable market access for the sports gaming and media company. Co-founded by YouTube personality and professional boxer Jake Paul and businessman Joel Levy in 2022, Betr is a direct-to-consumer gambling platform…

Betr Sportsbook Ohio is the brainchild of YouTuber-turned-combat sports star Jake Paul and Joey Levy, who he co-founded it with. After making its official debut in the "The Buckeye State" back in January, Betr Sportsbook Ohio has quickly become a favorite of sports bettors in Ohio due to its unique angle on micro-betting, which encourages users to…

Betr Fantasy & Sportsbook was co-founded by YouTuber and boxer Jake Paul, who wanted to develop a sportsbook focused on micro-betting. Paul announced the project in the summer of 2022, and Betr made its debut in Paul's home state of Ohio in January 2023. In May, Betr launched in Massachusetts, and in September, it launched in Virginia. In a sports…

Betr, the micro-betting specialist sportsbook co-founded by Jake Paul, will be soft launching in Massachusetts within the next several days, a Betr source confirmed with Sports Betting Dime. The news comes a day after the Massachusetts Gaming Commission approved Betr's certificate of operation for Massachusetts online sports betting. Betr had…

Ohio is the only state Betr is currently operating live in, but the sportsbook app is on the periphery of going live in two other key markets. Betr is making a major change with its legal sports betting product on the eve of college basketball's premier sporting event of the year. The sports betting app that's focused primarily on micro-betting is…

Betr, a sports betting operator specializing in micro-betting, met criteria for an untethered Massachusetts online sports betting license, according to the Massachusetts Gaming Commission. Betr, and its President Jake Paul, faced extensive questioning from the Massachusetts Gaming Commission about its responsible gaming strategies and allegations…

Joey Levy, CEO and co-founder of Betr, announced earlier this week that the microbetting-focused app received licensing from Ohio regulators and expects to be part of the state's initial legal sports betting launch on January 1. Photo By - USA TODAY Sports When legal sports betting goes live in Ohio on New Year's Day, an up-and-coming microbetting…

The Ohio Casino Control Commission has granted conditional approval to Betr to serve as an online sports betting management provider for the Pro Football Hall of Fame Village. Touted as the first direct-to-consumer micro-betting sports betting platform in the world, Betr will launch its online sports betting service in the Buckeye State on Jan. 1,…

Al Bello/Getty Images for Triller. Pictured: Jake Paul celebrates after defeating Ben Askren in their cruiserweight bout during Triller Fight Club at Mercedes-Benz Stadium on April 17, 2021 in Atlanta, Georgia. Betr, backed by rising superstar boxer Jake Paul, continues making waves in the sports betting industry. Founder and CEO Joey…

The latest approvals mean Ohio regulators have now approved 16 operators of online sportsbooks to date, including FanDuel and DraftKings. Legal sports betting will start in the Buckeye State on January 1. Regulators have approved the latest batch of licenses for online sports wagering in Ohio, including a permit for the micro-betting firm…

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…

The Jake Paul-led operator, which is focused on the micro-betting sector of the iGaming industry, now has two markets targeted for when it launches its real-money app - but when exactly that will be is to be determined. Micro-betting is coming to the Hoosier State... eventually. Betr announced a partnership yesterday with Caesars Southern Indiana…

Microbetting-focused sports betting company Betr announced Thursday that Caesars Southern Indiana will be the new regional partner of the brand. Subject to regulatory approval, the partnership between Betr, Caesars Southern Indiana and the Eastern Band of Cherokee Indians' gaming entity, EBCI Holdings, is aimed at granting Betr market access and…

Betr announced Thursday it has reached an agreement with the Eastern Band of Cherokee Indians to enter the sports wagering space in Indiana via Caesars Southern Indiana in Elizabeth. The deal, which is primarily equity-based, according to the press release from Betr, will make EBCI Holdings one of the largest stakeholders in the microbetting…

Imagine you're watching your favorite NFL team play their biggest rival - maybe you're a Cleveland Browns fan and they're playing the Pittsburgh Steelers; there's a minute left, your Brownies have the ball, and they need a field goal to win, and you know in your heart they'll kick it. Now picture taking out your mobile device and tapping on an icon…

Sports betting is new to Kansas. Therefore, Brett Frye, a 23-year-old native of the Sunflower State, is new to sports betting. A furniture and appliance salesman in the small town of Emporia, Frye was eager to try his hand at the newly legal form of wagering, but didn't want to risk much of his hard-earned money. After signing up for…

Mike Crawford's vision for the Hall of Fame Village surrounding the pro football shrine in Canton, Ohio entails more than gold jackets and busts of NFL legends. There's the "destination-based assets" of the Pro Football Hall of Fame and Tom Benson Hall of Fame Stadium, where the ceremonial first NFL preseason game is played, and the expanding…

Jake Paul's new sports betting venture, which launched earlier this month after announcing it raised $50 million in funding, is an attempt to create a "TikTokification" of gambling - an app where people can place so-called "microbets" as quickly as they would scroll through videos. Paul's mobile betting company, Betr, went live on September 2, and…

Jake Paul is planning on changing the sports betting world with his new app and media company. Jake Paul seems to have his hands in many different business ventures and now he is adding a new one to the mix. Paul, the YouTube star, turned boxer is now looking to take over the sports betting world. He announced this week that alongside his partner…

Jake Paul is making his gilded entrance into the Sports Betting Hall of Fame with a new "micro-betting" company coined Betr. With operations based out of Miami, one of the nation's most populated gambling hotspots, the project is expected to be a remarkable success. Paul excitedly introduced the app earlier this week. He opens by…

Social media star and pro boxer Jake Paul is betting on himself once again. Known for making big bets on his own boxing matches, Paul is getting in on the action by partnering with entrepreneur Joey Levy on a new sports betting venture. Together, Paul and Levy are launching Betr, one of the newest and most innovative sports betting apps. A micro…

Jake Paul, the Cleveland-born social media star turned professional boxer, is betting that millennial men like him are ready to plunge into legal online sports gaming. But not with traditional bets - like whether the Browns are going to beat the Steelers, or by how much. Paul this year co-founded an online betting app that lets users bet in real…