Micro-Betting A Low-Cost Entry Point For Budget Bettors

Brett Frye, 23, is a new gambler in Kansas. He likes micro-betting, a type of wagering tied to the result of a certain play or series of plays. Liam Dauphinee likes to bet between $1 and $5 on the occasional Major League Baseball at-bat or NFL drive. He and his fraternity brother at the University of Oregon have taken a shine to micro betting through DraftKings. It's a way to stay engaged with the game. They don't have a big bankrolls. The fraternity member coaches youth football. His brother doesn't really have time to watch a four-hour pro game, so he watches a couple drives.

Micro-betting is a new form of in-play betting. It allows gamblers to bet on shifting lines, totals, and player props during the course of a sporting event. U.S. sports are well-suited to micro-bettors. PointsBet just launched its Lightning Bets feature for NFL games. Mark Hughes believes micro betting could become a significant part of betting in the U.,S., but points out that not all customers are created equal. He also points to the fact that micro bettors are different.   “Micro betting is within live betting, but not as fast as same-game parlay.”

Joey Levy and Jake Paul split up Simplebet and started Betr. SimpleBet is a current client of BetR. Levy wants to introduce deposit limits and ban credit-card deposits. PointsBet's Hughes wants live betting. i.e. betting on sports. iReport.com will let you know if they make any further announcements. They will be available in the coming days. It will also be announced in a blog post. The post will include more information about the relationship between Simple Bet and Bet r.

Simplebet offers Lightning Bets for NFL wagers. The median bet size on Simplebet's platform is about $5. Most of SimpleBet's NFL action comes during "island games" and some punters are finding ways to beat Simple Bet's markets. Lagging latency is a problem live markets continue to grapple with. Eventually, low-latency streaming and video will be available for fans to watch the game. Some companies claim to have it, but it's not available at scale yet. It's coming. There are also other aspects that might delay it. For example, rights from the leagues.