What Experts Think of Jake Paul's New Gambling Venture Betr

Summarized by: Live Sports Direct
 
What Experts Think of Jake Paul's New Gambling Venture Betr

Jake Paul's new mobile betting app Betr went live on September 2. It raised $50 million in funding. Some experts are concerned about the rise of microbetting and gambling apps like BetR. They think Paul has a young fanbase and his fans are not aware of the addictive aspects of gambling. Megan Kennedy Grundén, influencer marketing consultant at Ariel, thinks it will create issues down the line if Betrs becomes a success.

Jake Paul has launched a new microbetting app Betr. It's free to play and available in states where gambling is legal. It is aimed at younger audiences. The app is designed to be addictive and give a quick high. According to the company, it takes its responsibility to prevent underage gambling seriously. it also conducts thorough identity checks to ensure that users are 21 or older.

Jake Paul has a young and traditionally young fan base. Grundén has concerns about Paul's marketing of Betr to this audience. Paul is known for his successful boxing career and for various failed business ventures. He has been accused of sexual abuse and sexual assault. He's also been involved in other problematic activities. His fans are mostly children and teens. The products he sells to them are often less expensive than the ones he offers to his audience, and they are marketed to a younger audience as a way to gamble. They are also often marketed as an alternative to gambling.


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