Tag: simplebet
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DraftKings Tops in NFL ‘Uptime’ Betting Analysis, FanDuel Second — Then There’s the Rest
In a newly released analysis of four leading U.S. sportsbooks, the sports odds intelligence firm Bettormetrics found that DraftKings‘ mobile sports betting markets were suspended for the least amount of time during the 2023-2024 NFL season, while bet365‘s were suspended for the longest duration. Bettormetrics defines the inverse of periods where betting is suspended while…
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Stanford Grads Tout A.I.-Driven App To Spot Betting Inefficiencies As Field Vision Debuts For NFL Season
On the Tuesday before the 2024 NFL regular season was to kick off, Field Vision launched an A.I.-driven mobile app that its founders believe can equip bettors with the tools necessary to spot critical pricing inefficiencies on the market. Conceived by a pair of Stanford graduates, Field Vision’s proprietary model contains predictive analytics that identify…
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DraftKings Acquires Microbetting Provider Simplebet
On Wednesday, DraftKings announced that it had acquired the leading microbetting provider Simplebet. While the purchase price wasn’t disclosed in a DraftKings press release, JMP Securities reported that DraftKings, which already owned 15% of Simplebet, paid $195 million for the remaining 85% of the company, with a $70 million upfront payment. “Live betting represents an…