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The company’s website breaks it down nicely…“In the same way daily fantasy sports introduced instant gratification to season-long fantasy sports, Micro-Markets are introducing instant gratification to sports betting.”Simplebet’s mission, at a time when the sports betting market is on fire, “is to power the future of fan engagement.“Simplebet is creating the opportunity to accelerate the adoption of sports betting to a broader audience and enhance the way fans consume sports....

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S. The executive purportedly declared that ‘it’s been quite a long road’ to getting the proposed transaction over the line but that its completion would also allow his company to assume responsibility for a betting platform and risk management consultin market for sports betting....

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market for sports betting.”According to Simplebet, it is the first company to “crack the code” of using automation and machine learning to enable in-game betting on micro markets.Market opportunity:Commenting on the opportunity, Chief Executive Officer for Simplebet, Chris Bevilacqua, said…“Back in 2018, I saw a unique market opportunity approaching with valuable sports media rights colliding with the sports betting industry—especially after PASPA repeal here in U....

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Micro-market betting will convert casual sports fans to sports bettors while capturing more revenue from existing users. The executive purportedly declared that ‘it’s been quite a long road’ to getting the proposed transaction over the line but that its completion would also allow his company to assume responsibility for a betting platform and risk management consultin market for sports betting....