Draft Brackets LLC

Hi,

Thanks for taking the time to learn more about my business, Draft Brackets LLC.   Here is a quick snapshot of the “Why” and I attached my pitch deck. 

Since the federal ban on gambling was repealed in 2018 over $188 billion has been wagered legally.  Just in 2022, over $91 billion was wagered. With still another 15+ states to legalize.  The industry is young, ripe for innovation, and offers tremendous upside.   Think of the alcohol industry in the 1930’s.   **https://sportshandle.com/sports-betting-revenue/  

 The market opportunity?  

My belief is that the traditional sports betting product (moneyline bets, point spreads, futures, etc..) will not be enough to satisfy the gamified user experience desired of younger and future generations. Gamblers in their 20’s, 30’s, 40’s grew up in gamification, so they are already very familiar with mechanics of playing Daily Fantasy, March Madness, Super Bowl squares, Pick’ems, just to name a couple online contests.   So the addition of sports betting pools into any online legal sportsbook will be easily adopted by users, while attracting new users and creating a risk-free revenue stream for any licensed online sportsbook operator. 

 Why will operators say yes? 

Draft Brackets is a technology platform that enables licensed online sportsbook operators to create endless amounts of sports betting pools to paying customers.   Licensed online operators earn a VIG (commission) on each betting pool while assuming zero financial risk on the outcome of the sport games/events.  This white label technology can be baked into an operator's app/website ensuring seamless experience for end users.  Draft Brackets will provide game-play activation and management for operators.

 How will Draft Brackets make money? 

Draft Brackets will charge online sportsbook operators a management fee (to create/manage pools) and a technology licensing fee.  Draft Brackets will also split the VIG revenue earned by operators via the Draft Brackets platform. 

 What software IP has Draft Brackets built already?

Built proprietary minimum viable software suite which includes end-user site, business marketing site, site to activate/manage sports betting pools, system control panel, and business intelligence portal.