YouBet!

YouBet! is an app that allows users to bet on anything, anywhere, at any time.

Example 1 - Daily Bets

Daily bets will be available for all users at different betting tiers based on a user's wager comfort level. YouBet! earns a percentage of total bets, which serves as revenue for the company.

Daily Bet Example Scenario - US Presidential Election

250,000 YouBet! users bet $100 each on the presidential election. The total dollar amount bet is $25,000,000, of which YouBet! receives 10%, or $2,500,000. The remaining balance of the total, $22,500,000, will be dispersed among the winners of the YouBet! For example, if 150,000 users bet on democrat, and 100,000 bet on republican, and democrat wins, each YouBet! user that bet democrat in the US Presidential Election Daily Bet wins $150. If republican wins, those betters receive $225. Those who do not win, receive no compensation and lose their bet. 

Example 2 - Small-Group Bets

Small-Group Bets - TV Among Friends: Who Will Get Kicked Off The Island First?

A small group of friends enjoys watching a reality TV show, and text back and forth about the show when it's on. In YouBet!, friends can create a bet on things like who will get kicked off the island first, and chat about it back and forth within the YouBet! app, joking with each other, having a good time, and winning a couple of dollars in the process! In this example, YouBet! earns the same percentage, 10%, as received on the daily bets. Those who do not win, receive no compensation and lose their bet. 

Long-term, user bets may be used for predictive analytics, which could serve as another source of revenue in the future.

The customer base is anyone who enjoys small or large wagers among friends or strangers. The app may also potentially fill a void of time spent away from casinos, sportsbooks, and other betting avenues. I am ready to partner with colleagues who work in the gaming industry to build this app quickly. I believe the earning potential is almost limitless. I simply need funding to get started.

As for me, I have a Ph.D. in business with a focus on human capital management. I've spent a career helping to enhance the professional development and leadership capabilities of those who have or have not reached their fullest potential. I've worked in Fortune 500 companies for the majority of my career, and have always had an entrepreneurial spirit.