- Online sports betting platform Simplebet has announced the launch of a new “Micro-Market” dynamic live betting system in Washington D.C.
- Bettors in D.C. will be able to live wager on nearly every aspect of NFL, NBA, and MLB games, which will be available via a partnership with INTRALOT Inc.
WASHINGTON D.C. – Live sports betting in Washington D.C. is set to enter a new age following the announcement from Simplebet of their “Micro-Market” platform.
Simplebet is a digital sports betting platform that has created a dynamic, rapid form of live betting called a “Micro-Market.”
Simplebet is a sports betting supplier that takes in-game betting to a whole other level. The formula of the platform works via an algorithm that will allow players to wager on the very next event in any live game.
The system will likely focus on real-time prop bets, with wagers like “What will Kawhi Leonard’s next shot be? A layup, two-point shot, or three-point shot?”
Simplebet will offer wagers on the MLB, NFL, and the NBA, and has previously partnered with FanDuel.
Simplebet claims that bettors will be able to wager on markets that are created instantly in response to what is occurring in the game. Lines and markets are automatically generated, with price adjustments happening instantly due to the advanced algorithm in place.
Following a partnership with INTRALOT Inc., the Simplebet system will be available legally for Washington D.C sports bettors at some point in 2021.
“We’re excited to launch our real money betting product in Washington DC and showcase the power of what we do at Simplebet alongside our great partner, INTRALOT,” said Chris Bevilacqua, the Co-Founder, and CEO of Simplebet.
“DC legalized sports betting nearly two years ago and has become an energetic melting pot for sports fans and casual sports betters so we are looking forward to rolling out our Micro-Market solution which we know will deliver an unmatched product and experience.”
With the continuing expansion of legal sports betting, Simplebet will have plenty of customers waiting to engage in their system.
“As the competition in the sports betting landscape across the United States continues to evolve, we believe that Micro-Market betting is one of the best ways to increase and build fan engagement,” said Byron Boothe, CEO of INTRALOT Inc.
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Jimmy began his journalistic journey as a stat recorder and PA announcer for his middle school baseball team. Full of experience across print, broadcast, and sports radio, he brings his knowledge and toolkit to the LegalSportsBetting team. You can find him watching sports, making parlays, and listening to music on any day ending in Y.