Photo - PostitPlayIt
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PostitPlayIt

USA, Texas
Market: Entertainment
Stage of the project: Prototype or product is ready

Date of last change: 16.06.2022
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Idea

PostItPlayIt - is a patented, peer-to-peer (P2P), skill based, social wagering platform. We facilitate wagering on any platform that has a score or leaderboard.

Current Status

Beta was live during the NFL season, we had 500 beta users, betting on NFL games.

Problem or Opportunity

There are are online sportsbooks (legal in 18 states) that allow a user to bet against a casino. There are no true social wagering platforms which facilitate a users to wager against friends, family or link minded individuals.

Solution (product or service)

PostItPlayIt - is a peer-to-peer (P2P), skill based, social wagering platform which facilitates wagering on any platform that has a "score" or "leaderboard". Our initial target markets are sports, connected fitness and user defined competitions.

Business model

We make a 3-5% service fee on each transaction. In 2021 over $53B was wagered on sports. In addition to sports individuals wagered over $1B on non sports challenges or bets. Our goal is become the social wagering platform for all peer-to-peer (P2P) wagers. From a group of friends betting on the gender of a baby, to what character will still be alive after season finally of Ozark on Netflix.
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