Simplebet is looking to allay those concerns. The privately held company raised $15 million earlier this year, bringing its total capital raised to $50 million.<\/strong><\/p>\n\u201cThe recent funding is being used to enhance the company\u2019s existing NFL, MLB, and NBA products by adding dozens of derivative micro-markets, launching new sports, introducing new subcategories of micro-markets, such as Scripts, expanding engineering resources to enable more efficient customer integrations, and exploring other strategic opportunities,\u201d according to Simplebet.<\/p>\n","protected":false},"excerpt":{"rendered":"
Today, DraftKings and Simplebet announced a multi-year agreement to bring real-money micro-betting to the DraftKings sportsbook. Micro-betting is an emerging derivative of in-game or live betting \u2013 areas operators are pushing into in an effort to boost handle and drive fan engagement. Whereas a traditional in-game bet might revolve around scenarios such as a baseball […]<\/p>\n","protected":false},"author":46,"featured_media":183745,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1074,16693],"tags":[],"acf":[],"yoast_head":"\n
DraftKings, Simplebet Strike Micro-Betting Accord<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n