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Bettingmetrics raises £150k

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Bettingmetrics raises £150k
Martin Grozev co-founder of Bettingmetrics
Reading Time: 3 minutes

 

Bettingmetrics (Panorama Partners Ltd), a sports betting platform that combines betting activities in one place, would like to announce that they have successfully completed their investment round of 150k led by RLC Ventures. 

Bettingmetrics is a platform where betting activities are collated into a single place. It connects punters and bookmakers in an innovative, interactive way. The online platform allows punters to read news, compare odds, place bets, copy some of the best tipster, track and analyse their betting performance. After winning the London Accelerator programme, they launched their first prototype in February 2017. Since their last funding round, they have managed to gather a strong team of developers and marketers. 

Bettingmetrics was founded by Martin Grozev in the summer of 2016.

I am extremely happy with our progress so far and in particular with the success we achieved launching Bettingmetrics odds comparison and market place. The entire Bettingmetrics team has worked extremely hard in order to close the £150k. I am enjoying great business relationship with RLC ventures that helped us a lot to get to the point we are now. With the strong team built and the support of RLC ventures I am confident that bright future is expecting us.

While building Bettingmetrics we have focused on creating a product that solves real issues and adds value to the everyday life of the sports bettor. Bettingmetrics odds comparison is great example by resolving the issue of delayed odds thanks to the new technologies and our in-house developed self-learning algorithm. We have all experienced the issue when we go to a random odds comparison website and see some odds quoted, but when we go to the bookmaker the odds are totally different. Bettingmetrics is not only an exceptionally good odds comparison, it also helps punters to find and copy some of the best tipster while offering the punter 100% transparency and ability to analyse the tipster historical data. We see betting as an investment and this is why we are developing a product that covers all betting needs. Our customers enjoy the most advanced sports betting portfolio management software that offers an automated bet tracker advanced analytics and bankroll management tools.

Our future plans are to extend our partnerships with different bookmakers and allow users to place bets directly from our site which effectively eliminates the need to switch between tabs using a couple of different websites and wasting tone of time. We are already fully integrated with Betfair Exchange and Smarket so punters can bet via Bettingmetrics and automatically track and analyse their results over time. We are looking forward to developing more self-learning algorithms that will help punters make the most of their data.“

Funding:

RLC Ventures has invested into this round of funding for the company. The traction of the product initially captured RLC’s interest. According to Bettingmetrics, the second round will be used for scaling and product development. The team will further develop the odds comparison to deliver the best-in-industry experience. Furthermore, they will enhance their bet tracker so that users will be able to receive suggestions on how to improve their betting performance based on their own data. This is unprecedented. They will continue collecting users’ feedback to improve UX and UI. 

Reece Chowdhry, CEO and Founder of RLC Ventures, said, “Bettingmetrics has built a world-class analytics and odds-checking platform. The team have demonstrated brilliant traction by growing their user base by 60% per month and achieving solid growth in recurring revenue (31% the past month). We are excited to back their excellent team in this next stage of growth and product development.”

 

Bettingmetrics:

Bettingmetrics (www.bettingmetrics.com) is an online sports betting platform for bet tracking and analysis. Punters can record their bets, analyse their performance and upload their Betfair and exchange history directly to Bettingmetrics.

RLC Ventures:

RLC Ventures (rlc.ventures) is an award-winning venture capital firm that invests in seed and early-stage companies high-growth potential across 5 verticals: Proptech, Fintech, Enterprise, AI and Social Impact Tech with a venture pledge – a unique investment thesis.

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Stretch Network Crazy Promotion

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Stretch Network Crazy Promotion
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Stretch Network is thrilled to announce a crazy opportunity to engage and reactivate small- and medium-stakes poker players with the launch of our latest tournament.

Tournament Details:
Name: CRAZY?! [Overlay Edition]
Guaranteed Prize Pool: €11,111
Buy-in: €1
Re-entry: €1
Start Time: 17:00 (UTC+0)
Date: November 24, 2024
Table Format: 8-max
Max Players: 2000
Entry Phases: Starting from just €0.1

This event is guaranteed to have an overlay, providing exceptional value and sure to generate excitement within the community.

Collaborate to make CRAZY?! [Overlay Edition] an unforgettable experience for your players.

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Latest News

Polina Georgieva named Chief Marketing Officer of CT Interactive

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Polina Georgieva named Chief Marketing Officer of CT Interactive
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With an extensive career spanning over diverse business sectors, Polina brings a wealth of expertise to the team of CT Interactive as our new Chief Marketing Officer. Known for driving high-impact marketing strategies, Polina has a proven track record of delivering significant business growth through integrated campaigns, brand management and business development.

Throughout her professional journey, Polina has demonstrated expertise by driving business strategy, leading sales initiatives, and managing marketing campaigns. Her expertise encompasses business development, strategic marketing, and partnership cultivation, all closely aligned with the company’s values and objectives.

In her extensive career, Polina has demonstrated proficiency by launching and enhancing successful product lines, spearheading multi-channel marketing efforts, and developing targeted marketing strategies across various industries. Her deep understanding of consumer behavior and market trends has consistently translated into competitive advantages and elevated brand equity. Polina’s ability to respond to emerging trends, manage diverse partnerships, and execute high-impact campaigns has resulted in impressive marketing outcomes that align with and support overall business goals. Her dedication and results-oriented approach make her a key driver of growth and success.

Polina holds a degree in International Relations from the University of National and World Economy and has advanced training in Business Management from TÜV AUSTRIA Academy. She is part of the Marketing jury at the most prestigious competition for web in Bulgaria Site of the year. The combination of knowledge and practical experience makes her a valuable addition to our team.

At CT Interactive, Polina is poised to elevate the brand’s presence and drive sustainable growth by integrating her expertise in these dynamic industries, being proud to join one of the pioneers in the business.

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Balkans

EGT’s Supreme Green Selection made its successful debut in Bulgaria

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EGT's Supreme Green Selection made its successful debut in Bulgaria
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Supreme Green Selection, the latest multigame in EGT’s portfolio, had its debut installation in Bulgaria. The gaming establishments of the leading operator Inbet throughout the country now offer the mix which is available in General Series’ slot cabinets.

Supreme Green Selection is a part of EGT’s latest multigame series Supreme Selection. This mix features 50 exciting titles, including popular games like Rise of Ra, Amazons’ Battle, and Burning Hot, along with new additions such as Rainbow Hot, Mighty Heracle, and Book of Artifacts. They all present players with various themes, eye-catching designs, and many attractive bonuses.

Biserka Draganova, Sales Manager for The Balkans and Egypt at EGT, commented: “I am very happy that we accomplished the first installation of Supreme Green Selection in the gaming halls of the local leader Inbet. The mix has a new interface, different from the other multigames in our portfolio, and allows players to select game according to the category they prefer. It also includes user-friendly updates, making it easier to scroll through and select your preferred games. When presented at this year’s ICE London, Supreme Green Selection immediately caught the attention of operators, players, and industry experts, and its first good results are already a fact. I am confident that the mix will become one of the favorite products of Inbet’s customers.”

Mihail Hadzhiev, Casino Manager at Inbet, also gave positive feedback on the performance of Supreme Green Selection. He stated: “The selection of titles in the multigame is excellent as they keep players engaged for a long time, and during their next visit, our clients are looking for these slots again.” Mr. Hadzhiev added: “We can’t wait to try the other multigame from the series Mega Supreme Fruits Selection, as well as the new Bell Link Boost jackpot.”

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