Stakemate is a mobile sports betting app that integrates social betting features, allowing users to create group chats and share bets with friends while accessing traditional sportsbook options. The platform enhances user engagement by enabling combined bet builders and accumulator bets, addressing the need for a more interactive and community-driven betting experience.
Funding
Funding not disclosed
Founders
Product
Problem
Traditional sports betting often lacks a social component, requiring users to navigate the experience in isolation. Sharing bets and discussing games typically involves external messaging apps, leading to a fragmented and less engaging experience.
Solution
Stakemate is a mobile sports betting application that integrates social features directly into the betting experience. The platform allows users to create groups, share bets, and chat with friends within the app, fostering a community-driven environment. Users can combine bet builders and accumulator bets, enhancing potential winnings and creating a more interactive experience. Stakemate also provides real-time match updates, stats, and lineups, ensuring users have all the necessary information at their fingertips.
Target Audience
Stakemate primarily targets sports enthusiasts in the UK who enjoy betting on football and other sports and are looking for a more social and interactive betting experience.
Features
- Group Bet: Team up with friends to bet together, chat about selections, and follow live odds.
- Acca + Bet Builder: Combine selections from different matches into the same bet.
- Copy Bet: Share and copy bets with friends within a group.
- Early Payout: Bets are settled early when the selected team leads by 2 goals (available on select matches).
- In-play Betting: Place bets on various markets within football games.
- Cash Out: Allows users to cash out bets pre-match or in-play (where available).
- Real-time Match Updates: Access lineups, head-to-head results, and live tables.
- Player Markets: Bet on player shots, fouls, goals, assists, and cards (available pre-match on select matches).