WagerWire to Integrate with Betting Platform Sparket

wagerwire-to-integrate-with-betting-platform-sparket

 

WagerWire, a one-of-a-kind marketplace that allows bettors to sell and buy active sports bets on its mobile app as well as within its partner sportsbook applications, announced it has formed a strategic technology partnership with Sparket: Social Betwork, a B2B live event wagering software that lets users bet on traditional sports, esports, live events, and beyond.

As part of the partnership, WagerWire’s technology – which allows for the buying and selling of previously placed bets – will be integrated into Sparket’s “bet-on-anything” platform. This will enable secondary market trading for Sparket bets to be traded on WagerWire’s free mobile app that is launching early this year, and within Sparket’s platform. This new functionality allows players to leverage line movements and momentum swings, unlocking new ways to capture profit or reduce losses.

The two rapidly rising startups will also join forces in a social capacity. WagerWire has invited Sparket into its rapidly growing community of engaged sports fans and bettors, where they will utilize Sparket’s betting markets to create custom and entertaining opportunities for its community.

“WagerWire and Sparket are aligned on our journeys to bring new dimensions to the sports betting experience. Sparket’s system allows for betting on new and interesting markets. Adding WagerWire means that each bet originated by Sparket will become a tradable asset. This partnership is going to pave the way to an entirely new era of betting,” Zach Doctor, co-founder and CEO of WagerWire, said.

“Combining forces with WagerWire creates powerful possibilities for our users. The ability to flip in and out of bets gives our users more power and freedom over their wagers. For the first time in history, pari-mutuel markets will now become tradable after the event begins and the windows are closed. This enhanced user experience takes Sparket to the next level and is already being eagerly anticipated by our partners,” Aaron Basch, CEO of Sparket, said.

Zoltán is a self-taught publisher and events organizer who has developed several brands and services that have increased the notoriety of his company within multi-billion dollar industries. In 2018, he has become a TEDx speaker and talked about reputation management in the digital era. As Co-Founder of HIPTHER Agency, Zoltan has helped develop highly respected online news portals, virtual and in-person conferences that cater to multiple industries on 5 continents. Among the developed brands and services you can find online news portals that cover several tech industries, gaming, blockchain, fintech, artificial intelligence, and more. In parallel, the company has built a portfolio of annually organized boutique-style conferences in Europe and North America. All the events organized by his company focus on bringing a wealth of information about the latest innovation in several industries such as Entertainment, Technology, Gaming and Gambling, Blockchain, Artificial Intelligence, Fintech, Quantum Technology, Legal Cannabis, Health and Lifestyle, VR/AR, eSports and many more. Zoltan enjoys writing articles on all portals owned by the HIPTHER Agency, talking at conferences, hosting the weekly HIPTHER Talks Podcast, and loves spending time with his family. Zoltan is a duathlete who enjoys training for different international competitions which include running and cycling.