Andrew Harrer | Bloomberg | Getty Images
In its first significant product agreement, sports tech company Simplebet will join forces with FanDuel Group to launch a free-to-play game to offer mock in-play bets for the 2020 National Football League season.
Simplebet allows users to wager on quick odds like which player will make the next catch or will the next call be a passing or running play. As part of a one-year agreement, FanDuel will use the free game in its sportsbook and mobile app to convert casual fans into consumer willing to bet real money.
Though the initial agreement is for the free game, Simplebet wants to reach a long-term deal with FanDuel to install its tech to offer real bets. Simplebet is finalizing other commercial agreements for its micromarket technology.
Simplebet co-founder and CEO Chris Bevilacqua described the agreement with FanDuel as a distribution and marketing