WagerWire Launches First Ever DFS Marketplace with RealTime Fantasy Sports WagerWire shows why it’s the hottest innovation in the fantasy sports and gaming industry by powering new marketplace for RealTime Fantasy Sports’ Pickem entries
LOS ANGELES
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February 08, 2024 09:01 AM Eastern Standard Time
WagerWire, a marketplace technology and media company servicing sportsbooks and fantasy operators, has made history by launching the first DFS Pickem trading marketplace with fantasy sports operator RealTime Fantasy Sports. The launch makes RealTime Sports the first fantasy platform to offer their players the ability to sell and buy Pickem entries while in progress, including during the actual game, and is available to play in 27 states and the District of Columbia.
WagerWire is making waves with this expansion, as its product will now be offered to fantasy operators in addition to its online sports betting clientele. The company was recently recognized for its achievements with a nomination for Best Innovation by the Fantasy Sports and Gaming Association (FSGA). Until now, there have been no options offered to fantasy sports players after placing a pick. The WageWire marketplace creates a way for users to take control of their action to lock in a profit, hedge, or jump in and out of plays while the games are in progress.
“The success of our launch with RealTime Fantasy Sports is proof that fantasy players and sports bettors are both searching for this functionality in their gaming experience,” said Zach Doctor, WagerWire CEO. “This implementation is particularly exciting for RT’s users, because it provides a live gaming solution to buy and sell action on the marketplace after pre-match entries and contests close once games begin. This is only the beginning of making every gaming asset tradeable.”
“Our players are already obsessed with WagerWire, and so are we. It’s taken our Pickem product to a whole new level,” said Tim Jensen, COO of RealTime Fantasy Sports.
Braiden Payne, one of many RT Sports users who have taken to the marketplace during the NFL playoffs agrees: “I am really enjoying the improvements to the RealTime Fantasy Sports experience. If my slips lose right out of the gate, I still have a chance to buy back in.”
RealTime Fantasy Sports saw extremely high adoption and engagement in its secondary marketplace powered by WagerWire during the first weekend it was live. Players that use the marketplace are placing more overall action on Pickems, spend increased time on-site to browse for deals and manage listings, and show a higher likelihood of sticking around to play other games and contests.
“The WagerWire engineering team is world-class and it was such an easy lift to work with them. We went from signing the Letter of Intent on December 17 to being live for the start of the NFL Playoffs just a few weeks later.” added Tim Jensen, COO of RealTime Fantasy Sports.
WagerWire is coming off a rapid release of innovative products, including free-to-play bet trading with Stations’ Casino STN Play App (Red Rock Resorts: $RRR) in Q4 of 2023, in addition to releasing its Bet Value Graph generator to the public in January 2024, which follows on the heels of its heavily visited Bet Value Calculator.
The company previously announced a media and technology partnership with Jake Paul and Joey Levy’s challenger platform Betr, and has plans to integrate with both Betr Picks and the highly anticipated Betr OSB in 2024. WagerWire and RealTime Fantasy Sports will also collaborate on original daily content and media around Pickem markets including contests, watch parties, and live entry auctions.
About WagerWire
WagerWire empowers bettors to take control of their action and treat their bets and fantasy entries as assets that can be bought and sold at any time. WagerWire’s proprietary GLI-33 certified marketplace technology can be directly embedded into sportsbook apps, and also powers the WagerWire app that serves as an aggregated marketplace of bets across partner sportsbooks. WagerWire also has a Media Network that generates engaging daily sports and betting content “By Fans, For Fans.” You can download WagerWire in the Apple App Store and Google Play, and find them @WagerWire on Twitter and LinkedIn, or @WagerWireLive on TikTok and Instagram. WagerWire is dedicated to providing users with a responsible gaming environment. If you think you or someone you know may have a gambling problem, resources are available. Call 1-800-GAMBLER.
About Real Time Sports
RealTime Fantasy Sports is a leader in the fantasy sports league management and cash games industry, providing some of the top DFS and DFS Pickem contests in the industry. As the home of The Fantasy Championship, RealTime Fantasy Sports has the most innovative fantasy games for many sports, including football, baseball and basketball. RealTime Fantasy Sports is your one-stop shop for all your fantasy needs. Serving fantasy players online since 1996.
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