BetVision App: Revolutionizing Live, In-Game Sports Betting

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00:00 (upbeat music)

00:03 - Okay, well, we go from one thing that didn't happen

00:06 to one thing that will.

00:07 And I feel like this is revolutionary in a way.

00:09 I have so many questions about this.

00:11 Genius Sports, they announced that they have something

00:14 called BetVision coming, which very specifically,

00:17 let's just narrow it down.

00:18 If you have the Fanatic Sports book, and you open it up,

00:22 you create an account, and you bet,

00:24 you're gonna be able to watch professional football games

00:28 on the app, and they're also saying within the technology

00:32 that this is gonna be the best technology,

00:34 meaning there's gonna be no lag,

00:35 you can do all the live betting you want.

00:37 Do you think that this is accurate?

00:39 Do you find everything that's being reported here

00:42 to be what we will see in the future?

00:44 - Here's what I can say about that, Craig,

00:46 and I think you using the word revolutionary

00:49 is completely correct.

00:50 This is a huge shift for US sports betting,

00:52 and we have all been waiting for this product.

00:57 The only thing that has kept this product

01:00 from being in sports books before

01:02 has been the latency issue, right?

01:04 Has been how long it takes, how long that delay is

01:07 between what you're seeing on your phone

01:09 and what actually happened on the field.

01:12 If Genius is launching this now, and they say they're ready,

01:15 I have to assume they're ready.

01:17 Genius is the exclusive distributor of NFL data

01:22 when it comes to betting.

01:23 We know they've been working very hard on this,

01:25 and bet vision sounds awesome.

01:28 I mean, it sounds like there's gonna be

01:30 all kinds of overlays and stats,

01:32 and you can make your best slip right in the game.

01:36 It sounds great.

01:39 Streaming games in a sports book app is nothing new.

01:43 The UK has been doing it with soccer for ages.

01:47 And really what we had to fix in the US here,

01:50 especially with NFL, was that latency issue.

01:53 And if Genius thinks that now they have it down

01:56 to where betting is gonna be able to happen,

01:58 you actually be able to get those bets in

02:01 before the markets close,

02:02 I think that is really gonna be a game changer.

02:05 And it's big for these three books that are listed.

02:08 Bet Rivers has not launched it yet,

02:10 has not said when they're going to launch it yet.

02:12 Caesars and Fanatics have it.

02:13 We reported last week on Fanatics launching it,

02:16 and this was before Genius was really comfortable

02:18 with saying what was going to happen.

02:20 And now we know.

02:22 And you know what?

02:23 The other thing about this, Craig,

02:24 it's great for cord cutters too, right?

02:26 I mean, if there's a game you wanna watch

02:28 and you happen to be in this jurisdiction,

02:30 go ahead, spend 10 cents, watch a game.

02:32 So this is bringing a lot of different things

02:38 to sports betting now.

02:39 In-game betting is obviously one of the huge areas

02:44 of sports betting that can be profitable

02:46 for the books along with parlays.

02:49 And so obviously it makes sense to push that,

02:52 but this is huge for when it comes to

02:55 not just getting new customers, but retaining customers.

02:58 One of the things I noticed was that

03:01 during breaks in action, there's gonna be offers

03:03 that pop up on the screen from the sports book

03:05 to keep you engaged.

03:08 So I think this is really gonna be monumental

03:11 for the industry.

03:13 And in two to three years,

03:17 it could be something like this that really defines

03:20 who is leading sports betting

03:21 and who people want to go bet with.

03:23 Who's gonna have the best product

03:25 for a one screen experience.

03:27 We're so used to two screen experiences now

03:30 and genius is saying, no way, man,

03:32 grab your iPad, watch the game, bet, do it all right here.

03:35 And I think that's pretty big

03:37 for US sports betting in general.

03:39 (upbeat music)

03:42 (upbeat music)

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