The new deal will allow Sparket users to trade their bets using the WagerWire platform or directly within the Sparket app. The two startups’ fully integrated offering promises users a new dimension of engaging opportunities and ways to make a profit. Both companies have committed to this long-term partnership, seeking to revolutionize the sports betting scene.
Both Companies Made Waves in 2022
Individual offerings from Sparket and WagerWire have been noticed. Both companies are attracting much attention for their unique take on the standard sports betting experience. Sparker’s B2B live event wagering platform boasts peer-to-peer transactions and social media integration, allowing customers to gamble on nearly anything. In addition, the corporation is awaiting a new prediction and confirmation software patent.
WagerWire has similarly stated its desire to usher in a new era in the sports betting market, but with an entirely different strategy. Its technology tracks sports bets in real time, revealing bettors the exact value of their wagers. Users can then purchase and sell active sports bets, launching a new and exciting secondary trading feature.
Their Combined Offering Empowers Users
While both WagerWire and Sparket’s inventions are outstanding on their own, they can provide a groundbreaking experience when coupled. Sparker’s app will have secondary market trading features due to the integrated offering. Bettors will also be able to exchange Sparket bets on the WagerWire platform, which is set to arrive in the first quarter of 2023. WagerWire CEO and co-founder Zach Doctor were enthusiastic about the purchase, commenting on the increased potential.
This collaboration will usher in an entirely new era of betting.
Zach Doctor, WagerWire’s CEO and co-founder
According to Doctor, the two businesses’ complementary ambitions will enable them to add new dimensions to the sports betting experience by combining Sparket’s capacity to enter new markets with WagerWire’s innovative solutions. Spark CEO Aaron Basch agreed with his colleague, noting that the collaboration would provide bettors with powerful new options.
The ability to switch bets in and out gives our users more control and choice over their wagers.
With full integration, each Sparket bet would become its marketable asset. Basch stated that partners were looking forward to the improved experience, expecting increased freedom over their wagers to attract more users. Sparked and WagerWire have also agreed to collaborate socially, actively integrating their communities and raising awareness of their innovative combination product.