3 ms·
Any competitors that would be interested in buying you out? Are you able to say what you offer. Is it historic data? Live feeds? Arbs? Value bets? Advice/tacti
by quickthrower2 5y ago
Any competitors that would be interested in buying you out?
Are you able to say what you offer. Is it historic data? Live feeds? Arbs? Value bets? Advice/tactics? News?
Depending on that you could go look for the right kind of buyers who might want the business revenue or the data or the expertise of your staff.
Let’s say for argument sake you have predictive models for football. There are companies that might buy you out for that even if they don’t want your customers, because of the money that can be made betting on it or taking bets.
- throwawaysbs 5y agoConcretely, we're able to offer a well-ranked website, and a community (forum & co.) of a few thousand active users. The betting aspect is the affiliate commissions we have with 50 different bookmakers, which is the main source of our income, and traffic is mainly driven by tips, racecards and other content on our website. Technically speaking, the system that powers it all is pretty flexible, constantly importing and aggregating data from multiple feeds, and if I had more time, could easily be expanded to build predictive models on top of it, but I don't know how marketable a potential feature is. I know that it's a pretty competitive sector, so it's very possible there's someone interested in our market position, or just interested in entering the field by buying out an established player.
- quickthrower2 5y agoI imagine your ideal buyer is another (probably bigger) forum/community that also uses affiliates so "gets it", but not a single bookmaker because probably you make the most money by being impartial and affiliating with every bookmaker. Also you might want to talk to https://www.fubra.com https://www.fubra.com, who I have seen buy out a UK-based forum before. Maybe directly or via a broker (a sister comment has mentioned a few)