Joey Levy
@joeyslevy
Followers
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Following
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897
Founder & CEO @betr . Founder @Simplebet & @305Venture
Miami, FL
Joined May 2015
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ANILPIN WE ARE THE ONE
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#NFLRedZone
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*betr
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Miami / South FL only area in the world with: NFL, NBA, MLB, NHL, MLS, and F1.
@FrancisSuarez
@JoinThe305
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Thrilled to announce our partnership with Eastern Band of Cherokee Indians (EBCI) & Caesars Southern Indiana to bring
@betr
to Indiana, assuming we receive the honor & privilege of receiving regulatory approval from the Indiana Gaming Commission. 1/3
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Today is an exciting day - Massachusetts has officially launched online sports betting! It is an incredible honor and privilege to be 1 of only 10 operators to receive a license in the Commonwealth. We at
@betr
are excited to go-live in April. 1/4
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Thrilled to share that
@betr
has acquired the Chameleon platform from FansUnite and that we are also welcoming the engineering team that has been working on this platform for several years to the Betr family. 1/8
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Today I announced at G2E that
@betr
will be the first sports betting operator in the U.S. to ban credit card depositing to fund user accounts. I also announced that we will be the first operator to enforce deposit limits for users that are 21-25 years old. 1/3
@betr
will be the first sports betting operator to ban use of credit cards, CEO Joey Levy says.
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We at
@betr
are coming off our first NFL Week 1 as a real money gaming business. We have been around for considerably less time than the competition, but we are beginning to compete and are ready to begin accelerating our growth. (1/7)
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Thrilled to announce the
@betr
Series A2 round of financing yesterday, which we opportunistically raised after successfully laying the foundations for Betr Gaming and Betr Media while validating some of our core theses. 1/7
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Thrilled to share
@betr
has been approved for a temporary sports wagering license in Massachusetts. We do not take this honor and privilege lightly and thank the commissioners for their hard work and thoughtful diligence during this process. 1/2
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betr take the over 😈
Jake Paul is launching a new gambling and sports media business, and he tells TMZ Sports he's going to turn it into a billion-dollar business.
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Thrilled to share 305 Ventures, an early stage venture fund run by Miami founders investing in other Miami founders. We have already made 10 investments and are excited to continue investing in Miami.
@FrancisSuarez
@saif305
@JoinThe305
@zaidrmn
@kadvani
@MichaelMelikian
It’s the key question Miami-Dade residents are asking about Miami's tech movement: What does its arrival mean for the rest of us?
Two separate groups of tech founders hope their latest initiatives will help answer that question.
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We launched less than 72 hours ago
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Thrilled to share that
@betr
has officially received its first gaming license in the U.S. today! Pumped to launch our first real money betting product in Ohio this coming January.
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Sports betting should be about enhancing the way the mass market fan consumes & interacts with sports. The experience should be like going to the movies & paying $20 for 2 hours of entertainment. Watching a live game & spending $20 on Betr to make that game more entertaining. 2/3
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Just got off a call with
@FrancisSuarez
’s office. Pretty incredible how proactive and supportive he is with respect to bringing tech to Miami. Between the great quality of life and weather, relatively low cost of living, tax & regulatory benefits, and now...
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In a world where capital is increasingly becoming a commodity, it is important to us that our next capital partner accelerate the mainstream adoption of micro-betting. Pumped to be working closely with
@jakepaul
@geoffreywoo
@antifundvc
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We will win by becoming the primary app folks use to enhance the way they watch sports. As sports betting proliferates nationwide, we have a responsibility as leaders to get this right. 3/3
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Thrilled to officially announce
@betrcombat
and to welcome top UFC prospect
@NoBickal
and one of the best combat sports journalists,
@TheSchmo312
, to the
@betr
team! 1/3
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.
@Betr
is now the most followed sports gaming brand on TikTok - this is across all sports betting-focused media brands, all sports betting operators, and all fantasy sports operators. 1/2
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Betr Media is open for business! I am thrilled to welcome Daniel Maas to our executive team as Betr’s Head of Media Revenue, Partnerships, and Strategy to work with
@betrmikeylocks
on scaling
@betr
Media. This is a critical hire for our business that positions us to build Betr
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Incredible effort by the
@betr
team to launch our first real money betting product in Ohio yesterday on the state’s universal start date. We have big plans for the state, which we will be announcing soon.
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Excited to officially launch
@betr
in Massachusetts tomorrow! We will be just the 7th operator to enter the state, only trailing FanDuel, DraftKings, BetMGM, Caesars, WynnBet, and Barstool to market.
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Thrilled to share
@betr
has received the honor and privilege of a sports wagering license in Virginia. 1/5
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Industry “experts” discarded us for years, claiming micro-betting would be nothing but a niche product amounting to <1% of handle 🤷🏻♂️
Microbetting via Simlebet accounted for roughly 30% of DraftKings' NCAA football handle last season and 26% of $DKNG Super Bowl handle, according to a Morgan Stanley analyst note released Wednesday
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Pumped to announce the launch of the
@betr
app today!
Jake Paul-backed betting company Betr announces full launch in US
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We are thrilled to announce our strategic equity financing, new members of our senior leadership team, and the approval of our Indiana sports wagering license. 1/3
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5 years ago today was the day that I as a totally naive 22 year old along with Chris Bevilacqua and
@scottmarshall65
officially filed the paperwork to form SimpleBet, Inc. out of a project I was working on for a couple of years prior with the support of
@thielfellowship
. We
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Today is the first NFL Sunday on
@betr
! So much work to do to enhance the product experience, particularly around the single screen & pre-match experiences, but this does feel like a glimpse into the future of watching live sports. Check it out here:
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Pumped to share our partnership with
@HOFVillage
to launch
@betr
in Ohio!
Betr is what we continue to strive for in everything we do—a betr guest experience, betr original content, and a much
@betr
mobile gaming and media partner that allows us to be positioned well for the future.
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We at
@betr
are thrilled to announce our new market access partnerships for Sportsbook and the introduction of Betr Casino in 2024 ahead of our V1 Sportsbook launch. Through the success of Betr Picks, we have validated that our playbook of simpler and more intuitive user
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I am thrilled to welcome Andrew Winchell to the
@betr
senior leadership team as our Head of Government Affairs. Andrew joins us from FanDuel, where he served as their Director of Regulatory Affairs.
Andrew brings a breadth of experience working closely with state regulators and
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Pumped to announce Betr has partnered with The Cavinder Twins
@CavinderHaley
@CavinderHanna
, who have already accomplished so much and are just scratching the surface of their potential. 1/4
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Excited to share we at
@SimplebetHQ
have raised another round of funding! Thrilled to have some great new investors including Aristocrat, Jim Murren, Florida Funders + others with strong participation from our existing base.
Software company Simplebet raises $15 million for new sports-betting service
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Perhaps the most important news coming out of
@betr
today. I predict Scripts — which combines the instant gratification of a microbet with the long odds and high payouts of a parlay — may one day become the most popular way fans bet on sports in the U.S. Lots more to come here.
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Betr Media won the award for Best Sports Betting Content in the sports media industry at the Hashtag Sports Awards last night. Pretty awesome to win this especially given we only launched our media company 10 months ago. Pumped to continue going to war with the best team in the
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Excited for
@betr
to launch in Massachusetts soon!
The
@MassGamingComm
approves conditional Operation Certificate for
@betr
, allowing the mircro-betting service co-founded by
@JakePaul
to operate in the Bay State
@Betr
is the 7th online operator to be approved in Massachusetts
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I was granted the Thiel Fellowship in 2016 and then used that money to start what ultimately became Simplebet, which then led to
@betr
. It was awesome playing a small role in co-hosting the first Thiel Fellowship alumni reunion, and to be able to do it here in Miami. 1/2
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We are thrilled to continue expanding the Betr online sports betting business by launching in Virginia today, just in time for the NFL season. 1/3
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If
@betr
is going to be the category defining sports betting company in the U.S., which we have every intention of becoming, then it makes sense that we also ought to be the company to pioneer what responsible play looks like for the mass market consumer.
@ebergcapital
@iasportsteam
@WagerWire
@joeyslevy
@betr
Responsible betting bridges the gap between passionate fandom and entertainment. This is what ultimately expands the TAM and creates the best experience for fans at all levels of sophistication.
#sportsbetting
#responsiblebetting
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We’re live!
@SimplebetHQ
has launched our first real money micro-markets for MLB with
@Intralot
@GambetDC
today. If you’re in DC, you’ll now be able to bet on every at-bat of every MLB game.
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Today, we began emailing former No House Advantage (NHA) users informing them that their account balances will be available at
@betr
. 1/5
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... strong congregation of capital + talent and very supportive and visionary local leadership— Miami is feeling like a no brainer. As a native South Floridian, feeling grateful for the mayor’s leadership and so excited for what’s to come for Miami and South Florida.
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My perspective on the recently announced ESPN-Penn partnership and how we are approaching things differently at
@betr
.
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So excited to be working with
@FloridaFunders
! While
@FrancisSuarez
brought awareness to and helped accelerate the booming FL tech ecosystem, Florida Funders,
@SoftBank_Group
, and others (announcing something soon) will be here to fund the next wave of great FL tech companies.
We're thrilled to share that we were part of the latest round of funding for
@SimplebetHQ
- an amazing software company that turns every moment of every sporting event into a betting opportunity. With partnerships with
@FanDuel
, we see touchdowns, grand slams, and more.
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Excited to share
@SimplebetHQ
has partnered with
@DraftKings
@DKSportsbook
to introduce micro-betting nationwide. DraftKings launched our MLB products last weekend and will be launching our NFL, College Football, and NBA products over the coming weeks.
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Thrilled for
@betr
to announce our partnership with
@huddle_tech
, an innovative B2B sports gaming technology startup founded by Francesco Borgosano and Leo Gaspar. This partnership will bolster V1 of the Betr Sportsbook, which we remain on track to launch next year, by
Just want to expand more on today’s
@betr
<>
@huddle_tech
partnership announcement.
🚀 Reflecting on the summer of 2018, a game-changing moment coincided with the repeal of PASPA, and it led me to
@joeyslevy
His first question: "What do you think about Sportsbooks?"
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Was a pleasure introducing Mayor
@FrancisSuarez
at our
@JoinThe305
+
@EndeavorMIA
event last night. Miami is poised not only to become the next great U.S. tech hub, but a dynamic global powerhouse comparable to the likes of London, Singapore, Tokyo, Dubai, and Hong Kong.
Thank you for everyone that joined us yesterday on our conversation with our MD
@claudiaduran71
, mayor
@FrancisSuarez
and
@JoinThe305
! We are excited to continue working to foster the innovation and entrepreneurial ecosystem in Miami with our partners!
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After a successful soft launch beginning on the state’s universal start date,
@betr
has officially launched in Ohio just in time for the NFL Playoffs!
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Excited to announce today that
@betr
is expanding beyond microbetting with the launch of core markets — our versions of moneylines, point spreads, and over/unders — for College Basketball just in time for March Madness. And to celebrate this launch, we are
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Thrilled that the FTC has banned non-competes. We never asked an employee at
@betr
to sign a non-compete. They are unethical and exploitative. I want folks to work at Betr because they want to work at Betr, not because they feel trapped.
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This will become increasingly more common. Being in Miami the past few months has been a competitive advantage and this will only compound over time.
@FrancisSuarez
@JoinThe305
Had a founder from Silicon Valley dm me about coming to Miami to raise VC funds for his startup. NEVER did I think Miami would be a destination for folks to come to raise money in.
#miamitech
@MiamiTechPod
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Thanks for having us today
@FrancisSuarez
! So excited for the future of Miami and the tech ecosystem here.
#CafecitoTalk
of the day!
It was great to have
@paobelt
@joeyslevy
@zaidrmn
@SimpleBetHQ
join us to discuss Miami’s emerging tech community. Our mission is to create a
#MiamiforEveryone
and with young, brilliant minds like these we’ll get there.
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By far the best tequila I’ve ever had. Congrats
@JerLevine
. I’ll send a free bottle of
@LosDosTequila
to first 10 people who RT this!
I’m so proud to introduce
@losdostequila
, now shipping nationally. We set out to make a clean, amazing tasting tequila and I think we’ve done it. It’s the first tequila with “no additives” approved to be on the label and it’s the best tequila I’ve ever had
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This is the biggest app update we have released since launching Betr Picks. Now, you don’t have to predict all lineup selections correctly to win your Betr Picks lineup. Check it out:
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Microbetting on golf is going to be a lot of fun. Congrats to Simplebet on this partnership with LIV Golf.
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Enjoyed this interview discussing all things
@SimplebetHQ
and in-play betting, including our latest round of funding, future product innovation, broadcast latency, and where we see the company and industry going from here.
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Excited for this!
Excited to finally announce the official agenda for Friday's Capstone Event for
@TheRealTechWeek
7 amazing panels, MC'd by the tech OG MC
@arrington
+ a fireside chat with
@FrancisSuarez
And a huge thank you to our sponsors
@eightsleep
@coinbase
@Ripple
@momenthouse
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MLB is live! Very cool to see
@SimplebetHQ
technology enabling users to predict outcomes tied to every pitch & at bat of every
@MLB
game.
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This is why we co-led the pre-seed round for
@getswype
via
@305venture
. Their vision for crypto UX reminds me of the initial vision we had for the sports betting UX when we founded
@SimplebetHQ
. Mainstream consumers will never adopt crypto w/out a simple, intuitive core UX.
This is the mission behind
@getswype
Just imagine if using a credit card meant writing an ACH file with the right blocking factors and ODFI codes 🤓
Crypto is money, and money is for everyone, not only smart contract developers
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Thrilled to partner with
@FloridaFunders
2x now, first with
@SimplebetHQ
and now on
@JoinThe305
. Looking forward to continuing to invest in the emerging Miami tech ecosystem with them.
We're excited to announce that we recently partnered with
@JoinThe305
to help support the rapid growth of startups in
#Miami
. Are you joining the 305? Because if you're not...
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Really important message from one of our lead investors,
@infoarbitrage
, on the importance of Responsible Gaming to both our industry and to society.
@betr
continues to be the only operator that has proactively banned credit cards and enforced mandatory deposit limits for young
The Importance of Responsible Gaming to the industry — and to society
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Excited to do some content with my good friend & business partner
@geoffreywoo
.
@joeyslevy
, founder & CEO of
@Betr
, and I have a podcast.
The
@theallinpod
is one of the best tech/business/vc podcasts, and a personal favorite and inspiration for me. Those guys are super smart and super successful, but they’re also super old in their 50’s and 60’s. We’re in
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Learn more at
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6 years and counting 💪🏻
5 years ago today was the day that I as a totally naive 22 year old along with Chris Bevilacqua and
@scottmarshall65
officially filed the paperwork to form SimpleBet, Inc. out of a project I was working on for a couple of years prior with the support of
@thielfellowship
. We
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Enjoyed speaking at iGaming NEXT earlier this month. I discussed how we at
@betr
are deliberately not playing the market share game at this time, and are instead focused on accomplishing best-in-class unit economics in our category…
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So cool seeing
@JoinThe305
portfolio company Vaunt bringing
@FIBA
back to Miami.
@FrancisSuarez
@MoneyMase
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Excited to roll out
@FanDuel
PlayAction today powered by
@SimplebetHQ
. Predict every play & drive of every NFL game for cash prizes. Game currently available in all 50 states— try it this NFL Sunday!
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Will be discussing the new NCAA NIL rules with
@UKCoachCalipari
& fmr Pac-12 commish Larry Scott tomorrow at 7p EST on Clubhouse. What should we ask them?
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Huge launch today. Now win up to 1000x on
@betr
.
🚨BETR PICKS HAS 1000X PAYOUTS🚨
Not 400, Not 500x, 1000X 🤯
What are you waiting for?
Download Betr, Play
@BetrPicks
, and set your 1000x lineups today 🔥
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Not bad for a company that launched less than a year ago with vastly less resources than pretty much all industry incumbents.
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Great article by
@ndahlberg
on what we are building with 305 Ventures /
@JoinThe305
and our latest investment from
@FloridaFunders
. Pumped to continue playing a role in building out the Miami tech ecosystem!
@zaidrmn
@MichaelMelikian
@kadvani
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“While every major sports betting operator in the country focuses its resources on state expansion and M&A, Simplebet has capitalized on its first-mover advantage in product innovation.” —
@JoePompliano
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Very cool seeing
@305venture
portfolio company
@MiloCredit
in Bloomberg today! Love seeing this being built in Miami
@JRupena
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Excited to share this partnership between
@SimplebetHQ
and
@PointsBetUSA
, where we will be launching millions of new in-play betting opportunities for NFL, NBA, and MLB over the coming months.
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Major milestone for
@SimplebetHQ
. Pumped to see micro-betting for
@NFL
in action on
@DKSportsbook
tonight!
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A glimpse into the future of sports betting — powered by
@SimplebetHQ
DraftKings now taking bets on the speed of specific pitches in specific innings 😳
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I’m excited to publicly announce
@SimplebetHQ
, a company I began as a project 4 years ago with support from the
@thielfellowship
and re-formed with co-founders Chris Bevilacqua &
@scottmarshall65
in NYC in April 2018.
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This is a good write up of how Betr Media is enabling truly low-to-no-CAC for Betr Gaming, given our focus on directly monetizing Betr Media such that this division within our company should pay for itself over time.
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Yup.
@MLB
is the perfect sport for micro-betting
@OmarSolimanCEO
@joeyslevy
@Saxonbaum
This is pretty damn genius- esp. when it comes to baseball. You have 3 hours of an infinite number of bets just based on pitch count and cadence of the game.
Pretty disruptive tech for the traditional betting scene...
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Jake Paul on his upcoming fight against Mike Tyson, record-breaking viewership, and
@betr
two years in.
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Betr Combat is the first of several new verticals set to roll out under the Betr brand as part of our sports media verticalization strategy, which consists of a strategic launch cadence of targeted portfolio brands across various sports, products, and audience interests… 2/3
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Congrats to
@SimplebetHQ
on being named the Online Betting Product of the Year by the American Gambling Awards for 2022! This comes after Simplebet was named the Best Product Innovation in North America by EGR in 2021.
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Incredible. Congrats
@FrancisSuarez
. Leading the charge in getting so many great people to
@JoinThe305
Kudos to Mayor
@FrancisSuarez
for being named
#20
on the
@FortuneMagazine
list of the World’s 50 Greatest Leaders!!! 🚀
Grateful to help support Mayor Suarez as head of VentureMiami through our novel partnership between
@FIU
and
@CityofMiami
.
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Pumped to be a small part of this journey with Lula. They’re pursuing an incredibly ambitious vision to disrupt the insurance industry, right here in Miami. Congrats
@MichaelVegaSanz
@MattVanzz
!
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This is huge and I hope this passes. I consider non-competes unethical for the most part, which is why we have not and will not feature these clauses in our employment agreements at
@betr
.
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