Friday, October 5, 2018

11A Idea Napkin No. 1

I'm Jack Moletteire, I'm a sophomore at the University of Florida studying Business with a minor in Statistics, and additionally I'm a huge sports fan. That said, I've gathered a lot of knowledge and experience from both my time in school and in my time following sports, which has made up the better part of my life so far. In that time, I've learned a lot about how to communicate, manage my time, and build relationships, and I have a pretty good understanding of the wants and needs of the everyday sports fan since I've spent most of my life teetering between casual and hardcore fan.

My idea is for a sports betting site that also offers daily fantasy sports, as well as links to articles from other sites offering insight, analysis, and tips for upcoming events. Right now, sports gambling just became legal in most U.S. states which means the gambling world is playing a little bit of catch-up as far as convenience, accessibility, and integration. Despite the popularity of both betting and daily fantasy, there's currently no site offering both, and only a handful of sites offering either at all. Additionally, while everyday a plethora of articles are written on the best lines for the weekend, the best daily fantasy plays, etc. no betting or daily fantasy site provides their own analysis or any link to these sort of articles. Basically what I'm offering to potential customers is a one-stop-shop for sports gambling. It'd be a place where sports fans and gamblers from anywhere in the world could come to read up on the latest news before putting some money down.

What sets this apart is that it's something that isn't currently being offered anywhere else. All of these services are currently spread about the internet, with no site putting them all in one place. You can google articles on the best lines for this weekend, then go to Bovada and place your bets, then google this weeks best daily fantasy players, then go to DraftKings/Fanduel and set your lineup, or you can just go to my site and find everything you need all in one place. Not to mention the site would be run by a fan, me, who also enjoys betting and thus would constantly be looking for ways to make the service better.

However, I get that it can all sound really good and still not work out for whatever reason. I think the convenience is a strength but it might not be strong enough to pull customers from their current providers. The articles are also a good idea in my opinion, but if other sites aren't willing to let me provide links to their articles it'd have to be scratched.

2 comments:

  1. Hey Jack,

    I think your idea is very compelling because of the rise in popularity for sports gambling. I personally check and use my Fantasy Football app everyday which is why I think there is a need to have an app where you can do it all at once. I also think it's a good idea to provide analysis for the sports because it could differentiate your product even more.

    ReplyDelete
  2. Hey Jack,

    You have got yourself a quality idea here. Fantasy sports have been a popular activity for a while now so I get the feeling that you won't struggle finding and targeting a market. On top of this, the targeted market has a real chance of being interested in your service given that it is not provided anywhere else.

    ReplyDelete