Digital Sports Tech and Rebet Team Up to Transform the US Sweepstakes Market

Digital Sports Tech (DST) has officially entered the US sweepstakes betting scene by ing forces with Rebet, a new free-to-play sportsbook that has gained traction for offering unique betting experiences. With DST’s innovative Player Props and Bet Builder solutions integrated into Rebet’s platform, the partnership marks a pivotal moment in the US sweepstakes market, as it caters to players across 45 states.

Bringing Player Props and Bet Builder to Prop City

DST’s advanced Player Props and Bet Builder technologies have been instrumental in creating Rebet’s Prop City, a specialized section that provides a vast selection of player-focused and game-based betting options. Utilizing DST’s plug-and-play hosted solution, Prop City presents s with an array of sports betting choices that span popular American sports leagues and international soccer tournaments. DST’s platform is designed to handle real-time wagers and offer extensive prop bets and same-game parlays (SGPs), setting Rebet apart from other sweepstakes platforms by offering a seamless and feature-rich experience.

With DST’s Bet Builder, Rebet s gain access to customizable bets across multiple leagues, including college sports and major global soccer competitions, thanks to DST’s robust system that ensures accurate player stats and reliable odds. Rebet’s Prop City, therefore, allows sports fans to engage with betting markets usually seen in traditional sportsbooks but without real money wagers, giving them the thrill of betting through a free-to-play model.

An Innovative Approach to Free-to-Play Betting

The concept of sweepstakes betting has quickly gained popularity in the US, especially as many states remain hesitant to fully legalize online gambling. Sweepstakes models, like Rebet’s, enable players to place bets using in-game currencies or loyalty rewards rather than cash. This setup has become particularly appealing in states where regulated iGaming options are limited. According to industry sources, the sweepstakes model saw significant growth during the pandemic, drawing s eager for a risk-free betting environment.

Rebet’s founding team, four Dartmouth University students, envisioned this model to combine social gaming with sports predictions. Since its launch, Rebet has attracted a growing base in 45 states, becoming a prominent player in the free-to-play market. The platform rewards s with points and loyalty perks rather than traditional payouts, reinforcing its compliance with sweepstakes regulations while maintaining an immersive experience.

Regulatory Considerations and Industry Impact

While the sweepstakes market is flourishing, it is also attracting regulatory attention. The American Gaming Association (AGA) has Tribal gaming regulators, have highlighted potential legal gray areas, particularly in California. These conversations emphasize the need for states to address regulatory gaps to prevent misuse within the expanding sweepstakes market.

Amidst this regulatory landscape, DST and Rebet’s partnership is a timely one, strategically positioned to capitalize on the market’s growth. DST’s Executive Director, Ari Lewski, underscored this, noting, “We’re incredibly excited to bring our Bet Builder product and solution to the US market with a free to play operator, especially at a time when player props and same-game parlays have become two of the most popular betting segments in the country.”

For Rebet, partnering with DST was an opportunity to enhance its offerings with a product. CEO Carson Hubbard highlighted the importance of DST’s technology in meeting the competitive demands of the US market. “Partnering with Digital Sports Tech was a no-brainer for us. To compete in the US free-to-play market, we need a top-tier player props and same-game parlay (SGP) offering, and DST’s proven SGP solution, fast integration, and unrivalled coverage of player prop markets gives us the competitive edge we need.”

The Future of Sweepstakes and Free-to-Play Betting

DST and Rebet’s alliance aligns with broader trends as major players in the gambling industry expand into the social and promotional gaming arena. Notably, September saw the formation of the Social and Promotional Gaming Association (SGPA), an organization focused on promoting responsible sweepstakes operations. This development further demonstrates the growing recognition of sweepstakes and social betting as legitimate entertainment avenues.

As Rebet continues to establish its presence, it reflects the increasing acceptance and demand for free-to-play betting in the US. The partnership with DST ensures that Rebet’s Prop City offers high-quality, engaging experiences akin to traditional sportsbooks, but without the monetary risks associated with real-money betting. With DST’s , Rebet is well-positioned to lead the free-to-play sweepstakes market forward.

Source:

“Digital Sports Tech Partners with US Sweepstakes Operator Rebet to Power its Bet Builder Offering“, g3newswire.com, November 5, 2024.