bet assist (for investors)

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Page 1: Bet assist (for investors)
Page 2: Bet assist (for investors)

Bet  Assist  is  an  online  assistant  service  which  provides  sports  be,ng  /ps,  odds  and  score  predic/ons.      It  can  pick  the  best  odds,  so  you  know  where  and  how  to  bet  in  order  to  win.  

Page 3: Bet assist (for investors)

“Sports  be:ng  combines  a  passion  for  and  a  love  of  gambling  with  the  prospect  of  financial  gain,  and  be:ng  is  part  of  human  nature.      People  will  always  want  to  bet.”  

[FIFA.com]  

 

Page 4: Bet assist (for investors)

Team  

1.  Alex  [execuEve]  

2.  Vitaly  [CTO]  

3.  Max  [designer]  

4.  Yuriy  [developer]  

6.  Mateusz  [PR/user  

engagement]  

*  all  CVs  upon  request  

Page 5: Bet assist (for investors)

Work  history  As  a  team  we  have  been  working  together  for  a  year.  Some  team  members  know  each  other  more  than  5  years  and  have  ventured  in  various  start  ups.  The  Bet  Assist  project  was  stared  aJer  Yuriy  created  the  algorithm  which  predicts  football  scores.  

Skills  Business  analysis  and  management,  market  analysis,  technical  analyses,  soJware  architecture  design,  project  Management  (SCRUM),  core  system  development,  visual  design  and  composi/on,  UI  /  UX  design,  soJware  development  (.Net,  PHP,  Ruby,  HTML5),  product  marke/ng  and  promo/on,  public  rela/ons.  

Network  The  team  has  a  network  expanding  through  Holland,  US,    Poland,  Russia,  Ukraine  and  UK.  We  take  part  in  different  conferences  and  exhibi/on.  So,  our  social  business  network  is  constantly  growing.  

Why  we  are  beVer  then  others  We  are  passionate  about  sports  and  technology.  We  have  experience  and  knowledge.  We  developed  unique  algorithms  which  work.  We  are  network  organiza/on.  

Page 6: Bet assist (for investors)

Bet  Assist  alpha  is  live.    hVp://betassist.iteelabs.com/  

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$  10.500.000,00    poten/al  annual  market  size  

 Market:  be:ng  advice  and  Eps  Market  problem:    lack  of  trusYul  staEsEc  analysis  and  be:ng  Eps  in  real  Eme  with  simple  and  clear  result  representaEon.  Why  does  it  exists:  people  want  to  earn  money  relay  on  strategy  and  advice.  OpportuniEes:  be:ng  market  350  -­‐  400  bln.  $/year.  If  we  target  at  least  0.01%  of  this  market  we  have  =  35.000  users.    Our  soluEon:  clear  personal  be:ng  strategy  which  increases  the  probabiliEes  of  winning.  

Page 8: Bet assist (for investors)

Business  model    SubscripEon  fees:  

3  days  –  free  weak  –  20  EUR  month  –  30  EUR  year  –  300  EUR  

 Referral  fees  (partners,  bookmakers)  

placing  direct  links  at  The  Bet  Assist  

Year  -­‐  15.000  EUR  (per  link)  

Page 9: Bet assist (for investors)

Users  People  who  want  to  bet  (Internet  users)  –  35.000  Partner  and  referral  fees    –  100  companies    

How  to  reach  them  Online  ads,  social  media  campaigns,  word  of  mouth,  blogs,  etc.  Target  resources  –  sport  portals  and  websites,  social  networks.  

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CompeEtors  hVp://www.castrolfootball.com/  (covering  only  English  Premier  League,  algorithm  is  very  primiEve);  hVp://www.bernardEps.com/  (untruthful,  expensive,  bad  design);  hVp://www.soccervista.com  (bad  design,  to  complicated);  hVp://www.kickoff.co.uk/  (complicated,  no  strategy  proposal,  focused  on  only  England);      Bet  Assist  is  easy  to  use  online  service  with  rela/vely  low  price.  It  is  focused  on  all  major  leagues  and  torments.  Bet  Assist  gives  one  a    personal  safe  be,ng  strategy.  It  is  social  and  trus\ul.  

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Financial  Overview  (18  month)    Expected  revenues    533.600,00  EUR  Total  expenses    273.410,00  EUR  Total  EBITA        260.190,00  EUR  Break-­‐even    500  acEve  users    Company  value  amer  18  month    (2200  users  per  month)  

2.905.200,00  EUR  

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Funding  Looking  for  200.000,00  EUR  Co-­‐investment    from  50.000,00  EUR    Deal  Structure  Share  in  the  project  -­‐  20  %  Type:  convenEonal  debt  (others  apply)    Funds  used  for:  System  development,  local  adaptaEon,  support  overheads,  promoEonal  costs,  expand,  user  engagement.  

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Milestones  Main  indicator  which  has  direct  influence  on  growth  is  the  amount  of  ac/ve  users  

 Time   Users  

6  month   500  1  year   1200  

1,5  years   2200  2  years   4000  3  years   8000  

PerspecEves  Extend  to  other  sports:  tennis,  F1,  basketball  etc.  Develop  new  services  for  users.