Draftkings Flash Bet

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The DraftKings online sportsbook and betting app combo is one of the best-known legal sportsbooks for American bettors. Along with their primary rival, FanDuel, DraftKings was one of the first operators to provide legal online betting in the US. Both brands made the jump into online sports betting from the world of daily fantasy sports. Dec 15, 2020 DraftKings Flash Bet is an innovative version of in-play betting. It lets players to place wagers while a game is playing out live and even in between points. You can keep track of your wagers progress in real time and if your bet comes through for you, you can get your payout moments after the play is over.

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DraftKings’ has upped its ‘live betting and instant win’ capacities for sportsbook customers after launching its ‘Flash Bet’ tool.

The US bookmaker, which at present operates mobile and retail sportsbook services for the states of New Jersey and Mississippi, will make ‘Flash Bet’ wagering available for Wimbledon 2019 markets.

The new wagering tool allows DraftKings sportsbook customers to ‘place live, in-game wagers quickly between points in a given match’.

Draftkings Flash Bet

Boosting market engagement and product utilities, DraftKings customers will be able to view a timeline of their bet’s placed, whilst receiving ‘instant win payouts’ on winning wagers.

Jordan Mendell, DraftKings’ Senior Vice President of Product Research and Development, detailed the importance of the live betting tool as Drafkings seeks to ‘to satisfy a growing customer base in excess of 11 million and counting’.

Draftkings launched in Indiana in October 2019 with its highly regarded mobile sports betting app. Indiana is the third state to get access to the DraftKings online sportsbook platform. Sports fans in the Hoosier state can now bet on their favorite professional sports team.

“Live wagering is already widely popular today, but also represents a crucial part of the customer experience and engagement tomorrow,” said Mendell.

“Short of playing on the court themselves, we are wholly invested in bringing our customers as close as possible to Wimbledon this year, while also giving them a taste of the lightning-quick innovations to come.”

  • DraftKings’ Flash Bet product is faster than traditional live betting.
  • At Wimbledon, Flash Bet will allow wagers to be placed on every point.
  • If successful, DraftKings could launch Flash Bet for all major US sports.

BOSTON, MA – If DraftKings has its way, live betting will finally be truly live.

Called Flash Bet, DraftKings’ new in-game wagering platform is being trialed right now during Wimbledon. The system allows bettors to wager on individual points in each game of the major tennis tournament.

Per DraftKings’ press release, Flash Bet offers a “faster, easier way for customers who love sports to engage in every minute of action through live betting and instant winnings.”

Previously, live betting in tennis was limited to games, sets, and matches, with each new wager taking several seconds – and often several minutes – to be published, acted on, closed, graded, and paid out.

Flash Bet changes all that.

To experience Flash Bet, you’ll have to live in a state where the DraftKings sportsbook operates (New Jersey, Mississippi) and download the company’s sports betting app to your Android or iOS device.

Flash Bet’s app integration also features live graphics that “show the ball as it moves across the court in real-time with descriptions of the service, points won and court type.”

Jordan Mendell, Senior VP of Product Research and Development at DraftKings, explains the rationale behind the new product.

“Live wagering is already widely popular today, but also represents a crucial part of the customer experience and engagement tomorrow. Short of playing on the court themselves, we are wholly invested in bringing our customers as close as possible to Wimbledon this year, while also giving them a taste of the lightning-quick innovations to come.”

For many serious bettors, tennis is the bread and butter of their wagering pastime. It’s the grind where they make their money.

However, for casual bettors, particularly those who wager primarily on the major American sports, Flash Bet’s future potential applications are more alluring.

Bet

If successful during its Wimbledon debut, sports fans can expect to see Flash Bet (and similar competing products) used for MLB, NFL, NCAA, NBA, and NHL betting, among other markets.

The goal for immersive live wagering is that bettors will be able to put money on every pitch, every snap, every in-bounds pass, every faceoff. They’ll be able to wager on whether a batter swings or takes, whether a play is a handoff or pass, whether the next bucket comes from inside the paint or outside the arc, and more.

Flash Bet, while still a nascent technology, is the logical conclusion of sports betting.

News tags: Android | DraftKings | Flash Bet | in-game betting | iOS | Jordan Mendell | live betting | Mississippi | New Jersey | Wimbledon

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Andy has been writing professionally for nearly two decades, with the last three years being dedicated to his primary passions: sports wagering news and gambling industry analyses. A walk-on punter, Andy has a particular interest in professional football, baseball, and horse racing betting. Come early May, you can always catch Andy – clad in all white, mint julep in hand – on Millionaires Row at Churchill Downs. In his dreams.