“We'll probably report, yeah, one 50 to one 75 in the year that we're currently in that's the US launch”
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More from Jon Robin
Insight
Consumers can only beat bookies by grinding promotions and boosted odds.
“The one way that anyone can make money on sports betting is through the promotions, like the signup offers and the ongoing, like, you know, boosted odds, boosted prices or deposit matches. So if you're very disciplined and you're willing to grind it out for re…”
Jon RobinDec 12, 2024▶ 3:20His sports betting app went from $0 to $10M ARR in a year—& to $150M ARR in 4. Here's how he did ... · PMF Show
Insight
Thousands of users swarm new betting apps to exploit initial system weaknesses.
“There really is a swarm of new activity, and when I say that, maybe like a couple of thousand customers that they just wait for the new betting apps to open because they see it as an opportunity, not only an opportunity to sign up and maybe get another like ne…”
Jon RobinDec 12, 2024▶ 32:36His sports betting app went from $0 to $10M ARR in a year—& to $150M ARR in 4. Here's how he did ... · PMF Show
“Sports betting, historically sports betting is a very transactional experience.
You find something you want to bet on, you go up to, you know, if you go back to the pre-internet days, you'd go up to a bookmaker at a horse racing
track in Australia, and you'd …”
Jon RobinDec 12, 2024▶ 10:55His sports betting app went from $0 to $10M ARR in a year—& to $150M ARR in 4. Here's how he did ... · PMF Show
Insight
Robin: Sports betting books must scale fast to diversify against outlier days
“You need to get a point to a point of scale as quickly as you can, that your book is completely diversified and you're not Having these outliers skewed days.”
Jon RobinDec 12, 2024▶ 24:09His sports betting app went from $0 to $10M ARR in a year—& to $150M ARR in 4. Here's how he did ... · PMF Show
AssertionNot checkable as stated
Dabble faced a $3 million viral parlay liability with $2M in cash.
“And we finally get to the bottom of it and it's three million dollars that is going to go to our business if 1500 people win this 300 dollar debt. And there's like calls going around from our trading team to our CEO to us and I think even to our investors at t…”
Jon RobinDec 12, 2024▶ 26:23His sports betting app went from $0 to $10M ARR in a year—& to $150M ARR in 4. Here's how he did ... · PMF Show
AssertionContradicted
Dabble hit $30M revenue in year two and $75M in year three.
“Our second year was about thirty million dollars. Third full year we'd just completed was about seventy-five million dollars.”
Jon RobinDec 12, 2024▶ 36:32His sports betting app went from $0 to $10M ARR in a year—& to $150M ARR in 4. Here's how he did ... · PMF Show
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