Robin: Modern sports betting apps replicate outdated, transactional physical bookmaker experiences
Jon Robin · His sports betting app went from $0 to $10M ARR in a year—& to $150M ARR in 4. Here's how he did ... · PMF Show · Dec 12, 2024 · at 10:55
Jon Robin, founder of social betting app Dabble, explains the insight that led him to build a social wagering platform.
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“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 give them five dollars, and you'd say, I want to have five dollars on this horse to win, and they'd give you a ticket, and if the bet won, you'd take your ticket back to the bookmaker and cash it out, and if the bet lost, you'd throw your ticket in the bin, and a lot of that experience has carried itself through to the sports betting apps that you see today, and it still feels like you're just, it's you as the better playing against the house, and it feels like you're Getting your virtual ticket, and if your bet wins, you go back to collect it, and if it loses, you throw your phone in the bin and it didn't feel like the sports betting had made it into the twenty-tens or the twenty-twenties with a modernized version of what this user experience could be”
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