Bet Assist is an online sports betting assistant that provides betting tips, odds, and score predictions to help users find the best odds and betting strategies. It uses an algorithm developed by one of the team members to predict football scores. The service has launched an alpha version and the team is seeking funding to further develop the system, localize it, promote it, and expand their user base internationally with the goal of having 2,200 active users within 18 months.

2. 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.

3. “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]

4. Team
1.
Alex
[execuEve]
2.
Vitaly
[CTO]
3.
Max
[designer]
4.
Yuriy
[developer]
6.
Mateusz
[PR/user
engagement]
*
all
CVs
upon
request

5. 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.

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

7. $
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.

8. 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)

9. 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.

10. 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
trusul.

11. 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

12. 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.

13. 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.