Since 2022
Dubai and Thailand
Revenue source is from the Live bets on the website and profitability in this business is very high. hence, the gross profit in this industry is more then 70%.
There is no guarantees as it would be based upon the real time transactions on the platform. Looking at present transactions we see a possibility of 2-5%. Again this isn't a guarantee as it's a real business and based on real transactions.
We have more games and more features then them. Our USP is Live streaming which make it most interesting and viable.
In the whole industry of network marketing no one has such a huge strategic partnership or no partnership ever existed in which the product was prebuild. Since the product is Iive from day 1 and you can enjoy the returns from 2nd month onwards.
The revenue model of an online sports betting company typically consists of several key components:
Commission or Vig (Vigorish): This is the most significant source of revenue for sports betting companies. It's the fee (typically a percentage) that the bookmaker adds to the odds. When a bettor places a wager, the bookmaker takes a commission from the total amount wagered, which is often built into the odds offered.
Betting Market Offerings: Companies often offer a wide variety of betting markets (e.g., moneyline bets, point spreads, totals, prop bets) across various sports, which increases the number of betting options and can lead to higher overall turnover.
Live Betting: This is a growing segment of the sports betting market. Companies provide live betting options for events that are currently in progress, allowing bettors to place bets in real-time. This feature can enhance user engagement and drive additional revenue.
Promotions and Bonuses: Many sports betting companies utilize promotions, bonuses, and loyalty programs to attract and retain customers. While these incentives can reduce short-term revenue, the goal is to create long-term customer loyalty that generates ongoing betting activity.
overall, the combination of these revenue streams allows online sports betting companies to operate profitably in a competitive market.
-We will have a calculator which shows how much funds will be distributed as per the bets which is worked on
Relationship between augment and ESPN 99?
- Augment is a marketing company which provides user different opportunities wrt to emerging and trending industries due to its strategic partnerships.
ESPN 99 is our first Strategic partnership
The relationship is just a strategic partnership by the virtue of which distributors make profits via profit Centres and also earn referral commissions due to the network marketing model
If promotion is done with the right expectation without any promises of getting the maximum payout in a certain period of time( surely you will get a max payout in 1.5 years ) or I guarantee you will get 5-8% per month.
Any guarantees or warranties can lead to legal issues.
Getting people to invest by taking loans.
If proper business practices are deployed no legal issues are to be forseen
Renewal model is implied by the company on a yearly basis as per the rank.Also every rank has a min purchase order which will help in recurring business. Also the company believes to have renewals by choice so if people wish to renew without rank upgrade they can themselves put a culture and also there is a condition of one left one right sale every month which will give renewal sale in terms of recruitment or by self purchase adding to more spillover in the tree.
However the company grants freedom for every team to have a culture of renewals on a individual basis. Due to renewals by choice many people would come into the business who refrain to looking at monthly auto-ships.
If players will not increase will it be viable to give 2X or 3X or 4X due to competition,or will it put pressure on the company?
-It is a competitive market and to cope up with the competition the company makes sure that it puts in new games and adds any updates whichever are new in the market.We get better every day due to the API integration done. No company in the world has so many games and live stream options like we do. So it's always
Renewal model is implied by the company on a yearly basis as per the rank.Also every rank has a min purchase order which will help in recurring business. Also the company believes to have renewals by choice so if people wish to renew without rank upgrade they can themselves put a culture and also there is a condition of one left one right sale every month which will give renewal sale in terms of recruitment or by self purchase adding to more spillover in the tree.
However the company grants freedom for every team to have a culture of renewals on a individual basis. Due to renewals by choice many people would come into the business who refrain to looking at monthly auto-ships.
If players will not increase will it be viable to give 2X or 3X or 4X due to competition,or will it put pressure on the company?
-It is a competitive market and to cope up with the competition the company makes sure that it puts in new games and adds any updates whichever are new in the market.We get better every day due to the API integration done. No company in the world has so many games and live stream options like we do. So it's always viable to give upto 4X beyond that would put pressure due to which the profit Centres are designed looking at what's achievable in a relatively short period of time compared to traditional markets.