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At the Global Gaming Expo in Las Vegas on October 10, the micro-betting app Betr revealed that it had become the first sports betting company to outlaw the usage of credit cards.
Betr, the World’s First Micro-Betting App
The first software focused on micro-betting in the world, Betr offers a user interface that allows users to anticipate the results of every play in every sporting event. This covers every pitch and at-bat in every MLB game, as well as every play in every NFL and College Football game. The app also has a redesigned user interface layer that shows betting markets as more understandable multiple-choice questions and displays odds as straightforward payout multiples to make sports betting easier for users.
As soon as Betr receives licenses and regulatory permission across the United States, the app will be made accessible in a few states for real money betting. Initially, it was offered nationally as a free-to-play experience. Users who participate in the free-to-play activity can gamble coins that can be exchanged for genuine rewards.
Such an innovative betting product will be a real treat for the citizens in the states that regulate sports betting and online casinos, like Pennsylvania. Players in PA have a lot of excellent services to choose from, such as SugarHouse Casino, which was launched in Pennsylvania in 2019 and offers players exciting welcome bonuses.
Betr’s Ban on Credit Cards
Betr will impose deposit caps on customers between the ages of 21 and 25 in an additional attempt to promote responsible online gambling.
Betr forbids the use of credit cards, but does permit the use of other payment methods, such as prepaid cards or debit cards, to make deposits. Entrepreneur Jake Levy and social media influencer/boxing star Jake Paul co-founded the business, which also revealed that Prizeout’s digitally branded gift cards will serve as the exclusive withdrawal method for prizes on Betr.
Levy co-founded SimpleBet, a small-scale sports betting program, before co-founding Betr. NFL stars Richard Sherman, Ezekiel Elliott, DeSean Jackson, Dez Bryant, and Braxton Berrios are among those who have invested in Betr.
Betr’s Responsible Gaming Measures
Betr offers gamers resources to encourage safe gaming and give them control over their gambling. The business advises users to make use of these features to keep the experience enjoyable and within their personal boundaries. The advice includes:
- Use time limits depending on how many hours a day you want to be able to use your account;
- You can set up a deposit limit, which is the maximum amount you wish to deposit in a specific time frame;
- The maximum bet limit is the amount of money you can bet at once;
- If you need a break, use the timeout feature;
- Exclude yourself from using the Betr gambling products by using the self-exclusion feature.
Betr takes its responsibility to stop minors from gambling seriously and is aware of how important it is. Betr makes sure real money account holders are at least 21 years old by clearly stating the legal age to gamble on their real money gaming products and by conducting extensive identity checks.