Thrive Fantasy awarded over $5.5M in cash prizes going into Super Bowl weekend as sports prop betting growth soars
Thrive’s NFL season has shown there to be hyper-growth opportunities in the daily fantasy landscape. With over $5.5M in cash prizes awarded just in Q4 2021, Thrive is ending on a high note with a $100,000 guaranteed contest for the Super Bowl with the winner receiving $20,000 cash.
Thrive doesn’t have any intentions of slowing down after the Super Bowl; in fact, they are in the midst of adding Soccer, MMA, and additional Esports titles to compliment their already impressive offerings due to inbound demand. Also, a very new and exciting opportunity is their Lottery Fantasy contests where users can play against one another without having a lottery ticket (more details coming soon).
- Over $1.6M in prop betting handle just in January; over $5.5M during all of NFL season
- Growing over 25% MoM with over 75,000 entries in our prop lobby (user vs house option) in January and over 400,000 entries during NFL season (includes other sports as well)
“Our vision was to unlock and demystify daily sports fantasy for the masses by making it as simple as possible to participate using our prop bet platform. The majority of our users were never consistently successful in any daily fantasy sports prior to using our platform because it was overwhelming and intimidating to do all of the research, which we have eliminated by only presenting two choices; over/under,” said Adam Weinstein, Co-founder/CEO of Thrive Fantasy. “We’ve been very lean and focused with only $4M in venture capital raised to date as we continue to see demand grow across all of our sports properties and new initiatives that we’ll announce soon.”
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