Acquiring Fantasy National, sports betting platform Betsperts sets sights on golf wagering market.
Golf betting is experiencing a surge in popularity, mirroring the growth of the broader US sports betting market. According to recent reports, the US legal sports betting handle is projected to hit approximately $57 billion in 2025, generating over $5 billion in gross revenue, marking a steady increase year over year [1][4]. While golf betting represents a smaller segment of this total, interest in various golf betting markets like outright tournament winner bets and other prop bets is on the rise, with advanced models and expert picks becoming more prominent in major tournaments [3][5].
In this expanding landscape, two companies, Fantasy National and Betsperts Group, are making their mark. However, specific data on their roles or growth in golf betting were not found in the current search results.
Fantasy National, a sports media company focused on golf, has been a significant player in the golf fantasy space. Betsperts Group, on the other hand, operates in the sports betting and related technology sectors. In 2021, Betsperts added 4for4, Dynasty League Football, and Bleacher Nation to its services, indicating a renewed expansion mode.
In a notable move, Betsperts Group acquired Fantasy National. The financial details of the deal were not disclosed, but Pat Mayo, co-founder of Fantasy National, will join Betsperts and contribute content and promotional efforts for golf and other sports. This merger is expected to bolster Betsperts' presence in the golf sector.
Betsperts CEO Reid Rooney forecasts seven figures in 2026 revenue from its golf vertical. To capitalize on this growth, Betsperts plans to increase marketing spend for its golf properties and launch new offerings. For instance, Betsperts plans to launch a new betting-focused subscription on 4for4 and a new daily fantasy sports game within Bleacher Nation Fantasy's platform.
Moreover, Betsperts' golf tools have seen high consumption, according to Rooney. The company recently released a new tool for analysing PGA Tour results called "The Rabbit Hole" at the beginning of the year.
Betsperts' foray into golf betting is not a solo venture. The company has attracted high-profile investors such as Kevin Durant, Chris Paul, Kyle Busch, Richard Jefferson, and venture capital firms HBSE Ventures and Verance Capital, who led Betsperts' $6 million Series A funding round in 2021.
In 2022, Betsperts launched Betsperts Golf with Paige Spiranac, a golf-focused platform designed to provide expert picks, analysis, and tools for golf bettors. The platform has seen impressive growth, with golf constituting 50% of the company's total revenue in the last two years.
As golf betting continues to gain traction, the partnership between Fantasy National and Betsperts Group promises to bring innovative and exciting offerings to golf fans and bettors alike. With a focus on customizable golf data sets for daily fantasy players and bettors, the companies are well-positioned to capitalize on the growing market.
[1] https://www.statista.com/outlook/10010000/0/us-sports-betting [3] https://www.sportsbettingdime.com/news/golf/golf-betting-odds-trends/ [4] https://www.legalsportsreport.com/2625/us-sports-betting-handle-grows-15-to-57-billion-in-2025/ [5] https://www.sportsbettingdime.com/news/golf/2021-the-masters-betting-odds-trends/
- The technology company, Betsperts Group, has expanded its services to include golf betting, with their golf vertical projected to generate seven figures in revenue by 2026.
- In the sports industry, Fantasy National, a golf-focused sports media company, and Betsperts Group, a technology firm in the sports betting sector, have merged, with the aim of offering innovative and exciting golf betting options to fans and bettors.
