Africa
FSI Launches Fixed-Odds-Fantasy Innovation In South Africa with Hollywoodbets
Fantasy Sports Interactive are delighted to announce the launch of their innovative odds-based Fantasy Sports offering, Fixed-Odds-Fantasy, in South Africa on the region’s most popular Sports Betting operator, Hollywoodbets.
FSI’s original offering combines Fantasy Sports gameplay and Sportsbook, providing Hollywoodbets’ customers with a diverse gaming experience, where they can enjoy fantasy football as a skill game and bet to win cash, according to a dedicated set of fantasy odds.
Specifically, Hollywoodbets users are able to create their own fantasy team, tapping into detailed League Players’ statistics, and bet on their team’s fantasy prowess according to a dedicated set of fantasy odds.
Fixed-Odds-Fantasy features a series of fantasy points thresholds (point ranges) that users’ fantasy teams are required to reach in order to win. FSI generates the fantasy-based odds (multipliers) defining the winnings for each threshold every week, using an original AI-based fantasy odds generation algorithm.
FSI’s offering went live on Hollywoodbets’ platform in June 2020, under the product name “Fantasy League Betting”.
Fantasy Sports Interactive’s CEO, Dennis Tsalikis, stated that “at FSI we are thrilled to reach the South African audience through the leading operator in the region. Hollywoodbets have a strong presence in the online and retail betting market, and an experienced team we have been delighted to collaborate with. We are confident about the product’s success and the future of this partnership”.
Rowan Cross, Hollywoodbets COO, commented: “We here at Hollywoodbets are thrilled to be the first South African company to bring this new bet type to our valued customers. Thanks to this partnership with FSI a whole host of new betting opportunities will now be available to the many fantasy league fans out there. We urge our customers to keep looking out for other exciting Fantasy League updates from Hollywoodbets and FSI in the near future”.
The Fixed-Odds-Fantasy product distribution to Hollywoodbets is a result of FSI’s strategic partnership with Betting Entertainment Technologies (Pty) Limited (BET).
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