5th October 2017
Official FIA WRC Sports Betting Partner OneBet and Pools Betting Pioneer Colossus Bets Announce Launch of WRC Pools
OneBet has announced the launch of WRC pools betting in the UK in collaboration with Colossus Bets. Although a newcomer to the sports betting space, OneBet is seeking to establish itself as the world’s premier motor sport betting house, powered by its credentials as the official sports betting partner of the FIA World Rally Championship.
Morten Østberg, CEO of OneBet and father of WRC driver Mads Østberg, said: “OneBet was started by a group of motor sport fans and professionals with the aim to bring even more excitement in the motor sport experience. Launching in the UK, the world ‘capital’ of motor sport is a big milestone. This will be a great adventure for both us and UK motor sports fans.”
The WRC product portfolio kicks off with pools on the Spanish round of the WRC, headlined by a pool requiring players to pick the top 7 of the overall rally with a minimum jackpot guarantee of £25,000, which according to Mr. Østberg “should spice things up a bit”. These are complemented by Colossus’ broader sports pools portfolio and life-changing football jackpots, while more products are already in the pipeline (see https://www.onebet.com/en/betting/colossus for the full current offering).
Colossus Bets’ CEO, Bernard Marantelli, commented, “It has been an exciting challenge to collaborate with OneBet to create the world’s first pools on motor sport. We think the end product will appeal to both WRC fans and sports bettors and look forward to running pools across the WRC series.”
There is still some work to do before UK fans get to experience OneBet’s complete sports book but the company is targeting a full release in the UK in the first quarter of 2018.
17th August 2017
British Racecourses and Colossus Bets Announce Partnership to Transform Pool Betting on British Racing
British racecourses and Colossus Bets have today announced a significant partnership that will enhance the future pool betting offering on British Racing.
This arrangement between the Project Steering Board, currently representing 54 racecourses and Colossus Bets will ensure that customers have access to an innovative ‘exotic’ bets portfolio, including cash out opportunities, access to the ‘Syndicates’ platform provided by Colossus Bets and six and seven figure minimum guaranteed prize pools.
The team representing racecourses will now work with Colossus Bets to finalise the range of bets to be offered. The bets will be owned by British racecourses, but will be delivered using Colossus Bets’ technology.
Nigel Roddis, Managing Director of the British Racecourses pool betting project , said, “This arrangement gives us access to the most advanced and flexible pool betting platform available, so I am delighted that we have been able to partner with Colossus Bets. Innovation is a key aim as we want to offer customers an improved service and ensure pool betting is at the heart of the bets available on racing. We think that the opportunities provided by this initiative will go a long way towards us achieving that goal.
Roddis added “I am particularly excited by the possibilities provided by the Syndicates feature which will enable the crowdfunding of tickets into racing pools. Syndicates will allow punters to very publicly advertise their opinions and to encourage others to join in their bets. Syndicate tickets could be created by a recognised pundit, racing personality or just a regular punter. It will be exciting and fun and should provide our Racing TV channels with compelling content.”
“I’m also convinced that pool betting and cash out opportunities are made for each other. Many of us can point to times when we have been 4 or 5 legs in only to have the final leg let us down. We will provide customers with an opportunity to decide whether to take that final leg risk or bank some profits early. It will add to the drama and provide outlets for discussion on social media and more traditional media channels.”
David O’Reilly, COO of Colossus Bets said, “Pool betting on horseracing is a sleeping giant and we look forward to working with British Racing to bring cutting edge features and technology to racing punters, with life-changing prize pools.”
More details on the product offering will be provided in due course. The bets will be available on-course, via a remote betting platform to be offered by the racecourse consortium and via third party betting operators including Colossus Bets and its existing network of partner operators.
14th February 2017
Colossus Bets launches Syndicates betting product
Colossus Bets announces the launch of ‘Colossus Syndicates’, a new product enabling players to propose a ticket into Colossus jackpots to be crowdfunded. Colossus Syndicates is now live on the firm’s B2C colossusbets.com site with an enhanced version set to be rolled out to the Colossus B2B partner network in the coming weeks.
Bernard Marantelli, CEO and founder of Colossus Bets said: “Colossus Syndicates will allow big or small players in different territories and different currencies to join forces on a ticket into our jackpot pools. Players can choose to be a Syndicate Captain and make the selections or defer to the expertise of another manager. The product embeds a number of social features in particular in relation to cash-out decisions. This product has attracted huge interest since going ‘soft’ live on our own site earlier this month with spend on colossusbets.com doubling in the period. Colossus Syndicates takes pools to the forefront of betting innovation and our partner operators are eagerly awaiting its release across the Colossus network.”
25th June 2016
Colossus launch Wimbledon ‘Cash Out’ Pools
Colossus Bets, home of the world’s biggest football and sports jackpots, today announced the launch of tennis pools with cash-out, served up in time for Wimbledon.
Bernard Marantelli, founder and CEO of Colossus Bets said: “With 20 partners now live we thought it was time to extend our sports pools to tennis and in particular Wimbledon. In our head to head tennis pools, punters will need to decide if Djokovic will progress further than Murray in the tournament, or go with the draw if they think both players will be eliminated at the same stage.
At the end of each day's play, cash-out offers will be made to punters whose tickets are still live in the pool. With significant guaranteed minimum pool sizes, including a £50,000 Pick 15 and with cash-out offers to contemplate every evening, these tennis pools should be a massive hit with our partners in Asia, Africa, and especially Europe.”
31st May 2016
Betclic & Expekt go-live with Colossus Bets pools offering €70,000,000 of jackpots for Euro 2016
Colossus Bets, home of the world’s biggest football and sports jackpots, today announced that its pools products including the flagship Pick 7 €10,000,000 Colossus, have gone live, on both web and mobile, with BETCLIC and its sister EXPEKT brand.
Bernard Marantelli, CEO and founder of Colossus Bets said: “We are delighted to have added another top tier operator to our growing stable of live partners. The deal is a great fit for us as the Betclic and Expekt brands are extremely strong in parts of Europe where Colossus pools have not previously been available. Moreover through betclic.fr French players will for the first time be able to play for a €10,000,000 prize weekly and to bank profits on live bets through our patented partial cash-out feature.”
Isabelle Andrès, CEO of Betclic said: “With more than €70,000,000 of guaranteed jackpots across the tournament we are very pleased to be launching with Colossus pools ahead of Euro 2016. Colossus will provide Betclic and Expekt players with life-changing prizes on an almost daily basis for the summer and beyond on football and other sports and we are particularly proud to offer it on an exclusive basis to our French players.”
11th March 2016
The $10,000,000 Colossus goes LIVE in Asia
Adding to extensive distribution for their lotto-sized sports pools in Europe, Australia and most recently Africa, Colossus Bets today announced the launch of the first operator to go live offering ‘Colossus Football Lottery’ in Asia through its regional partner ONEWorks.
Headlined by the weekly $10,000,000 Colossus, a further series of ONEworks’ licensees will go-live in the coming months, following this week’s release of a flagship licensee, with the world’s biggest sports jackpots for their Asian customer bases.
Bernard Marantelli founder and CEO of Colossus Bets , said: On the back of prominent partners in Europe, Australia and Africa, adding the power base of ONEworks is an important milestone for Colossus Bets. ONEworks’ extensive list of Asian licensees will help drive growth into our pools and our momentum as a company.”
“Life changing jackpots on top-tier football with leg-by-leg cash-out is quickly becoming an essential component for any operator seeking to provide its players with the full suite of gaming products. ONEworks is Asia’s leading provider of sportsbook software services and the addition of our football jackpots to their platform will help cement ONEworks’ position as a one stop shop.”
While the ONEworks release in Asia has been in production for many months, this news follows a flurry of B2B activity that has seen Colossus Bets contract with eight new partners in the four weeks since ICE. Separately the firm is focusing on the arrival of three major new operators who are scheduled to be live with its pools in time for the Euro 2016 tournament where Colossus Bets will offer over $70,000,000 of guaranteed pools on that tournament alone.
With rapidly increasing distribution across the globe, Colossus is edging towards its goal of offering a $40,000,000+ pool and becoming the EuroMillions for sports betting.
20th January 2016
Colossus Bets launches £1 Million free-to-play 6 leg predictor game
Colossus Bets today announced the launch of its ‘FreePlay6’ the world’s biggest free-to-play predictor game, with a £1 million weekly jackpot prize. The correct score game follows a similar format to Sky’s popular ‘Super6’ game, but includes the firm’s partial cash-out feature, enabling Colossus players to take cash profits on ‘live’ free tickets throughout the weekend.
The game, which requires players to pick the score in six of the weekend’s English Premier League fixtures, is available on the firm’s colossusbets.com B2C site and is to be rolled out to the firm’s B2B partner sites over the next few weeks. The B2B product will be built into the Colossus B2B partner consoles, allowing partners to offer free play tickets across Colossus Bets’ multi-sports pools, to different segments of their customers.
Bernard Marantelli, founder and CEO of Colossus Bets said: “We have built a free-to-play game which puts all other predictor games to the sword in scale and functionality. FreePlay6 offers life-changing prizes and includes all the killer features of our real money pools: leg-by-leg real money cash-out; consolation prizes for 4 or 5 correct from 6; grouped scores to make winning easier; and transparent ticket tracking so players know where they stand as goals are scored and results are confirmed. We have also added a very slick social media option that rewards our clients for sharing – a win-win CRM tool.”
“This game will also give our B2B partners an unparalleled tool to acquire, reactivate and retain customers. It provides a soft entry level for new customer acquisition, can be used to reactivate lapsed customers and it can be used to reward active customers. We think this product can become the industry’s biggest CRM tool.”