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.”