The Betting Startups Podcast

Ep. 167: Reduced juice for all w/ Gino Donati from BetOPENLY


Listen Later

Ep. 167 features Gino Donati from BetOPENLY, a peer-to-peer betting exchange eliminating the traditional sportsbook model by letting users bet directly against each other at true odds. This episode was recorded on-site at SBC Summit North America 2025 in Fort Lauderdale.

 

Hear him discuss:

  • Growing up in a sports-betting Italian family and booking bets in high school

  • How running numbers for syndicates gave him a window into the business

  • Why BetOPENLY was originally built offshore and pre-PASPA repeal

  • The core value prop of “win more, lose less” and how the 1% fee works

  • How trolls on TikTok helped drive the platform’s early growth

  • Why casual bettors and big action players both find value in the model

  • How BetOPENLY avoids deposit bonuses and operates with ultra-thin margins

  • Their “bet with friends” feature and zero-fee social sharing mechanic

  • How the team is solving liquidity challenges through third-party partnerships with companies like Kutt, BettorEdge, and THNDR
  • The legal framework that enables BetOPENLY to operate in 45 U.S. states

  • Expansion plans including peer-to-peer blackjack, DFS, and prediction markets

  • Gino’s other startup, Seed to Scale, and how he self-funds BetOPENLY

  • Why he’s in no rush to raise or exit—and where he sees the ceiling for P2P betting

     

    Catch the video version of this episode here.

     

    Learn more 👇

    ➡️ BetOPENLY website 

    ➡️ Gino Donati on Linkedin



    The Canadian Gaming Summit is happening June 17–19 in Toronto! Don’t miss out — get 50% off your Full Event Pass using code BETTINGSTARTUPSVIP at checkout. Grab your ticket now: https://sbcevents.com/canadian-gaming-summit/ticket-options/

     

    📩 Get the top headlines from the industry's most promising growth-stage companies every week—totally free! Subscribe to the Betting Startups newsletter here: https://news.bettingstartups.com/

     

    --

    This podcast is presented by Optimove, the #1 CRM Marketing solution for the iGaming industry. Since 2012, Optimove has served iGaming Operators from startups to industry leaders. Today, 4 out of the Top 5 US Operators Personalize Player Experiences with Optimove. iGaming operators know their growth journey begins and continues with Optimove, the #1 CRM Marketing solution for the iGaming industry.

    ...more
    View all episodesView all episodes
    Download on the App Store

    The Betting Startups PodcastBy BettingStartups.com

    • 5
    • 5
    • 5
    • 5
    • 5

    5

    10 ratings


    More shows like The Betting Startups Podcast

    View all
    RJ Bell's Dream Preview by Pregame.com

    RJ Bell's Dream Preview

    2,082 Listeners

    Invest Like the Best with Patrick O'Shaughnessy by Colossus | Investing & Business Podcasts

    Invest Like the Best with Patrick O'Shaughnessy

    2,326 Listeners

    Business of Betting Podcast by Business of Betting Podcast

    Business of Betting Podcast

    55 Listeners

    Deep Dive Gambling Podcast by Whale Capper

    Deep Dive Gambling Podcast

    404 Listeners

    Bet The Process by Bet The Process

    Bet The Process

    619 Listeners

    The Shotgun Start by The Fried Egg

    The Shotgun Start

    1,709 Listeners

    NEXT.io Podcast by NEXT.io

    NEXT.io Podcast

    3 Listeners

    Ship Chasing by Ship Chasing

    Ship Chasing

    191 Listeners

    Risk of Ruin by Half Kelly Media

    Risk of Ruin

    248 Listeners

    Hack It Out Golf by Golf Swing Productions by Mark Crossfield Greg Chalmers and Lou Stagner

    Hack It Out Golf

    494 Listeners

    The Colin Cowherd Podcast by iHeartPodcasts and The Volume

    The Colin Cowherd Podcast

    1,167 Listeners

    Circles Off - Sports Betting Podcasts by The Hammer Betting Network

    Circles Off - Sports Betting Podcasts

    503 Listeners

    Empire by Blockworks

    Empire

    167 Listeners

    Zero Latency: An Eilers  Krejcik Gaming Podcast by Eilers  Krejcik Gaming

    Zero Latency: An Eilers Krejcik Gaming Podcast

    10 Listeners

    Prime Suspects by Prime Sports

    Prime Suspects

    6 Listeners