Marketplace technology and media company WagerWire announced that it will launch its trading functionality soon for the upcoming NFL postseason with RealTime Fantasy Sports, a hub for fantasy sports competitions that has been operating since 1995.
The launch will bring about the first-ever real money trading marketplace for fantasy contests, according to WagerWire, which provides a marketplace product where bettors can buy and sell previously placed sports bets.
RealTime Fantasy Sports’ players will be able to sell their entries while they are in progress on the platform. “This marketplace demonstrates an additional use case for WagerWire technology beyond traditional sportsbooks, and into fantasy sports,” the company stated.
WagerWire and RT will also collaborate on original content and media around markets and contests including live NFL and March Madness watch parties.
Tim Jensen, COO of RT Sports, said: “RT Sports now has something no other fantasy provider does, a true marketplace for pick ‘ems and entries.”
“This changes the game for RT Sports. Our players had a taste of trading dynasty league teams in the offseason, but now we’re taking it to the next level, allowing them to trade pick’em plays, DFS, and even season-long leagues,” he added.
Zach Doctor
For his part, Zach Doctor, Co-Founder and CEO of WagerWire, commented: “Fantasy sports offers a new frontier for our trading technology. This proves WagerWire can make any gaming asset tradeable.”
“RT’s loyal community, which has played with them for over two decades, made them the clear choice to be our first live partner for fantasy sports. We look forward to working closely to develop what will become the industry standard for all DFS apps,” he noted.
This news comes on the heels of WagerWire’s marketplace launch with Red Rock Resorts’ STN Play App and corresponding GLI-33 Certification for their integration with the GAN platform powering its sportsbook and iCasino.
WagerWire also has plans to launch both its DFS and sports betting marketplace with Betr in 2024, following an announcement of a technology and media partnership earlier this year.
