In a groundbreaking move, Sports Illustrated has partnered with UK-based media firm Galactic to launch SI Predict, a global predictions platform that redefines fan engagement by allowing users to wager on various aspects of athletic events—excluding the actual outcomes of the games.
A Fresh Take on Sports Wagering
SI Predict enters the burgeoning field of quasi-betting exchanges, joining platforms like Polymarket and Kalshi, which offer derivative contract-based products. Unlike traditional sports betting, SI Predict focuses on peripheral elements of sporting events. Users can place bets on topics such as the number of attendees at a football game or the song selection for a halftime show performance, providing a unique and engaging experience for sports enthusiasts.
Enhancing Fan Engagement
The primary aim of SI Predict is to foster user engagement by sparking conversations and debates. It offers a platform for fans to demonstrate their sports knowledge and insights without delving into the complexities of traditional gambling. This approach aligns with the growing trend of interactive fan experiences that go beyond mere spectating.
Global Accessibility and Community Building
Scheduled for launch in the second quarter, SI Predict will be accessible on a global scale, expanding options for sports fans to connect with their favorite athletic events in an innovative and non-traditional betting format. By focusing on the peripheral aspects of sports events, SI Predict aims to create a community where expertise and predictions can be shared and celebrated in a non-gambling environment.
As the landscape of sports betting continues to evolve, SI Predict represents a significant step toward more inclusive and engaging fan participation.
For more information, visit the original article on Investing.com: Sports Illustrated and Galactic to Launch SI Predict Platform – Bloomberg.