Get Out AHEAD, a casino, horse racing and fantasy sports technology provider today announced the launch of its first product – Fantasy Sports Hedging Xchange.
Directly targeting the rapidly growing fantasy sports industry, Get Out AHEAD’s proprietary software can integrate with popular fantasy sports platforms, such as DraftKings and FanDuel, creating a closed virtual marketplace in which anyone who has registered with the fantasy sports site can offer all or a designated fraction of a live team for resale to anyone else in the same platform.
“This is a completely new and innovative product. It is unique in that it benefits both the players and the host company,” said Dominic LaRocca, Get Out AHEAD Co-Founder and Chief Technology Officer. “It allows players to keep their play liquid and reduce risk, while adding a new revenue stream to the fantasy sports site.”
Fantasy Sports Hedging Xchange is a white-label product that is branded and incorporated seamlessly into the “ecosystem” of the daily fantasy sports site.
“We chose fantasy sports for our first product launch because the sport fantasy platforms are technology-dependent, and daily fantasy sports players are savvy and enjoy new technology”