Would you bet on sports through your TV? FuboTV is trying to find out
FuboTV subscribers might notice something new this week when they tune into the service’s South American World Cup qualifier coverage. Inside FuboTV’s Roku and Android apps, viewers will be able to pull up a dashboard of live stats by scrolling up on the video stream. From there, they’ll get to answer a handful of quiz questions—for instance, “which team will score first in the second half?”—for a chance to win a free year of Fubo’s service, which normally costs $65 per month. This may seem gimmicky, but Fubo says it’s part of a bigger plan to let people bet on games through their televisions. Fubo plans to launch a sportsbook in the fourth quarter of this year, but by starting with something a little lighter, Fubo is hoping to figure out how much interaction people want from their TV screens and which users would be inclined to bet real money as well. “Our hypothesis is that it’s going to be an engagement driver, but also in the bigger picture, it’s kind of our first step towards our overall gaming strategy,” says Mike Berkley, FuboTV’s chief product officer. FuboTV is one of many companies in the TV business that sees gambling as a potential cash cow, especially as the rising cost of sports and a declining pay-TV audience threatens the traditional channel bundle business. Still, betting on games remains illegal in many states, and Fubo is a fairly small streaming service. Its only choice right now is to move slowly as it builds its audience and pushes for more legalized sports betting. More contests to come For now, FuboTV’s live stats and contests are beta features limited to the Confederación Sudamericana de Fútbol (CONMEBOL) qualifiers, to which Fubo has the exclusive streaming rights . And while the live stats will also be available on Fire TV devices in the coming days, the contests will only appear on Roku players and Android mobile devices to start. But Fubo plans to expand on both fronts over time. Contest support is coming soon to Fire TV, Android TV, iOS, and the web, and Fubo is aiming to bring contests out of beta in time for football season in the fall. The service could eventually add contests for other types of content beyond sports as well. “Think of this really as a platform feature, where we can create a more enhanced viewing experience for every kind of content we provide on the platform,” he says. David Gandler, FuboTV’s cofounder and CEO, also floats the idea of using contests as an advertising tool, with companies offering a chance to win a car or free pizza. It will also collect data on which viewers are most interested in contests, hoping to turn them on to betting once Fubo’s sportsbook launches Read More …