FOX Bet, an online mobile sportsbook developed through a national partnership with FOX Sports, will expand its offering in Michigan with Paysafe, which creates payment and online cash solutions for betting platforms worldwide.
FOX Bet’s betting platform focuses on the NFL, NBA, soccer, hockey and mixed martial arts, and hosts Super 6, a nationwide free-to-play sports prediction game available in every state except Washington.
Users in Michigan will now be able to utilize Paysafe’s Skrill platform to make rapid payments into their sportsbook accounts, as well as Paysafecard, which will become FOX Bet’s first ecash solution for players who prefer to use cash.
The Skrill platform allows winnings to be transferred in real time from a FOX Bet account into a bank account and Paysafe claims 40% of sports bettors are using wallets such as their Skrill platform.
Paysafecard will also allow bettors to purchase cash on denominations of $10, $25, $50 and $100 through presenting a 16-digit code to participating retailers.
“We’re delighted to strengthen our partnership with FOX Bet,” said Paysafe CEO Philip McHugh of the partnership. “Americans are keenly embracing alternative payment methods, so integrating our best-in-class Skrill and Paysafecard solutions, both specifically tailored to sports betting, will ensure that FOX Bet offers all the different ways that players want to pay when they play.”
FOX Bet and Paysafe have already entered into partnerships together in Colorado, New Jersey and Pennsylvania.
