“This investment validates our long-term vision and our position as a global leader in esports betting.”
Oddin.gg has secured a new round of funding to grow its global reach and strengthen its esports betting technology. As a result, folks can expect faster tools, new features, increased market access, and more. Right now, the company boasts an uptime average of over 80%, live esports updates, and a user-friendly back-office platform that grants users control and visibility over their esports operations.
Oddin.gg secures key esports betting investment
J&T Ventures, a venture capital firm based in Prague, Czech Republic, recently led a new investment round into Oddin.gg. This move was joined by investment companies such as Rockaway X, and Naše Česko, BD Partners. According to the official announcement, the new round of funding will help Oddin.gg expand globally. It will also help the company enter new regulated markets and strengthen its esports betting technology.
Investment manager Roman Nováček led the syndicate that acquired a minority stake in Oddin.gg. He shared that he first backed the company six years ago despite others overlooking its potential. Nováček also noted that the new investment will continue his long-term partnership with the company.
"My trust has been fully validated by its performance, and this new transaction continues a long-term partnership," he said. "I’m confident that through our new fund, we’ll identify and support more exceptional opportunities like this."
J&T Ventures partner David Polach shared his thoughts about the esports betting investment as well. After praising Oddin.gg for its technology and strategy, he revealed that he's excited about the company's entry into new verticals and its strong market position.
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The growth of esports betting
According to Nováček on LinkedIn, Oddin.gg experienced 7,958% revenue growth between 2020 and 2023. The company even won Deloitte's Technology Fast 50 Award in 2024. Esports betting has been growing rapidly in recent years, with the market expected to exceed $20 billion by 2027.
Therefore, according to Oddin.gg and Startup Kitchen, increasing interest from younger audiences and the legalization of betting in many countries have fueled demand for solutions. However, traditional sportsbooks still do face a major challenge, which pertains to a lack of esports-specific infrastructure.
Oddin.gg addresses this with a business-to-business (B2B) platform that lets operators enter the esports market quickly without heavy internal development. Key features include generated odds, front-end interfaces, plus automated risk management and engagement tools. Betting companies such as Betway and Betsson are already clients.
"This investment validates our long-term vision and our position as a global leader in esports betting," Oddin.gg CEO and co-founder Vlastimil Venclík added. "It gives us the momentum to hit the next milestones — and we’re excited to do so with strong, experienced partners by our side."
That's all for now. Stick around on esports.gg for more news and updates.
