Rithmm Launches AI-Powered Sports Betting Platform

Date: 2023-09-14 Author: Dima Zakharov Categories: SPORTS BETTING, TECHNOLOGY
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Boston-based startup Rithmm has officially unveiled its groundbreaking sports betting platform, powered by artificial intelligence technology. After a year of beta testing, Rithmm chose to launch the full platform right at the beginning of the NFL and college football seasons, taking advantage of the surging interest in sports betting during this time.

This innovative platform empowers sports bettors to create customizable analytics models to assist them in making more informed decisions when placing their bets. By harnessing AI technology and advanced analytics, Rithmm aims to break down barriers and make sports betting accessible to bettors of all levels of experience.

Rithmm's offering is divided into two products known as Core and Premium. The primary distinction lies in the fact that while the Core version enables users to construct analytical models providing selections, projected scores, and winning probabilities, the Premium product offers users in-depth data analysis without requiring any modeling expertise.

Megan Lanham, the CEO of Rithmm, Inc., expressed her enthusiasm: "The official launch of Rithmm is the culmination of our vision, hard work, and passion. The invaluable insights shared by our beta testers have played a pivotal role in shaping Rithmm into the exceptional platform it is today. With the Core and Premium options and our groundbreaking NFL product, we are thrilled to usher in a new era of personalized, immersive betting experiences for our users."

Rithmm has outlined that Premium platform users can create models using a library of statistics, rather than relying solely on hand-picked ones by staff members. Premium members also have the advantage of shopping around different sportsbooks to find the best odds.

Ryan Besch, a beta user of the platform, shared his excitement: "Rithmm's product offerings are launching just in time for the upcoming NFL and College Football season, and I could not be more excited. Rithmm offers fast, easy-to-understand predictive data that saves me time. I can't wait to explore the platform as the first games of the 2023-24 football season kick off because I know Rithmm is going to provide me with the information I need to make smart bets."

Although initially launched for the NFL and college football, Rithmm also has products tailored for the WNBA, NBA, and college basketball, with plans for platforms for other sports leagues in development.
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