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Key people at Slips, Inc..
Slips, Inc. was founded in 2008 by Jesse Dhillon (Co-founder, CTO).
Slips, Inc. operates as a social wagering platform, enabling users to engage in peer-to-peer betting activities. The company provides a digital environment where participants can place real-money wagers directly against one another, encompassing both traditional sports betting and lottery ticket acquisition. Its offerings include various formats such as Heads Up, Pools, and Tourlays, positioning itself as a betting exchange rather than a conventional sportsbook.
The company was established in 2019 by founder Jess Richman, with its operations centered in Los Angeles, California. The foundational insight behind Slips, Inc. was to create a direct-to-player betting ecosystem, bypassing the traditional house model. This approach fosters a more social and interactive wagering experience among participants, departing from the typical bookmaker-centric model.
Slips caters to individuals seeking a community-driven approach to betting and convenient access to lottery games. The platform aims to redefine the wagering landscape by promoting direct interaction and competitive engagement among its users. Its vision centers on building a robust network for social betting, offering an alternative that prioritizes player-to-player interaction over institutional intermediation.
Key people at Slips, Inc..
Slips, Inc. (Slips Technologies Inc.) is a Los Angeles-based peer-to-peer betting platform founded in 2021 that enables users to wager against each other—not the house—across formats like Heads Up, Pools, Tourlays, and AI-generated prediction markets.[1][2][4] It serves sports fans, gamers, and event enthusiasts nationwide, solving the problem of traditional betting's house edge by creating social, real-money experiences with features like leaderboards, messaging, and community tools; since launch, it has attracted over 150,000 users and paid out more than $6 million in winnings.[1] The platform leverages AI to automatically generate bets on trending topics in sports, entertainment, politics, finance, global events, futures, and commodities, with real-time auditing for fairness, driving rapid user growth and early revenue traction in the expanding prediction markets space.[1]
Slips was founded in 2021 by Jess Richman, who serves as CEO and envisions AI as the engine for limitless peer-to-peer gaming.[1] The idea emerged from evolving peer-to-peer betting beyond static formats into dynamic, social experiences, kicking off with Heads Up, Pools, and Tourlays before launching AI-generated prediction markets and Slips Live for real-time social betting.[1][4] Early traction was strong, with nationwide adoption leading to 150,000+ users and $6M+ in payouts, backed by prominent investors including venture capital firms, professional sports team owners, Web3 pioneers, and poker champion Jason Mercier.[1] Note that a separate Harvard-inspired SLIPS technology for liquid-repellent coatings exists under slipstechnologies.com, but it appears unrelated to this betting firm.[3]
Customer complaints highlight risks, including payout delays and unresponsiveness, with 31 BBB complaints and an F rating as of 2024.[2]
Slips rides the convergence of AI, social gaming, and prediction markets, capitalizing on global demand for interactive betting amid legalized sports wagering in the US and rising interest in event forecasting.[1] Timing aligns with AI advancements enabling automated, limitless bet generation—extending from entertainment to politics and finance—while peer-to-peer removes barriers of traditional sportsbooks.[1] Favorable market forces include expanding online gambling regulations, Web3 influences from backers, and social media's virality for trends; Slips influences the ecosystem by pioneering AI-driven P2P as "the natural evolution of peer-to-peer gaming," potentially disrupting centralized platforms and fostering community-owned outcomes.[1]
Slips is poised to expand AI prediction markets into high-volume areas like politics and commodities, leveraging its scalable model and 150,000-user base for global growth amid rising AI personalization in gaming.[1] Trends like real-time social betting (e.g., Slips Live) and regulatory tailwinds will shape its path, though addressing BBB complaints on payouts is critical to build trust.[2][4] Its influence may evolve from niche P2P disruptor to mainstream AI betting leader, redefining wagers as social, predictive intelligence—positioning Slips to capture the digital betting boom just as it launched with rapid traction.[1]
Slips, Inc. was founded in 2008 by Jesse Dhillon (Co-founder, CTO).
