Data AnalysisVerified
Reviewed and published by trentmaziarz, June 30, 2026. Discovered and drafted by our automated research pipeline.
DraftKings integrated Simplebet's machine learning platform, acquired in 2024, to automatically create and price thousands of real-time in-play betting markets across major US sports.
Details
DraftKings announced the acquisition of Simplebet in August 2024, bringing in-house an algorithm-oriented live betting platform that uses machine learning and automation to generate and price micro-markets—bets on outcomes within individual moments of a game, such as the result of the next pitch in baseball. The combined machine learning libraries of Simplebet and DraftKings were described in the official press release as an opportunity to 'step-change DraftKings' machine learning operations.' By 2026, DraftKings reported offering over 500 live betting options per game, up from around 124 in 2022, with more than half of its sportsbook handle coming from in-play betting.
Products affected
DraftKings Sportsbook
Sources & Evidence
News Article
Cite this record
Trace Foundation. (2026). DraftKings: DraftKings integrated Simplebet's machine learning platform, acquired in 2024, to automatically create and price thousands of real-time in-play betting markets across major US sports (data as of 2026-06-30) [Data set record]. AI Trace. https://www.aitrace.org/r/practice/bd648c64-3122-4ac0-ba84-592c17c949ad. Accessed October 4, 2026.
- Stable link
- https://www.aitrace.org/r/practice/bd648c64-3122-4ac0-ba84-592c17c949ad
- Data as of
- June 30, 2026
- Last verified
- Not recorded
Other practices by DraftKings
Customer SvcDraftKings uses AI-powered chatbots to handle customer support inquiries and automates internal processes such as requests for proposals (RFPs) and drafting preliminary legal opinions.Data AnalysisDraftKings uses machine learning models to price its odds feeds and calculate correlations between outcomes in same-game parlays, enabling the sportsbook to set and update betting lines in real time.Creative GenDraftKings tested generative AI for producing marketing copy and generating or manipulating images for advertising campaigns, as confirmed by company leadership in early 2024.
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