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Jake Paul somehow raises $50 million for sports betting startup

Boxer, YouTube star, and rare Pokémon card collector Jake Paul has raised funding upwards of $50 million for a Miami-based sports betting company.

Paul teamed up with sports betting veteran Joey Levy on the startup Betr, which is being touted as the first micro-betting direct to consumer company. Investors so far include DeSean Jackson, Travis Scott, Richard Sherman and Ezekiel Elliott, according to a report by Variety.



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