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Based in Belize, BetHog operates a cryptocurrency-based online casino and sportsbook platform that offers provably fair games, live dealer experiences, and comprehensive global sports betting markets. Built on the Solana blockchain and licensed by the Government of Anjouan, the platform supports instant transactions using major digital assets including Bitcoin, Ethereum, Solana, and Tether. The company targets crypto enthusiasts and casual gamers by providing proprietary player-versus-player titles, such as its flagship game Hogs, alongside traditional casino games from established studios like Pragmatic Play and Evolution. To support its public launch out of stealth operations and ongoing platform development, the enterprise secured $6 million in seed funding led by 6th Man Ventures, with additional participation from Bullpen Capital and angel investors. BetHog was founded in 2024 by former FanDuel executives and co-founders Nigel Eccles and Rob Jones.
BetHog has raised $6.0M across 1 funding round.
BetHog has raised $6.0M in total across 1 funding round.
BetHog has raised $6.0M across 1 funding round. Most recently, it raised $6.0M Seed in November 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Nov 1, 2024 | $6M Seed | 6TH MAN Ventures | Goat Capital, Shima Capital | Announced |
BetHog has raised $6.0M in total across 1 funding round.
BetHog's investors include 6th Man Ventures, Goat Capital, Shima Capital.
BetHog is an online gambling platform offering casino games, sports betting, and a lottery feature with rewards in $HOG points, such as a 2,000,000 $HOG prize pool.[1] It serves users interested in gaming and betting, solving the need for accessible, reward-based wagering experiences, and is positioned for growth through its rewards system and promotional lotteries.[1]
Licensed and regulated by the island nation of Anjouan, BetHog is backed by prominent investors from sports, crypto, and gaming sectors, including 6th Man Ventures, indicating strong momentum in the competitive iGaming market.[1] The platform emphasizes user engagement via points-based rewards but restricts access in certain regions due to regulatory compliance.[1]
BetHog operates under Original Games and holds a license from Anjouan, an island nation known for issuing online gambling licenses.[1] Specific founding details, such as the exact year or individual founders, are not detailed in available sources, but its backing by leading investors from sports, crypto, and gaming—highlighted by 6th Man Ventures—suggests an emergence from the intersection of these high-growth industries.[1]
Early traction appears tied to its regulated status and investor support, enabling quick rollout of features like casino, sports betting, and the BetHog Lottery, which offers substantial $HOG point rewards to drive user adoption.[1]
BetHog rides the wave of converging sports betting, crypto rewards, and online gaming, fueled by blockchain incentives ($HOG points) and post-pandemic digital gambling growth.[1] Timing aligns with global iGaming expansion, where regulated platforms with crypto ties attract users seeking gamified, high-reward experiences amid mainstream adoption of Web3 in entertainment.
Market forces like investor influx from sports and crypto favor BetHog, as seen in its backing, while Anjouan licensing enables agile entry into underserved regions.[1] It influences the ecosystem by blending traditional betting with tokenomics, potentially accelerating hybrid models that integrate loyalty points with real-world sports and gaming IPs.
BetHog's crypto-gaming investor base positions it for expansion into tokenized betting and NFT rewards, capitalizing on rising Web3 adoption in iGaming. Regulatory hurdles in key markets could slow growth, but its rewards lottery may drive viral user acquisition amid trends like play-to-earn mechanics.
Expect deeper crypto integrations and partnerships with sports leagues, evolving its role from niche platform to ecosystem player—echoing its origins as an investor-backed disruptor in a $100B+ global betting market.[1]
