Omada lets people bet on sports events, but it's not gambling.

Omada raises $7.5M for social prediction game for sports fans

Omada has created a popular social prediction game for sports fans and that enabled it to raise a $7.5 million seed funding round.

Omada has gained traction among sports enthusiasts who place bets (in a non-gambling way) on sporting events. It’s like the social casino games, where you can place bets but cannot cash out real money. The company has over a million monthly active users worldwide, including 300,000 in France alone. The funding will help it expand into the U.S. market.

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Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.