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Slips Launches First-of-Its-Kind Platform for Friends to Create, Challenge, and Bet on Anything

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News provided by

Slips Technologies, Inc.

Sep 09, 2026, 07:00 ET

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The next-generation peer-to-peer betting platform now lets users create their own bets — on sports, life, or whatever topic the group is discussing — and settle them straight from chat with zero fees between friends.

LOS ANGELES, Sept. 9, 2026 /PRNewswire/ -- Slips, the next-generation peer-to-peer betting platform, today announced the launch of Create Bet and Challenge — the most social product release in real-money gaming. Slips users can now create their own bets on anything, send them to friends through group chat, and settle them peer-to-peer with zero fees between friends.

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Friends can now text "slip me" to bet each other. On the game. On the golf outing. On whether their friend actually shows up tonight.
Friends can now text "slip me" to bet each other. On the game. On the golf outing. On whether their friend actually shows up tonight.

The launch introduces a new social behavior: "slip me." Where friends today text "Venmo me" to split dinner, they can now text "slip me" to bet each other. On the game. On the golf outing. On whether their friend actually shows up tonight. Slips is where the bet lives, gets accepted, and pays out. All from chat.

"Every other operator in this space is doing the same thing with different logos — you against the house, on the same handful of markets," said Jess Richman, Founder & CEO of Slips. "We built Slips around how people actually bet each other in real life. On the game, sure. But also on the golf outing, on who's paying for drinks, on whether Billy shows up in the same jacket. That's real betting. That's what Slips is — where 'slip me' becomes a thing people actually say."

The launch includes:

  • Create Bet. Users can now make their own bets on anything — sports, life, weird inside jokes — and send them straight to friends or groups. Whoever's right takes the pot.
  • Group chat, upgraded. Chats now support images, reactions, and one-tap bet sending. Bets fire directly from the conversation.
  • Zero fees between friends. Every bet between friends settles peer-to-peer with no platform fees, made possible by Slips' peer-to-peer architecture. Membership tiers may impact the number of free transactions.
  • Zero-fee ACH deposits. Users can now fund their accounts via ACH with zero deposit fees.

Why it's different

For a decade, sports betting has looked the same: users pick from a fixed menu of sportsbook odds, the house sets the terms, the platform wins on the vig. Slips flips that structure. Users bet each other. The platform matches counterparties and processes settlement — but never takes a position against the players.

"The industry has been optimizing the same house-banked model since day one," Richman added. "Nobody asked the players what they actually want. What we see on Slips is clear: when you give people the tools to bet their friends on anything, they don't go back. They want to make their own bets. They want to talk trash in the chat. They want 'slip me' to be their new default. That's the whole point."

About Slips

Founded in 2021, Slips is the next-generation peer-to-peer betting platform where players bet against each other — not the house. Across bets, challenges, and predictions, Slips creates a social-first experience where users win, connect, and compete in real time — all through the chat and community they already trust.

Backed by leading venture capital firms, professional sports team owners, and more, Slips brings together a powerhouse group of investors aligned with its mission to redefine peer-to-peer betting.

SOURCE Slips Technologies, Inc.

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Slips Raises $3.5M Series Seed to Pioneer the Future of Peer-to-Peer Betting

Slips Raises $3.5M Series Seed to Pioneer the Future of Peer-to-Peer Betting

Slips, a pioneer in peer-to-peer betting, today announced the close of its $3.5 million series seed, fueling rapid expansion as demand accelerates...

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