Betswaps.com

Betswaps.com

Deal

An online sports tipping marketplace

Pitched by Michael Timbs

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From the show

The Shark Tank Australia pitch

A$200K
Asked for
10%
Offered equity
A$2M
Sought valuation
β€”
Deal amount
β€”
Deal equity
β€”
Deal valuation

Michael Timbs brought Betswaps.com into the Shark Tank Australia in season 2, episode 3, pitching an online sports tipping marketplace.

They asked the sharks for A$200K for 10% of the company. That valued the business at A$2M.

Betswaps.com landed a deal with Steve Baxter, Andrew Banks, Naomi Simson and Glen Richards.

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Shark Tank Index may earn a commission on purchases made through links on this page. Deal figures reflect what aired on Shark Tank Australia; terms sometimes change after taping.