Jake Paul manages to raise $50 million for a business in fantasy sports.
Paul founded Betr with seasoned sports betting professional Joey Levy.
In a statement describing the project, Paul identified himself as the company's president.
Jake Paul, a boxer, YouTube celebrity, and collector of rare Pokémon cards, has raised more than $50 million for a Miami-based sports betting business.
Betr emphasizes on betting for specific events, such as pitches during baseball games, as opposed to betting on the games.