SafeBets Aims for 200 Million Users via Sports and Political Predictions

The landscape of online forecasting is set for a significant shift as SafeBets unveils its ambitious growth plans. The platform, which operates on a unique no-cash-deposit model, has set a monumental target of reaching 200 million users by the year 2030. The core idea is simple yet data-driven: users do not risk their own capital but instead provide their predictive insights for free. This massive pool of data allows the company to identify a small elite of high-performing analysts.

Management views sports and politics as the primary drivers for rapid audience scaling. While financial markets offer higher profit potential for the company’s trading model, sporting events like the World Cup attract a far larger number of participants. By building this scale, SafeBets aims to generate statistically significant trading signals for cryptocurrencies, commodities, and technology stocks. The platform tracks the accuracy of every prediction to feed its Collective Intelligence model.

Numbers and facts

The SafeBets strategy relies on precise mathematical selection. From the projected 200 million users, the company expects to filter out approximately 200,000 high-performers. This represents a success rate of just 0.1 percent. This elite group will serve as the foundation for trading models that could launch as early as next year. CEO Alex Konanykhin emphasizes that focusing on popular sports is the only realistic way to achieve this volume.

"Our objective is to get to 200 million users by 2030, and that can only be done with sports and politics. For every person who feels that he or she is skillful enough to make predictions about market events, there are at least 100 people who would rather predict the outcome of the World Cup or similar sporting events." - Alex Konanykhin, CEO of SafeBets

The effectiveness of this model was recently demonstrated during a World Cup prediction tournament. Thousands of participants joined the contest, with the top three finishers hailing from the U.K., the Netherlands, and Colombia. Each winner received $10,000 in cash plus Unicoin rewards ranging from 250,000 to 1,000,000 tokens. This highlights the international reach of the platform, which positions itself at the intersection of gaming, finance, and social networking.

Background

SafeBets is designed to operate outside the traditional scope of gambling regulation. Since users do not make deposits, many laws governing online casinos or sportsbooks do not apply. However, political resistance is mounting. In Europe, an international blockade against certain prediction markets is forming as the lines between information, investment, and wagering become blurred. SafeBets plans to monetize its signals on platforms like Polymarket and Kalshi, even though these markets are currently much smaller than traditional equity markets.

Why it matters for German players

For German users, the prospect of risk-free prediction games sounds appealing. However, the legal situation in Germany is strictly defined by the Interstate Treaty on Gambling 2021 (GlüStV 2021). Even if SafeBets argues it is not a gambling provider, all forms of public prize draws and betting are subject to scrutiny by the Gemeinsame Glücksspielbehörde der Länder (GGL). German players must ensure that real sports bets are only placed with operators listed on the GGL whitelist.

Furthermore, strict limits apply to German users, such as the monthly deposit limit of 1,000 euros via the LUGAS system and the one-euro stake limit per spin for slots. A model like SafeBets, which relies on rewards in cryptocurrencies, could raise regulatory questions in Germany, as crypto-assets currently play almost no role in the legal gambling sector and identity verification via OASIS is mandatory for licensed operators.

What it means for GGL-licensed casinos

Licensed German operators need to monitor this trend closely. While SafeBets does not directly compete in the real-money wagering market, it captures valuable target groups through gamification and social forecasting. GGL-licensed casinos are bound by strict advertising and social concepts, whereas such hybrid platforms often attempt to bypass these hurdles through a no-deposit model. For the German industry, this means competition for user attention is no longer just between casinos, but increasingly against international tech platforms using prediction markets as a data source.