ONE37pm: What’s the story behind Chalkboard?
Ted Mauze: I’ve been into sports betting recreationally with my buddies since we were seventeen or eighteen. After we went off to college, we found that our iMessage group became the home for all of our bets and that sharing screenshots of our bets became an important vehicle for us to stay in touch.
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In 2018, I graduated from college and was working in banking. Around that same time, PAPSA had just been repealed, which opened the door for legalization, so me and my friends kind of looked at each other and realized ‘holy crap, we’ve been living this product before it even existed.’ We’d been in iMessage group chats, in GroupMe, in Discord. Naturally, the next thought was: “Can we go build a better version of that? How can we scale and gamify our own experiences into something that other people can enjoy?”
ONE37pm: How does Chalkboard fit within the current moment and growth of sports betting at large?
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Ted Mauze: It used to be that me and my friends really only talked about it in our group chat—you would never walk into a sports bar and start talking with other people about what side of the line you’re on. Now, since sports gambling was legalized, it’s become a big part of daily life—it’s part of nearly every sports conversation and even integrated into TV broadcasts. It’s socially acceptable to be a sports bettor. There’s this excitement around sports betting and it’s spilling out into all these different communities on the internet, so Chalkboard gives people a place to have these conversations and connect with creators.
ONE37pm: What need does Chalkboard fulfill?
Ted Mauze: The things that people do on Chalkboard are the same things that people have done for years. The difference is that you no longer have to toggle between three or four different apps to check scores and track your bets and talk to your friends because all of that stuff is on Chalkboard. Another important aspect is that our Betsync technology lets you easily keep a log of your betting history without having to manually monitor it.
ONE37pm: What are Chalkboard’s next steps?
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Ted Mauze: We’re working on a way to make it easier to tail your friends’ bets. Think about how many times somebody’s sent some wild parlay to the group chat that seems interesting, but how often do you actually go and place it yourself?
ONE37pm: I don’t think I’ve ever done that.
Ted Mauze [laughs]: Exactly. So what we’re going to roll out is a feature that when somebody shares a wager in Chalkboard, you can then click on it and it’ll take you into your sportsbook with the bet already preloaded for you to lay down.
ONE37pm: And beyond that?
Ted Mauze: Our ultimate goal is to become the place to talk about sports.
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