The all-in-one mobile app has also completed an important investment from the Chicken Ranch Tribe of the Me-Wuk Indians in California.
Oddsium is scheduled to launch in the following weeks in New Jersey and has announced further expansion plans into Indiana, Pennsylvania and Colorado in 2022.
Krister Malm, Founder of Oddsium, commented: “We are very happy to enter the US market, and see huge potential for growth – especially as more and more states regulate mobile sports betting.”
Todd Kobrin, CEO of Oddsium USA, added: “Sports bettors deserve a convenient experience when placing bets with multiple sportsbooks.
“Oddsium delivers that convenience, personalised through advanced machine learning for each bettor. We are looking forward to using this funding to launch our app in four key markets in 2022.”
The app uses one login, offering users access to live scores, to place bets with multiple sportsbooks while they also have an overview of their bets and outcomes.
Commenting on the deal with the tribe, Chairman Lloyd Mathiesen from the Chicken Ranch Tribe, said: “Oddsium’s technology is changing the way bettors operate. As the market matures, it’s important to continue attracting both low- and high-level sports bettors with positive experiences.
“Oddsium has done just that in an intuitive app with everything you need before, during and after placing a bet.”