With Casama, we wanted to solve the general problem of money distribution within a group. After exploring some specific cases regarding this problem, we settled on betting within a group. Imagine, you wanted to bet on the next superbowl with your friends: Using Casama, you can create a group, set the stake for the bet and invite your friends to join. Every member places a bet and once the game ends, the pot gets redistributed within the group based on the agreed upon payout rules.
Casama eliminates the tedious process of collecting the stakes, keeping track of all bets, determining the winners, and redistributing the money. We tested our idea during the 2022 World Cup with 110 Friends and a total betting volume of $ 14,000 in 330 betting groups. Since then, we implemented combo bets, so you can bet on multiple games at once within your group.