Fanstake

[Burt Macklin, FBI]

Fanstake | Your home for college sports

Compete with fans, follow college athletes and teams, and play for your school on Fanstake.

fanstake.com

Have any of you heard about this site? It looks like just our WBB team is the only State team on there.

Interesting concept.

 

[dawgstudent]

I was just sent a video about it. What do they take off the top?

Edit to add the answer - FAQ

Fanstake takes 0% of unconverted stakes, and typically around 6.99% of the converted stakes. The exact number is dependent on the specific endorsement, but athletes will always get at least 90% of the Staked amount, and 3% is allocated to teammates and/or non-profits. Athletes will additionally have the ability to provide a higher percentage to others if they so choose, and if they select to give it all to registered philanthropic organizations, Fanstake will waive its fee entirely. Furthermore, Fanstake is a proud Pledge 1% member, giving back 1% of profits to philanthropic education organizations.