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Zach Doctor
Co-Founder & CEO of WagerWire
Zach Doctor is the Co-Founder and CEO of WagerWire, a marketplace for sports bets that allows users to buy and sell their already placed bets.13 He has an entrepreneurial background combined with experience in finance, which has equipped him with the skills to lead WagerWire into the future.1
Career Background
Before founding WagerWire, Zach had a diverse professional journey:
- He started his first company before his bar mitzvah, flipping high-end bicycle tires on eBay with his brother.2
- This early venture evolved into a family of e-commerce sites, including BikeTiresDirect.com.2
- After graduating from UCLA, he worked at PNC Business Credit, financing M&A deals.2
- He reached the position of Vice President at PNC Business Credit at just 26 years old.2
WagerWire
Zach co-founded WagerWire, which is revolutionizing the sports betting industry:
- WagerWire is a marketplace that allows users to sell their already placed bets to other users.1
- The platform enables users to capitalize on their successful bets before they fully play out or to minimize losses on bets that aren't going their way.13
- The idea for WagerWire originated from Zach's desire to buy into a friend's bet and explore how that could work.1
Personal Interests
Zach has a deep love for sports, which began in his childhood:
- He played various sports growing up, including soccer, baseball, basketball, and football in high school.1
- He appreciates the competitive nature and entertainment value of sports.1
Zach Doctor is based in Los Angeles and has over 500 connections on LinkedIn.4 He is actively involved in the sports business community, participating in events such as the UCLA Global Sports Business Forum.5
Highlights
Great writeup today in Sportico - shedding light on the black box of the sportsbook Cashout feature!
Sportsbooks have started offering buy-backs where a user can retire their bet before maturity for an offered price (hence "Cashout"). But bettors are waking up to the fact that these Cashout prices have huge hidden Vigs and there is little transparency or predictability to when or why they are offered.
Bettors deserve a fair and open market for selling their bets and WagerWire is here to make that happen!
Had a great time on “For The Love of Sports” podcast talking with Michael Rasile about WagerWire and the evolution of sports betting. Links below!
Youtube: https://lnkd.in/gzd27bYN Apple: https://lnkd.in/gnx92bB6
