Cool Company Spotlight: BetFully

Nov 15, 2022

Welcome To The Cool Companies Spotlight: BetFully

The Class of 2022 Cool Companies is absolutely stellar and we are excited to share them with you. This spotlight series provides the opportunity to learn more about each company from their founders, CEO’s, or Presidents. We will provide you a glimpse into the incredible innovation and talent being cultivated in San Diego.

The eleventh spotlight in the series is dedicated to BetFully.


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What’s the best entrepreneurial advice you’ve received?

Do more of what works and less of what doesn’t.

Erik Groset

Co-Founder & CEO, BetFully


Why is your company the best solution to the problem you're solving?

Losing sucks. Nobody likes to lose a bet! We help customers win more often by rewarding them whether they win or lose, no matter where they bet. Our customers win because they get great rewards. Our casino operating partners win because they get great new customers or help retain/reactive existing valuable customers. BetFully wins because we create the largest community of active online gamblers.


What is the hardest thing about being an entrepreneur?



If you could be any superhero which would it be and why?

I feel like Iron Man is the obvious choice here. Awesome super powers and yet still living a pretty rad personal life. Superman stuck in the fortress of solitude and Clark Kent is pushing papers all well Tony Stark is living it up. Iron Man it is. He needs a family though.


Where would we find you in San Diego?

Anywhere family friendly, I have 3 and 5 year old so maybe My Yard Live in San Marcos or Eureka in Carlsbad. Or one of the fantastic resorts we have like Aviara or Omni La Costa Resort.


What’s your most satisfying entrepreneur moment so far?

I think it’s a strong signal you’re onto something special when investors and industry experts start reaching out directly to you with interest. People who previously wouldn’t have returned your e-mails are now reaching out to you, now that’s satisfying.


What inspired you to be a Co-Founder?

Usually, I start company where my passions align, in this case it was gambling and finance. When two passions overlap and also are within a strong trend, I’ve found success in business. I’m lucky to share the same passions with my brother, Peter who is the co-founder and CTO of the company.


Who do you consider a role models?

Was lucky enough to go to business school locally here at CSUSM where we had a class ‘In the Executive’s Chair’ where a different CEO or business leader would come in every week to talk to us. We had some serious titans come through and they very much inspired me to be a better business leader. I’m thankful to the professors and staff at CSUSM for their help and support on my entrepreneurial journey.

Here at Connect our mission is to help San Diego’s incredible startup companies grow and succeed. We hope you enjoyed reading The Cool Company Spotlight. Stay tuned for more upcoming spotlights!