How Did It Start?

Ian and Luke met in the dorms while on campus at sunny University of Arizona. PropSwap wasn’t born however until a phone conversation in October 2013, where the two shared their frustration with the lack of ability to sell bets they owned. For two years, they worked with lawyers, gaming professionals, web developers, to ultimately lead them here – when PropSwap could finally open their doors for business! They look forward to providing this revolutionary service to sports bettors for years to come.

PropSwap

Ian Epstein

Voted “Most Likely to be a Billionare by Age 25” by his high school senior class, Ian was only a few billion short of acheiving that goal by the quarter-century mark. Selling glowsticks at Chicago street festivals at the age of 13 and ticket scalping by the age of 15, entrepreneurship is nothing new to Ian.

During a college spring break trip to Vegas in 2010 Ian walked into the MGM Grand Sportsbook, soaked in the sights & sounds, and made the declaration to himself that this was the industry he was going to make his mark in.

In 2012 Ian moved to Las Vegas to accept a position at the sports betting firm Cantor Gaming. He left the company in 2015 to pursue PropSwap full time and make good on that promise to himself.

PropSwap

Luke Pergande

Born in Chicago, Luke entered the world talking financial markets. His first transaction came at the age of two in 1990, when he bought 10,000 shares of Apple with a loan from his grandfather. It’s been rated by the Wall Street Journal as one of the best trades executed by a toddler in recent memory.

Joking aside, the real journey began 6 years ago, spending a wide-eyed summer grabbing coffee, running trades to and from the pit, at the Chicago Options Exchange.

His most recent 3.5 years were spent working at Bloomberg, talking with hedge fund managers by day, trading stocks by night. Parlaying this background into the world of sports wagering, and starting the first marketplace for betting slips, was a logical next step.