Sportsbook Software
For 2015, the online sports betting market is estimated to reach $16.3 million in revenue worldwide. Under those conditions, starting an online sportsbook is definitely an excellent investment opportunity with huge profit potential for the years to come.
One of the main challenges for starting an online sportsbook is selecting the right sportsbook software for your gambling operations. In this regard, investors have three main options: develop the software, buy the software or rent the software for a monthly fee.
If you choose to develop the sportsbook software yourself or by hiring developers, be advised that it took us more than 7 years to develop all the features and capabilities that our sportsbook software currently provides. It can be done but it’s going to take a lot of time, effort and resources on your part.
The second option is ideal for large scale gambling operations that require a serious investment capital. We are talking about 7 figures capital since sportsbook software providers sell this type of product for prices ranging between $150.000 – $1.000.000.
Renting the sportsbook software is the most practical and affordable solution among the three and you could start an online sportsbook with relatively lower capital. This is the solution that our company offers. We deliver a complete solution that includes the infrastructure and services required to start an online sportsbook and charge a 5-15% fee (according to scale of operations) from your monthly revenue.
Our sportsbook software integrates the following functions and capabilities:
Content Management System or CMS
The CMS module is used for implementing and managing the digital content (text, links, photos, graphic design, logo, domain name, dynamic content, Javascript, HTML, XML, JSON, flash ads) on your sportsbook website.
Operators have the option of developing their own brand and website or collaborate with our web design department in order to create engaging and professional web pages compatible with major browsers (Google Chrome, Firefox, Internet Explorer, Opera and Safari) and optimized for relevant keywords for better ranking in search engines.
Odds and events module
Our sportsbook software integrates an odds adjustment module for managing odds. Using a rule-based odds adjustment system, operators will be able to customize the odds for certain markets, sports, leagues, events or bet types.
Through the events module, operators can search events by date, country, sport, league or team. Events can be created and customized in regards to bet lines and odds.
Risk management and security
In this business there is no room for errors! Be advised that one single error on your part as an operator and your entire operation can potentially go down. This is why, when designing our own proprietary risk management module, a lot of effort has been made for evaluating all the possible risk scenarios and what is the correct action to follow in order to minimize risks. Our risk management module has exactly this automated function and monitors all the activity on your website in real time looking for potential risks and informing the owner through notifications and alerts. Using this module, owners can place limits on certain sports, leagues, events, bet types or accounts.
All user activity on the website is recorded into a user data base. This data contains active and past bets, deposits and withdrawals, win/lose bets, navigation on the website, browsing style, click frequency and so on. Through the user management module operators can search the user data base and perform several actions like: add/withdraw funds, add bonuses, delete/suspend account, place notes for future references or contact the user through text messages.
For maximum security against hacks and web attacks we have designed our sportsbook software with security features similar to the ones used in financial institutions. We provide the latest firewalls and content filters and monitor all user’s IP addresses and proxies. Other security features include identification by PIN (personal identification number) and automated phone verification.
Multi-lingual and multi-currency functionality
Sportsbook Software is available in 12 languages: American English, British English, Italian, German, Greek, Finnish, Portuguese, Romanian, Russian, Spanish and Svenska. We are the first sportsbook software provider to offer support for Persian language with left to right writing system. Additional languages can be implemented by request.
Our platform incorporates 16 major currencies, credits, vouchers and bitcoins. All gambling products integrated with our platform share a single wallet. The following currencies are available:
Armenian Dram (AMD)
British Pound (GBP)
Brazilian Real (BRL)
Canadian Dollar (CAD)
Euro (EUR)
Emirati Dirham (AED)
Georgian Lari (GEL)
Japanese Yen (JPY)
Indian Rupee (INR)
Iranian Rial (IRR)
Mexican Peso (MXN)
Malaysian Ringgit (MYR)
Romanian Leu (RON)
Turkish Lira (TRY)
Singapore Dollar (SGD)
Swedish Krona (SEK)
Us Dollar (USD)
Bonus management
Bonuses are effective marketing tools used for user acquisition and retention. Our sportsbook software integrates a bonus management module while allows operators to create or implement various bonuses on the sportsbook website. Our module integrates 14 types of bonuses including: first deposit bonus, reload bonus, free bet, VIP bonus, referral bonus, holiday bonus and so on. Operators will be able to configure each bonus in regards to value and format.
Additional API’s
Our sportsbook software can extend its functionality by facilitating 3rd party iGaming products and applications to be implemented within our platform. We offer support for both API formats: JSON and XML over SOAP.