Altenar has enhanced the live betting capability of its sportsbook with the launch of a new smart bet acceptance logic, which fixes the odds while players are compiling their plays. With this latest update, the provider adds a function to reduce friction and improve user experience.
Thanks to the unique algorithm developed by Altenar, bets can still be made if there are no significant changes in the odds. This means that players will not be forced to restart the betting process.
Altenar's new approach to bet acceptance is designed to enhance the user experience by minimizing the number of bets that are rejected due to a live bet delay.
The proprietary algorithm filters out the friction caused by sudden changes in the odds and allows users to place bets at the prices they initially selected, even if the odds have changed during a bet delay. As a result, almost all live bets are accepted, as there are no fundamental changes in the events.
The acceptance criteria are fully customizable, allowing operators to tailor the solution based on their strategy, and the new bet acceptance function is proving to be one of the most robust solutions in the industry.
This is the latest update to Altenar's betting house, following other recent improvements, including a major enhancement in the Bet Boost tool, a new promotional feature of the Reward System, as well as a significant improvement in the eSports offering, including an independent lobby.
Dinos Doxiadis, sportsbook product development manager at Altenar, said: "We are pleased to introduce another innovative solution, this time addressing one of the oldest problems in the industry".
"Our new bet acceptance algorithm, combined with our dynamic live bet delay, provides a very attractive solution to this problem".
To learn more about how all these products can help a brand grow, the company invites everyone to visit their booth C20 at the SBC Summit Latinoamérica or schedule a meeting with the Altenar team.
Source: GMB