Sportradar’s Alpha Odds, its automated odds recalculation tool that allows operators to generate bespoke betting prices according to their risk exposure and liabilities.
This delivered an average profit increase of 10% for customers in 2023 compared to the performance of its conventional odds product.
New Sportradar model has more accurate forecast
Launched in 2022, Alpha Odds has a client list of more than 60 betting operators around the world.
Sportradar’s advanced AI capabilities, Alpha Odds pricing models more accurately predict the probability of the gaming event occurring. As it allows operators to manage their risks more efficiently.
When combined with real-time and forecast liquidity, Alpha Odds enables traders to maximize trading efficiency according to their trading strategies.
An analysis of 17 million betting tickets from 60 Sportradar client operators demonstrated the effectiveness of the odds recalculation service’s artificial intelligence models.
Compared to the performance of the company’s conventional odds product, operators using the Alpha Odds solution were able to adjust the prices of their bets in “real time.”
This makes your commercial operations more stable and increases commercial efficiency by 11%.
International certificate
The financial reconciliation aspect of Alpha Odds was recently independently certified by PwC auditors. The solution achieves the ISAE 3402 Type 1 international standard for customer correspondence and invoicing calculation systems.
ISAE 3402 Type 1 certification recognizes the power of Sportradar’s computational practices. Therefore, customers have visibility into key processes that are driven by the performance of the Alpha Odds solution.
Darren Small, vice-presidente sênior de Managed Trading Services (MTS) da Sportradar, falou sobre a conquista. “Desde a introdução do Alpha Odds no mercado no final de 2022, a Sportradar transformou os mercados de apostas comerciais.
ISAE’s independent certification validates Alpha Odds’ performance. Furthermore, it provides customers with confidence that the financial aspects associated with the solution are transparent and accurate,” he concluded.
