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Driving product growth together: Fast sports and microbetting

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Driving product growth together: Fast sports and microbetting
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In the past 12 months we’ve seen growing interest from both bettors and operators in microbetting. With the opportunity to offer more choices more often in a fashion that’s timely and catered to specific matches, microbetting is likely going to be a trendsetter for years to come.

Across the globe as well as in markets like the United States, it’s important for suppliers to develop products that meet these new and changing tastes, and for operators to have rich content that bettors enjoy. Microbetting certainly fits this bill, but with tremendous opportunity also comes some challenges.

The microbetting challenge

As with any new innovation, there is a period of growing pains and experimentation to find what works and what doesn’t. What can be seen is there’s a balancing act to providing an engagement market for bettors and resolving it in a timely fashion while still delivering good performance for operators.

Providing bettors with an offer that’s enticing, engaging and an enhancement to their experience is the first step, and it requires a sound understanding of a given match not just based on historical data and trends, but what is happening in live. Live betting in sports isn’t new, but reading a match and offering a micro-betting proposition is still something the industry is fine-tuning. A snappy payout mechanism is also crucial, which means you need to be able to settle markets quickly. And of course, you need to optimise these markets so they’re delivering strong returns for operators so they don’t become a loss-carrying side feature.

In order to learn, refine and optimise a microbetting product, operators and suppliers alike need to build a dataset and trading history based on real-world, real-time examples.

Fast sports offers a large dataset

Microbetting products require actual historical data in order to successfully develop – fast sports products are uniquely positioned to build this dataset. 24/7 sports content that runs year-round offers operators and suppliers more opportunities to experiment and refine microbetting content than traditional sporting events.

The sheer volume of events means more opportunities to offer microbetting markets, more often. At BETER, betting content and data provider, we’ve launched new, fast 16 markets for all table tennis tournaments, managed by our team, to speed up proceedings and allow users to place micro-bets. With this, we’re aiming to allow bettors to place bets with the fastest possible outcome. For example, a “race to 4 points” market would be settled way before the end of an event.

With more experimentation in the actual environments where it will be used, you can rapidly scale the accuracy, efficacy and performance of your microbetting product.

Building a baseline for traditional sports

Leveraging fast sports content for microbetting has two important flow-on effects. Firstly, you can build a robust stream of 24/7 content with a highly refined microbetting offering.

Secondly, you can use the historical data, knowledge and best practices of fast sports microbetting as the building blocks for opportunities in traditional sports. Whether it’s using fast sports data and models to inform your choices, or building the knowledge and skill of your traders – you can take the experimentation, logic and learning from fast sports and bring it to the biggest matches in the world, across any sporting code.

This is particularly important for markets like the US, where the popularity of in-play, parlay betting is a strong indicator of the interest and uptake of unique product offerings that add lots of flavour to a sports match. Microbetting is the natural next step for in-play sports betting innovation.

Fast sports content doesn’t just give operators another profitable vertical with a constant stream of content for players. It’s an incredible opportunity to road-test microbetting and build products that broaden your offering and meet the needs of newer bettors with huge potential for future growth.

 

Written by: Sabov Evgeniy, BETER Sports Head of Trading

Industry News

Playtech Live Launches Exclusive Bespoke Game with Kaizen Gaming

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Playtech Live Launches Exclusive Bespoke Game with Kaizen Gaming
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Playtech announced the launch of a new bespoke game, Pig Champions, developed exclusively for Kaizen Gaming, one of the biggest GameTech companies in the world. This launch marks the first Live Casino bespoke title for the leading sports betting & gaming operator and strengthens the strategic partnership between the two companies.

The game, designed to appeal to all audience types and player types across all markets, is a sporty animated universe in a Money Wheel Game show format, where 3 Pig Champions characters compete with each other to reach the highest multipliers within 3 exciting Bonus rounds. The studio is located in Playtech’s Romanian facility (PTR), offering a unique, immersive, animated experience made with fresh Unreal engine technology, featuring unique gameplay built from the ground up using advanced real-time animation.

Kevin Kilminster, Chief Product Innovation Officer at Playtech Live: We are delighted to partner with one of the leading sports betting & gaming operators in the world to launch their bespoke Live Game Show, Pig Champions to their extensive player base. After being selected by Kaizen Gaming as the leading developer of bespoke live content, collaborating on Pig Champions has enabled the team to showcase their passion and experience by exploring new innovative ways of bringing live casino games to life that offer a fresh, safe gaming experience for players. Our partnership with Kaizen Gaming continues to evolve and we look forward to our next collaboration in bringing further exciting games to market.

Christos Mavridis, Head of Live Casino of Kaizen Gaming: “Our content offering is some of the most exciting on the market and working with an established partner like Playtech will assist in enhancing our current portfolio even more. Pig Champions stands as evidence of Playtech’s expertise and extensive experience, elevating our live casino offering and emphasising our commitment to creating top-quality innovative game experiences for our players.

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Industry News

Amusnet Ranks Among Italy’s Top Casino Providers

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Amusnet Italy is the fourth-best casino provider in the country for June 2024, according to iGaming Tracker. The company has made a significant leap in the rankings, advancing three positions to secure the fourth spot. The achievement is underscored by a 1.1% increase in market share, reflecting a substantial gain in visibility and preference among online casino operators and players. This rise reflects Amusnet’s growing influence and effectiveness in the Italian market, demonstrating the company’s leading place among the industry’s top providers.

Several notable accomplishments have bolstered Amusnet Italy’s presence in the country. The company’s commitment to excellence was recognised with the prestigious Gold Award for Casino Content Supplier 2023 from EGR Italy last November. Furthermore, Amusnet has added six new partnerships with operators since January, bringing the total number to over 30, and has maintained a robust portfolio with over 100 certified games. Additionally, Amusnet Italy has released 14 new games since the beginning of the year, with more games planned for release by the end of 2024.

Polina Nedyalkova, Director at Amusnet Italy, said: “We are incredibly proud of our progress and the milestones we have reached. This ranking highlights our leading position in the industry and our dedication to delivering high-quality, engaging gaming experiences to local players. Our advancement to the top position underscores our growing influence and effectiveness in the Italian market, and we look forward to continuing this momentum and bringing even more top-notch games to our audience.”

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Affiliate Industry

Getting Sticky with It: Why Affiliate Traffic Should be About Quality Not Quantity

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Getting Sticky with It: Why Affiliate Traffic Should be About Quality Not Quantity
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In a highly competitive “bonus blitzing” affiliate market, the only real winner is the bonus hunter. These affiliates may be sending traffic through to their partners in volume, but many of their users are just looking to play through a good deal, never to return.

At Slots Temple, we believe the “stack ‘em high, watch ‘em fly” approach to aggressive bonus-driven traffic no longer flies. We wanted to focus on improving the quality of the traffic and that meant doing things differently.

We began life as a site that offered free demo games and slots tournaments, and this helped to build a highly engaged base of players that genuinely loved playing slots. But we wanted to take this to the next level.

When we were awarded a UKGC gambling license in 2022, it meant we could offer cash prizes for our free tournaments. And then the next logical step was real-money tournaments in the UK with juiced-up prize pools, and ultimately real-money slots.

To create better quality traffic, you need to engage with your customers to better understand them and foster loyalty. It helps if you have a unique value proposition to increase the stickiness of your brand and engage audiences more effectively.

Our real money tournaments are a real UVP and are proving wildly popular with our users. The stakes we offer are low. You can play a slots tournament for as little as 1p, and the free-play model remains a large part of what we do – exclusively so outside the UK.

Ultimately, we want to be a safe place for players, which is why offering low stakes games is important. It’s about fostering a player base that trusts us and feels comfortable playing with us.

Yes, we’re blurring the lines between affiliate and operator, but our players know we’re not just chasing profits at the expense of everything else. Ultimately, our players see us primarily as a destination for fun play and prizes, and it’s important that we maintain that balance. If they thought we were simply out to rinse them, we’d lose their trust, and they wouldn’t come back.

Instead, it’s about offering more choice and increasing that stickiness. It also helps us better understand what games our players like to play so that we can offer more personalized recommendations.

And this is how real-money slots tournaments can really increase the quality of traffic. If a player has been playing a certain slot in a real-money tournament, for example, and wants to play at a partner site, we can guarantee that we are referring a player who is already highly engaged with the game and is ready to transition to higher stakes.

Of course, within the framework of real-money tournaments, it’s important to continue diversifying offerings by devising new formats. We have turbo tournaments, risk tournaments — a multitude of formats and price points so everyone can play the way they want to.

Our real-money tournaments are further enhanced by what was always a highly gamified platform. So, we have leaderboards, Xpoints, rewards chests, and challenges.

Continuous challenges, incentives and rewards keep users engaged over the long term. These elements can appeal to users’ competitive nature and desire for achievement, as they play for bragging rights. This enhances social elements and encourages them to engage frequently with the product

Adding fun and playful elements enhances the user experience beyond the tournaments themselves. Regular rewards and recognition prevent burnout and keep users motivated. And engaged and motivated players are more likely to become passionate about the brand.

Creating a player base that produces true value to your affiliate partners requires a number of the right ingredients, plus a lot of care and attention. But the affiliate landscape is changing, and affiliates need to get creative to get sticky.

 

Author: Fraser Linkleter, CEO at Slots Temple

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