Loading...
Why Betting ExchangesCustomers obtain better value from a betting exchange by setting their own prices. You the Operator benefits. You get to run the exchange with little risk level and earn commission revenue on every transaction. With no risk to manage you can also offer a far greater selection of markets to customers than ever before.
Combined SportsbookYou the operator can run both OpenBet Sportsbook and OpenBet Exchange modules from a single set of back office screens, eliminating the need to set up events more than once. Managing the operation requires almost no additional overheads as OpenBet Exchange is fully integrated with your existing system and allows bets to automatically convert customers unmatched orders into standard fixed odds bets.
Value for you and your customersOpenBet Exchange offers several features to help operators and customers gain the greatest value from every bet.
These include:
- Customers always get the best price
- Automatic upfront payments to completely cover a customer's worst-loss
- Automatic refunds when worst-loss exposure is reduced
- Full multi-currency support
- Variable commission models at customer and event level, including different rates for back and lay orders
- Full Betting in-running support with no operator risk and with protection for customers against key market-changing events
Notable for your customers, important to youOpenBet Exchange automatically offers the best available price. Customers can set their orders to cancel, go in-running or convert to fixed odds prices at the off. This means you get to keep the customers business - a truly innovative feature that no other exchange can offer.
Group placement of orders makes it easy for customers to lay or back a whole market, and orders can be placed as ‘fill or kill'.
Markets and selections can be settled early allowing you to return funds to customers earlier for long term events, giving you the opportunity to benefit from faster customer re-investment.
The exchange only ever takes the minimum necessary funding for your customers orders in a market, allowing your customers more flexibility to place more orders.
Advanced FeatureOpenBet Exchange has these unique industry-leading features designed to attract customers to your site and build extra revenues:
- The option to automatically convert unmatched bets to standard fixed-odds bets when run by an OpenBet Sportsbook operator
- Group placement of orders allowing customers to easily lay a whole market, or to take advantage of arbitrage opportunities
- A wide variety of handicap bets including Asian and high-low
- Real-time customer and operator views of liability and exposure across markets
- Full audit trail of all orders and sophisticated reports help identify suspicious betting patterns
- High level monitoring tools to view and analyse all orders by value, customer, or market, as they are placed
Versatile, adaptable and profitableOpenBet Exchange can be set to run exactly as you wish, offering variable commission modules at both customer and event levels.
You can access a real-time view of your own and your customers' liability, as well as your exposure across all markets.
OpenBet Exchange can be used as a stand-alone application or for optimum effect in tandem with OpenBet Sportsbook.
OpenBet Exchange is multi-lingual and multicurrency and can be served to any platform including web, mobile and call centre, for maximum market penetration.
