Posts Tagged ‘best sports betting software’

GridGain® Helps FSB Technology Massively Scale Out and Accelerate High Performance, Real-Time Sports Betting …

FOSTER CITY, Calif., Feb. 13, 2018 (GLOBE NEWSWIRE) — GridGain® Systems, provider of enterprise-grade in-memory computing solutions based on Apache® Ignite™, today announced that London-based FSB Technology (UK) Ltd., which provides real-time sports betting platforms as a fully-managed service, is relying on GridGain Enterprise Edition to ensure real-time performance and scalability of their PostgreSQL-based system in the face of rapid growth and extreme processing spikes. The complete case study can be found on the GridGain website.

“GridGain has enabled us to provide a high performance, highly responsive, and highly available hosted platform for our partners,” said Sam Lawrence, CTO at FSB Technology (UK) Ltd. “GridGain is extremely flexible, works as advertised, and is vital to meeting our strict SLAs.”

Founded in 2007, FSB supports more than 500 casino and live dealer games, processes more than 700 bets per second, and transacts over £2 million in bets daily. The platform includes an automation layer to manage raw data feeds, proprietary live pricing models, bet placement, and liability management. It must also make huge amounts of constantly updated event data immediately available to a vast number of clients.

The GridGain in-memory computing platform, based on Apache® Ignite™, enables massive scale-out of data-intensive applications. The solution was deployed between FSB’s existing application and Postgres-based data layer, requiring no rip-and-replace. It provides dramatic improvements in transaction times versus architectures using disk-based databases while easily integrating with existing applications. GridGain utilizes a massively parallel architecture on affordable, industry-standard hardware, which allows the amount of RAM to be easily scaled by adding more nodes to the cluster.

“GridGain’s ability to dynamically add and subtract nodes in the cloud has been critical to cost-effectively scaling our business and meeting our performance goals, even during extreme usage spikes, such as the annual Grand National,” added Lawrence. “And distributing our cluster across multiple data centers has ensured availability.” With GridGain, FSB also easily spun up another instance of the in-memory computing platform for a partner that wanted to run on a dedicated instance of the managed service.

FSB has also taken advantage of the GridGain support services. “As we continue to take advantage of additional features of GridGain, we’ve had a number of questions about how to make our platform as efficient as possible,” said Lawrence. “With GridGain Enterprise Edition, we’ve benefited from GridGain Support having a deep understanding of our specific platform challenges and needs. From a developer’s point of view, it has been great working with a fully documented and supported technology that works exactly as promised.”

“Delivering real-time performance and massive scalability for managed and hosted services in the face of rapid growth is a challenge now faced across nearly every industry as web-scale applications are becoming pervasive,” said Abe Kleinfeld, President and CEO of GridGain. “The GridGain in-memory computing platform provides an essential solution to this challenge by eliminating the processing bottlenecks inherent in applications built on disk-based databases. In-memory computing enables simple, cost-effective scaling and real-time speed in an easy to deploy solution.”

About GridGain® Systems

GridGain Systems is revolutionizing real-time data access and processing by offering enterprise-grade in-memory computing solutions built on Apache® Ignite™. GridGain solutions are used by global enterprises in financial, software, ecommerce, retail, online business services, healthcare, telecom and other major sectors. GridGain solutions connect data stores (SQL, NoSQL, and Apache® Hadoop®) with cloud-scale applications and enable massive data throughput and ultra-low latencies across a scalable, distributed cluster of commodity servers. GridGain is the most comprehensive, enterprise-grade in-memory computing platform for high volume ACID transactions, real-time analytics, and hybrid transactional/analytical processing. For more information, visit gridgain.com.

CONTACT:
Terry Erisman
GridGain Systems
terisman@gridgain.com
(650) 241-2281

GridGain is a trademark or registered trademark of GridGain Systems, Inc. Apache, Apache Cassandra, Cassandra, Apache Hadoop, Hadoop, Apache Ignite, and Ignite are trademarks of The Apache Software Foundation. All other product and company names herein may be trademarks of their registered owners.

Article source: https://globenewswire.com/news-release/2018/02/13/1339577/0/en/GridGain-Helps-FSB-Technology-Massively-Scale-Out-and-Accelerate-High-Performance-Real-Time-Sports-Betting-Platform-as-a-Service.html

Playtech secures a multi-year online deal with SAS

Playtech, the world’s largest supplier of online gaming and sports betting software secured a trail-blazing deal with Sociedade de Apostas Sociais (SAS), Portugal’s largest online gaming and betting operator to offer its most contemporary IMS player management platform and new sportsbook offering.

SAS is first of its kind to bring on board such vast and diverse range of online products post the regulation of gaming and betting in the country prior to 18 months. The multi-year agreement will see to it that Playtech incorporates its award-winning data-driven IMS player management platform and single wallet functionality into SAS’s operation, powering its entire online offering.

The new SAS sportsbook Portuguese licence will see Playtech deploy its new and enhanced, comprehensive online and mobile sports betting platform supported by data feeds and risk and operational management services including retention, business intelligence and CRM. The Playtech BGT Sports (PBS) digital offering is a single, integrated solution for both desktop and mobile devices containing a state-of-the-art interface that will enable SAS customers to bet on the move or at home.

With a focus on simple navigation and in-play betting, the mobile solution meets the needs of all online bettors and maximises operator margins. PBS’s online solution makes betting entertaining and engaging for all users and enables players to rapidly find their favourite teams, leagues or markets. The new SAS sportsbook, powered by PBS, is planned to go live shortly with an exclusive online and mobile offering.

Shimon Akad, the COO, Playtech said: “New and emerging regulated markets are a key part of our growth strategy. Portugal is a significant territory in that growth plan, therefore we are delighted to have agreed on terms with SAS and to be integrating two core elements of the Playtech offering beginning with IMS and sportsbook.  This market has great potential and we’re excited to be at the forefront of gaming innovation and growth in Portugal.” he added.

Dr Armin Sageder, the CEO, Playtech BGT Sports (PBS), said: “This is a great milestone for PBS and shows the capabilities we have within Playtech as a powerful partner. We are dedicated to delivering and passionate about exceeding our partners’ expectations.”

About Playtech 

Playtech is a market leader in the gambling and financial trading industries. Founded in 1999 and listed on the Main Market of the London Stock Exchange, Playtech has more than 5,000 employees in 17 countries.

Playtech is the gambling industry’s leading software and services supplier and partners with many of the world’s leading regulated online, retail and mobile operators, land-based casino groups, government-sponsored entities such as lotteries, and new entrants opening operations in newly-regulated markets. Its business intelligence-driven gambling software offering comprises casino, live casino, bingo, poker, and sports betting.

It is the pioneer of Omni-channel gambling which, through Playtech ONE, offers operators and their customers, a seamless, anytime, anywhere experience across any product, any channel (online, mobile, retail) and any device using a single account and single wallet. It provides marketing expertise, sophisticated CRM solutions and other services for operators seeking a full turnkey solution.

Playtech’s Financials division operates both on a B2C and B2B basis. Its B2C focused offering is an established and growing online CFDs broker, operating the brand markets.com. Its B2B offering includes the division’s proprietary trading platform, CRM and back-office systems, as well as its liquidity technology platform which provides retail brokers with multi-asset execution, prime brokerage services, liquidity, and complementary risk management tools.

For further information, contact:

Playtech plc
Mor Weizer, Chief Executive Officer
Andrew Smith, Chief Financial Officer
c/o Buchanan Communications
+ 44 (0) 20 7466 5000

James Newman, Head of Investor Relations
+44 (0)1624 645954

Buchanan Communications
David Rydell

 

Article source: https://europeangaming.eu/portal/press-releases/2018/02/12/15429/playtech-secures-a-multi-year-online-deal-with-sas/

Get Bigger ‘Take’ From Sports Bets

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Five and one-half million dollars doesn’t even amount to chicken feed in the context of the billions of dollars wagered on sports every year in the United States. Yet that is one estimate, by some in the state Senate, of how much West Virginia government would get annually by legalizing the practice here.

State legislators are right to be working on a sports betting bill. As we have pointed out, the U.S. Supreme Court is expected to allow state-sanctioned sports betting later this year.

But this should not be a case of letting haste make waste.

Think about it: Under bills moving through both the state Senate and House of Delegates, the state’s five gambling casinos would be permitted to handle bets on sports events. They would have a monopoly on that.

After buying some computer hardware and software, the casino’s costs would be minimal. Much of the operation would be virtually automatic.

Casinos would have to pay $100,000 each for licenses to handle sports wagering, with renewals at the same price every five years.

While they are raking in the cash from sports betting, the casinos would have to pay state government just 10 percent of adjusted gross receipts.

No wonder so many who warn of the dangers of gambling note that the odds are always with the house. Ninety percent of the take certainly sounds as if the casinos, not the state of West Virginia, would win the pot on sports gambling.

Legislators should take another look at it. Surely the state’s “take” can be better.

Article source: http://www.theintelligencer.net/opinion/editorials/2018/02/get-bigger-take-from-sports-bets/

Playtech agrees ground-breaking multi-year online SAS deal

Agreement with Sociedade de Apostas Sociais (SAS), Portugal’s largest regulated online operator 

London: February 9th, 2018 – Playtech has agreed a ground-breaking deal to supply Sociedade de Apostas Sociais (SAS), Portugal’s largest online gaming and betting operator, with its cutting-edge IMS player management platform and new sportsbook offering.

Playtech agrees ground-breaking multi-year online SAS dealSAS is one of the first operators to launch such a wide range of online products following the country regulating gaming and betting 18 months ago.

The multi-year agreement will see Playtech integrate its award-winning data-driven IMS player management platform and single wallet functionality into SAS’s operation, powering its entire online offering.

The new SAS sportsbook Portuguese licence will see Playtech deploy its new and enhanced, comprehensive online and mobile sports betting platform supported by data feeds and risk and operational management services including retention, business intelligence and CRM.

The Playtech BGT Sports (PBS) digital offering is a single, integrated solution for both desktop and mobile devices containing a state-of-the-art interface that will enable SAS customers to bet on the move or at home.

With a focus on simple navigation and in-play betting, the mobile solution meets the needs of all online bettors and maximises operator margins.

PBS’s online solution makes betting entertaining and engaging for all users and enables players to rapidly find their favourite teams, leagues or markets.

The new SAS sportsbook, powered by PBS, is planned go live shortly with an exclusive online and mobile offering.

Shimon Akad, COO, Playtech said: “New and emerging regulated markets are a key part of our growth strategy. Portugal is a significant territory in that growth plan, therefore we are delighted to have agreed terms with SAS and to be integrating two core elements of the Playtech offering beginning with IMS and sportsbook. 

“This market has great potential and we’re excited to be at the forefront of gaming innovation and growth in Portugal,” he added.

Dr Armin Sageder, CEO, Playtech BGT Sports (PBS), said: “This is a great milestone for PBS and shows the capabilities we have within Playtech as a powerful partner. We are dedicated to delivering and passionate about exceeding our partners’ expectations.”

About Playtech 

Playtech is a market leader in the gambling and financial trading industries. Founded in 1999 and listed on the Main Market of the London Stock Exchange, Playtech has more than 5,000 employees in 17 countries.

Playtech is the gambling industry’s leading software and services supplier and partners with many of the world’s leading regulated online, retail and mobile operators, land-based casino groups, government sponsored entities such as lotteries, and new entrants opening operations in newly-regulated markets. Its business intelligence-driven gambling software offering includes casino, live casino, bingo, poker and sports betting.

It is the pioneer of Omni-channel gambling which, through Playtech ONE, offers operators and their customers, a seamless, anytime, anywhere experience across any product, any channel (online, mobile, retail) and any device using a single account and single wallet. It provides marketing expertise, sophisticated CRM solutions and other services for operators seeking a full turnkey solution.

Playtech’s Financials division operates both on a B2C and B2B basis. Its B2C focused offering is an established and growing online CFDs broker, operating the brand markets.com. Its B2B offering includes the division’s proprietary trading platform, CRM and back-office systems, as well as its liquidity technology platform which provides retail brokers with multi-asset execution, prime brokerage services, liquidity and complementary risk management tools.

For further information, contact:

Playtech plc
Mor Weizer, Chief Executive Officer
Andrew Smith, Chief Financial Officer
c/o Buchanan Communications
+ 44 (0) 20 7466 5000

James Newman, Head of Investor Relations
+44 (0)1624 645954

Buchanan Communications
David Rydell

Comments

Article source: https://calvinayre.com/2018/02/09/press-releases/playtech-agrees-ground-breaking-multi-year-online-sas-deal/

Inside the world of cycling’s betting tipsters

On a sunny day in Wallonia in 2014 Michał Kwiatkowski launches his bid for Flèche Wallonne glory up the Mur de Huy’s final steep ramp. He is out of the saddle and opens a gap. He sits down briefly as Irishman Dan Martin comes around to take the lead, victory agonisingly close, but mere metres later Alejandro Valverde blasts past on the other side of the road. He distances the other two, extends his arms and blows a kiss to the sky as Martin leads home the peloton in a surprisingly neat single file.

It was an exciting finish and if you watched it, that’s how you would likely remember the 2014 edition of the race. Unless you are Scottish maths teacher David Hunter, known to the public by his Twitter handle cyclingmole — one of the biggest cycling betting tipsters online. He wasn’t watching the front of the race. His eyes were fixed on the green Belkin jersey of Bauke Mollema.

“I had won a big bet earlier that week and I took the majority of those winnings and put it on one of those head-to-head bets — it was Mollema v [Jelle] Vanendert,” Hunter recalls. “Vanendert had come out the day before and said his knee was horrendous, ‘I can barely pedal a bike,’ and I’m watching it and he’s still at the front, and still at the front…

“I was focused on them and they rode up the climb side-by-side! One would go in front and then the next. My guy came across the line first but I had to rewind the race to see who won.”

Tour de France: Latest news, reports and race info

Hunter is one of a small but diverse online community of cycling fans that have turned their knowledge of the sport into a way to make money — sometimes a lot of money — through gambling. This global, connected group includes marketers, students, City workers, doctors and a software engineer, not all of whom take as keen an interest in turning a profit as Hunter, but they do all like to find, and exploit, the best bets against an often hostile set of bookmakers. Some are so expert at predicting and reading races that even the pros are interested in what they think.

As a tipster, Hunter charges a band of 50-70 subscribers for his tips. Prices vary through the season but Hunter’s fee of around £75 a month is typical. He’s coy on exactly how much he makes but says it adds up to more than his teacher’s salary.

“It’s 10 months, January to October; I didn’t charge the full price when I first started; it was £20 a month and I thought if I could get 10 people doing that it would be amazing and things grew and grew,” Hunter says.

He adds that the high price of his tips is partly to keep the number of subscribers low as the good odds from bookmakers disappear quickly and disappear even quicker if large numbers of people bet on them.

Betting on cycling results can pay good money, if you’re careful. Photo: ASO/Pauline Ballet

That’s probably why, Hunter tells CW, he had one customer make an extraordinary offer.

“He was a professional football gambler, that’s his job,” he explains. “He was going to pay me to make sure he got all the tips to himself. He made me a really good offer and he’s a good guy. I probably would have done it but my numbers increased significantly this year [2017] and that meant I was going to take a step back on how much money I was making every month. Also, then it would have been a job and become something not enjoyable.”

The joy of bets
Enjoyment is clearly central because since Hunter started gambling seriously the big wins have usually been spent on prizes: “I had a bizarre inclination I would buy things with the bets and they’d get a nickname in the house — I had a Mark Cavendish front door, I had a Tom Boonen coffee machine, my wife has a Nacer Bouhanni handbag.”

But Hunter is not the only one doing this. In an upmarket bierkeller in the City, Cycling Weekly meets Ian O’Sullivan, better known by his Twitter handle of cyclingbetting. He too sells his tips, though only for the Grand Tours at £30 a race. He started putting up his tips on the Kingston Wheelers online forum in around 2011 but in 2013 he set up his own website after teaching himself web design.

He says it is not a replacement for his day job as a marketing consultant but that he makes “several thousand” a year and if you had £10 on each one of his bets at the Vuelta last year you’d be up £2,000 — though he says the Giro lost money and the Tour broke even.

It’s not all about the money though — both O’Sullivan and Hunter express a deep love for the sport from a young age. “Cycling was popular in Ireland — where I’m from — at the time,” says O’Sullivan. “But nowhere near what it is at the moment. I used to put elastic bands around the pedals to pretend I had toe clips.”

Vuelta a España: Latest news, reports and race info

Hunter adds: “Like most people my age I grew up watching the Tour de France on Channel 4. Then Eurosport started coming over and I started watching more races. One of my favourite moments ever was with [Miguel] Indurain. I spoke a bit of French from school, and I remember the commentator shouting ‘Indurain lâché’ – I still remember that to this day.”

What is it that links all these people besides a love of the sport? Jesper Anker (@cyclinghubTV) was a Danish student when he became involved in this world when he started doing video previews for races, eventually joining up with Hunter. He knows everyone in this niche community and doesn’t hesitate to answer when we ask him what connects everyone.

“They all have an ego. Every single one of them thinks they’re the best,” Anker says. “They are much more nerdy than the rest of the cycling community.”

But Anker got into it for very different reasons. Sure, he wanted to make money but he wasn’t using his knowledge of the sport to bet, saying he prefers money in the bank.

“The whole point of doing the previews was at some point I could show an employer. This whole world is all about what sets you apart; everyone has the same qualifications but it’s all about the results. I’ve always had a big head, just like the other guys,” he admits. It’s a tactic that worked as he is now social media assistant at virtual cycling company Zwift.

Betting on lesser-known riders can bring good results, as the bookmakers may not know who they are. Photo: Yuzuru Sunada

Those egos come to fore most readily when it comes to the rivalry between O’Sullivan and Hunter — it’s fair to say they’re not big fans of one another. Rarely do the two interact these days since Hunter suggested on Twitter that O’Sullivan’s nickname should be ‘King w**ker’ in 2013 and O’Sullivan responded in kind with several expletives and calling Hunter a ‘parasite’.

When CW asks Hunter about the falling-out he brushes it off. “I always like to have pet hatred on Twitter; it keeps things interesting. It’s all in good fun. It’s not like there’s real beef there,” he says.

Bookmakers’ nemesis
CW isn’t sure O’Sullivan feels the same: “I don’t know what that guy’s problem is. He’s got a beef with everyone; he thinks he’s a self-proclaimed god of tipping.

“He was writing stuff that didn’t make any sense and I corrected him a couple of times and that’s what started it.”

One group that all of them are opposed to are the bookmakers. “It’s hard to get big money on because the bookies have restricted me across the board,” says O’Sullivan in a response echoed by everyone CW speaks to.

“You can’t avoid it. What’s massively frustrating for me is I’ll make my picks and almost as soon as I back them they’ll cut the price.”

The amount of bookmakers’ turnover generated by cycling betting is tiny compared to other sports. Photo: Yuzuru Sunada

He seems almost paranoid as he alludes to the bookies watching his account but given the size of the cycling betting market, which formed only a portion of the £2bn turnover of “other online sports betting” in 2016-17 compared with £7.5bn turnover in football and £5.8bn turnover on horse racing — it is maybe not unreasonable.

Hunter has a similar story: “Now I don’t bet at all myself because of bookmakers limiting me. That’s why I started charging, because I’m no longer able to get a bet on.”

O’Sullivan adds: “A lot of these guys setting the odds don’t really have a clue about cycling. There’s not enough money for the bookies to have a cycling guy; it’s usually another trader. Bet365 have a dedicated guy who’s the best in the industry. He’s always the first out with the most markets and generally pretty good with the odds. A lot of the time the others just copy him. Sometimes it’s so blatant that they’ll make a spelling mistake in someone’s name and they’ll put the same mistake in it,” he says.

Tour of Britain: Latest news, reports and race info

He continues: “I got really p***ed off last week in the Tour of Britain when Edvald Boasson Hagen ‘won’ the stage but was then relegated for blocking Elia Viviani. I backed Viviani but the bookmakers settle on the podium ceremony. I said: ‘You won’t find EBH as the winner… what you are doing is settling the race while a stewards inquiry is going on?’ If it suits their agenda, they go with it.”

CW contacted Ladbrokes, Bet365 and Paddy Power but they declined to comment. A spokesperson for William Hill said decisions to restrict customers were “exceptional and never routine” and that the company employed a specialist cycling compiler.

This distaste only adds to the joy when they win of course. “It was the Tour Down Under; it was a kind of re-freshers week at university so I was slightly intoxicated the whole week,” recalls upcoming tipster Jamie Haughey.

Simon Gerrans helped one cycling fan earn some money. Photo: Graham Watson

“I had [Simon] Gerrans for the stage that he won in the sprint where he beat Ben Swift and Giacomo Nizzolo. I had £50 for the win, and £50 each way, so £100 in total, and he was 66-1. I got that with BetVictor, as did David [Hunter] and several other people I think. BetVictor then pretty much shut down their cycling markets for the rest of the year until the Tour,” he recalls with just a little glee.

Haughey hopes to get a job in cycling or the media off the back of the previews he writes on his website and his tips. Like everyone who does this he puts in hours of research.

Gamblers could fix races by hacking into team radios and talking to riders, says new UCI president

“It’s almost a part-time job for me,” he says. “I’ll use official profiles but more often than not I’ll download the road books and use Strava or Velo Viewer to make my own — the road books aren’t always correct. Hopefully I get an edge that way and it helps me see the stage more and have a better understanding of it. I’ll then check the weather forecast and the wind for the possibility for echelons.”

There are other factors too that can prove surprisingly crucial. O’Sullivan says: “In the Vuelta, one day I put up my selections the night before and said who was going to win the stage and then I spotted that the next day it was Alexey Lutsenko’s birthday and it’s just one of those crazy things that guys want to get in the break on their birthday. I went straight on and updated the preview and said I’d seen that and he’s almost certain to get in the break and I wouldn’t be surprised if he wins that day.” He was second.

O’Sullivan adds: “It drives me nuts when you see a guy win and then his parents or girlfriend is at the finish line. You wouldn’t believe the amount of times guys win when their girlfriend has come from Spain or Germany. I’ll tweet a picture of the guy celebrating with his family with, ‘Why didn’t we know this this morning?!’ They get these extra watts from somewhere when they know their girlfriend or child is at the finish.”

Everyone has their methodology but few go as far as one man. “He is a math genius,” says Anker. “I call him Mr Moneyball.”

Mr Moneyball
Mr Moneyball — named after the film about US baseball coach Billy Beane, played by Brad Pitt, who gained success through in-depth statistical analysis — is actually Arjan Zoer, a Dutch software engineer and manager with the Dutch national grid.

In his spare time he’s built an in-depth race-predicting database that, using statistics, will account for form, the parcours and how the race will pan out, to predict the winner.

“I said to Jesper, ‘You’re giving me too many credits,’” he says when CW asks about the nickname. He then goes on to explain a little about how it works: “Take the Tour de France; every stage has its own profile so if it’s a flat profile someone who wins probably has a high number of sprint wins… So I created something that collates the results from the last four years — I have an algorithm that downloads them automatically.

“I use the UCI weight of the result. For instance, a WorldTour race has a higher difficulty and therefore has more points and a 1.2 has less points.

“I do factor in the form of the past six weeks; for me that’s a good correlation to the winner; someone who has had good results in the past six weeks.”

Non-WorldTour races like the Japan Cup can also provide a platform for betting. Photo: Yuzuru Sunada

But does it work? “There is always a chance that the break will make it but if the break doesn’t make it I will usually get the top five correct, but not always the order.”

He says it’s a constant mission to improve. He points to the races held in Asia towards the end of the season like the Tour of Quinghai Lake and the Japan Cup, both of which are rated Hors Catégorie by the UCI but attract a weaker field than European races in that category. When he started he hadn’t weighted his model to account for that; now he has.

“Every year I think of something to create on holiday and when the kids are playing on the beach I sit with my laptop and do it,” he says.

The drive to Excel
However, Zoer isn’t a big gambler, so why go to all the trouble? “I found it interesting that the Spaniards thought Alberto Contador was better climber than Robert Gesink. There are a whole bunch of cyclists that you don’t know much about and I wanted to try to get the emotion out of the equation and predict who would be good on a certain parcours.”

He’s not interested in making it a profession either, though he says he has had some enquiries from bookmakers, and he wouldn’t be averse to consulting for a team.

“I see it as sport,” he says. “I think I’m the geek of the bunch, they refer to me as the guy with the huge Excel spreadsheet. It’s quite a blokey environment, some bold statements and banter, but we do have some girls in our midst. It’s more, ‘I know it better than you do’. There is a lot of appreciation when someone gets it right, a lot of congratulations when someone predicts it well.”

The one set of people that might stand to gain the most from Zoer’s model are the riders themselves. Multiple riders already talk to Anker, Hunter and O’Sullivan. “They look at how I analyse their sprint stage and quite often they’ll say my analysis is more detailed than the one they get on the team bus,” says Hunter.



One of the most prominent of those riders is Ag2r Belgian rider Oliver Naesen, who has appeared on Hunter and Anker’s preview videos in the past.

“Before a race these guys watch the start list and they know who is who,” he says. “You don’t necessarily see all the riders beforehand so if some guy is sick you don’t know that. It’s nice to know a little bit more about the adversary that you’re up against; they give some insight that you don’t see on the start list.” Though he points out that riders are, quite understandably, not allowed to bet on the races.

The riders aren’t always the tipsters’ friend, however. Most people CW speaks to have a story of frustration with a rider for doing something unexpected that would be of little consequence if it didn’t affect their bets. O’Sullivan recalls frustration with Chris Froome after he sprinted to 11th place on the Vuelta’s final stage last year to claim the points jersey from Matteo Trentin.

Given those unpredictability, is it something any cycling fan could get into and make some money from? “Definitely not,” says Hunter. “This has been about 30 years of watching cycling and a certain level of dedication over three or four years and building up a knowledge of the sport.

“Don’t get me wrong, they can go on and get a bet, but doing that for a whole season is really hard,” He adds later, with just the hint of a joke: “I’m the Bradley Wiggins of cycling tips.”


Betting terms: a beginner’s guide

Accumulator: a series of bets where each has to be won to be paid out. The winnings from each bet roll over onto the next one.

Head to head: a bet that pairs two riders and you bet who will finish first.

On the nose: a bet to win — the term comes from horse racing.

Each-way bet: a bet for a podium place or a win. Odds are lower for the placing part of the bet, usually a quarter or a fifth of the odds to win.


Fun and games

#cyclinggame
While much of the online betting community revolves around odds and form it has plenty of lighter moments. Hunter runs a game in which his followers have to pick a slightly obscure rider and give them encouragement on social media throughout the season.

“There is a pretend points scheme,” says Hunter. “You get five if they favourite your tweet, 10 if they follow you.”

Matej Mohoric on stage seven of the 2017 Vuelta a España. Photo: Yuzuru Sunada

Though last year’s winner Warren Philips didn’t receive one interaction from his chosen rider Matej Mohoric, then riding for UAE Emirates, his persistence in tweeting him every day updating him on his own life — typical tweets were: “Payday in a couple of days @matmohoric a decent(ish) one this month @cyclingmole I’m thinking new overshoes and a new bike lock. Exciting eh?” — won him the championship, of which Hunter is judge. This year he is supporting EF Education First-Drapac sprinter Dan McLay.

Fantasy league
Zoer runs an intricate fantasy league, where players have to bid for riders in a draft at the start of the season and then the points from races each week are paired off between each player’s team, like football fixtures. For him it’s an opportunity to test his prediction model — he finished second in 2017 — and the winner gets £130. Hunter was second to last in 2017.

The original version of this article appeared in the February 1 2018 issue of Cycling Weekly magazine.

Article source: http://www.cyclingweekly.com/?p=368332

NJ Gaming Regulators Give Green Light To Sports Betting License Applications

It may never be legally allowed to issue them, but apparently the New Jersey Division of Gaming Enforcement is now inviting casinos, racetracks, and online gambling sites in the state to apply for sports betting operator licenses.

Prominent US gaming lawyer Jeff Ifrah claims to have heard New Jersey Division of Gaming Enforcement Director David Rebuck say as much while speaking at the ICE London international business-to-business gaming event this week.

In fact, Ifrah took to Twitter claiming Rebuck said operators who want to participate in the sports betting market should apply for a license now as the state is open to accepting license applications immediately.

PASPA, the NJDGE, and sports betting licenses

The NJDGE is a part of the New Jersey Department of Law and Public Safety. It was first established in 1977 to ensure the integrity of the casino gaming industry in the state. As such, it handles licensing, regulation, and oversight for all of the state’s casino and gaming operations, including NJ online gambling sites.

It would be the government agency responsible for issuing NJ sports betting licenses. That is, if the state were legally allowed to do so. It currently is not.

A federal law called the Professional and Amateur Sports Protection Act (PASPA) makes sports betting illegal everywhere except Nevada. Various sports lotteries in Oregon, Delaware, and Montana are also exempt from the law, having been grandfathered in.

New Jersey is currently challenging this law in the hope it will be allowed to open up a legal and regulated sports betting market inside the state.

In 2011, the state passed a bill legalizing sports betting at racetracks and casinos. However, major sports leagues in the US filed a lawsuit to stop it.

The new law was struck down in the courts, and after a series of appeals failed, New Jersey took another shot in 2014. Lawmakers passed a sports betting bill, the leagues filed suit, and the courts ruled against New Jersey again.

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NJ sports betting and the US Supreme Court

Further appeals were also denied, until the US Supreme Court agreed in June 2017 to hear the state’s case. The court heard oral arguments in December 2017. A decision will be released sometime this summer.

Most experts have New Jersey as a favorite to win the case. A victory would essentially give the state the legal right to issue the sports betting licenses it is now inviting operators to apply for. However, defeat would not exactly kill the idea.

In fact, the state’s hopes for opening up a sports betting market aren’t solely reliant on the Supreme Court.

Congressman Frank Pallone Jr. (D-NJ) has introduced legislation to Congress that would repeal PASPA. It would also set up the framework to allow states to legalize and regulate sports betting.

Plus, Representative Dina Titus (D-NV) has asked Congress to hold a hearing on the legality of sports betting.

Who will be the first to apply for a NJ sports betting license?

MGM and its Borgata Hotel Casino Spa are likely to be one of the first Atlantic City casino to apply for a sports betting license. It green-lit the construction of a $7 million sportsbook on the property this past November.

In the meantime, Betfair could become the first online casino to apply. It’s online gambling software platform provider GAN inked a deal with leading sports betting solutions provider SBTech last month. GAN will soon be making SBTech’s sports betting software available on its platform.

Article source: https://www.njgamblingsites.com/10522/nj-sports-betting-license-applications/

Global Daily Fantasy Sports Partners With Microgame In Italy

Global Daily Fantasy Italy

Companies looking to offer daily fantasy sports have their choice of paths into the market.

They can start from the ground up, building their own brand and rolling out a fresh product to the masses. That path can be successful, as DraftKings and FanDuel might tell you. But it comes with some enormous costs centered around acquiring and retaining customers.

Other companies choose to focus on the platform alone and allow other companies offer it for them. Business-to-business (B2B) providers are software specialists who license out their creations. By letting others operate it, they can dodge the financial burden associated with customer acquisition. And these white-label products can be a good solution for an established brand that needs technical expertise in a new vertical.

Global Daily Fantasy Sports is a B2B provider, and it’s trying to become a player overseas. The young company has been signing deals in the hopes that its product can work in European markets.

Global DFS partners with Microgame

This week, Global and Microgame announced a two-year partnership to bring DFS to more customers in Italy.

Microgame began life in 1999 and has since grown to become Italy’s largest “gaming services provider.” Its products are licensed to almost a hundred different brands with a reach of around 650,000 customers. Most of them play online poker and bingo.

Global will now deliver its games to all of Microgames’ clients under the new partnership. The combined product should roll out in time for the 2018 FIFA World Cup. Global’s contests are also available for golf.

Global’s other partnerships

Global entered the market with $8 million of private funding and a game plan. The company announced its launch alongside a partnership with NYX Digital Gaming. NYX has since been acquired by Scientific Games in a move aimed at the future US sports betting and online gambling market.

For now, Global’s focus is still on Italy specifically and Europe more generally. The daily fantasy sports industry has not yet seen real success around Europe, despite the presence of DraftKings in several markets.

Last year, the company acquired another DFS operatorMondogoal had existing partnerships with two other major Italy gaming entities, Lottomatica and Sisal. Global inherited those relationships via acquisition.

It now has considerably more reach than that with the addition of Microgame’s network.

Executives weigh in

Executives from both companies gave their thoughts in a press release issued by GDFS. CEO Darcy Krogh indicated that Global sees strategic value in its new partner:

This single integration gives all their brands access to our unique Daily Fantasy product and network and we’re excited to have them join. We are committed to growing our presence in this key market, and our partnership with Microgame is a very positive step for Global in pursuing this goal.

Microgame General Manager Marco Castaldo echoed those thoughts on his end of the deal:

We are very excited to launch Daily Fantasy Sports with Global. Microgame already manages the leading poker and bingo networks in Italy, and we expect the excellent Global games and our combined liquidity to drive growth in this very promising but currently underdeveloped vertical.

Article source: https://www.legalsportsreport.com/18252/global-dfs-parters-with-microgame/

Sirplay – Roberta Belfiore – The shift towards cryptocurrency

Maltese software house Sirplay is a firm in the ascendancy. The sportsbook and gaming software company has started 2018 strongly with a number of high-profile product launches and partnerships, none more so than a recent deal with the Google Cloud platform. We caught up with Roberta Belfiore to find out more.

Totally Gaming: Hi Roberta. Firstly, how important is speed when it comes to the Live betting offering?

Roberta Belfiore: Speed is the main element when it comes to Live betting. Indeed, a big piece of Live betting popularity is the chance of an immediate gratification. Everything needs to happen in very few seconds and the load capacity is the other cornerstone. As a matter of fact, everybody has minimum two devices – often even more than two considering tablets, smart TVs, etc. – and this is becoming a real concern for bookmakers.

The new Live betting module provided by Sirplay has been developed as the fastest available on market, reducing the down times and cutting the economic losses due to servers overloads; supporting up to 2 million users and 40.000 transactions per second!

TG: Do you believe there is potential to bridge the gap between DFS and sportsbook betting?

RB: Daily Fantasy Sports and sports betting are two separate categories, I don’t think there is a gap to bridge actually. They are simply different and one doesn’t exclude the other. In my opinion, they can coexist as two separate gaming solutions where one could complete the other for an ultimate experience, mixing the real leagues’ fan with the ones willing to manage their fantasy team.

On the other side, if we are talking about popularity,of course, there are countries where the gap is massive since DFS hasn’t taken over yet. A lot depends on the market capability to accept news and innovations, together with the insight of the DFS companies to widen their sales channels.

Probably, DFS potential hasn’t been understood in full yet, but its numbers show a constant growth, mainly in countries with a North American influence.

TG: How far into the future to depict that Bitcoin sportsbooks could become a normality?

RB: Cryptocurrency is already becoming a normality, little by little. As a proof, many new virtual coins have been released lately. Despite this, the most important step in this process of normalizing all cryptocurrencies – and in particular the most popular ones like Bitcoin, Litecoin and Ethereum – depends on regulators and governments.

Since last year, we understood the importance of working with cryptocurrencies and decided to start integrating them into payment methods. This was our way to take sides on the matter, for us the future is already normality.

TG: Could you outline some of the steps that need to happen for a cryptocurrency sportsbook to be truly feasible?

RB: Basically, the first steps are the same of a classic sportsbook software license. Then, the first thing to do is defining the main cryptocurrency and keep track of the limits imposed by anti-money laundering legislation, given the virtual currency volatility. There needs to outline a few unambiguous rules to limit withdraw and payment and pay attention to the cryptocurrency activated on the betting platform, otherwise the line between the sportsbook software and the trading platform will reduce more and more.

Sirplay accompanies its clients towards the cryptocurrency, helping them in lower the problems due to the virtual coin volatility in order to avoid financial speculations. In addition, we help the customers keeping track of the daily currency value to avoid exceeding the limitations imposed by law. And this doesn’t apply only for Bitcoin but for all the other hundreds of cryptocurrency.

Article source: https://totallygaming.com/news/features/sirplay-roberta-belfiore-shift-towards-cryptocurrency

Metric Gaming unveils best-of-breed horse racing service

Betting technology pioneer to showcase new product at ICE following golf success

Metric Gaming Unveils Best-of-Breed Horse Racing ServiceFebruary 5, 2018 – London (Press Release): Metric Gaming, the sports betting technology, software and services company, is to showcase its pioneering new managed horse racing service at this year’s ICE Totally Gaming event in London.

The company successfully launched the industry’s first standalone, fully managed, end-to-end golf service last year, and in 2018 is responding to customer demand by switching its attention to racing.

With the golf product having demonstrably been the market leader in the vertical over the last 12 months, the racing service will follow the same line, boasting competitive product breadth and depth, innovative content and trading and risk management best practice.

Working with major data rights owners and suppliers, Metric’s racing service provides clients with a breadth and depth of meeting coverage comparable to industry leading operators.

Metric’s scalable technology and London-based expert trading and risk teams are well placed to deliver a profitable, cost-effective, tailored racing service to any brand seeking to compete in the UK, or established operators looking to improve the profitability on their racing business.

“Metric Gaming is a B2B supplier that prides itself on thinking like a B2C operator,” said Jim Supple, COO at Metric Gaming. “This philosophy enables us to be more effective partners and subsequently drives our product development.

“Our golf product led the field in 2017, offering more market types across more events than any other operator whilst delivering a very healthy margin for our customers. Now we seek to bring our partners the same results for their racing offering.”

Metric’s global executive team will be showcasing the company’s industry-leading range of sports betting technology and services at the ExCeL from February 6-8.

Looking ahead to another year of ascendency for Metric Gaming, the company’s representatives will be giving further details about a proprietary football (soccer) product to be available during Q3.

The company’s eagerly anticipated complete sportsbook solution, as provided to VirginBet, is also to launch in a few months’ time.

“2018 will be another fantastic year for Metric Gaming as it continues its expansion within the sports betting technology market,” said Supple. “We are eager to display our fantastic products and ambitious plans when we meet potential new customers and existing partners at ICE.”

Metric Gaming will be exhibiting at stand S2-247 at ICE 2018 from February 6-8

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Article source: https://calvinayre.com/2018/02/05/press-releases/metric-gaming-unveils-best-breed-horse-racing-service/

UltraPlay appoints new leadership

Advanced betting solution provider UltraPlay has announced the appointment of a new Chief Executive Officer starting of Q1 2018. The decision was taken by the Management board jointly with Dariy Margaritov, who has successfully led the company since its foundation in 2010 as a founder and CEO. Mr. Margaritov steps down of the CEO position and will continue to provide his profound knowledge and expertise in the gambling and crypto industry as an advisor to the company.

UltraPlay appoints new leadership

Mr. Mario Ovchar and Mr. Peter Ivanov

Mr. Margaritov will focus on the development of a number of crypto-related projects as well as the implementation of the Blockchain technology in the iGaming industry. Last year, the company announced the Blockchain-based project eGold – an eSports betting cryptocurrency, and its Initial Coin Offering presale, which started on February 1st and already sold out more than half of the presale tokens during the first day of the presale. The crowd sale will be held from February 18th until March 18th.

Dariy Margaritov, founder of UltraPlay said: “Mario Ovcharov is a perfect example of a top manager who has successfully made his career within the company. He brings an incredibly deep understanding of our business, proven track record and strategic approach that will certainly lead UltraPlay to the next successful milestones.”

Mario Ovcharov added: “As part of UltraPlay’s family, I have been deeply involved in most of the company’s projects and developments that are described in the industry as innovations and avant-garde solutions. UltraPlay has a deserved reputation as a leading eSports betting solutions provider and I am determined to continue the company’s growth and establish its leading positions on the core and emerging iGaming and crypto markets worldwide.”

Along with Ovcharov’s appointment as CEO, Peter Ivanov will broaden his capacities as Head of trading. In his new role, he will deal with sports and eSports betting managing the in-house team of traders and following the company’s mission to offer highest quality products, widest games coverage, and unrivaled betting data to the iGaming operators. The company has recently announced its plans to further expand its sports betting portfolio, developing new betting functionalities as well as US sports dedicated branch for all sportsbooks ready to step up on to the next level.

Peter Ivanov said: “We are in an excellent position to capitalize our growth, leadership and serve as integrity partner to the sports betting industry. We are going to do so for sure in the upcoming months by our continuous innovation and passion for delivering superb betting options.”

The company’s team is ready to meet all delegates interested in the eSports and sports betting solutions, live betting, iGaming platform, white label solutions, online casino and crypto projects during ICE Totally Gaming, 6-8 February, London at booth #S1-110.

About UltraPlay:

UltraPlay is a modern technological company, founded in 2010, with the core ambition to offer an innovative approach to the online gaming industry by providing advanced betting solutions, focused on eSports, sports betting, casino, live betting and bitcoin.

Assembled by a team of iGaming professionals with vast experience in betting product development, operations, eSports and marketing, UltraPlay is a trusted partner for delivering superior sports software and odds products to its customers. Learn more about the company here: www.ultraplay.co

Press contact:

Lyubomira Petrova
PR and Marketing Manager at UltraPlay
Email: l.petrova@ultraplay.co

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Article source: https://calvinayre.com/2018/02/05/press-releases/ultraplay-appoints-new-leadership/