Altenar has launched a new intelligent bet acceptance logic which locks odds in place while players are compiling their bets.
In strengthening the live betting capacity of its sportsbook, the newly devised unique algorithm means that bets can still be placed if there is no significant change to the odds, therefore players will not be forced to restart the betting process.
Dinos Doxiadis, Altenar’s Sportsbook Product Development Manager, commented: “We are happy to present another innovative solution, this time tackling one of the oldest problems of the industry.”
Altenar’s new approach to bet acceptance is designed to improve the user experience by minimising the number of bets which are rejected due to a live bet delay.
The proprietary algorithm ‘filters out the friction’ caused by sudden odds changes and allows the users to place bets on the prices they initially selected, even if the odds change during a bet delay.
The provider emphasised that as a result, almost all live bets are accepted given that there is no fundamental change in the events.
“Our new bet acceptance algorithm, combined with our dynamic live bet delay, provides a very compelling solution to this problem,” Doxiadis concluded.