Altenar streamlines bet acceptance process with new proprietary algorithm

Altenar has strengthened the live betting capacity of its sportsbook thanks to the release of a new intelligent bet acceptance logic, which locks in place odds while players are compiling their bets.

Thanks to the unique algorithm devised by Altenar, bets can still be placed if there is no significant change to the odds. This means players will not be forced to restart the betting process.

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 changed during a bet delay. As a result, almost all live bets are accepted given that there is no fundamental change in the events.

The acceptance criteria are fully customisable, allowing operators to tailor the solution based on their strategy, and the new bet acceptance function is proving to be one of the most robust solutions in the industry.

This is the latest upgrade to Altenar’s sportsbook following on from other recent enhancements, including a major improvement to the Bet Boost tool, a new Rewards System promotional feature, plus a significant uplift to the esports offering including a standalone lobby.

Dinos Doxiadis, Altenar’s Sportsbook Product Development Manager, said: “We are happy to present another innovative solution, this time tackling one of the oldest problems of the industry.

“Our new bet acceptance algorithm, combined with our dynamic live bet delay, provides a very compelling solution to this problem.”

To learn more about how all these products can help your brand grow, head to Stand C20 at SBC Summit Latinoamerica or book a meeting with the Altenar team.