Betswap

We partnered with Malta-based company, BetSwap, LTD., to bring their technology, enabling sportsbooks to offer secondary market sports bets to their customers. The BetSwap platform enables sportsbook customers to sell or buy a bet on the BetSwap secondary market. Sellers control how much their bet price. Buyers can browse the marketplace to find bets no longer offered by the sportsbook and purchase them. BetSwap uses an advanced price prediction algorithm to suggest the perfect price for Sellers to sell a bet at, to ensure that value is maximized and the sale is quick. BetSwap will also display the better odds analysis to ensure the Buyer understands the benefit they are receiving in purchasing each bet. What makes this capability great for customers is that bettors can directly participate in a BetSwap marketplace, finding buyers for sports bets, for example, made at odds no longer available to customers of their sportsbook. This locks in the cash out for the seller before the expiration of their bet slip. This is a level of flexibility that empowers sports bettors with more options and incremental revenue on secondary market transactions for the sportsbook.