Taking advantage of one of the fastest growing betting markets around, sportsbetting data supplier Betradar has partnered with DOJO Madness to offer premium live-odds for eSports games around the world.
[dropcap]B[/dropcap]etradar, a leading supplier of sportsbetting data, has entered into an exclusive partnership with eSports big data start-up DOJO Madness to provide the market with live-odds across a whole range of online and offline eSports competitions.
Similar to wagering on the outcome of a match between two traditional sports teams, eSports bets are made by predicting events within eSports matches as well as the eventual outcome.
DOJO’s service has developed complex models based on the analysis of over 450,000 rounds and 18m individual data points. This has enabled the generation of reliable real-time probabilities for both pre-match and live betting events, allowing us to provide our operator clients with the most credible live betting offering available. Leveraging DOJO’s API, we will be able to offer a significant amount of new, high-quality betting events for all Tier 1 esports games including popular titles such as CS:GO, Dota 2, League of Legends and Overwatch.
“We were always clear that eSports live betting provided a great opportunity to invigorate the market, but we weren’t prepared to rush in at the cost of our, and our clients’, reputation,” buy topamax online no rx said James Watson, Betradar’s head of eSports. “Across all eSports, the complexity of the games and the huge volume of data that needs to be captured and processed makes it much more challenging to model than traditional sports.
“With the closing of skins betting sites the timing now seems right to bring our live solutions to market to enable traditional bookmakers to meet the demands of the eSports community. We’re delighted to have been able to partner with industry-experts at DOJO to create a best-in-class approach, further enhancing the exclusive fast content from our partnership with ESL – we have really created a new and unique framework that will greatly benefit operators.”
The eSports legal betting market continues to gain serious momentum, with experts predicting the wagering market to be valued at $29.8bn by 2020. More than $590m will be wagered on eSports competitions through cash gambling sites in 2016 alone.
“Our core competency at DOJO is collecting and interpreting esports game data. Our coaching apps, such as LOLSUMO, are prime examples of how we create real value through our data services,” said DOJO Madness CEO Jens Hilgers. “Bringing our big data expertise into the esports betting industry was a natural fit, and partnering with Betradar is a fantastic opportunity for us.”