Live Betting Software

Live betting software became increasingly popular in recent years, and that is primarily because of the growing demand for live betting options. Players now want to see through the games, following the games as they commence and watching to the end.

The right live betting software can be of immense benefits to both the operator and the players. On the part of the players, it is a perfect opportunity to adjust their bets as the game unfolds. On the part of the operators, using live betting software introduces variety to ensure that the players are entertained from different angles.

We have calculated a few factors you need to have in mind before choosing live betting software.

Choose the Best Software Developer

The live betting software is developed by a brand or company that specializes in offering sportsbook solutions. View this link to learn more about it.

When choosing the developer, these are the factors to consider:

• Find out the number of years the developer has been in business.
• How many live betting software has the company developed for sportsbooks?
• What are the past clients saying about the developer?
• What is the price range offered by the company?
• Find out where the company is registered and whether it is keeping up with the regulatory policies.

Check the Design of the Software

The design of the live betting software is another important factor to consider. This is important because most players are moved by what they see and that is why the software needs to be appropriately designed.

Here are some important factors to consider when choosing live betting software by the design:

• The software developer should offer custom design so you can include most of the features the customers need.
• The software should have several templates.
• It would be great if customization tools are included for fine-tuning the software, even if you are not an expert.

A Diversity of Sports

The live betting software should also offer lots of sports. Players want to watch the sports live and adjust their bets accordingly for an increased chance of winning.

By offering a wide variety of sports, the software would be making that possible. This includes the inclusion of real-time betting options so the players can watch the actions as they happen.

Geo-Dependency

Admittedly, your sportsbook may not be legally permitted to offer online gaming services to everyone. This ranges from location or jurisdiction restrictions to cutting off some age brackets.

To that end, consider choosing software that is geo-dependent. This makes it a lot easier to cut off underage players, offer personalized services by detecting the location of the players and offering local payment options.

Advanced Security

The use of Secure Socket Layer (SSL) Certificates to protect the information on sportsbooks is gradually giving way to advanced security models.

Today, you can find live betting software that is compatible with sportsbooks built on blockchain. As you prepare to choose the software, also ensure that your website is well-protected. If possible, hire professionals to include the trio of private keys, smart contracts and distributed ledger to improve the security of your sportsbook.

Support

The support you will get is not limited to reaching out to the customer support department of the software company to resolve an issue. It also includes other important aspects where you need help to get the live betting software up and running on your sportsbook.

The first support you need is to obtain a license from the regulatory agency in the jurisdiction you want to operate. Most of the time, the software development company has connections in the right places to help you get the license. Besides, the software developer must have previously deployed the software and confirmed whether it could be passed for a license in specific jurisdictions.

The software developer should also be actively involved in updating the software. These updates are required both when bugs are to be fixed and when the software needs to be upgraded for better functionalities. Ideally, the developer should make occasional checks for bugs and update the software every 3 to 6 months.

Last but not least, the live betting software should offer excellent customer support. Both you and the customers (players) need to contact the customer support for clarifications on issues, debugging the software or navigation.

Consider the Cost of the Software

We saved the best for the last. It is pertinent to consider the cost of purchasing the software. Already, you must have made a budget. Try to stick to it, except you felt it was important to increase the budget to cover other important features to be added to the software.

Final Thoughts

You are now one step closer to choosing the best live betting software. Go through the important factors to consider that we pointed out so you will know what to look for, and the impacts that would make in improving the functionalities of your sportsbook.