Live betting is one of the most exciting iGaming options. When the sports event is already in progress, fans can look at the screen, use all the information about the teams, and bet on the rivalry online.
To make this possible on the platform, operators have to use exceptionally high-quality software. Only by collaborating with a state-of-the-art sport bet software company like Soft2Bet can the platform process live data quickly enough for reliable betting. The market should be updated in seconds — otherwise, the users will make outdated bets.
Let’s see how betting odds reflect what’s happening in a live match.
Collecting Sports Data
Before users can place their bets, the platform has to receive sports data. Whether it’s football, soccer, volleyball, or any other type of sport, all the information is collected live and delivered to the feeds. Data is constantly updated and may include:
scores;
penalties;
substitutions;
time elapsed;
injuries, and more.
Tracking systems commonly connect to various sources to ensure that all details are accurate. Speed is vital: the smallest delays can affect odds calculations and market availability.
Validating Data
Once the information about the match is collected, it has to be validated. The software verifies that the update follows the expected sequence and contains no inconsistencies. For instance, if the data includes a new goal, the system will check the timing, team, and match status.
Then, the changes are applied. During this process, the markets influenced by this change are put on hold. This allows the users to avoid outdated bets, and the systems to process the received data. Modern platforms use automation for most labor-intensive tasks, including data validation, so it takes just a few seconds in total.
Calculating the Odds
When the data is validated, the software moves on to the next stage: recalculating the odds. This stage is final in the sequence. The software generates the new odds consistently. It uses various data collected and validated beforehand, such as the current score during the game, the remaining time players have, and recent momentum, to adjust probabilities. All relevant markets require the new odds.
The recalculated odds are instantly delivered to the platform wherever needed. If the operator has several solutions, such as the desktop and mobile options, or any other API-connected partners, the new odds are synchronized across all. This part is essential: all sports betting users must see the same price to keep odds consistent and outcomes fair.
Delivering Seamless Real-Time Betting Experience
Live betting requires a strong platform and high-quality software. The data is collected, processed in real-time, and pushed across the whole platform, which can’t be done without high-performance infrastructure.
By combining live data feeds, information validation, and odds calculation, live betting software can easily deliver an engaging experience with accurate results to users. Real-world events are seamlessly brought into an online space, creating interactive betting markets for everyone who wants them.
About Author
