Cashout Refactoring is a feature of Altenar’s sportsbook created to tackle both the fairness and reliability of various cashout options.
Focusing on real equity as well as intelligent margining, Cashout Refactoring produces an enhancement to a bettor's user experience whilst delivering a more optimised performance for operators.
This article explains how it works and the benefits it provides.
How Cashout Refactoring Works
The major flaws when it comes to cashout functionality are latency, valuation inaccuracies, and inconsistency in availability.
Implementing Cashout Refactoring can be used to address these shortcomings. By utilising real bet equity, operators can offer a high-availability system to calculate cashout offers.
It ensures any cashout offers made to bettors are transparent and based on actual risk and probability.
Cashout Refactoring implements a dynamic cashout margin that amends based on historical simulations. It creates a great balance between offering competitive cashout values whilst simultaneously managing profitability.
What Problems Cashout Refactoring Solves
Unreliable Availability: With bettors experiencing a delay or unavailability with cashout options, refactoring works to provide consistent and high availability.
Unfair Or Inaccurate Valuations: The implementation of some cashout tools can lead to static and simplified calculations, which do not always seem as logical to bettors. Cashout Refactoring's real bet equity provides fairer and more accurate cashout offerings.
Operational Inefficiencies: With fixed margins not always aligning with the figures outlined in actual risk, this dynamic margin amends in real time, which provides better management of margins.
Benefits Of Cashout Refactoring
Accurate Cashout Offers: Utilising real-time bet equity gives users greater confidence that their cashout options are fair in value.
Increased Availability: Providing a reliable cashout service ensures it is more readily available to bettors, especially during key games.
Smarter Margining: With Cashout Refactoring adjusting margins based on simulated risk scenarios, it maintains an operator's profitability without hindering user appeal.
Greater User Satisfaction: A greater level of trust and engagement from bettors is achieved by providing transparent and accurate cashout options.
Conclusion
Cashout Refactoring is a key component of any modern sportsbook. The use of real equity-based calculations along with high system availability helps to tackle a bettor's core user needs whilst also managing multi-level effectiveness for operators.
With the addition of various promotional benefits, it’s not just a technical upgrade - it’s a strategic asset for sportsbooks aiming to improve both performance and player satisfaction for all.
