Event Trading Tools are an enhanced and innovative addition to Altenar's powerful Trading Manager system.
Created with the aim of providing operators with the ability to have more intense and drilled-down control over individual sporting events, they allow additional levels of customisation, precision, and flexibility.
By implementing Event Trading Tools, operators can now fine-tune their sportsbook with unmatched accuracy, and create specifically-tailored betting experiences based upon factors such as operational needs, market conditions, and customers' individual profiles.
How Event Trading Tools work
Event View provides sportsbook operators with the ability to manage settings at individual event level without limiting it to broader championship-level configurations. Through the Trading Manager interface, operators are now able to:
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Apply custom trading templates for each event.
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Adjust event-specific limits and status settings.
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Configure various market-level options such as custom margins and manual odds.
This event-specific management tool allows operators to respond to altering betting dynamics, marketing strategies and industry regulation changes in real time.
Problems Event Trading Tools solve
The Event Trading Tools combat numerous common operational challenges by providing direct, specific, event-focused control and eliminates issues such as:
Lack Of Granularity: Prior to the tool, the ability to configure various offerings for different events was only available at the higher ‘Championship’ level. Now Event Trading Tools provide the ability to fine-tune what an operator provides for each event.
Inefficient Risk Management: Event Trading Tools allow operators to set custom limits or alter the level of exposure for specific events. This eliminates the additional risk that comes with events with increased volatility.
Inflexible Odds Control: Previously operators found it difficult to intervene in market pricing for individual events, especially during fast-paced trading environments. The Event Trading Tools provide operators with far greater control.
Benefits of Event Trading Tools
Greater Customisation: Event Trading Tools grant operators the capability to apply individual settings for high-profile events that also come with greater risk. They provide precise user experiences that aid dynamic operational strategy, and tighter control of liability.
Real-Time Adjustments: This enables manual odds settings that give traders more power to instantly react to factors that may impact odds and pricing such as market shifts, injuries and news.
Optimised Profit Margins: With the ability to customise margins for individual events, operators now have increased power to manage their competitiveness across numerous market conditions, thus enhancing profitability.
Efficiency: Previously traders were limited to applying broad changes, but now they can focus on specific events or markets so that adjustments can be applied to where they are required most. This also removes time spent on non-essential changes in other areas that may not be required.
Conclusion
The Event Trading Tools signify a huge advancement in the ways sportsbooks can be managed to a more micro level. It gives operators the tools to navigate a more complex and competitive environment with precision and detail.
Whether it's setting customisable prices for a major event, race or match or tightening risk parameters for volatile events, operators now have the precision control they have long been waiting for.
