Which Bonus System to Choose for Your Sports Betting Businesses

Which Bonus System to Choose for Your Sports Betting Businesses

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As the world of sports betting and iGaming continues to expand and more bettors/players are seeing the entertainment potential of the gaming industry, it’s important for operators to offer the best bonuses, tools, features, data providers, low latency, automation and content. This is how operators can set themselves apart on the betting market that’s increasingly competitive. 


Altenar, a sportsbook software provider, is able to offer flexibility and stability in its fully managed sportsbook solutions and with this in mind, your players will have access to tier-one products that they can access via their mobile, desktop and tablets. 


Having released its mobile application and a host of new features as the bell of the new year dolled, Altenar can take your iGaming business to the next level with its sportsbook solutions and here is a breakdown of what you can expect fr om the sports betting solutions provider. 


Let’s take a look at some of the features you can benefit fr om with Altenar and why to choose them…


The Bonus Tool | Altenar & You 


This tool will draw more players to your sportsbook offering and in turn your iGaming business. Around the world sports betting is one of the most popular verticals in gambling and has garnered generational pastime status in many global cultures throughout the years. 


With Altenar’s bonus tool, you can benefit from increased player satisfaction and as a result, increased player retention rates. 


Here is a list of what you can expect from the bonus tool:


  • Cashback on user demand (accessed through the betslip) 

  • Bet on pre-live events and get a risk-free bet once the event is live.

  • Ability to void bets (e.g:0-0)

  • Early payout 

  • Accumulator insurance 

  • Custom campaigns for VIPs 

  • Extensive rollover settings 

  • Bonus on specific client groups 

  • 24x7 coverage 

  • Enhance profitability  


0% Margin | Altenar’s Fully Managed Sportsbook Solution 


Additionally, Altenar has improved its 0% Margin feature that has seen great success and acclaim around the world, especially throughout Europe. 


As a feature that is vastly desirable for players and operators alike, what events and matches can you add this feature to? 


  • Soccer 1X2

  • Basketball money line 

  • American Football money line

  • Ice Hockey money line

  • Baseball money line

  • Tennis Match winner 


The 0% margin market is considered as a stand-alone market,  which doesn’t usually participate and cannot be combined with any other offers and promotions (e.g. accumulator bonuses and early payout).


As an operator you can create your own 0% margin with Altenar from the following list: 

  • The ADD EVENT tab allows you to sel ect the specific event you want to activate the 0% margin campaign for. 

  • PROMO EVENTS tab is used once the 0% events are selected in order to activate the campaign. 

  • Sport, Category and Championship filters assist the operators to spot the event they want to promote. 

  • Date range filters 

  • Fr om the list of events that meet the search criteria , sel ect the ones that you would like to promote with the 0% margin.


Bore Draw | Tier-One Sports Betting Supplier 


Altenar’s Bore Draw Money Back applies when someone places a bet specific to Soccer/Football. If that game or match finishes on a 0-0 result, and a player's bet loses, a full refund stake is available. Additionally if a bet was placed on a Bore Draw market and the bet predicted was 0-0 this would result in a winner status bet, and the winnings are credited to the player as usual. 


For example: Manchester Utd vs Southampton. Bore Draw is offered at the Correct Score Market.


For prelive bets, if the final score is 0-0 then selections of 0-0 are settled as won and any other Correct Score selections are settled as void. Bets can be placed on the following market types: 1x2, Correct Score, Halftime/Fulltime Correct Score, Halftime/Fulltime, First Goalscorer, Last Goalscorer and Anytime Goalscorer. 


The rules for Bore Draw are as follows: Place a bet before the start of the match, on the market types in the table above and, if the match ends in a 0-0 draw, your bet will be fully refunded.


The offer is valid for single, multiple, system and Bet Builder bets placed ONLY before the start of the match and not during the match. The refunds will be credited as soon as possible, once the match finishes. If, in the meantime, the player interferes with the bet in any way (for example cashout/partial cashout), the bet will no longer apply for the Bore Draw offer.


Early Payout | Sportsbook Solution Designed For You 


With the early payout, some selections of the match bet market are decided (and likely settled) before the final outcome of a market is actually decided.


The most classic case of an early payout is for the soccer 1x2 market wh ere many bookmakers offer a “2 Goals Ahead Early Payout”.


This means that if one team is up by two goals at any point during the game the selection of that team in the 1x2 market prelive should be settled as won.


Example:

Event: Juventus vs Inter. Early payout is offered.

Bets are placed on the 1x2 market. At some point, Juventus during the game lead 2-0.

This means that the selections of “1” in the 1x2 market should be settled as won for all prelive bets.

If the final score is 2-2, then:

  • Prelive Selections of “1” are settled as won

  • Live Selections of “1” are settled as lost

  • Selections of “X” are settled as won

  • Selections of “2” are settled as lost

The concept can work for other sport markets, like the winner market of Basketball or the winner market of American Football.


The applicable markets are: Soccer, American Football, Basketball, Tennis, Baseball and Ice Hockey.


Bet Builder | Constructed With Bettors In Mind 


Fr om strength to strength the sports betting software provider has witnessed tremendous success and a part of this is rooted in Altenar’s mantra; stability meets flexibility. Which informs everything the company achieves and believes, however, what can expanding on the Bet Builder feature add to an already top-of-the-range sportsbook solution? 


Altenar released its NBA bet builder and as a result saw an astronomical response. This is because Altenar’s sportsbook is allowing operators to offer a close-enough-to-touch experience for players, punters and gamers… With the addition of the NBA feature, Altenar are scoring fr om the three point line.


Bet Builder is a firm favourite amongst players, and Altenar has extended its current offering (Soccer) by adding NFL and Basketball and MLB. These editions to the Bet Builder feature will drastically increase your player's satisfaction and can even draw new bettors to your ever-expanding portfolio of content. 


With player retention and enjoyment in mind, Bet Builder is available on pre-live events only. Altenar has also added Player Special markets in its Bet Builder offering. This functionality can increase interactivity as it’s much akin to in-person betting. 


For the first time, Altenar’s Bet Builder function will allow your players to combine markets/bets on the same event!


Cashout | Bringing Flexibility To Your Players & Global Markets


With Cashout, the user does not have to wait for his bet to reach its natural conclusion, it will have the opportunity to follow its selections and make cashout at some point, at your choice. In order to cashout the bet, the functionality must be available and show the cashout amount for the bet. If the user wishes to cashout the bet, all he has to do is click on the button Cashout. 


With this feature your bettors now have the ability to engage in a more flexible, user-friendly betting experience with Altenar’s sportsbook solution. 


Altenar’s Technology | You & Sports Betting Solutions 


The Altenar Sportsbook has been designed from the ground up as a distributed set of stateless core services that can rapidly be scaled up and down to match end-user patronage. This allows the architecture to achieve:


  • Agility in development and deployment

  • Flexibility in hosting to meet jurisdictional requirements and high popularity events

  • Low-latency, efficient end-user experiences, delivered using intelligent internal caching and geographical data distribution

  • A high-degree of customisation possible across multiple channels through API-based services

  • High-availability and scale-out right across the stack


As well as, a host of must-have features… 


  • 24-hour trading and risk control

  • Ability to profile players 

  • Possesses the UKAS-Certification for ISO27001

  • Dependable technology

  • Deployment and agile development

  • Flexible hosting: accommodates legal requirements and highly attended events

  • Optimised end-user experiences with low latency all given through geographical data dispersal and sophisticated internal caching

  • Customisation to a high degree across many channels using API-based services

  • Scale-out and high availability throughout the stack

  • Early payout

  • Revamped cashout

  • Player props (NFL, NBA, NHL, MLB + more) 

  • Bonus engine

  • 0% Margin

  • Bore Draw

  • Player Specials

  • Premium cricket

  • Bet builder

  • Esports


The Edge Of Robust | Altenar & Your Players 


Altenar, a sportsbook software provider, is known for its customer-driven technology, wh ere the nuts and bolts of the ever-popular sportsbook are designed with the end-user in mind and the efficiency of the products for operators. 


Recently, and ahead of 2023, Altenar will be changing its once single-solution-front-end-frame to its new robust version, thanks to the implementation of widgets. 


With previous operator-chosen features like icons, colours, and some other aspects of the UX/UI, Altenar now offers its operators the ability to build their own front end wh ere widgets demonstrate components of the sportsbook most desirable to operators and their players.


It’s a major change for the sportsbook software provider and its partners, as the new robust front-end allows operators to have a unique front end/display, as well as having the widgets be accessible and changeable through the backend to allow for any changes in trends.  


The operator benefits from automatic updates inside of the widgets, access to previously loved and specific content like upcoming events and allows for greater brand identification thanks to greater differentiation through the widgets. 


As the sportsbook is no longer designed to demonstrate as a frame, operators can benefit from further flexibility in Altenar’s product. You can find one of many demonstrations of the new robust front end below. 


You can discover more about Altenar,  its technology and sportsbook solutions by contacting the team today!
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