Sportsbook Features Guide: Cashout Refactoring

Sportsbook Features Guide: Cashout Refactoring

Share this article

Cashout Refactoring is a feature of Altenar’s sportsbook created to address both the fairness and reliability of various cashout options. 


Focusing on real equity as well as intelligent margining, Cashout Refactoring enhances a bettor's user experience while delivering a more optimized 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 utilizing 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 adjusts based on historical simulations. It creates a great balance between offering competitive cashout values while 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 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 adjusts in real time, which provides better management of margins.


Benefits of Cashout Refactoring


Accurate Cashout Offers: Utilizing 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 address a bettor's core user needs while 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.



Previous Next

Related articles

  • Altenar partners with Rise & Hustle to launch new sportsbook offering

    Altenar partners with Rise & Hustle to launch new sportsbook offering

  • Sportsbook Features Guide: 24/7 Trading

    Sportsbook Features Guide: 24/7 Trading

  • Altenar empowers operators and players with new sportsbook features

    Altenar empowers operators and players with new sportsbook features

  • The Future of iGaming: Integrating Online Casino and Sportsbook Experiences

    The Future of iGaming: Integrating Online Casino and Sportsbook Experiences

  • Altenar partners with ‘gold standard’ data provider Opta for soccer player props and live match tracker

    Altenar partners with ‘gold standard’ data provider Opta for soccer player props and live match tracker

  • Getting to know you - John Quaye

    Getting to know you - John Quaye

  • Sportsbook Guide: Player Segmentation And Risk Profiling

    Sportsbook Guide: Player Segmentation And Risk Profiling

  • Getting to know you - Albert Urbanovich

    Getting to know you - Albert Urbanovich

  • Cross-Platform Sports Betting: Delivering a Unified Experience Across All Devices

    Cross-Platform Sports Betting: Delivering a Unified Experience Across All Devices

  • Getting to know you - Darren Willenberg

    Getting to know you - Darren Willenberg

  • Getting to know you - Konrad Pizzuto

    Getting to know you - Konrad Pizzuto

  • How Tech is Silencing Illegal Offshore Gambling

    How Tech is Silencing Illegal Offshore Gambling

Fill out the form and we’ll be in touch as soon as possible

Follow 3 simple steps to fill out the form

  • 1

    Details

    Step 1
  • 2

    Contacts

    Step 2
  • 3

    Info

    Step 3

Choose enquiry and fill details

1 / 3
Enquiry Type

This form collects your data so that we can correspond with you. Read our Privacy Policy for more information

  • 1

    Details

    Step 1
  • 2

    Contacts

    Step 2
  • 3

    Info

    Step 3

Contact info

2 / 3
How can we reach you?

This form collects your data so that we can correspond with you. Read our Privacy Policy for more information

  • 1

    Details

    Step 1
  • 2

    Contacts

    Step 2
  • 3

    Info

    Step 3

More information you want to tell us

3 / 3
How did you hear about us?
Region of Operation
Do you already have a sportsbook?

This form collects your data so that we can correspond with you. Read our Privacy Policy for more information