As the world of sports betting and iGaming continues to expand and more bettors/players are recognizing 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 in 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 tolled, Altenar can take your iGaming business to the next level with its sportsbook solutions and here is a breakdown of what you can expect from the sports betting solutions provider.
Let’s take a look at some of the features you can benefit from 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:
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Cashback on user demand (accessed through the betslip)
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Bet on pre-live events and get a risk-free bet once the event is live.
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Ability to void bets (e.g:0-0)
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Early payout
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Accumulator insurance
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Custom campaigns for VIPs
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Extensive rollover settings
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Bonus on specific client groups
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24x7 coverage
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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?
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Soccer 1X2
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Basketball money line
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American Football money line
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Ice Hockey money line
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Baseball money line
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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:
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The ADD EVENT tab allows you to select the specific event you want to activate the 0% margin campaign for.
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PROMO EVENTS tab is used once the 0% events are selected in order to activate the campaign.
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Sport, Category and Championship filters assist the operators to spot the event they want to promote.
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Date range filters
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From the list of events that meet the search criteria, select 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. Refunds will be credited as soon as possible, once the match ends. If, in the meantime, the player interferes with the bet in any way (for example, cashout/partial cashout), the bet will no longer qualify for the Bore Draw offer.
Early Payout | Sportsbook Solution Designed for You
With early payout, some selections of the match bet market are decided (and likely settled) before the final outcome of a market is actually determined.
The most common case of an early payout is for the soccer 1x2 market where many sportsbooks offer a “2 Goals Ahead Early Payout.”
This means that if one team is ahead 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 leads 2-0 during the game.
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:
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Prelive selections of “1” are settled as won
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Live selections of “1” are settled as lost
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Selections of “X” are settled as won
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Selections of “2” are settled as lost
The concept can also apply to other sports markets, like the winner market of Basketball or American Football.
The applicable markets are: Soccer, American Football, Basketball, Tennis, Baseball, and Ice Hockey.
Bet Builder | Constructed With Bettors in Mind
From 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. This informs everything the company accomplishes and believes in. But what can expanding the Bet Builder feature add to an already top-of-the-line sportsbook solution?
Altenar released its NBA Bet Builder and, as a result, saw an overwhelming response. This is because Altenar’s sportsbook allows operators to offer an almost tangible experience for players, punters, and gamers… With the addition of the NBA feature, Altenar is scoring from the three-point line.
Bet Builder is a firm favorite among players, and Altenar has extended its current offering (Soccer) by adding NFL, Basketball, and MLB. These additions to the Bet Builder feature will significantly increase your players' satisfaction and can even attract new bettors to your growing portfolio of content.
With player retention and enjoyment in mind, Bet Builder is available on prelive events only. Altenar has also added Player Special markets to its Bet Builder offering. This functionality can boost interactivity as it mimics the in-person betting experience.
For the first time, Altenar’s Bet Builder function allows your players to combine markets/bets on the same event!
Cashout | Bringing Flexibility to Your Players & Global Markets
With Cashout, users don’t have to wait for their bets to reach their natural conclusion. They have the opportunity to monitor their selections and cash out at any point, as long as the functionality is available and a cashout amount is displayed. If the user wishes to cash out, all they have to do is click the Cashout button.
With this feature, your bettors can now 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 scale up and down to match end-user demand. This architecture enables:
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Agile development and deployment
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Flexible hosting to meet jurisdictional requirements and peak demand
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Low-latency, efficient end-user experiences through smart internal caching and geographic data distribution
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High customization potential across channels through API-based services
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High availability and scalability across the entire stack
As well as a host of must-have features…
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24-hour trading and risk management
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Player profiling capabilities
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UKAS-Certification for ISO27001
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Robust technology
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Agile development and rollouts
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Flexible hosting: accommodates legal compliance and high-traffic events
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Optimized low-latency UX powered by geographic distribution and advanced caching
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Extensive customization via API integration
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Full scalability and uptime across all systems
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Early payout
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Enhanced cashout
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Player props (NFL, NBA, NHL, MLB + more)
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Bonus engine
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0% Margin
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Bore Draw
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Player Specials
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Premium cricket
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Bet Builder
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Esports
The Edge of Robust | Altenar & Your Players
Altenar, a sportsbook software provider, is known for its customer-centric technology, where the core of its sportsbook is designed with the end user in mind and the operational efficiency for providers.
Recently, and heading into 2023, Altenar is moving from its traditional single-solution front-end structure to a more robust version thanks to the implementation of widgets.
With prior operator-customized features such as icons, colors, and other UI/UX elements, Altenar now enables its partners to build their own front end where widgets represent the most desired components of the sportsbook.
This marks a significant evolution for Altenar and its partners, allowing them to craft a unique display, with widget content fully adjustable from the back end to adapt to changing trends.
Operators benefit from automatic widget updates, access to popular and specific content like upcoming events, and stronger brand distinction thanks to increased customization options.
As the sportsbook is no longer confined to a fixed frame, partners gain increased flexibility with Altenar’s product. You can explore a live demonstration of the new robust front end below.
You can discover more about Altenar, its technology, and sportsbook solutions by contacting the team today!
