Betting on an exchange is the next level for all the players who want to get in track to become pro punters. The top exchanges are the perfect stage for the recreational punters to take their next step to their betting journey, while this is also the best possible platform for the real pro bettors’ to make a fortune. But when you pass on the other side and you are about to become the owner of such a business, how can you make sure that you will give to the players everything they really need in an ever changing industry? The first step to become a successful operator, is to choose the proper betting exchange software.
You need one that will stand out from all the others in the industry, a solution that will come right from the very latest of technology and at the same time it will serve its main purpose, of giving to the customers the best possible user experience. In the following lines you wwill have the chance to learn which is the main features you should expect your exchange betting software to come with, and all the reasons thanks to which you will take the decision to implement the betting exchange software on your newly born betting exchange.
The most important features of a exchange betting software
First things first. It is impossible to create a prestigious and respected betting exchange site without having all the necessary tools. The first and most important of all of course is to offer the punters a platform they can trust and to do that you are going to need for sure a respected, stable and safe betting exchange software, like the one that is offered from Swissbet. Next you should expect that this betting exchange software not only will serve the punters’ purpose of betting without any problems and feeling safe by investiong their money on your business, but your goals as well. It should be coming with monitoring tools, assets that will help you assess the possibility of a fraud effectively, features that will give you the chance to set the proper limits on any players seem like they try to take advantage of your business and more.
But it is time to further analyze which are the most essential features the betting exchange software should have. You should expect that one of the main characteristics of the betting exchange solution would be to let you manage the registered and existing players alike easily. You need to create a profil for each one of them and categorize them, so you can easily check out every segment, their reactions to your business and more.
Also, for all the above you need to have at hand a perfect reporting tool, that is going to show you the activity of the week, the GGR, the revenue generated from your products and more. In addition to those features, you should have the ability to insert limits on the specific events, leagues and selections for certain players that might have been flagged as scams. The latter willl come straight from the fraud management tool and as you may understand, all those shoyld included on every betting exchange software’s ecosystem, as they are the most important tools that will help your businesse get going and have a growth.
Regarding some secondary but also essential tools an owner should find on every betting exchange software, you should have the chance to implement as many languages as possible, as this will help the punters undersatnd that you want to invest on localization. Next, it is important that your betting exchange software will come with the integration of a vast range of currencies and payment systems, that are meant to cover all players’ needs.
Other important aspects you should check out before choosing your betting exchange software is the variety of prematch and live games, you should not accept an offering less than 20.000 matches and 15.000 events per mnth respectively, as this will define the adequacy of your product to the bettors’ eyes. Moreover, you should offer a wide variety of sports and extra bets, no less than 20 and 100+ respectively, extra features like Live streaming, a great live betting section and cash out and the most important of all would be the commission. You need a betting exchange software coming with a tool that will help you define the commission on the winning wagers.
But, another question remains, especially to the ones that are new to this industry and they don’t really know which exactly should be the type of betting exchange software the choose. Well, there are two different paths for you, the White Label betting exchange software and the Turnkey betting exchange software. In the following lines we will help you understand the differences among those two and finally help you get the exchange betting software you really need for your business.
White Label exchange betting software: On the one hand we have a simpler and a quicker solution for you. In the case you will choose a white label exchange betting software you will have the chance to start your own business more quickly and with a lower cost, as you will be operating under the existing license of the provider, in this case, under Swissbet’s license. You will get an innovative and multi functional Gaming Platform, while you can integrate the products suiting your needs the most, like a betting exchange and 3rd party casino. The best part is that Swissbet covers all the operational aspects of your solution end to end. From your part you just have to concentrate on marketing and branding actions.
Turnkey exchange betting software: If you want to create your own licensed betting business, then the Turnkey exchange betting software is the one you should aim for. You will find a multi functional and single wallet gaming platform, while you will have the chance to integrate a handful of products on your platform. From a betting exchange, to a traditional bookmaker and a 3rd party casino among others. All the above coming with a powerful back-end, that will give your business the much needed stability.
As you may see, both types of an exchange betting software come with their own unique features and both are offered at Swissbet. In case you aren’t certain about whoich one you should choose, do not hesitate to get in touch with us through the “Contact Us” section and a representative will get back to you within a few hours.