FinTech

Sportradar Unveils Alpha Odds: Revolutionary Automated Odds Recalculation Boosts Profits

Published January 30, 2024

Sportradar Group AG SRAD, a leading provider of sports data and technology platforms, announced the launch of Alpha Odds, an advanced automated odds recalculation tool that has reportedly increased client profits by an average of 10% since its release in 2023. This innovative solution is a game-changer in the sports betting industry, further solidifying Sportradar's reputation as a pioneer in the sector. With headquarters in St. Gallen, Switzerland, and operations in the UK, Malta, Switzerland, and internationally, Sportradar is at the forefront of reshaping sports betting markets by offering sophisticated and efficient betting solutions.

Setting New Industry Standards

Since its inception in 2022, Sportradar has been steadfast in its mission to revolutionize the sports betting landscape. The introduction of Alpha Odds marks a critical milestone in this journey, as it automates the odds recalculation process with unparalleled accuracy and efficiency. The tool's successful implementation and its contribution to client profitability showcase Sportradar's commitment to innovation and customer success.

Achievement of PwC ISAE 3402 Type 1 Certification

Accompanying the technological advancements, Sportradar has achieved the prestigious PwC ISAE 3402 Type 1 certification. This certification is a testament to the company's robust financial reconciliation processes, reinforcing the reliability and trustworthiness of Sportradar's financial operations. The certification plays a vital role in providing assurance to clients and stakeholders that Sportradar is dedicated to maintaining the highest standards of accuracy and financial integrity.

With a comprehensive suite of sports betting solutions and a relentless focus on technological advancement, Sportradar SRAD continues to enhance the consumer experience in sports betting, thus driving the industry forward and setting new benchmarks for trading betting markets.

Sportradar, AlphaOdds, Innovation