Settlement module
Settlement is the process of determining if a wager is win/lost. Our platform is designed to perform the settlement process automatically or manually.
Automatic settlement is mostly used for all pre-game bets (bets that were placed before the event started). The process starts as soon as results are published on official channels.
In addition to automatic settlement, our platform allows operators to perform the settlement process manually. We recommend manual settlement only for events that offer live betting.
All bets are double checked by our own staff in order to ensure that the settlement process was performed correctly. For this purpose we run a designated settlement department that checks each bet and constantly monitors the betting activity on your sportsbook website.
Due to the fact that the settlement process is performed by our own staff, the cost of operations is drastically reduced since operators don’t have to hire additional staff for such activities.
APIs
API is an application programming interface which facilitates integration of new features into an existing application. API’s come in two formats: JSON and XML over SOAP.
With this feature, our sportsbook software is able to extend its functionality by integrating 3rd party applications. Although our platform offers a complete list of gambling products and features, operators might want to integrate a specific application or iGaming product.
Examples of API’s: various casino games, reports app, statistics software, multi-level-marketing software and so on.