Sports betting technology provider Algosport recently signed an agreement which will see it provide bet builder products to industry giant Intralot.
Under the deal, Intralot clients will gain access to Algosport’s bet builder products, initially for pre-match football. But this will include in-play betting options across a number of sports, with the ability to cash out supported as standard.
Algosports proprietary technology will be included in Intralot’s current platform infrastructure which, according to the supplier, will improve accuracy and strength while reducing latency and other problems seen with some API or feed-based solutions.
According to the supplier it is also continuously improving its services and even added new products for handball and snooker betting markets, together with traditional same-game multiples for sports like basketball and football.
Algosport also offers bet builder products for esports titles like Fifa2020. Products like this proved popular with operators all throughout 2020, as esports betting replaced majority of the revenue lost due to the shutdowns of professional sport.
“This is a really exciting deal for Algosport, and we are really pleased to be working with Intralot, who are one of the biggest names in betting and gaming,” Leigh Herdman, Algosport chief executive, said.
In October, Algosport signed an agreement with EveryMatrix, integrating its multis tech same-game multiples solution into EveryMatrix’s BetBuilder.
“The signing of this deal, alongside the recently announced supplier agreement with EveryMatrix, makes for a really exciting time at Algosport and we look forward to providing Intralot clients around the world with our innovative products,” Herdman added.