Online gaming operator, GVC Holdings, has announced that last month saw its peer-to-peer betting exchange at Betdaq experience a 138% growth year-on-year in football trading as matched bets hit £62 million ($81.4 million).
Effect follows August upturn:
According to a official Wednesday press release published by European Gambling Media and Events, the Isle of Man-headquartered firm said the spike followed an August where its domain submitted a 100% increase year-on-year in football turnover to £42 million ($55.1 million).
User numbers swell:
GVC Holdings declared that one of the main aspects in the September uptick has been an affiliated 21% drop year-on-year in the amount of Betdaq consumers wagering on football markets while it additionally detailed the Gibraltar and United Kingdom-licensed domain had listed a 29% rise in overall trading with the year-to-date figure currently up by some 20%.
Updated commission construction:
The operator proclaimed the positive Betdaq figures follow the domain’s January debut of a 2 percent commission construction alongside the following launching of its #ChangingForTheBettor marketing campaign to promote the punter-friendly strategy. GVC additionally pointed to how its sportsbetting market is the only one to provide a streaming software programming interface that automatically provides instant pricing advice for a variety of markets.
Furthermoreit highlighted Betdaq’s fresh lightweight pricing software programming interface, which enable market makers to set up a large selection of supplies without holding significant amounts of cash in their account.
Operator hails football’s ‘powerful beginning ’:
Alan Casey, Betdaq Commercial Manager for GVC, declared his website ’s lightweight pricing strategy is made possible due to the fact that all available wagers remain busy until a pre-arranged exposure limit is attained.
Casey’s announcement read…
“We’re thrilled with the strong start to the new football season and think it’s just rewards for the hard work of our marketing, operations, commercial and technical teams alongside our clients. Some of our key liquidity suppliers have invested in upgrading to our lightweight and streaming pricing systems and have seen the significant benefits that come with that. The end result leads to a better product for business-to-business partners. ”
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