October 22, 2024 Marija D
nVenue, a leading provider of live and micro-betting technology, has entered into a significant partnership with OpenBet, a global leader in sports betting services. This collaboration will see nVenue’s cutting-edge micro-betting solutions integrated into OpenBet’s Trading System, offering an array of live micro-betting markets to operators across the U.S. and around the world. This partnership is expected to transform the in-play betting landscape by enhancing the variety and depth of betting options available to s.
By leveraging OpenBet’s extensive network of over 200 operator partners, nVenue will now be able to deliver its real-time, event-specific betting markets on a much larger scale. The integration with OpenBet’s Trading System will allow betting operators to access nVenue’s machine learning-powered odds and pricing, enabling them to curate micro-betting markets that are tailored to specific moments in games. This will include a variety of in-play betting options for major sports like the NBA, NFL, and NASCAR.
According to Jeremy Jones, Chief Revenue Officer at nVenue, the partnership with OpenBet represents a major step forward for the company. “Partnering with OpenBet is a transformative opportunity for nVenue, solidifying our standing as the leading global micro-betting provider in the industry. Through our integration with OpenBet’s Trading System, we look forward to tapping into OpenBet’s operator network and introducing our unique micro-betting capabilities to a global audience.”
This collaboration will give operators access to over two billion real-time predictions and numerous new wagering opportunities for every game. Players will be able to place micro-bets on specific game actions, such as individual plays, possessions, or kick-offs, with real-time odds being generated by nVenue’s machine learning and AI technology.
OpenBet’s Trading System is known for delivering high-demand content, such as player props, esports markets, and BetBuilder options, all through a seamless, single integration. With the addition of nVenue’s micro-betting markets, OpenBet’s portfolio is set to become even more comprehensive, providing operators with new ways to engage s.
nVenue’s partnership with OpenBet is just one part of its strategy to expand its presence in key sports markets. Earlier this year, nVenue made headlines by teaming up with Amelco to introduce the first live in-race micro-betting markets for NASCAR. This marked the beginning of a new era for micro-betting in motorsports, allowing fans to place wagers on real-time outcomes such as stage results, qualifying times, and pit road events.
In addition to NASCAR, nVenue has secured an official league partnership with the NBA, which further expands its presence in the U.S. sports betting market. With these partnerships in place, nVenue is poised to continue its growth and establish itself as a key player in the global micro-betting industry.
For OpenBet, the integration of nVenue’s micro-betting solutions is a testament to its commitment to delivering the most innovative and engaging betting experiences. Sam Depoortere, VP of Platform Products at OpenBet, commented on the partnership: “nVenue continues to lead the charge in the micro-betting landscape, with a truly innovative platform that transforms the experience globally. The integration with our Trading System is a game-changer. It not only strengthens our ability to deliver the most engaging and in-demand content but also underscores the importance of our Trading System in offering unparalleled, real-time betting experiences that elevate the value we provide to operators and players alike.”
OpenBet’s platform is trusted by some of the world’s largest sports betting brands, casinos, and lotteries. With over 25 years of experience, OpenBet has a long-standing reputation for reliability, boasting a 100% uptime record during major sporting events.
Source:
“nVenue Partners with OpenBet to Deliver Superior Global In-Play Microbetting”, igamingbusiness.com, October 21, 2024.