ScoutsFeed

Why do the betting markets need the fastest sport data?

Have you ever faced a situation, when you were at a stadium and saw a beautiful goal scored, but when you looked at your mobile device to check the second screen sport’s app, the result there was 0:0 for another 30 seconds? This can be frustrating for fans, but for the betting organizations the delay could mean huge losses and a really big problem. Fast and reliable sports data is what all the bookmakers need – this is why at STATSCORE we created ScoutsFeed.

How to avoid risk of betting losses due to delays during the match?

Let’s come back to the match. The goal is scored but the mobile app has still not registered it, like it doesn’t care. The obvious reason is that the data feed used in the app seems to be as fast as a tortoise, with a broken leg, on a stormy day, going through a puddle of mud. Now picture a betting website using an identical source for their livescores. The goal is scored, but this feed still does not indicate it, so all the quick and sly betting enthusiasts can start placing huge bets for the next goal scored, because they already know the ‘future’. Their risk is now literally zero. The losses on the betting company’s side may get serious. Nasty!

So all the betting companies really care about the quality and speed of the data they receive, because every second of delay means a loss of EUR/USD/GBP’s for them. We doubt, if anyone can come up with a better representation for the saying ‘time is money’.

The fastest sport data for betting

Understanding this need for betting organizations, we built ScoutsFeed. This is a powerful data feed for live events powered up by our scouts. When they are working from the venues the latency is less than 2 seconds, which is a great speed for all our betting partners, who need the key information asap. Preferably, before an incident takes place, although we can’t promise this, we can commit to delivering the live action asap to make sure that what you get from our PUSH method technology, in either JSON or XML format, is the fastest reporting of all the goals, shots and cards shown on Earth. This is the what we do – we see a challenge and look hard and long to find the perfect solution.

Read more: how we help to increase the betting turnover before the games’ start!

If you want to get in touch to find out more, just contact our Customer Success Team at cst@statscore.com or use the LiveChat service on our website. We will be more than happy to schedule a call and discuss how STATSCORE’s services can help your organization!