Connect with us

Latest News

Unlocking microbetting in live sports with AI – OSAI is the first to bring quick bets on low-level events to table tennis

Published

on

Reading Time: 2 minutes

 

OSAI is the first company to overcome one of the main challenge in sports microbetting – and bring quick bets on low-level events to table tennis. OSAI pioneers the space with its Quick Bets solution, which merges sports betting and casino formats. It unlocks new markets on low level events with odds and coefficients being traded automatically. Starting with table tennis and then expanding to other sports for which OSAI products are available.

The unique technology offers a risk-free way to test new markets, tap into new GGRs and increase sports betting revenues.

Microbetting is one of the main industry trends. Its main value is in the lucrative proposition of opening new GGRs with fast markets, many of which are connected to low-level events. In live sports, microbetting has a big technical challenge – sports betting data feeds typically don’t contain smaller events, due to the challenge of capturing them by traditional data scouts.

OSAI launched a new product – Quick Bets – that opens up microbetting on low-level events in table tennis for the first time. The solution is built on AI data scout, which has been in operation for years. The company has been perfecting AI data scout on hundreds of thousands of games until it ensures the data latency of ~18ms.

AI data scout collects accurate data on all game events, including low-level events like error type, ball speed, player position, bounce coordinates, and more. OSAI uses this data to build custom odds algorithms, that take into account the performance of a particular player and the tournament’s dynamics. The technology takes both historical and real-time data to produce coefficients for players and the tournament. Mathematical models in OSAI’s Autotrading were built on over 70,000 matches, analyzing ~500 data points every second.

The coefficients are adjusted in real-time based on the performance, common errors, rally duration, etc. This ensures the fair calculation of odds. And opens new fast markets, that are contextual, fair, and fun to bet on.

Today, OSAI offers 4 markets on Quick Bets: number of bounces in a rally, the last player to strike, winning side of the table, and error type. The company plans to expand its portfolio, adding more fast markets.

Quick Bets are available as a widget that is installed on a betting operator’s website or mobile app. It comes with a customizable interface and a back office to adjust the margins and monitor coefficients.

It is available on a revenue-sharing basis to tournaments and betting operators who purchased OSAI AI data scout.

 

About OSAI:

OSAI is a Cyprus-based tech company that digitizes sports in real-time using AI/ML, and Computer Vision. Based on cutting-edge computer vision technology, OSAI developed a full suite of solutions to serve clubs, leagues, federations, and betting operators around the world.

OSAI analyses the video feed with AI and Computer vision to gather accurate, real-time data after each frame. It then analyzes it to convert raw data into actionable insights and unlock several product offerings including AI data scout, real-time Mixed Reality, High-Performance analytics, and, most recently, Quick Bets. OSAI ecosystem of game-changing products optimizes costs of data capture, reduces the complexities of virtual production of live content, and opens new revenue streams in sponsorship & betting.

Learn more: https://osai.ai/ and follow on Twitter, Youtube and LinkedIn.

 

Powered by WPeMatico

Continue Reading
Advertisement

Compliance Updates

Merkur Group Strengthens Global Compliance Strategy

Published

on

merkur-group-strengthens-global-compliance-strategy

 

Under the theme “Perspectives,” a total of 43 compliance staff members from the Merkur Group across various countries gathered from 30 June to 1 July to further develop compliance processes in a sustainable manner. Colleagues from Germany, Spain, England, Malta, Australia and the US traveled to the two-day meeting at Benkhausen Castle, the in-house training centre of the Merkur Group. The workshop set the stage with expert presentations on global and digital topics such as cybersecurity, risk management and artificial intelligence. A panel discussion featuring representatives from various international companies within the Merkur Group, as well as a digital quiz, rounded out the programme.

In keeping with its guiding principle, the workshop focused on sharing experiences, fostering global networking and providing impetus for the further development of compliance processes. Because informal exchanges are also key to close cooperation, the evening programme created a relaxed atmosphere and gave participants the opportunity to continue their conversations, make new connections, and further strengthen team spirit across company and national boundaries.

“The ideas and diverse perspectives gained during the workshop will now be incorporated into our day-to-day work and help us to continuously improve collaboration and existing processes,” said Ludwig Beckmann, Chief Compliance Officer of the Merkur Group.

The concluding feedback session also highlighted just how valuable the international exchange is. The term “collaboration” came up particularly often, a clear indication of how highly the participants value working closely together within the international compliance network.

The post Merkur Group Strengthens Global Compliance Strategy appeared first on EE Gaming | Global iGaming & Tech Intelligence Hub.

Continue Reading

Anne Marie Caulfield

GRAI Launches New Campaign Helping Parents to Spot the Signs of Underage Gambling

Published

on

grai-launches-new-campaign-helping-parents-to-spot-the-signs-of-underage-gambling

 

The Gambling Regulatory Authority of Ireland (GRAI) is encouraging parents and guardians to be alert to the signs of gambling among young people and to intervene early to prevent gambling harm.

The signs of gambling aren’t always visible, the GRAI in partnership with the Health Service Executive Addiction Services have developed dedicated advice on www.grai.ie to equip families with the knowledge to recognise the signs, advice on how to start the conversation with their children about gambling, and where to seek help if required.

To support the guidance, the GRAI has launched a national public awareness campaign across video on demand, radio, digital audio, and social media platforms, bringing this message directly to families across Ireland.

With the lines between entertainment and gambling increasingly blurred, especially online, what may look like harmless fun can still involve risk, money and chance in ways that affect young developing brains. Research commissioned by the GRAI and conducted by the Economic and Social Research Institute (ESRI) found that children who gamble are twice as likely to develop a gambling problem as adults.

Anne Marie Caulfield, CEO of the GRAI said: “We have launched this campaign to help parents start an important conversation about the risks of underage gambling. Children and young people are among the most at-risk members of Irish society when it comes to gambling exposure and harm. Children’s brains are still developing the judgement and impulse-control systems used to weigh up risk, which makes gambling appealing to them.

“With online gambling available at any time of the day, it is easy for the warning signs to be hidden. The guidance the GRAI developed with the HSE Addiction Services sets out some of the key behavioural signs to look out for in your child.”

The post GRAI Launches New Campaign Helping Parents to Spot the Signs of Underage Gambling appeared first on EE Gaming | Global iGaming & Tech Intelligence Hub.

Continue Reading

Amusnet

Amusnet Launches VIP LIVE Roulette, Bringing a Refined Experience to Live Casino Players

Published

on

amusnet-launches-vip-live-roulette,-bringing-a-refined-experience-to-live-casino-players

 

Amusnet has launched VIP LIVE Roulette, a new addition to its Live Casino portfolio, offering a premium European roulette experience designed for players who prefer higher stakes, greater comfort and a sophisticated gaming environment.

Created for those who appreciate a more considered approach to live roulette, VIP LIVE Roulette combines elegant studio production with elevated table limits and an extended betting window. The additional betting time allows players to place larger, more strategic wagers at a comfortable pace, creating a smoother and more engaging experience without changing the familiar flow of the game.

Built on the classic European roulette format, the game enhances traditional gameplay with a range of intuitive features that support both convenience and strategic play. Players can personalise their sessions using Favourite & Special Bets, quickly repeat previous wagers with Auto-Rebet and follow live Statistics to inform their decisions throughout the game.

Set in a dedicated VIP studio, the game delivers a polished live presentation with professional dealers, high-definition streaming and a clean, modern environment that recreates the atmosphere of an exclusive casino floor. Every element has been designed to combine the authenticity of live roulette with the expectations of today’s premium player segment.

VIP LIVE Roulette joins Amusnet’s growing Live Casino portfolio, further strengthening the company’s offering with a title that balances timeless gameplay with contemporary player preferences. As operators continue to expand their live casino proposition, the game provides an opportunity to appeal to high-value audiences looking for an elevated roulette experience that combines premium presentation, seamless gameplay and greater flexibility at the table.

History Re-bet feature

Pick again the lucky numbers for the last spins.

Favourite Bets

This function allows players to save their personally tailored bets or bet combinations for quick access during gameplay.

Game Statistics

Make the strategy with statistics for the last spins.

Jackpot Cards

Once the Jackpot Cards Bonus game is triggered, impressive Jackpots are revealed.

The post Amusnet Launches VIP LIVE Roulette, Bringing a Refined Experience to Live Casino Players appeared first on EE Gaming | Global iGaming & Tech Intelligence Hub.

Continue Reading

Trending

Get it on Google Play

Fresh slot games releases by the top brands of the industry. We provide you with the latest news straight from the entertainment industries.

The platform also hosts industry-relevant webinars, and provides detailed reports, making it a one-stop resource for anyone seeking information about operators, suppliers, regulators, and professional services in the European gaming market. The portal's primary goal is to keep its extensive reader base updated on the latest happenings, trends, and developments within the gaming and gambling sector, with an emphasis on the European market while also covering pertinent global news. It's an indispensable resource for gaming professionals, operators, and enthusiasts alike.

Contact us: [email protected]

Editorial / PR Submissions: [email protected]

Copyright © 2015 - 2024 - Recent Slot Releases is part of HIPTHER Agency. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania