As the name implies, crypto sports betting is the ability for a bettor to place a wager on the outcome of a sporting event using cryptocurrency. Like traditional sportsbooks, crypto sports betting and crypto sportsbooks allow players to wager on the same events that a traditional sportsbook would, but instead of gambling in fiat currency like dollars, euros, or pounds, the player wagers in cryptocurrencies such as Bitcoin, Litecoin, Ethereum, and even Dogecoin.
At Lion Gaming Group, our turnkey sportsbook and casino software solutions include a powerful back office that empowers operators to maximize their player acquisition and retention efforts through the use of customized bonus & affiliate campaigns.
In the iGaming space, there are many casino operators who brand themselves as a crypto casino because they have a payment rail for one or more cryptocurrencies. However there is a drastic difference between accepting cryptocurrency as a payment rail and using blockchain technology in your iGaming platform.
A white label sportsbook solution is an iGaming solution designed to provide iGaming operators with a fully functional sportsbook complete with their branding, back-office, sports data feeds, payment solutions, technical support, and risk-management. Essentially it provides operators with everything they need to run an online sportsbook without having to develop the software themselves.
Firstly, the cost of starting your own white label casino or sportsbook is a fraction of what you would pay developers to build out your own. Secondly, it shortens the process of having a robust offering complete with features bettors demand from years to weeks.
Over the last few years the iGaming industry has undergone a phase of unprecedented bettor-centric product innovation thanks to the introduction of new technologies. We created this article to go over a few of our favorites, some of which are now widespread, while others are just starting to penetrate the market.
This article outlines 10 countries where sports betting is popular. Sportsbook operators will find the information helpful in understanding the betting behaviour and trends of new sports betting markets around the world.
As sports betting continues to grow in popularity and is increasingly becoming legal in jurisdictions across the world, there are many bettors who are looking to sports bet for perhaps the first time. To help, we created this short how-to guide to help you get started with sports betting.
This glossary was developed to give new and established iGaming operators a central resource for all terminology related to iGaming. In an industry that's quickly evolving, there are always new developments and terms to be aware of
Offering a sportsbook can function as both another revenue stream and player retention tool for onlince casinos. The inverse is also true for operators focusing on sports betting. Many bettors enjoy wagering on both casino games and sporting events. With bettors having more options than ever, it’s important to be a one-stop-shop operator for the betting offerings that players expect.