Sports betting has formed a huge market. Among the European countries that are open to developing iGaming business are Belgium, the Netherlands, Denmark, Portugal, Sweden, Norway and Finland. In 2020, Italy legalized sports betting, followed by Spain and France in 2021. In 2022, Germany passed a new gambling law that legalized sports betting.
There are also trends in Asia towards legalizing sports betting. Partially, sports betting was legalized in Japan and India. The Philippines passed the Gambling Act in 2022, which legalized sports betting in the country.
Back in 2018, the US Supreme Court legalized regulations for legalizing sports betting, and since then many states have passed corresponding laws.
“Betting has become more accessible to the general public, which has led to the growth of the industry. The global industry market was valued at $106.4 billion in 2022 and is expected to grow at a CAGR of 9.6% over the next five years.”, remind BetB2B experts.
Huge prospects are opening up in this rapidly developing field. Since the legalization of sports betting, it has become an integral part of the culture.
One of the significant advantages of online sports betting is that there is no need for physical betting shops and all the associated costs and hassles. There are many on the market providers, providing a wide range of services: ready-made solutions for sports betting, a wide portfolio with various sports, opportunities to expand existing websites for accepting bets on sports events, and bets on Esports.
Online sports betting can be a source of potential profit for entrepreneurs who have not only the initial investment, but also the necessary tools to launch a successful project.
Whether you are new to the industry or an experienced businessman looking to expand your iGaming business, choosing the right and effective solutions can help you strengthen your presence in the market. One such supplier is BetB2B.
BetB2B Sportsbook: Seamless integration for increased efficiency
When it comes to increasing efficiency, BetB2B’s Sportsbook API integration fits this bill perfectly. This innovative tool is a true plug-and-play system that allows you to easily integrate it into your existing iGaming website
Unlike the complex Turnkey Solution, the Sportsbook API can be used on any iGaming website with already running software from another provider or on a self-written platform. The company can thus combine solutions from different suppliers.
BetB2B Sportsbook contains:
- Accepting bets on more than 182 sports
- Popular sports, championships and games are collected in one pre-match
- Live – live broadcast of matches and schematic broadcast using the unique BetB2B Zone technology
- Match of the day – Main events of the day with a huge selection of odds.
- Players props – selection of a match and competition results with favorable odds.
- Over 3,000 events and upcoming games
- Match statistics and analytics
- Wide selection of odds
- Online broadcasts of events
- Instant acceptance of sports bets from any device is provided
BetB2B Sportsbook is the customizable and interoperable solution with a simple integration that provides complete personalization of business management with additional capabilities and flexibility.
Ready-made solutions for bookmakers – BetB2B
Before becoming a profitable business, the company solves many technical problems. It is important to choose effective solutions that will allow you to quickly enter the market and start making a profit.
In recent years, turnkey solutions for bookmakers have become a real hit in the industry. In order to use the Turnkey solution you must have a license. This is a universal solution that provides ample opportunities for bookmakers and casinos looking to quickly launch their business. The main advantages of this solution are the possibility of expanding partnerships and the variety of available options.
As part of the ready-made complex from BetB2B, you will find an extensive bookmaker’s websites, covering the world’s top sporting events, various matches and many bets. Turnkey solution guarantees efficiency thanks to analytics, marketing tools, and payment systems.
The turnkey solution includes a whole package of services and solutions:
- Various payment solutions for the bet site (more than 250 secure methods for accepting payments from the client).
- Technical support.
- Sportsbook.
- Live casino.
- Slots.
- Virtual sports.
- Access thousands of casino games from over 100 providers.
- Back office.
- CMS.
- CRM.
- Affiliate program.
What to choose for business?
A ready-made comprehensive solution from BetB2B allows you, first of all, to save time. Therefore, it is worth taking a closer look at ready-made solutions and starting to work for profit, and not for technical developments. What exactly to choose depends on your needs. If the company already has a ready-made website and there is a request to expand its capabilities, you can integrate BetB2B Sportsbook. If the task is to build an iGaming business from scratch, then the Turnkey solution is definitely better suited. Among the advantages:
Fast start: One of the key advantages of ready-made platform solutions is the ability to quickly launch your business. Instead of the long and complex development of your own infrastructure, you get a ready-made solution that allows you to get started in the shortest possible time.
Technical infrastructure: Ready-made solutions include all the necessary technical components. This allows you to focus on business strategy rather than technical details.
Full set of functions: Ready-made solutions provide a wide range of functions and tools for business management. This includes analytics, marketing, payment systems, risk management and much more. You get everything you need in one package.
“The online sports betting industry continues to grow and evolve, providing many opportunities for entrepreneurs. The path you choose depends on your resources and goals,– notes the leading BetB2B expert. – The online sports betting industry remains vibrant and dynamic, and the approach you take is up to you. The main thing is to follow trends, analyze data and provide players with the best experience.”
