OpticOdds launches new sportsbook management platform, Copilot
OpticOdds' new sportsbook management platform, Copilot, aims to streamline operations and improve profitability for betting operators through automated odds generation, risk management and extensive sports coverage.
OpticOdds has launched its new sportsbook management platform, Copilot, designed to assist betting operators in managing real-time odds and risk optimisation.
The platform offers operators the ability to create custom odds and utilise industry-standard benchmarks, aiming to improve operational efficiency through data automation.
Copilot reportedly uses real-time sports data to generate automated odds at scale, while also allowing operators to manually adjust odds and manage suspension settings. The platform aims to support the creation of proprietary odds and provide the ability to mitigate risk through real-time adjustments.
In terms of coverage, Copilot reportedly includes data from over 150 sports leagues, offering various betting markets, including play prop markets, futures and outrights. Additionally, it plans to automate the settlement of betting markets.
The platform is designed to integrate with existing systems, supporting multiple data formats such as JSON, XML and RabbitMQ. According to OpticOdds, Copilot can handle more than 700,000 pre-match odds and 500,000 in-play odds across over 3,500 markets, serving more than 100 clients globally.
Ryan Weinstock, OpticOdds CCO, commented: “Copilot has been expertly designed to be operators’ ultimate wingman when it comes to successfully managing sportsbook operations. 125 bookmakers are already benefiting from the Copilot product as we continue to support our clients to boost GGR.”
In July 2024, OpticOdds partnered with Dabble, a US-based operator, integrating OpticOdds’ API and trading solutions into Dabble’s offerings. The partnership enabled Dabble to enhance its sportsbook with real-time data, covering multiple sports and markets.
Dabble’s 700,000 active users now have access to features such as real-time odds updates, line movement alerts and historical data through OpticOdds’ tools.
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