Private Exchange System Looks to Provide Operators and High-Volume Bettors Improved Liquidity Matching and Pricing

Esports Technologies, Inc., a leading global provider of advanced esports wagering products and technologies, announced today that it has filed a new patent application covering various embodiments of a novel esports betting exchange system. The patent application describes a private betting exchange model that is configured to offer operators and high-volume bettors greater liquidity and improved pricing in an esports betting environment where large bet sizes do not impact market prices.

The systems and methods described in the patent application relate to users’ ability to subscribe to certain betting markets, such as esports games, teams, players, and the like, and be grouped into larger order blocks, which leads to better liquidity matching and enhanced pricing for electronic gaming platforms. The technology provides an exciting new way to participate in esports betting.

Bart Barden, COO, Esports Technologies, said, “The private exchange described in this patent application could substantially elevate the esports wagering experience for high-volume bettors and traders. Our team will continue to refine the technology so that we can deliver the most engaging esports betting exchange platform.”

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This filing represents the latest addition to Esports Technologies’ portfolio of advanced wagering offerings. In August 2021, the company filed a provisional patent application for a technology that uses artificial intelligence to generate odds models for use in a betting algorithm for esports tournaments and various stages of a tournament. In June 2021, it filed a patent covering a proprietary live streaming technology that integrates sports and esports wagering across many of the most popular streaming platforms, including Twitch, YouTube, Facebook Gaming, and Hulu, among others.

Esports Technologies, Inc., a leading global provider of advanced esports wagering products and technology, announced a strategic license agreement with Aspire Global to integrate Esports Technologies proprietary odds modeling, market creation and trading feed into Aspire’s esports platform. Through this agreement, Esports Technologies will have access to Aspire’s range of offerings and managed services.

Aspire Global is a leading B2B-provider of iGaming solutions, comprising a robust technical platform, proprietary casino games, a proprietary sportsbook, and a game aggregator. Aspire also operates several B2C brands, including Karamba, the premier showcase of its B2B offering.

Tsachi Maimon, Aspire Global’s CEO, said, “We are happy to welcome Esports Technologies as an esports partner. We look forward to providing the esports proprietary solutions for iGaming operators. We are also thrilled to integrate Esports Technologies groundbreaking and engaging wagering products on our platform.”

Bart Barden, COO, Esports Technologies, said, “We are at an exciting rapid growth phase, expanding our business across multiple markets and service offerings. When executing on our plan to expand our presence in key markets, Esports Technologies searched for a solution that would allow us to further differentiate ourselves in our goal of becoming a leader in esports wagering and technology. In Aspire Global, we have found a long-term partner that meets our high demands.”

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Esports Technologies, Inc., a leading global provider of advanced esports wagering products and technology, announced today that it has filed a provisional patent application for a technology that uses artificial intelligence to generate odds models for use in a betting algorithm for esports tournaments and various stages of a tournament.

The system uses machine learning and advanced quantitative methods to generate odds instantly for any number of esports match and tournament types, as well as for different stages of the match or tournament for proposition bets, and a variety of betting markets. The filing contemplates a system where bettors can wager on teams throughout a tournament and while games are being played. Examples of bets that could be made with this technology include which team will place in the top three, or outside the top five, or what round the team will make it to.

Bart Barden, COO, Esports Technologies, said, “I’m extremely proud of our quant and modeling team, which continues to develop potential industry-leading data solutions. Harnessing cutting-edge modeling and artificial intelligence to create the technology for this planned next-generation wagering tool demonstrates our commitment to innovation and our focus on the needs of esports enthusiasts and bettors everywhere. We continue to advance and innovate the esports wagering experience for customers.”

This technology is the latest addition to Esports Technologies’ portfolio of advanced wagering offerings. In June 2021, the company filed a patent covering a proprietary live streaming technology that integrates sports and esports wagering across many of the most popular streaming platforms, including Twitch, YouTube, Facebook Gaming, and Hulu, among others.

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