Algosport, founded in 2017, offers sportsbook trading services with a focus on same-game multiple bets. They have partnered with solutions giant Playtech and lottery provider Intralot. This partnership enables players using EveryMatrix’s BetBuilder product to create same-game accumulator bets, both before and during a match, with cash out functionality.
EveryMatrix’s group chief executive, Ebbe Groes, expressed excitement about the partnership, as Algosport shares their values of providing innovative products to clients worldwide. They aim to offer unique and engaging services to their growing list of sports betting clients.
EveryMatrix plans to integrate Algosport’s technology into their current platform infrastructure, enhancing accuracy and reducing latency compared to other solutions. Algosport’s CEO, Leigh Herdman, believes this partnership will help expand their offerings to include more sports. They have already released versions for popular sports such as soccer and basketball, with plans to add more sports and features in the future.
In response to the surge in popularity for esports betting due to the Covid-19 pandemic, Algosport has developed versions of their product for esports games, including the FIFA series of football games.
Earlier this month, EveryMatrix acquired TOTOIT, a development company based in Thailand. TOTOIT specializes in front-end solutions, bespoke website design, intranet and extranet design, and custom programming. They will assist EveryMatrix’s major clients in building websites.