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Gaming News
StrataBet sports trading platform promises to shake up sports predictions market19 October 2015(PRESS RELEASE) -- A new trading platform that puts sophisticated data and analysis into the hands of customers for the first time is set to shake up the sports predictions market. StrataBet accelerates a user’s speed of insight by allowing them to access quality research, as well as millions of data points that clarify their view of live events. The platform provides information from over 50 trading experts to capture qualitative and quantitative match data including team news, tactics, and motivation to minimise exposure on traditional markets such as 1X2, total goals, and handicaps. StrataBet is the brainchild of Stratagem, a financial trading technology company with a vision to establish sports trading as an alternative asset class by using unique technology infrastructure to unlock data like never before. The data is leveraged to create an end-to-end business model that spans trading, market-making, asset management, and their flagship platform: a Bloomberg-style interface for professional sports traders and City enthusiasts. StrataBet also allows its registered users to trade markets directly onto the Matchbook betting exchange after the two companies signed an exclusive deal to launch the product, with more liquidity providers to follow in the coming months. These markets will initially encompass 15 European football competitions before an expected roll-out of the product for other sports, including tennis, in 2016. The aim is to provide exchange customers with a sports-agnostic model capable of introducing financial instruments, whilst allowing them to trade on the platform and provide liquidity. Stratagem’s unique data tool will go head-to-head with four other new companies in front of a panel of investors in the Start-Up Launchpad competition at the Excellence in Gaming (EiG) show this week. Andreas Koukorinis, founder and CEO, Stratagem Technologies, hopes it will capture not only the imagination of the judges in Berlin, but also sophisticated sports traders looking to utilise technology to provide themselves with an edge. He said, “We aim to catalyse a technological revolution and be trend-setters in sports trading. We would like to become an investment bank for the industry with scaled trading and asset management and a self-sustained research division. “StrataBet is a one-stop destination that marries relevant, proprietary sports data with expert analysis, before linking users with betting exchanges and bookmakers. “Odds compilers at those bookmakers have enjoyed data feeds for years. But there is currently very little of the statistical infrastructure that you would expect to find in a mature financial market available to the man in the street. “StrataBet fills that gap and will ensure that a wager on the weekend’s football becomes less of a gamble and more of an investment.” Sports bettors can register for StrataBet for free at www.stratabet.com, with monthly price plans available depending on the levels of modelling, monitoring, and pre- and post-match analysis required. Among the companies StrataBet will take on next week are DupZapper, an online fraud detection solution, Skillzzgaming, a new platform that blends causal and real money gaming, and Casino VR, a virtual reality casino and poker platform. All of the start-ups will be looking to impress a panel of investors that includes Mark Blandford of Burlywood Capital, Burckhardt Bonello, founder and CEO of Found Fair Ventures, and Ian Hogg, Chairman of crowdfunding platform GamCrowd. |