Project Overview
We engineered Smash Betting, a highly specialized custom engine designed to streamline and optimize operations for lotto number selection and sophisticated odds management. This bespoke platform provides end-to-end support, from the initial placement and printing of betslips to comprehensive tracking and automated settlement processes.
Challenges & Constraints
Managing the entire lifecycle of betslips—from placement to settlement—was a labor-intensive and error-prone process.
The client faced challenges in processing payouts efficiently and accurately, requiring significant manual intervention.
A lack of real-time financial insights and performance data hindered strategic decision-making and risk management for lotto operations.
Optimizing payouts and effectively hedging exposure across various selections was a complex and ongoing operational challenge.
The need for precise odds management in a dynamic environment demanded a highly customized and robust solution.
Project Solution
Custom Lotto Engine Development: Built a tailored engine specifically for lotto number selection and intricate odds management.
End-to-End Betslip Management: Implemented comprehensive support for placing, printing, tracking, and settling betslips within a unified system.
Automated Payout Processing: Developed automated functionalities to streamline payout calculations and disbursements.
Real-Time Financial Dashboards: Integrated dashboards providing immediate insights into financial results and key performance metrics.
Selection Optimization Tools: Created specialized tools for tracking selections, designed to assist in optimizing payouts and managing exposure.
Outcome & Results
Operational efficiency in betslip handling and processing was significantly improved through automation.
Financial transparency and oversight were greatly enhanced with real-time data dashboards.
The ability to optimize payouts and hedge exposure led to more strategic financial management.
Administrative burden associated with manual tracking and settlement was substantially reduced.
The custom engine provided a robust and precise foundation for lotto operations and odds management.
Project Name
Virtual Betting Platform
Category
Custom Engine (Lotto)
Clients
Smash Betting