Sportsbook Software Development

Connection to Betradar, Sportradar, or other commercial data providers via their streaming API, normalising the incoming price data into a consistent internal format regardless of which provider supplies a given sport or competition. Odds format conversion handles the three standard representations -- decimal (2.50), fractional (6/4), and moneyline (+150) -- so the same price can be displayed in the format preferred by each market. Real-time price streaming processes incoming price updates and publishes them to the bet slip and the trading dashboard with the sub-second latency that in-play betting requires. Multiple provider connections give you fallback coverage: if your primary data provider has an outage on a specific sport or competition, a secondary provider feed can cover the gap. Provider-specific event mapping reconciles the event identifiers used by each data provider against your internal event catalog, so a match supplied by two different providers is correctly recognised as the same event for settlement purposes.

The bet engine validates each bet slip submission against a set of configurable rules before accepting the bet. Odds acceptance rules determine what happens when the price has moved between the moment the customer opened the bet slip and the moment they submit: accept at the original price (price lock), accept at the current price and show the difference to the customer (best odds guaranteed), accept only if the price has moved in the customer's favour (price improvement), or reject and show the current price for resubmission. Maximum stake limits are configured per market, per competition, per sport, and per customer tier -- a recreational customer and a professional customer can have different limits on the same market. Bet referral workflow routes large-stake submissions to a trader for manual review rather than auto-accepting or auto-rejecting, with a configurable referral window during which the bet slip is held while the trader decides. Combination bet validation checks each leg of an accumulator for independence -- parlays that combine correlated outcomes are flagged by the correlation rules your trading team configures.

In-play markets stream live prices during events and require suspension logic that is more granular than a simple on/off switch. Market suspension rules are configured per event type: a football match suspends all markets during goal kicks and corners where the outcome is genuinely uncertain, suspends specific markets (first goalscorer, correct score) when a goal is scored pending the official result, and suspends all markets during VAR review periods. The suspension logic processes the event feed signals from the data provider and applies the correct suspension pattern for each market without manual trader intervention for every event. Cash out calculation computes the current value of an open bet in real time using the live market prices for each selection, applies the cash out margin, and presents the offer to the customer. Partial cash out allows the customer to secure part of their winnings while leaving the remainder on the original bet. Cash out execution is transactional -- the offer price is locked for a short acceptance window and the settlement is processed atomically so the customer cannot receive a partial cash out at a stale price.

Automated settlement runs when event results arrive from the results feed. The settlement engine matches each open bet leg to the event result, applies the correct settlement rule for each market type (match winner, over/under, first goalscorer, Asian handicap), calculates the win amount, and credits the customer's account. Void rules handle abandoned events, postponed matches, and markets that cannot be settled due to incomplete results -- the void logic returns stakes without a win or loss calculation. Manual settlement tools give your trading team the ability to override automated settlement for edge cases: a market settled incorrectly by the results feed, a dispute about the official result, or a market that requires a judgement call the automated rules cannot resolve. Settlement audit trail records every settlement event -- automated or manual -- with the result data used, the settlement timestamp, and the operator identity for manual overrides, creating the evidence your regulator requires if a settlement is disputed.

A trading dashboard that shows your book's position in real time: liability by market, by selection, by sport, and by competition, updated as bets are accepted. Position monitoring shows net exposure -- the maximum payout your book owes across all possible outcomes of each event -- so your traders can see immediately when a single market or selection carries disproportionate liability. Manual price override tools let a trader adjust the price on any market in real time without going through the data provider's feed, useful when you want to shade prices on markets where your book is heavy. Market suspension tools allow a trader to suspend any market manually -- individual markets, all markets on an event, or all markets across a competition -- in a single action. Liability alerts fire when a market's exposure exceeds the threshold your risk parameters define, routing the alert to the relevant trader for review. Risk configuration is managed through the trading interface rather than requiring code changes, so your risk team can adjust limits and alert thresholds as market conditions change.

Sport and competition configuration defines which sports, leagues, and tournaments your sportsbook offers, with the market templates that apply to each. Market templates specify which bet types are offered for each competition -- a Premier League match offers match winner, both teams to score, over/under goals, first goalscorer, correct score, and Asian handicap; a lower-league match may offer only match winner and over/under. Pre-match schedule management handles the event calendar: importing fixtures from the data provider, publishing events at the configured lead time before kick-off, and managing event status changes (postponement, cancellation). In-play market sequencing determines which markets go live at kick-off versus which are offered only pre-match, and the timing of in-play market activation during the event. Outright and special market setup covers season-long markets -- league winner, top goalscorer, relegation -- with the specific settlement rules and timeline each requires. Competition-level settings control jurisdiction availability, stake limits, and market offering by licensed territory.