BetConstruct has launched BetCloud, which allows participants to accept bets over their established limits and pass the excess to the BetCloud to be accepted by other users.
BetCloud benefits operators by allowing them to accept sportsbook wagers that they would otherwise turn away, and allows participating BetCloud operators to gain revenue by accepting a certain portion of the bets sold by other partners. Both these facilities will have an immediate and positive impact on operators’ profitability.
“Our goal is to help our partners grow their businesses. The BetCloud accomplishes this without requiring operators to accept unnecessary risk,” said Vahe Baloulian, BetConstruct’s CEO.
“BetCloud establishes the first online marketplace for gaming operators to accept and share larger than usual bets and this will positively affect revenues of all participants.”
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