SBC News Voice of the Sports Betting Industry
BetBooster, an automated sports insights service powered by LSports‘ B2B partner LVision, has been shown to drive new levels of player engagement, retention and increased revenues for sports betting operators.
Building on its plans to deliver the best solutions for its customers, BetBooster forms part of LSports’ portfolio of bet stimulation products.
After integrating the bet stimulation product, one client reported a 15% increase in the number of bets placed and a 20% increase to the speed at which users place their bets, while another reported a 5% decrease in the number of placed bets but turnover climbed by 6%.
LSports believes that being able to see the AI-based betting tips next to the odds has left punters feeling ‘much more confident in placing their bets’.
BetBooster, delivered as a widget or as a sports data feed, covers more than 100 pre-match and in-play markets across multiple sports including football, basketball and tennis. More sports, including baseball, hockey, esports, cricket and horse racing, are due to be added soon.
By integrating the BetBooster product – which LSports says can provide sportsbooks with fully automated, data-driven sports insights based on historical data, live incidents, and AI analysis – operators can benefit from higher engagement levels which, in turn, can boost revenues.
“We’re determined to support our customers in any way possible,” said Dotan Lazar, LSports CEO and co-founder. “Our bet stimulation services are aimed to increase sportsbooks overall retention and revenues.”
