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TEKK - Tekkorp Digital Acquisition Corp: Who's Who of Gaming Mgmt Teams!

Team has been involved in a substantial number of the digital media, sports, entertainment, leisure and gaming industries’ most significant merger and acquisition transactions, holding key positions at, and transacting with Scientific Games Corp, Inspired Gaming Group, FOX Bets, Ocean Casino Resort, Resorts International Holdings, PokerStars, DraftKings, Mohegan Sun, Caesars Entertainment Corporation, Harrah’s Entertainment, Tropicana Entertainment, Inc., TSG/Sky Betting & Gaming, Facebook, Inc, Wynn Resorts, Dubai World/MGM Resorts
Here's all the Bios. These guys are stellar! TEKK closed at $10.30 today. Still cheap!
If you don't like to read... you don't like to make money!!!!
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Matthew Davey — Chief Executive Officer and Director
Mr. Davey has over 25 years of experience within the digital media, sports, entertainment, leisure and gaming ecosystems, as well as experience in the public sector. He is an experienced public company executive officer and board member. He has served in executive management positions across the gaming technology arena. Over the course of Mr. Davey’s career, he oversaw more than ten mergers and acquisitions and over $1.2 billion in debt and equity capital raised to support the companies he has led.
Most recently, Mr. Davey was Chief Executive Officer of SG Digital, the Digital Division of Scientific Games Corp. (“Scientific Games”) (Nasdaq: SGMS). SG Digital was established following the purchase by Scientific Games of NYX Gaming Group Limited (“NYX”) (formerly TSXV: NYX), where Mr. Davey served as Chief Executive Officer and Director. The NYX acquisition provided Scientific Games with a vehicle to significantly accelerate the scale and breadth of its existing digital gaming business, including the strategic expansion into sports betting. In his capacity as Chief Executive Officer of NYX, Mr. Davey developed and implemented a corporate strategy that generated strong revenue growth. Mr. Davey shaped company strategy to focus on digital gaming supplier platforms and content that provided various gaming operators with the underlying gaming and sports betting systems for their online gaming business. In 2014, Mr. Davey oversaw the initial public offering of NYX, and his experience in the digital media, sports, entertainment, leisure and gaming industries helped NYX recognize momentum as a public company. After the public offering, from 2014 to 2018, Mr. Davey oversaw seven acquisitions which helped establish NYX as one of the fastest growing global B2B real-money digital gaming and sports betting platforms. These acquisitions included:
• OpenBet: In 2016, NYX completed the $385 million acquisition of OpenBet. This was one of the more complex and transformative acquisitions that Mr. Davey oversaw at NYX. Through securing co-investments from William Hill (LSE: WMH), Sky Betting & Gaming and The Stars Group (formerly Nasdaq: TSG, TSX: TSGI), Mr. Davey was able to get the acquisition from Vitruvian Partners completed successfully, winning the deal against much larger and well capitalized competitors. By combining two established and proven B2B betting and gaming suppliers, NYX was well positioned to provide customers with exciting player-driven solutions across all major product verticals and distribution channels. This allowed NYX to become the leading B2B omni-channel sportsbook platform in the market and the supplier to over 300 gaming operators globally with an extensive library of desktop and mobile game titles, including more than 700 on NYX platforms and more than 2,000 on the OpenBet platform.
• Cryptologic/Chartwell: In 2015, NYX completed the $119 million acquisition of Cryptologic and Chartwell. The acquisition provided NYX with more than 400 titles of additional leading gaming content, a broader customer base, and direct exposure to PokerStars and Intercasino, part of the Gamesys Group (LSE: GYS) — two of the world’s largest online casino offerings.
• OnGame: In 2014, NYX completed the distressed acquisition of OnGame, a premier poker content, platform and service provider. This acquisition provided NYX with one of the best poker products in the industry, access to several regulated jurisdictions, and a valuable talent pool that was instrumental in the growth of NYX. The addition of OnGame further established a path for NYX to continue its growth in both European and U.S. markets.
These acquisitions, together with meaningful organic growth, increased NYX’s revenue from $24 million in 2014 to $184 million annualized in 2017. During that time, Mr. Davey helped build NYX to have over 200 customers in the global gaming industry and a team of 1,000 employees. Mr. Davey’s success at NYX ultimately led to its sale to Scientific Games for $631 million in 2018.
Mr. Davey joined Next Gen Gaming, the predecessor to NYX, in 2000 as the Vice President of Technology, was appointed as Executive Director in 2003 and named Chief Executive Officer in 2005. Prior to that, he was the Senior Consultant for Access Systems, a company that specializes in the provision of back-end software for licensed online casinos. Prior to joining Access, Mr. Davey worked for the Northern Territory Government specializing in matters pertaining to the internet and e-commerce along with roles in the Department of Racing and Gaming. Mr. Davey received a Bachelor of Electrical & Electronic Engineering from Northern Territory University, Australia (also known as Charles Darwin University).
Robin Chhabra — President
Mr. Chhabra has been at the forefront of corporate acquisition activity within the digital gaming landscape for over a decade. His prior experience includes leading corporate strategy, M&A, and business development at two of the global leaders in the digital gaming industry, The Stars Group (“TSG”) and William Hill, and a leading supplier, Inspired Gaming Group (Nasdaq: INSE). Mr. Chhabra served on the Group Executive Committees of each of these companies. From 2017 to May 2020, Mr. Chhabra served as Chief Corporate Development Officer at TSG and, from 2019 to August 2020, he also served as the Chief Executive Officer of Fox Bet, a leading U.S. online gaming business which is the product of a landmark partnership between TSG and FOX Sports, a transaction which he led. During that period, Mr. Chhabra led several transactions which transformed TSG into the largest publicly listed online gambling operator in the world by both revenue and market capitalization and one of the most diversified from a product and geographic perspective with revenues of over $2.5 billion. Mr. Chhabra’s M&A experience is extensive and covers multiple global geographies across the digital gaming value chain and includes the following:
• TSG/Flutter Entertainment Merger: In 2019, Mr. Chhabra led the TSG M&A team that was responsible for TSG’s $12.2 billion merger with Flutter Entertainment (LSE: FLTR). The merger between TSG and Flutter Entertainment is the largest transaction in the digital gaming industry to date. The combination created the largest publicly listed online gaming company with approximately 13 million active customers and leading product offerings, which include sports betting, online casino, fantasy sports and poker. The combined entity includes some of the world’s most iconic digital gaming brands such as Fanduel, Fox Bet, Sky Bet, PaddyPower, Betfair, PokerStars and SportsBet. TSG/Flutter Entertainment is one of the most geographically diverse digital gaming and media companies with leading positions in the United States, United Kingdom, Australia, Ireland, Italy, Spain, Germany and Georgia.
• TSG/Sky Betting and Gaming (“SBG”): In 2018, Mr. Chhabra led the acquisition of SBG from CVC Capital Partners and Sky plc, Europe’s largest media company, in a transaction valued at $4.7 billion. At the time of the acquisition SBG was the largest mobile gambling operator in the United Kingdom and one of the fastest growing of the major operators having doubled its online market share in three years. The acquisition of SBG provided TSG with (a) greater revenue diversification, significantly enhanced expertise and exposure to sports betting just ahead of the judicial overturn of The Professional and Amateur Sports Protection Act of 1992 (PASPA) by the U.S. Supreme Court, (b) a leading position within the United Kingdom, the world’s largest regulated online gaming market, (c) improved products and technology as a result of the addition of SBG’s innovative casino and sports book offerings and a portfolio of popular mobile apps, and (d) expertise in deeply integrating sports betting with leading sports media companies, positioning TSG to create more engaging content, deliver faster growth and decrease customer acquisition costs.
• William Hill (LSE: WMH): At William Hill, from 2010 to 2017, Mr. Chhabra served as Group Director of Strategy and Corporate Development where he led several transactions which contributed to William Hill’s transformation from a land-based gambling operator in the United Kingdom to a leading online-led international business. Mr. Chhabra led William Hill’s entry into the U.S. sports betting and online lottery markets with the acquisition of four businesses, including the simultaneous acquisitions of three U.S. sportsbooks, Cal Neva, American Wagering and Brandywine Bookmaking, in 2011 for an aggregate purchase price of $55 million. These businesses ultimately led William Hill to achieve a leading position in the U.S. sports betting market with a market share of 24% in 2019. Additionally, Mr. Chhabra played a key role in structuring William Hill’s successful joint venture with PlayTech Plc (LSE: PTEC) in 2008. The combined entity created one of the largest online gambling businesses in Europe at the time of its formation and led to William Hill’s buyout of Playtech’s interest for $637 million in 2013. Prior to the transaction, William Hill had struggled in its attempt to establish a strong online gaming platform and a meaningful presence outside the United Kingdom.
Mr. Chhabra has also successfully completed four transactions worth over $1.2 billion in Australia, the world’s second largest regulated online gambling market, and various partnerships in Asia. Additionally, he completed several technology and media related transactions, including William Hill’s investment in NYX, where he worked with Mr. Davey on NYX’s transformational acquisition of OpenBet.
Prior to working in the gaming sector, Mr. Chhabra was an equities analyst and a management consultant. Mr. Chhabra received a Bachelor of Science in Economics from the London School of Economics and Political Science.
Eric Matejevich — Chief Financial Officer
Mr. Matejevich is a seasoned gaming executive with extensive experience in both the online gaming and traditional casino industries. From February to August 2019, he served as Trustee and Interim-Chief Executive Officer of Ocean Casino Resort (“Ocean”) (formerly Revel Casino, which had a construction cost of $2.4 billion) in Atlantic City, where he successfully led the management team through an ownership change and operational turnaround effort. Over the course of seven months, Mr. Matejevich managed to reduce the property’s weekly cash burn of $1.5 million to an annualized cash flow run rate in excess of $20 million.
Prior to Ocean, from 2016 to 2018, Mr. Matejevich served as the Chief Financial Officer of NYX. At NYX, he focused his efforts on integrating the company’s many acquisitions and multiple debt refinancings to simplify its capital structure and provided liquidity for growth initiatives. Additionally, Mr. Matejevich was instrumental to the executive team that sold NYX to Scientific Games for $631 million.
Prior to NYX, from 2004 to 2014, Mr. Matejevich was the Chief Financial Officer of Resorts International Holdings and later, from 2011, also the Chief Operating Officer of the Atlantic Club Casino, a property under the Resorts International Holdings umbrella — a Colony Capital (NYSE: CLNY) entity. As Chief Financial Officer, he provided managerial oversight for all finance functions for a six-property casino company with annual gaming revenue exceeding $1.3 billion, 10,000 gaming positions, 7,000 hotel rooms and over 11,000 staff members during his tenure. Mr. Matejevich led the transition effort to integrate a four-casino, $1.3 billion acquisition from Harrah’s Entertainment and Caesars Entertainment (Nasdaq: CZR). As Chief Operating Officer of Atlantic Club, he lobbied for and was successful in obtaining the first internet gaming legislation passed in the United States. The Atlantic Club was the sole New Jersey casino proponent of the legislation.
Prior to serving in various gaming positions, Mr. Matejevich was a Vice President of High Yield Research for Merrill Lynch, where he managed the corporate bond research effort for the gaming and leisure sectors and marketed high yield and other debt transactions totaling $4.8 billion. Mr. Matejevich received a Bachelor of Science in Economics from The Wharton School and a Bachelor of Arts in International Relations from The College of Arts and Sciences at the University of Pennsylvania.
Our Board of Directors
Morris Bailey — Chairman
Over the past 10 years, Mr. Bailey has been a leader in turning around Atlantic City, as well as being among the first gaming executives to embrace online gaming and sports betting in the United States. In his efforts, Mr. Bailey partnered with two of the largest digital gaming companies in the world, PokerStars, part of the Stars Group, and DraftKings (Nasdaq: DKNG). In 2010, Mr. Bailey bought Resorts Atlantic City (“Resorts”) and initiated a comprehensive renovation which allowed for the property to be rebranded and repositioned. In 2012, Mr. Bailey signed an agreement with Mohegan Sun to manage the day-to-day operations of the casino. In addition to Mohegan Sun’s operational expertise and ability to reduce costs via economies of scale, Resorts gained access to their robust customer database. Soon thereafter, Mr. Bailey and his team focused on bringing online gaming to the property. In 2015, Resorts established a platform to engage in online gaming by partnering with PokerStars, now part of the $24 billion Flutter Entertainment, PLC (LSE: FLTR), to operate an online poker room in Atlantic City. In 2018, Resorts announced deals with DraftKings and SBTech to open a sportsbook on-property and online. For 2020 year-to-date, Resorts has performed in the top quartile in internet gross gaming revenue in New Jersey. Mr. Bailey’s efforts in New Jersey helped set the framework for expansion of online sports and gaming throughout the United States.
In addition to his gaming interests, Mr. Bailey has over 50 years of experience in all facets of real estate development, asset M&A, capital markets and operations and is the founder, Chief Executive Officer and Principal of JEMB Realty, a leading real estate development, investment and management organization. Mr. Bailey has notable investment experience within the energy, finance and telecommunications sectors through investments in the Astoria Energy Plant, Basis Investment Group and Xentris Wireless.
Tony Rodio — Director Nominee
Mr. Rodio has nearly four decades of experience in the gaming industry. Most recently, Mr. Rodio served as the Chief Executive Officer and director of Caesars Entertainment Corporation (“Caesars”) (Nasdaq: CZR), one of the world’s most diversified casino-entertainment providers and the most geographically diverse U.S. casino-entertainment company, from April 2019 until its acquisition by Eldorado Resorts, Inc. in July 2020. Mr. Rodio led Caesars through its $17.3 billion merger with Eldorado Resorts, one of the largest transactions in the gaming industry to date. Additionally, Mr. Rodio was instrumental to Caesars’ expansion into the digital gaming industry and oversaw the implementation of new digital segments such as its Scientific Games powered retail sportsbook solution that now operates in various states throughout the U.S. From October 2018 to May 2019, Mr. Rodio served as Chief Executive Officer of Affinity Gaming. Prior to Affinity Gaming, he served as President, Chief Executive Officer and a director of Tropicana Entertainment, Inc. (“Tropicana”) for over seven years, where he was responsible for the operation of eight casino properties in seven different jurisdictions. During his time at Tropicana, Mr. Rodio oversaw a period of unprecedented growth at the company, improving overall financial results with net revenue that increased more than 50% driven by both operational improvements and expansion across regional markets. Mr. Rodio led major capital projects, including the complete renovation of Tropicana Atlantic City and Tropicana’s move to land-based operations in Evansville, Indiana. Each of these initiatives, among others, generated substantial value for Tropicana. Ultimately, Mr. Rodio’s efforts at Tropicana led to its sale to Eldorado Resorts in 2018 for $1.85 billion. Prior to Tropicana, Mr. Rodio held a succession of executive positions in Atlantic City for casino brands, including Trump Marina Hotel Casino, Harrah’s Entertainment (predecessor to Caesars), the Atlantic City Hilton Casino Resort and Penn National Gaming. He has also served as a director of several professional and charitable organizations, including Atlantic City Alliance, United Way of Atlantic County, the Casino Associations of New Jersey and Indiana, AtlantiCare Charitable Foundation and the Lloyd D. Levenson Institute of Gaming Hospitality & Tourism. Mr. Rodio brings extensive knowledge of and experience in the gaming industry, operational expertise, and a demonstrated ability to effectively design and implement company strategy. Mr. Rodio received a Bachelor of Science from Rider University and a Master of Business Administration from Monmouth University.
Marlon Goldstein — Director Nominee
Mr. Goldstein is a licensed attorney with nearly 20 years of experience in the gaming space. He joined The Stars Group (Nasdaq: TSG)(TSX: TSGI) in January 2014 as its Executive Vice-President, Chief Legal Officer and Secretary until his retirement from the company in July 2020 following the merger of TSG with Flutter Entertainment, PLC (LSE: FLTR). Mr. Goldstein also previously served as the Executive Vice-President, Corporate Development and General Counsel of TSG. Mr. Goldstein was also the senior TSG executive based in the United States and was one of the primary architects of TSG’s strategic vision for its U.S.-facing business. During his tenure, TSG grew from an approximately $500 million market-cap company to an approximately $7 billion market-cap company through a combination of organic growth and strategic mergers and acquisitions. Mr. Goldstein participated in numerous M&A transactions and capital markets offerings at TSG, including several transformational transactions in the digital gaming industry. Notable transactions in which Mr. Goldstein was involved include:
• TSG/Flutter Merger: In 2019, TSG merged with Flutter for a $12.2 billion transaction value, the largest transaction in the digital gaming industry to date.
• TSG/Fox Bet Partnership: In 2019, TSG entered into a partnership with FOX Sports to create FOX Bet in the U.S., a leading U.S. online gaming business. Wall Street Research estimates an approximate $1.1 billion valuation for Fox Bet post-partnership with The Stars Group.
• TSG/Sky Betting & Gaming: In 2018, TSG acquired Sky Betting & Gaming, the largest mobile gambling operator in the United Kingdom at the time, for $4.7 billion.
• TSG/CrownBet and William Hill: In 2018, TSG simultaneously acquired CrownBet and William Hill, two Australian operators, for a total of $621 million in a multi-part transaction.
• TSG/PokerStars and Full Tilt Poker: In 2014, TSG acquired The Rational Group, which operated PokerStars and Full Tilt and was the world’s largest poker business, for $4.9 billion.
Through his ability to legally structure large and complex transactions, Mr. Goldstein was integral to TSG’s vision of becoming a full-service online gaming company. Additionally, he assisted in structuring TSG’s capital markets activity, which generated liquidity for acquisitions and strengthened its balance sheet.
Prior to joining TSG, Mr. Goldstein was a principal shareholder in the corporate and securities practice at the international law firm of Greenberg Traurig P.A., where he practiced for almost 13 years. Mr. Goldstein’s practice focused on corporate and securities matters, including mergers and acquisitions, securities offerings, and financing transactions. Additionally, Mr. Goldstein was the founder and co-chair of the firm’s Gaming Practice, a multi-disciplinary team of attorneys representing owners, operators and developers of gaming facilities, manufacturers and suppliers of gaming devices, investment banks and lenders in financing transactions, and Indian tribes in the development and financing of gaming facilities.
Mr. Goldstein brings experience and insight that we believe will be valuable to a potential initial business combination target business. Mr. Goldstein received a Bachelor of Business Administration with a concentration in accounting from Emory University and a Juris Doctorate with highest honors from the University of Florida, College of Law.
Sean Ryan — Director Nominee
Mr. Ryan is a digital media and technology operator with extensive global experience in online payments, e-commerce, marketplaces, mobile ad networks, digital games, enterprise collaboration platforms, blockchain, real money gaming and online music. Since 2014, Mr. Ryan has been serving as Vice President of Business Platform Partnerships at Facebook, Inc. (“Facebook”) (Nasdaq: FB), where he leads a more than 500 person global organization that manages the Payments, Commerce, Novi/Blockhain, Workplace and Audience Network businesses. Prior to his current role, Mr. Ryan was hired in 2011 as the Director of Games Partnerships to lead and grow the global Games business at Facebook. While the Director of Games Partnerships, Mr. Ryan focused on re-shaping Facebook’s games and monetization strategies to derive more value for Facebook, its users and its partners, including the addition of a Real Money Gaming offering in regulated markets. Mr. Ryan’s team helped accelerate a major trend in engagement through cross-platform games and therefore the opportunity to increase users through establishing games on multiple platforms. Prior to joining Facebook, Mr. Ryan created the new social and mobile games division at News Corp, an American multinational mass media corporation controlled by Rupert Murdoch. While at News Corp, Mr. Ryan led the acquisition of Making Fun, a San Francisco social-game start-up, that created News Corp’s games publishing division.
Before joining News Corp., Mr. Ryan founded multiple digital businesses such as Twofish, Meez, Open Wager and SingShot Media. Mr. Ryan co-founded Twofish in 2009, a virtual goods and services platform that provided developers with data analytics and insights for individual application’s digital economies. Twofish was later sold to online payments provider Live Gamer, where Mr. Ryan served on the board of directors. From 2005 to 2008, Mr. Ryan founded and led Meez.com, a social entertainment service combining avatars, web games and virtual worlds. The white label social casino gaming company Open Wager was spun out of Meez and was later sold to VGW Holdings, Mr. Ryan also co-founded SingShot Media, an online karaoke community, which was sold to Electronic Arts (Nasdaq: EA) and merged into its Sims division.
We believe Mr. Ryan’s experience will be valuable to a potential initial business combination target and would provide an expanded perspective on the digital gaming landscape. Mr. Ryan received a Bachelor of Arts from Columbia University and a Master of Business Administration from the University of California, Los Angeles.
Tom Roche — Director Nominee
Mr. Roche has more than 40 years of experience in the gaming industry as a regulator, advisor and independent auditor. Mr. Roche joined Ernst & Young (“EY”) as a partner in 2003 and opened its Las Vegas office. He was subsequently appointed as the Office Managing Partner and Global Gaming Industry Market Leader. In 2016, Mr. Roche relocated to the EY Hong Kong office to supervise the expansion of the EY Global Gaming Industry practice in the Asia Pacific region. Mr. Roche has been integral to numerous transactions that have shaped the current gaming landscape, including:
• Wynn Resorts (Nasdaq: WYNN) initial public offering: Mr. Roche was the lead partner on Wynn Resort’s initial public offering, which raised $450 million in 2002.
• Harrah’s Entertainment/Apollo Management Group & Texas Pacific Group: Mr. Roche headed the regulatory advisory services on the buyout of Harrah’s Entertainment, the world’s largest casino company at the time, for $17.1 billion.
• Dubai World/MGM Resorts: Mr. Roche headed the regulatory and due diligence advisory services to Dubai World in its approximately $5.1 billion investment in MGM. Dubai World bought 28.4 million MGM shares, or 9.5 percent of the casino operator, for $2.4 billion. It then invested $2.7 billion to acquire a 50% stake in MGM’s CityCenter Project, a $7.4 billion 76-acre Las Vegas development of hotels, condos and retail outlets.
• MGM Growth Properties (NYSE: MGP) initial public offering: Mr. Roche provided tax and structural transaction services to MGM Resorts in the creation of MGM Growth Properties, a publicly traded REIT engaged in the acquisition, ownership and leasing of large-scale destination entertainment and leisure resorts. MGM Growth Properties raised $1.05 billion in its 2016 initial public offering.
Mr. Roche also directed EY advisory services to boards and management teams for profit improvement and technology related initiatives. In addition, Mr. Roche provided advisory support to the American Gaming Association on several research projects, including those specifically related to sports betting, the revocation of The Professional and Amateur Sports Protection Act of 1992 (PASPA) and anti-money laundering best practices in the gaming industry. Equally, he has assisted government agencies in numerous international locations with enhancing their regulatory approach to governing the industry especially in the online gambling sector.
Prior to joining Ernst & Young, Mr. Roche served as Deloitte’s National Gaming Industry Leader and as the co-head of Andersen’s Gaming Industry Practice in Las Vegas. In 1989, Mr. Roche was appointed by then Governor of the State of Nevada, Robert Miller, to serve as one of three members of the Nevada State Gaming Control Board for a four-year term, where he was directly responsible for the Audit and New Games Lab Divisions. As a board member, he spent a substantial amount of time assisting global jurisdiction regulators enact gaming legislation in the design of their regulatory structure. During his career, Roche has been involved in numerous public and private offerings of equity and debt securities. His background includes providing casino regulatory consulting services to casino licensees and to federal and state agencies including the National Indian Gaming Commission and the Nevada State Gaming Control Board, and industry associations such as the Nevada Resort Association and the American Gaming Association.
We believe Mr. Roche’s highly regarded reputation as a gaming auditor and advisor in the gaming industry will be valuable for us and a potential business combination target. Mr. Roche is a member of the American Institute of Certified Public Accountants and is licensed by the Nevada State Board of Accountancy and Mississippi State Board of Public Accountancy. He received his Bachelor of Science degree in Accounting from the University of Southern California.
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TAKE A GLIMPSE ON THE BEST SPORTS BETTING API PROVIDERS IN INDIA

Sports betting website development services have taken leverage in the past one year. The task of predicting results of sports matches and the way to place bets on the outcome of any sports match or events is a great way to accomplish revenue followed by a huge fan base. While sports betting games like cricket and football include people earning their bread and butter, however, it also includes people who bet for entertainment. You can provide millions with the platform to bet using the right sports betting API.
A bet has two possibilities. Either you win, or you lose. Bookmakers or bookies are the companies that provide sports betting services for the betting agency. Betting exchange is the service provider who offers a marketplace. The customer or the candidate who places a bet is called Punter.

WHAT DO YOU MEAN BY A SPORTS BETTING API

API is an application programming interface that is set between two websites to fetch data from the other. The website provides an application programming interface that creates flexibility for the other site. Ones the application programming interface is implemented to one website, the website that is executed will have access to all market odds.
Also Read: A GUIDE TO AN ADVANCED MULTILEVEL BETTING EXCHANGE PLATFORM

NEED A SPORTS BETTING API

The entrepreneurs have taken sports betting to a new level by providing a common platform to all the sports lovers. This concept of best sports betting API has provided wagers to sports lovers and service providers, through which the customers are also benefitted and earned a significant profit in the market.

WHICH ARE THE BEST SPORTS BETTING API PROVIDERS?

A number of sports betting API has made entry to business and some have become the leading sports betting API provider in the market. Here are some of the list:

SPORTS BETTING API PRICE

Please do not consider the cost as the deciding factor while you invest in sports betting API. The owners do not generate revenue when they lose a bid but also get a commission when they win and the adds that appear on the website give another fixed income.

HOW TO INITIATE PAYMENT FOR A SPORTS BETTING COMPANY FOR SPORTS API?

The primary area of concern is the cost and flexibility of the mode of payment when one decides the project. Depending upon the policies of different best sports betting website development company in India, either you are asked to take things digitally or use currencies.
Read More
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Data in the database vs In Memory

Hello there, my app uses C#, EF6, WPF, MVVM, etc...
I am currently contemplating the case for storing data in a database vs in memory. And was seeking some advice;
My real life example is a little complicated (Key Price Ladders when trading Betfair or other sports exchanges). So I shall try and simplify with a contrived example;
Lets take, products on the line of an invoice. Their sale price and their tax amount (GST in Australia, or VAT in UK and other places) would typically be stored in the database in tables something like this;
My query is in regards to the TaxTable. In financial situations tax rates can be presumed to change every now and then, so it sort of makes sense having them in the database for tracking historical change. Now lets presume tax rates change once in a blue moon, and or possibly never (as this is more analogous to my situation). Would it still make sense to store a tax table? Would it be better to just have a memory structure in your application that stores the TaxTable? A bunch of enums for example? or a collection that is hardcoded?
Thank you kindly for any advice
submitted by BeingFriendlyIsNice to dotnet [link] [comments]

How I gamed a sportsbook competition to win a $17,000 Superbowl trip

Hey guys, last week I posted about how I won $22k with a Betfair competition. Earlier in the year I also won a trip for 2 from Australia to America and tickets to the Superbowl, accommodation and so on.
You can read the full article with images and videos on my site at http://www.daily25.com/how-i-won-the-17000-ubet-superbowl-competition/ or simply read it below.
Last week I wrote about how I had won $22,000 thanks to a recent Betfair competition. This week I will explain how I won the Tattsbet (now Ubet) "Awesomely Excellent American Sports Tour" competition that was valued at $17,000. It was an amazing trip and I ended up bringing an extra friend on the trip and the 3 of us had an amazing time. This trip also helped me tick off a heap of bucket list items.
The Prize The prize was for 2 people. It included
Economy Return flights to Phoenix (which we upgraded to business class using FF points)
 Accommodation and transfers Superbowl tickets Tailgate party tickets NBA tickets PGA tickets 
We tacked on a few extras as well and went and saw a NHL game, as well as a lot of casinos and bars.
Here is the promo video Ubet had made.
The Competition rules
As mentioned in the last article, I make sure to read the rules a few times to look for any terms that might make it not worth my time but also to try and find any loopholes that may exist. The competition went for the month of November 2014 and was available to any tattsbet customers.
There was only one term I was worried about. But as I was not going to break any rules I thought it would not apply to me.
  1. Validity of entries: The Promoter reserves the right, at any time, to verify the validity of an entry or disqualify any entrant who submits an entry that is not in accordance with these terms and conditions or who tampers with the entry process. The decision to verify, validate or disqualify an entry is in the Promoter's absolute discretion.
Now here was the rule that showed me where the loophole would be
  1. How to enter:To enter, entrants must place a head to head bet on any NFL or NBA game during the Promotion Period using their account via TattsBet's website or smartphone apps. Entrants can also enter their retail ticket details via the promotion website if a bet is placed in a retail outlet. Additional entries will be counted for every additional head to head bet that is placed. Minimum bet $1, single bets only. All entries become the property of the Promoter.
I was already betting on the NBA and NFL as part of my normal betting, but would never bet at Ubet as they offer terrible odds. The key rule from the How to enter section was that for every bet that is placed you get 1 ticket in the draw. The minimum bet was $1. So if I bet $500 or $1 on a game, I would receive 1 ticket.
Here was my loophole. I was going to bet $500 on the game anyway, why not split that bet into 500 $1 bets instead and get 500 entries instead of 1.
Was it going to be worth my time? The next thing I did was work out if I really had a chance to win it. I had to figure out how many people were likely to enter the competition and how much it would cost me in time and money.
To figure out how many customers Ubet had, I simply checked their social media profiles. At the time I believe they had about 3,000 followers on twitter. They were small fry when it came to online betting. The take up rate of competitions like this are usually between 1-5% and 5% is highly unlikely. I estimated that they had around 30-50,000 customers and between 300 and 2,500 people would enter. Maybe 1% of them would really try and win it, so I was dealing with between 3 and 25 real competitors.
My numbers told me there would between 10,000 - 20,000 total entries.
I believed that my plan of attack would give me an 80% chance of taking out the prize.
My plan of attack I had a few different ways I could play this. I knew 100% I would be betting a max of $1 on each bet multiple times. Here were the potential ways I could play it.
 Bet my normal bets all at Ubet $1 at a time. I would get much worse odds and therefore this would be a real cost. Arb my bets between Ubet and Betfair for a small loss Just back favs under $1.20 and hope for no upsets 
I decided to go with the last option. Any teams under $1.20 I would back as many times as possible.
A small issue The Ubet system only allows you to bet on the same selection once every minute. I guess this is so there is time for them to move the price if you bet the maximum. There were maybe 5 or 6 teams a day priced under $1.20 and that meant I could get 5 or 6 entries per minute. So for an hours work I could get between 300-360 entries. Not a huge amount for an hour of my time.
An easy solution
This is where some basic IT knowledge came in handy. Computers are great at repetitive tasks. All I had to do was show the computer what I wanted it to do and make it repeat that over and over again. In nerd language, this is called a macro.
a single instruction that expands automatically into a set of instructions to perform a particular task.
I found some software that would create a macro based on my mouse movements and clicks. All I had to do now was go through the routine once and set it to repeat that after every minute. There were a few issues I needed to work through, but eventually I had the macro working perfectly.
I could not use my computer while the macro was running, but as the bets were placed while I was sleeping, that was not an issue. I would head to bed at around midnight, load up the macro bot and it would still be running in the morning when I got up. That meant there was at least 9 hours per day and 3,240 entries. Over the month I would get over 97,000 entries and everyone else combined would have only 20,000. This gave me an almost 80% chance of winning (based on my numbers).
I get caught 5 days into the competition I received a phone call from a Ubet representative. We had a chat and he let me know that they could see what I was doing and that it "wasn't in the spirit of the competition". He said they were happy for me to keep entering but I would only be allowed to place the total amount as one bet. There was no point in doing that so I stopped completely.
By this time I would have placed close to 20,000 bets. I assumed they were just going to delete my entries so I didn't give the competition another thought. I gave it a try and played within the rules but it looked like the jig was up. If my bets stood I now had a 50% chance of winning.
I make a call
A month later I tried to log into my Ubet account and it was locked, it said I had to call to have it reopened. I called up support and she was puzzled why my account would be locked. She said she would call someone and put me on hold. It dawned on me that I had probably won the competition as it was the day of the draw. When she got back on the line she was pretty excited and said "O, it's good news, let me put you through" and forwarded the call onto someone else.
The guy on the other end asked me if I was sitting down and I feigned surprise and happiness that I had won. I was still worried they would say I had broken some terms. But after I got off the phone call I was damn happy. Eventually once the prize was finalised I was able to relax and could really enjoy it.
Rule changes When Ubet relaunched their brand they ran another competition. It seems I had taught them a valuable lesson. The new rules of the competition said a max of 1 entry per person.
I know that a few others also tried to game this competition by betting heaps of times at $1 a bet. I doubt they used a macro to do it and had a heap fewer entries.
The Trip
The actual trip was amazing and we were able to witness one of the greatest superbowl endings ever. We were offered over $10,000 for each of our tickets on the day of the game, but an experience like a superbowl is only going to come around once in a lifetime for an Aussie. I will post about the trip soon and how fans thought our bus was one of the teams buses.
Lessons So that is how I won a $17,000 sporting experience. The key takeaways here were to always read every single rule, break down your potential competition and to maximise your chances of winning by using technology.
I'm looking forward to the next competition that pops up as I know a lot of you will be entering. It will make my chances much slimmer but as long as one of us wins, I'll be happy. It also seems my prior post spurred others into action as I received 5 emails this week from people who won $500 each in the latest Betfair competition. They all said they would never have entered if it wasn't for my post, that makes me feel pretty good.
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Please note: All Exchange API and / or data usage in any commercial context must be approved by Betfair.. Vendor Applications must use the Vendor Services API operations to subscribe customers to their approved Application Key The Live Application Key is made available only for the purpose of betting on the Exchange. The Delayed Application Key must be used for development and any functional Fixed! I tried using the bet pro visualizer the next day and it worked perfectly. Got two keys in the right side column (delay, active). SO try to copy the "exact" API key. Sometimes the mistake can be "incorrect API key". Now It works! The Delayed App Key should be use for development purposes and any functional testing. The key provides delayed Betfair price data. The delay is variable between 1-180 second snapshots. The Delayed App Key must also be used in simulation/practice applications where the facility to bet into live Betfair markets is not available. The Delayed App Key does not return traded volume data 'totalMatched' or EX_ALL_OFFERS via listMarketBook. To apply for a Live Application key please take note of the below. Before applying, please: Complete any testing using your Delayed Application key (Please note: read only access using the Live App Key isn't permitted)Ensure that your account has been fully verified in line with our KYC policy. Please note: We do not accept licence applications from India, Bangledesh, Sri Lanka or the UAE. Activate your app key¶. This process will generate two app keys: • A developer key which is designed for development purposes. This has a variable delay of between 1 and 180 seconds, doesn’t show matched volume and doesn’t need to be activated prior to use. The Betfair App Directory is the home of betting applications where you will find a range of tools, apps and interfaces that can be used on the Exchange. In order to connect to the Betfair API you will need an App Key, SSL Certificates and a username/password. App Key. Follow these instructions to get your app key, you can either use a delayed or live key. SSL certificates. Follow these instructions to set up your SSL certificates. Save your .ctr and .key files to a local directory. 4. Activate your app key. This process will generate two app keys: a developer key which is designed for development purposes. This has a variable delay of between 1 and 180 seconds, doesn’t show matched volume and doesn’t need to be activated prior to use.

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