Banach Technology, the leading builder of quant driven sports betting product has completed development on the full suite of all four U.S. professional sports.
Banach who, through advanced mathematical modelling and AI aligned to high performance compute, aims to be the global market leader in utilizing match data and operator risk information to create the industry’s most accurate pricing and risk management algorithms.
For their U.S. sports suite, Banach’s unparalleled depth of coverage in each game allows the end customer to create bets that include legs from any or all of the money lines, player props, team scores, disciplinary events, game periods and all other markets. Unique among B2B offerings, Banach’s product offers in play bet placement and cash out on all propositions and customer-built bets. In addition to Banach’s automated same-game parlays, teasers and build-a-bet functionality operators can optionally consume pricing for singles on money lines, player propositions and a comprehensive set of pre-match and in-play derivative markets
Banach was founded with the ambition of creating the most exciting sports betting product available within the industry. The company combines decades of sports modelling experience (being operated by the personnel that developed and lead the quants & modelling division at Paddy Power for over 10 years), with a bespoke cloud-based pricing platform where end-to-end latencies are measured in milliseconds.
The Banach pricing platform prices several billion potential bets per minute across matches at peak trading times – powering an immense depth of product which an operator can mine to create ready-made selections, money back offers, insured bets and free to play engagement.
Integration options include feed only and direct integration of Banach’s bet creation front end. The front end is customizable to the operators look and feel and the content is configurable allowing the operator to manage product localization, timings and risk management.
Banach’s US offering is served from the same platform that powers Ladbrokes-Coral ready-made multiples and build-a-bet offering in the UK.