New algorithmic trading: revolutionising the betting market | Novusbet

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New algorithmic trading: revolutionising the betting market

Novusbet launches new algorithmic and AI trading models to power its sports betting product ahead of ICE London 2023.

Novusbet, a leading Sportsbook operator, has announced its partnership with market-leading data providers to launch a cutting-edge algorithmic trading system for its sports betting platform. The new system uses mathematical models and algorithms to analyse data on sporting events, teams and players to make predictions and execute trades automatically.

Novusbet's algorithmic trading system aims to take advantage of market inefficiencies and discrepancies between odds offered by different bookmakers. It helps traders make decisions faster and with greater accuracy, and also allows them to manage their risk by automatically adjusting their positions in response to changes in odds or other market conditions.

"We are thrilled to be at the forefront of the sports betting industry by introducing this innovative algorithmic trading system. With this new technology, we aim to provide our users with a seamless and efficient betting experience, while also helping them to achieve better results."

Simone Suppa, Novusbet’s Managing Director

This fully-automated system operates 24/7, allowing customers to take advantage of market opportunities at any time. The system is also designed to be highly customisable, letting users to set their own parameters and adjust their strategies according to their individual needs.

"We believe that this new algorithmic trading system will be a game changer in the sports betting industry, and many companies will start to use this approach as a standard in the future. We are confident that it will help us attract and retain a growing number of users and establish Novusbet as a key player in the field."

Simone Suppa, Novusbet’s Managing Director

With its new algorithmic trading system, Novusbet is set to revolutionise the way people bet on sports and will prove it at ICE London 2023. The company's commitment to innovation and excellence is sure to keep us at the forefront of the industry for years to come."

Novusbet will be present at ICE London 2023. Book a meeting now!