OpenBet Handles Over 25m Wagers During 2015 Cheltenham Festival

OpenBet platform handles more than 25 million wagers over four days of the 2015 Cheltenham Festival.

OpenBet, the world’s leading software provider for the sports betting industry, has announced record numbers of wagers accepted on the 2015 Cheltenham Festival.

The company, which provides software for the likes of William Hill, Paddy Power, Ladbrokes, SkyBet, Coral and Betfair, revealed it had handled more than 25,000,000 bets during the four-day event and processed some 146 million payment transactions in the same period.

With one of world’s largest horse racing festivals taking place during business hours, it comes as no surprise that an average of 63 per cent of all bets were placed using smartphone and tablet devices.

Some 20,000 Bets Placed in a Single Minute

The company’s technical capabilities were tested to the max, as the number of wagers placed in a single minute on the platform amounted to 20,000 during the busiest times.

Some predictable outcomes at the 2015 Cheltenham saw punters enjoy plenty of success, which in turn resulted in serious losses for UK’s largest sports betting operators, although the bookmakers reportedly saved around £50 million due to the fall of Annie Power alone.

And taking also into account that most leading bookies attracted plenty of new customers during the four days of the highly rated event, they still have plenty of reason for optimism as top European football competitions enter the final stage.

About OpenBet

OpenBet is a software company based out of London, UK, with offices in Sydney and Montreal. They provide gaming software for sports betting operators, state lotteries and online gambling industry, and currently employ over 550 people.

Europe’s leading bookmakers deploy their high-end platform to provide their customers with a seamless betting experience, with multiple languages and currencies supported catering for an international player base.

OpenBet allows punters to bet via desktop, mobile, phone or on the high street using a single account, as well as to place their wagers quickly and securely.

The company is a winner of numerous industry awards and they were voted as one of the best 100 firms to work for in the United Kingdom back in 2010.

OpenBet has also been voted Sports Betting Supplier of the Year four times in a row and they continue to be at the forefront of the highly competitive industry.