eSports Odds Calculation and Risk Management With Vlastimil Venclik CEO, oddin.gg
Legalsportsreport.com reported that sports betting represents the most popular product among eSports fans. Betting on eSports is more or less identical to betting on traditional sports, with the limitations that the eSports betting product is far less developed than the traditional sports betting product.
START YOUR OWN SPORTSBOOK FOR JUST A SMALL FEE PER WEEK PER PLAYER HERE
Players can choose between cash-based or skins-based sites when betting on eSports matches.
In terms of popular games, real-money League of Legends betting leads the pack, but CS:GO betting is a close second and closing ground, according to an analysis by Narus Advisors / Eilers & Krejcik Gaming.
This (relatively) new type of betting got off to a slow start, but it has gained a lot of traction over the last couple of years. This is also thanks to the adoption by the millennials and the growth has been so explosive that it’s been estimated that the global esports betting market will be worth nearly $30 billion by the year 2020.
The eSports fanbase is huge, but it’s nowhere near as big as the fanbases for traditional sports such as soccer, football and tennis. Most people outside of those types of fanbases don’t have any idea what eSports are all about. They certainly don’t know anything about betting on them. Imagine when this convergence will start to happen.
The organizers of Prague Gaming Summit are honored to announce that you will get the opportunity to hear more about how eSports in changing the betting industry and bringing more millennials to the mix from leading expert of the eSports industry, Vlastimil Venclik.
Vlastimil Venclik, while acting as CTO, has built the first low-latency and fully automated infrastructure for eSports odds calculation and risk management. The company was the market maker on Betfair Exchange and provided eSports feed to one of the biggest UK operators.
Vlastimil`s passion are the most advanced technologies and their application in business.
His current project, where he acts as CEO, is Oddin. The team has been building the eSports bookmaker, which calculates its own eSports odds and has its own platform to engage with millennials on multiple fronts. The company leverages the expertise of the team members from data science, image recognition, AI, social engagement and marketing.
Vlastimil will join James Camilleri (Head of Sales and General Manager, Scout Gaming Group Malta), Martin Wachter (CEO and Founder, Golden Race), Assaf Stieglitz (President, Odds1x2 Holdings), and Nadiya Attard (Director, Business Development EMEA and Asia at NetEnt) in the “Marketing & Innovation: Understanding Millennials - eSports, Daily Fantasy Sport, Virtual sports and Online Slots Games” panel discussion, which will be moderated by Tiago Aprigio (CEO at All-in Translations)
You can Register here or View the Agenda
About Prague Gaming Summit
The yearly summit offers the opportunity for both new companies and veterans, to learn about industry insights and compliance updates, while also take part in several industry related discussions with the leading groups that are at the forefront of the gambling industry in the Czech Republic, Slovakia, Poland, Austria, Switzerland, Germany, and Liechtenstein.
Panel discussion lead by the leading experts of the gambling industry, will approach all regulatory and compliance related aspects of the mentioned markets and will also highlight some trending topics such as the relationships between Regulators, Operators - Affiliates, MasterCard's new requirements for Online Merchants (CFD, FX, Gaming, Crypto), understanding millennials (with emphasis on eSports, Daily Fantasy Sports an Virtual Sports), outsourcing for gaming companies, IT security, AML, KYC, CSR.
The program will also include a very important IMGL MasterClass that will aim to share the latest insights by the International Masters of Gaming Law experts about advertisement banning.
The conference is held on a yearly basis and it is a “must-attend” gathering for all industry shareholders who are looking for top quality learning and networking having the online and land-based gambling industry in focus.
Full details about the event can be found on the official event website: www.praguegamingsummit.com
About the organizer, European Gaming Media and Events
European Gaming Media and Events is a leading media and boutique event organizer company in Europe and produces the prominent conferences in the region such as:
- CEEGC (Central and Eastern European Gaming Conference)
- CEEG Awards (Central and Eastern European Gaming Awards)
- Prague Gaming Summit
- Mare Balticum Gaming Summit
- Baltic and Scandinavia Gaming Awards
- EGC (European Gaming Congress)
- VIGE (Vienna International Gaming Expo)
The live events/conference division is in charge of organizing boutique style executive gaming events that focus on bringing inside information from the top gaming experts in the European Union and beyond.
In short, they cover most areas of Europe with international events that serve the local and global industry, optimize networking opportunities and bring the hottest topics into scope.
The event destinations in 2019 will include a further expansion for the company in their quest to enter the Western European region and bring their expertise to produce local gaming events.
For more details about the calendar, agendas and locations, visit the Live Events/Conferences section on europeangaming.eu
