Virtual Racing Benefits
For a Virtual Racing Operator, RewardBet® others a compelling solution.
RewardBet® has already signed a non-exclusive agreement with Kiron Interactive to put RewardBet® in as a user-interface option for their virtual customers.
“We can’t stop talking about RewardBet® - we want it in our virtual racing product yesterday!”
Since virtual racing primarily appeals to gamblers in the first instance, who are not across the traditional racing wagering product bet types, there's a significant hurdle of bet type education that needs to be overcome.
RewardBet's patented solution allows for faster, easier engagement for the virtual racing customer. Some of the advantages include:
- World's Fastest Betting Interface™ - reducing customer betting transaction times by over 15 times, which is especially important with Virtual Racing's rapid race-to-race action,
- Reduces barrier to entry - Punters can engage with RewardBet® with no prior knowledge of bet-types - traditionally a significant hurdle to virtual racing engagement,
- Attracts and engages with more punters - RewardBet's interface is enjoyable and exciting to use for all punters,
- Reduces Costs of Operating - quicker betting transactions, reduced ticket stock overheads, simplified betting interface - all substantially reduce operator overheads,
- Operates across any channel: operator, ticket, digital - providing a quick, seamless betting experience to every customer.
A working-prototype of RewardBet's Interface on a Virtual Racing product reduces the number of clicks for the customer by about 20 fold to place a bet. Vitally important when there's a virtual race every two minutes with about 1 minute to 'place your bets'.
Virtual Racing operators know too well how the existing bet types and the requirement for a punter to know how to use them are a significant barrier to new player engagement.
RewardBet® allows new players to have the best racing experience - either real or virtual - without requiring prior knowledge of bet types before they have their first bets.
As they use RewardBet®, they will start to learn about bet types gradually - which allows many more customers to experience the racing product and slowly educates them about the bet types - so you end up with higher engaged punters.
