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Sportradar provides in-depth sports data to media companies, bookmakers, sports federations and government authorities.
Founded in , the Switzerland-based company has attracted a slate of high-profile private investors, including Mark Cuban , Michael Jordan and Ted Leonsis.
It has also gathered up a series of influential business partnerships. It can, however, happen quickly.
Blank-check companies, also known as special purpose acquisition companies or SPACs, have been the favored method of late for fast-growing companies to go public.
Sports team owners are piling into the blank check rage. Defector Media and the Local Media Consortium think: an alliance of local media outlets announced their respective plans to enter a crowded digital sports media landscape last week.
In September Sportradar has become a shareholder of NSoft , a software company from Bosnia and Herzegovina that offers an omnichannel betting solution for betting and gambling operators.
Sportradar provides federations and law enforcement agencies with a system for detecting betting related match fixing.
These services are operated by Sportradar's Security Services division, with headquarters in London , England.
Sportradar's sport integrity services began with Early Warning System developed in following the Hoyzer scandal. The use of this system was one of the measures Bundesliga took to prevention further match fixing.
Fraud Detection System works by comparing odds movement patterns from online bookmakers with the expected odds movement patterns for a given match.
When suspicious matches are found, they are analyzed and then reported to the relevant federation. The federation can then start their own investigations.
Daily, the system receives roughly 5 billion odds adjustments from around different bookmakers. In addition, Sportradar provides workshops for clubs and federations to educate them on the consequences of match fixing.
Sportradar's sports distribution covers more than sport events and feeds clients like Google and Fox Sports.
Through the brand Betradar, Sportradar provides bookmakers with a number of sports betting services.
Sportradar create odds for thousands of games across 40 sports. The odds are created by feeding sports data collected by Sportradar into mathematical models.
For in-game betting odds, this requires continuous recalculation of the outcomes using the live data that Sportradar collects or acquires through licenses.
Sportradar also provides market monitoring, which allows bookmakers to compare their odds with the rest of the market. Bookmakers have to provide their own odds to make use of this service, thus making their own odds a part of the comparison with other bookmakers.
This service allows bookmakers to ensure they are not in an unwanted surebet situation. On August 12, , Sportradar extended its relationship with the National Football League to become the exclusive provider of official league data to sports betting operators in the United States and internationally in jurisdictions where betting is legal and regulated.
Sportradar will also use its integrity services to monitor betting on all NFL games and will have the right to distribute live audiovisual feeds of NFL games to sportsbooks in select international markets.
Sportradar has partnered with several sports federations to collect or distribute sports data. For Handball-Bundesliga Sportradar both collects and distributes official data,  while for the ITF , the umpire enters the data directly into the Sportradar systems.
Distribution partnerships can also include creating official web and mobile solutions [ buzzword ] , as well as the rights to stream video content.
Under a deal signed in October , Sportradar will provide The Football Association of Malaysia a platform for managing its federation.
Hershey is simply speculating on that point and not making a recommendation regarding a specific security. Sportradar shares something else in common with DraftKings — an investor roster littered with high-profile names.
Hershey said Sportradar investors are likely supportive of the firm becoming publicly traded due to the liquidity advantages associated with such a move.
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