How does RisingWave enable live in-play betting?

RisingWave processes live game events with sub-100ms latency, enabling real-time odds calculation, bet settlement, and risk exposure management. Its SQL interface lets odds compilers define complex pricing models without custom code.

Can RisingWave handle betting volume spikes during major events?

Yes. RisingWave's cloud-native architecture scales dynamically in under 10 seconds, handling millions of bets per second during peak events like the Super Bowl or World Cup without service degradation.

Sports Betting

Adjust Odds and Detect Fraud in Real Time, Every Match

Use streaming SQL to compute live win probabilities, adjust lines within milliseconds of game events, and detect syndicate betting patterns before they cost you.

Live Match Monitor

All Markets

Active Matches

247

● In-play

Bets/Minute

52,841

across all markets

Avg Line Move

120ms

● Sub-200ms

Fraud Alerts

no alerts active

See Live Demo

Trusted by 1,000+ Data-Driven Organizations

for Real-time Analytics

Trusted by 1,000+ Data-Driven Organizations for Real-time Analytics

The Problem

Are Your Odds Slow Enough to Get Arbitraged?

When line updates lag behind game events, sharp bettors exploit stale odds faster than your trading desk can react. Every second of latency is money walking out the door.

With RisingWave

Update Odds Within Milliseconds of Every Game Event

RisingWave processes match event feeds in real time — recomputing probabilities, adjusting lines, and detecting syndicate patterns in a single streaming pipeline with sub-second latency.

Live In-Play Odds Engine

Recompute win probabilities and market lines within milliseconds of every game event — goals, fouls, possessions, and momentum shifts.

Syndicate Bet Detection

Detect coordinated betting patterns across accounts and markets in real time. Flag syndicate activity before payouts, not after.

Real-Time Liability Management

Continuously track aggregate exposure across all open markets. Automatically adjust limits and suspend lines when thresholds are breached.

See RisingWave in Action: Sports Betting

See how RisingWave processes real data in real time — not a recording, not a simulation.

A licensed sportsbook offers live in-play betting on 200+ concurrent matches. Odds must adjust within 500ms of any game event (goal, red card, injury) — traders who are slow get arbitraged by sharp bettors monitoring odds across 15 competing books.

⚠During a Champions League match, a 73rd-minute red card took 8 seconds to reflect in odds. Sharp bettors placed $180K in +EV bets before the line moved.

LIVEmatch_events

match_id	event_type	minute	team	player	home_score	away_score	ts
UCL-2024-QF3	KICK_OFF	1	home	NULL	0	0	2024-03-15T20:00:00.000Z
UCL-2024-QF3	GOAL	23	home	M. Salah	1	0	2024-03-15T20:23:14.000Z
UCL-2024-QF3	YELLOW_CARD	38	away	L. Martinez	1	0	2024-03-15T20:38:42.000Z
UCL-2024-QF3	GOAL	52	away	V. Osimhen	1	1	2024-03-15T20:52:07.000Z
UCL-2024-QF3	SUBSTITUTION	61	home	D. Nunez	1	1	2024-03-15T21:01:33.000Z
UCL-2024-QF3	RED_CARD	73	away	L. Martinez	1	1	2024-03-15T21:13:28.000Z

Streaming SQLRunning

▶Ingest live match event feed from Kafka✓

CREATE SOURCE match_events WITH (
  connector = 'kafka',
  topic = 'sports.match.events',
  properties.bootstrap.server = 'broker:9092'
) FORMAT PLAIN ENCODE JSON;

▶Compute live win probabilities and odds✓

live_oddsauto-updating

match_id	market	home_prob	away_prob	home_odds	away_odds	last_event
UCL-2024-QF3	moneyline	0.59	0.41	-144	+144	GOAL
UCL-2024-QF3	moneyline	0.78	0.22	-355	+355	RED_CARD
UCL-2024-QF3	moneyline	0.89	0.11	-809	+809	GOAL

✓RisingWave processes the red card event from the data feed within 120ms. Win probability for the 10-man team drops from 41% to 22%, and moneyline odds auto-adjust from +145 to +340 before the first sharp bet lands.

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Why RisingWave

Start Your Journey to Smarter Sports Trading

Use the power of streaming SQL to protect your margins, catch fraud, and deliver a faster trading operation.

Eliminate Arbitrage Exposure

Close the latency gap that sharp bettors exploit. Update lines within milliseconds of game events so your odds always reflect reality.

Catch Fraud Before Settlement

Detect coordinated syndicate activity, bonus abuse, and suspicious bet patterns in real time — before payouts are processed.

Maximize Trading Margins

Optimize hold percentages and manage liability exposure across all markets in real time, turning your trading desk into a competitive advantage.

Adjust Odds and Detect Fraud in Real Time, Every Match

Are Your Odds Slow Enough to Get Arbitraged?

Update Odds Within Milliseconds of Every Game Event

Start Your Journey to Smarter Sports Trading

Ready to Upgrade Your Trading Desk?