Tiidal Gaming Group Corp, a leading esports and gaming platform company, has announced that Sportsflare, a wholly-owned division of Tiidal Gaming, has entered into a licensing agreement with Bayes Esports Solutions GmbH, a leading data provider in the global esports industry, based in Germany.
Through exclusive esports data rights, Bayes Esports offers accurate and real-time live data for well-recognised esports titles such as League of Legends, CS:GO and Dota 2 and has developed BEDEX, the central hub for esports data, collecting and distributing official data from live esports events to bookmakers, broadcasting teams, esports organisations and media. These data protect against errors, improve risk management and increase product granularity. As a result, this agreement enables the creation of the next generation of in-play esports wagering products including “Flash Markets”.
As a new client, Sportsflare will use live data from Bayes Esports for the development of the Company’s industry-leading suite of esports odds products, including Betbuilder, pre-match/in-play odds, and player proposition markets. In addition, Sportsflare’s products will be distributed to Bayes Esports’ client network, consisting of Tier-1 sportsbooks. The Company will be paid a monthly fixed fee for Sportsflare’s products and receive a revenue share of all betting activity from the end client.
“We are pleased to sign a licensing agreement with Bayes Esports. Odds providers often rely on unreliable and unreliable data scraping and we aim to fill that void through this agreement. Given the strength of Bayes Esports’ data, we provide sportsbooks with an advanced end-to-end offering which is integrated with high quality data, which enables us to offer more competitive products. We look forward to working with Bayes Esports and integrating their esports data with our odds offerings,” Max Polakzuk, Chief Technology Officer at Tidal Gaming, said.
“We are extremely pleased to welcome the ambitious team of Sportsflare to our trusted circle of select Bayes Esports data partners. We have seen them grow for some time and look forward to seeing this dynamic team drive both innovation and integrity to pioneer esports betting service on a global scale. It is companies like these that find new and fun ways to connect with Target. We continue to push the envelope of bringing in a group that is younger and more dynamic than all traditional sports. We are delighted to equip them with industry leading esports live data and tools to make their vision a reality,” Amir Mirza, COO and Managing Director at Bayes Esports Solutions, said.