Enquire Betting Firms: What measures can be implemented to prepare verification systems for significant surges in traffic during events like the Olympics, UEFA Euro, and so on?
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As the Olympics and UEFA Euro approach, betting companies are gearing up to handle increased traffic, implementing strategies that focus on scalability, robust architecture, and real-time monitoring. Here's a look at some effective strategies that these companies are adopting to maintain their verification systems under peak loads.
Building a Scalable Infrastructure
Betting companies are leveraging auto-scaling servers, caching mechanisms, and efficient databases to manage millions of users with minimal latency. This ensures that verification and related systems maintain performance even under peak loads.
Integrating Advanced Technologies
To enhance their systems, betting companies are integrating technologies such as Redis for fast caching, Kafka for reliable messaging, and cloud-based auto-scaling groups to dynamically adjust resources during traffic spikes.
Implementing Robust Data Analytics and Real-Time Data Access
To monitor user behaviour and system performance, betting companies are implementing robust data analytics and real-time data access. This enables quick adaptation to changing traffic patterns and fraud detection requirements.
Deploying AI-driven Fraud Detection
To reduce manual verification load and increase system resilience under heavy user influx, betting companies are deploying AI-driven fraud detection and verification tools. These tools automatically flag suspicious activities, helping to maintain a secure environment.
Using Cloud Optimization and Automation
To reduce costs and improve system efficiency, betting companies are using cloud optimization and automation. This allows them to scale operations without proportional increases in overhead during high-demand periods.
Choosing Specialized Hosting and Affiliate Tracking Solutions
To ensure stable user verification and accurate data tracking during major events, betting companies are choosing specialized hosting and affiliate tracking solutions that provide high storage, bandwidth, security, and real-time reporting.
One such solution is Sumsub, a verification platform that can analyse over 14,000 types of documents and adapt to more than 40 languages. Sumsub's solution allows betting companies to quickly onboard new users during sporting events, while also detecting various types of fraud, including bonus abuse, multi-accounting, affiliate fraud, money laundering, and illegitimate chargebacks.
The Importance of Verification During Major Events
During major sporting events, user traffic for betting companies can spike by approximately 200%. This can tempt companies to cut corners in the verification process. However, loosening up verification too much can lead to a spike in fraud, potentially harming the company's reputation.
To learn more about Sumsub's solution, check out the demo. By implementing these strategies, betting companies can ensure a smooth, secure, and efficient user verification process during large sports events.
Sports-betting companies, in preparation for the Olympics and UEFA Euro, are also leveraging data-and-cloud-computing technologies to enhance their verification systems. They are adopting cloud-based auto-scaling groups, Redis for fast caching, and Kafka for reliable messaging to manage millions of users at peak loads, ensuring minimal latency. Additionally, they are deploying AI-driven fraud detection tools like Sumsub, which can analyze over 14,000 types of documents and adapt to more than 40 languages, enabling quick onboarding of users during sporting events while also detecting various types of fraud.
