OpenBet delivers epic 85,000 peak bets per minute during 2023 Grand National
OpenBet’s technology seamlessly processed 400 million account transactions
April 17, 2023 – OpenBet, a leading platform, content and service provider to the global sports betting industry, produced record-breaking results across the three-day racing festival at Aintree, reporting 48 million bets processed during the three days and an 8% increase in bets placed on the Grand National Festival in comparison to 2022.
Derek Fox rode Corach Rambler to a historic victory in the world’s most prestigious steeplechase. Betting activity was at an all-time high surrounding the race, with OpenBet reporting 100% uptime through 85,000 peak bets per minute across all operators, made possible by the supplier’s powerful platform technology.
Key highlights across OpenBet’s customers included:
- Nearly 20 million bets were placed on the Grand National 5.15 race itself
- Average stake for singles across Win and Each Way markets was £5.27, nearly £2.50 lower in comparison to the Cheltenham Festival
- Top 3 most backed horses were ‘Aint That A Shame’, ‘Any Second Now’ and ‘The Big Dog’
- 5% of total Grand National bets placed were on the winner ‘Corach Rambler’
OpenBet’s partners, including iconic brands from across Entain and Flutter Entertainment, were able to provide racing enthusiasts with a superior betting experience thanks to the reliability and scalability of the supplier's robust platform. The results further strengthen the longstanding relationships developed between the companies and demonstrates why OpenBet remains the partner of choice for market leading operators.
Jordan Levin, CEO at OpenBet, said: "At OpenBet, we understand the importance of the world’s biggest sporting events for our partners, and once again we have delivered. As expected, betting interest on the Grand National was exceptionally high, and the operators that OpenBet fuels were fully equipped with the technology and services required to provide a seamless betting experience for millions of players across the globe.
We're constantly innovating and upgrading our technology to provide the most advanced and reliable products and services to our partners. This success at the Grand National only reinforces our commitment to excellence, and we're excited to continue working with our partners to deliver even more success in the future.”
OpenBet is a world leader in sports betting entertainment. With over 25 years’ experience and a passion for innovation, OpenBet’s modular range of technology, content and services is entrusted by the globe’s biggest sports betting brands, lotteries, casinos and tribal operators. It is a leading business-to-business sports betting partner in the U.S., U.K., Australia and Canada, with a strong position in Europe and APAC. To date, OpenBet has over 75 global customers and a 100% uptime record across major sporting events.
OpenBet is a subsidiary of Endeavor, a global sports and entertainment company.
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