Blokotech has introduced its white label solution, BlokoPredict, designed to integrate prediction markets into existing products of iGaming operators, media brands, and fintech services.
According to the company, the module can be easily integrated into the client's website and includes features for processing bets and winnings, calculating odds, and compliance tools.
The release states that the odds are generated by the LMSR algorithm, allowing transactions to occur instantly without the need for users to wait for a counter-offer from another participant. Additionally, the product allows for the creation of custom markets or the loading of pre-existing events from already connected data providers.