With the onset of the new football season, the biggest development is the introduction of VAR (Video Assistant Referee) in the Premier League. The erratic nature of how the VAR is being interpreted by officials provides a big headache for traders wanting to make sure that they aren’t stung by an unexpected decision, but at the same time provide a seamless, entertaining product to customers.
Click here to watch the session from this year’s Betting on Football conference at Stamford Bridge in March, where Sky Bet Head of In Play Football Joe Petyt, RedZone.bet Managing Director Warren Llambias, Head of Compilation at Abelson Odds Jeevan Jeyaratnam, C&N Sporting Risk owner Rory Campbell and Gaming Economics CEO Lee Richardson discuss how they were approaching the new challenge.
As Petyt said at the time: “As soon as we think there will be a VAR incident, we suspend that market,” he admitted. “That might mean that a game is suspended for five or six minutes each, which is pretty bad on an individual game basis.
“However, this could be worse for anyone tracking a six-fold weekend accumulator on the Premier League. If the VAR incidents don’t overlap, their bets could potentially be suspended for 30 of the 90 minutes. This is obviously a terrible customer experience.”