Sportsbook supplier Data.Bet reported its Q3 results, indicating a 60% surge in esports betting stakes, which led to a 79% increase in profits. 

Compared to Q3 2024, there was a 12% improvement in margin efficiency that contributed to the increase in profits. 

Player activity also grew, with the total number of placed bets up by 33%, and multiples seeing a rise of 53%. The active player base expanded by 126%, and the average bet size increased by 22%. The company did not report any figures, only the percentage increases. 

Commenting on the results, Bohdan Holovnov, Head of Esports at the company, stated, “Esports has proven its strength and reliability as a betting vertical. Quarter after quarter, we see steady engagement, growing turnover, and tangible revenue impact for operators. We’re pleased with the performance and even more excited about the momentum ahead, and we are scaling it together with our partners.”

More In-Play Betting Options Increases Player Engagement

The company stated that it has expanded its range of markets and enhanced uptime for in-play bets, particularly in the latter stages of contests. 

Data.Bet launched 2XKO betting this quarter, debuting its markets on the Riot Games title at the 2 NICE KO tournament in France. 

Interval-based kill markets were also introduced in League of Legends and Dota 2, enabling more frequent betting opportunities. 

Another major driver of growth was the expansion of Player Props across all top-tier disciplines, including CS2, Dota 2, League of Legends, and Valorant, in both pre-match and live formats. 

In shooters, ‘Total Deaths’ became a standout market, while official data coverage allowed Data.Bet to expand Player Props.

Partnership With Entain Expected To Continue Growth

The company noted that it also saw growth from Q2 this year, with revenue up 13%. This quarter, it also signed a deal with Entain to provide its esports betting feeds to of brands across the Baltics and Nordics.

Primarily, this will focus on Optibet and Klondaika, but the company said it plans to roll out its feed to more Entain brands in the future. 

Otto Bonning, Head of Sales at Data.Bet commented, “We’ve aligned on a clear roadmap to scale, with more Entain brands scheduled to join the rollout next.”

Risk Management Key To Increasing Profits

Explaining how it can increase profit considerably, Alexander Bezdolnyi, Head of Risk Management at DATA.BET, said the company is careful not to place restrictive limits on VIP customers. 

Bezdolnyi said the result of the company’s strategy is that “VIPs and high-value players are not unnecessarily restricted, while genuinely risky profiles are controlled with precision.”

He also said that Data.Bet employs dedicated esports traders, “with specialists who know how to set and balance the line and understand where fraud hides and legitimate trading activity occurs.”

Data.Bet is also a partner of the Esports Integrity Commission (ESIC) and has been since 2019. Other companies have joined up this year in a bid to spot fraud and clamp down on match-fixing in esports, including Rollbit, Beter, Betby, and Thunderpick.