Softswiss has launched its first Sportsbook Network Jackpot, a progressive jackpot system designed to bring together multiple brands within an exclusive network campaign, all contributing to a shared prize pool.
The Sportsbook Network Jackpot kicked off with an initial prize pool of €35,000, which will grow as more brands join the network. All clients using the Softswiss Sportsbook, including those on third-party platforms, are qualified to participate in the Network.
This progressive system offers operators the opportunity to provide larger rewards to players without increasing individual costs, while also boosting key metrics like player engagement, retention, and overall satisfaction. Softswiss research, based on data from its casino projects, shows that the Network Jackpot increases Average Turnover per User (ATPU) by 27.91%.
For players, there are no additional costs or efforts to participate - offering a fair competition with equal chances to win the grand prize, as compared to branded jackpots tied to individual sportsbooks. The concept has already proven successful in the casino sector, with the most recent Prime Network Jackpot campaign offering a €1,000,000 prize pool. Now, the Sportsbook Network Jackpot aims to replicate this success in the sports betting market.
Alexander Kamenetskyi, Head of Softswiss Sportsbook, said:
"Softswiss has always been about innovation, which is why we are the first to introduce the Network Jackpot for sportsbooks - a groundbreaking solution for the sportsbook market. We've launched this Network Jackpot with a relatively modest starting amount, but we're confident the prize pool will grow as more clients join. Jackpots are not widely represented in the sportsbook industry, and a solution like the Network Jackpot will surely attract significant attention from clients and players alike."
Angelina Stasiuk, Head of Business Line at Softswiss Jackpot Aggregator, added:
"The SOFTSWISS Jackpot Aggregator is a versatile tool that offers multi-level prizes, drops, and the Prime Network Jackpot. The Prime Network Jackpot has been our driving force throughout 2024, experiencing significant growth due to increased interest in this mechanic. We've seen remarkable adoption among casino clients in just one year, and I'm eagerly anticipating similar growth within the sportsbook segment."
As the Sportsbook Network Jackpot evolves, Softswiss expects rapid increases in both participation and prize pools. With this innovative solution, Softswiss continues to lead the development of effective and scalable engagement tools in the iGaming industry.
Softswiss partners of Bankrollmob.com:
PLAY
Stake$7 FreeT&C applies$7 No Deposit Bonus + 5% lifetime rakeback + 100% up to €/$500 Bonus (only 30x wager)
Please note: The no deposit bonus requires KYC Level 2 verification.
You need to contact Stake support to claim your no deposit bonus & deposit bonus (min deposit: $/€100, Max Deposit: $/€500).
PLAY
Vavada100 Free Spins on The Dog HouseT&C applies100 Free Spins on The Dog House (no deposit required) + 100% on the First Deposit up to $€1000!
NOTE: No Deposit & deposit bonuses needs to be activated under "Profile", "Bonuses".
PLAY
Playamo$/€300 + 150 FreespinsT&C appliesWelcome Bonus – Get up to €/$300 + 150 Free Spins!
3,500+ exciting games, several accepted fiat and cryptocurrencies, thrilling tournaments, lucrative progressive jackpots, a rewarding VIP program, speedy cashouts, awesome promos and bonuses, and 24/7 excellent customer support!
Source: https://www.softswiss.com/news/press-releases/softswiss-first-sportsbook-network-jackpot/
