April 2024 Update: Liquid Odds

Hi Chancers!

This week we’re working on the liquid odds engine that will help power the betting system behind Chancer.

It involves us assigning priorities to determine the desired features, functionalities, and performance metrics that will go into the engine. We’re also reviewing the market with the help of the marketing team to understand how to best position Chancer in the betting space. We then will be focusing on the backend architecture of the odds engine.

This is an interesting challenge for us. We’re defining the system components, data flow, algorithms, and integration points with external systems. The architecture has to be scalable, flexible, and capable of handling real-time data processing especially as we have a ambitious roadmap, so what we build now will impact how easily we can scale so we have to to do a LOT of testing at this phase. We also are playing around with any third party APIs that can help us integrate quickly with any existing networks should we decide to open up to new partnerships.

Lastly we’re also working on marketing strategy around Chancer and considering our design and how our branding can be reflected in the product UI. This also will reflect in the product messaging which we’re testing out with small regional groups as we want our concept to be easily understood not just by an English speaking audience but several big cohorts that have shown interest, such as in the Asian/East Asian markets.

Here is a sneak peek of the front end with the odds calculator in.

Until next week,
The Chancer Team