Prediction market platform Polymarket has expanded its partnership with Sportradar, the Nasdaq-listed sports data provider, according to The Information as cited by Odaily. Under the broader arrangement, Polymarket will gain access to high-speed data and streaming video content from more than 20 sports associations for use in its sports-related prediction markets. The goal is to bring more official event data into Polymarket’s betting markets, cut delays in the flow of live information during games, and improve the user experience for people trading sports predictions. The development also points to growing acceptance of prediction-market models among sports leagues, even as U.S. regulators continue to examine the legal status of such platforms. As demand for sports prediction products grows, Polymarket is leaning on recognized data sources to strengthen its position in the sports prediction market segment.
Prediction market platform Polymarket has expanded its partnership with Sportradar, the Nasdaq-listed sports data services company, according to The Information as cited by Odaily.
The expanded deal will give Polymarket access to high-speed data and streaming video content from more than 20 sports associations to support sports-related prediction markets on the platform.
The partnership is set to bring more official sports event data into Polymarket’s betting markets, reduce delays in the transmission of live information during games, and improve the experience for users taking part in prediction trading.
The report said the deal also suggests sports leagues are becoming more open to the prediction-market model, though U.S. regulators are still reviewing the legal status of related platforms. As demand for sports prediction grows, Polymarket is using authoritative data feeds to reinforce its competitive position in the sports prediction market.
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