A feature-level teardown of exchange panel software — what production betting systems actually need.
Demos hide everything interesting. Here's the 15-point spec I'd hold any exchange panel to, grouped by subsystem:
Market layer: per-delivery session repricing · multi-source odds ingestion with automatic failover · sub-100ms market suspension on wicket events · exchange-style back/lay with live position math.
Money layer: 5-level credit hierarchy with per-level P&L rollups · double-entry ledger (mid-match settlements cascade across thousands of accounts atomically) · real-time exposure aggregation with limit enforcement · configurable bet-delay + winning-account profiling · full settlement audit trail with rollback.
Delivery layer: unified wallet across sportsbook + casino providers · payload budgets for mid-range Android on 4G · standby-domain switchover as routine ops.
The operator-facing version with why each feature matters commercially: 15 Features Every Operator Must Demand
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