Betfair Launches its Fixed-Odds Betting Website

05-23-2012

This Sunday, reports from Telegraph newspaper revealed that Betfair group is planning to launch its latest fixed-odds betting website for players. The launching of this new website may result in various direct competition with traditional bookmaker groups. The newly launched website is apparently prepared for lots of actions associated with 2012 Euro football championship.

Moreover, the new website can expand the offerings of online betting groups in such sectors, where the website perceived itself to be a disadvantage. Currently, 4 million punters are having their registration with Betfair group. Thus, Betfair has become one of the formidable competitors in the gambling sector. The newly launched website can facilitate Befair group to collect maximum 30 percent of bets from its players, who were placing their bets at some other places. OpenBet has also developed new facility for Betfair group. In addition, it has wide experience with some of the major gambling groups as SkyBet, Paddy Power and William Hill.


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