Betfit.com Releases New Betting Exchange for Online Gambling
Unlike traditional sportsbooks, betting exchanges increase the odds and resemble real-life betting situations.
(PRWEB) February 19, 2005 -- Silva’s Global Entertainment, SA, a company
settled in Costa Rica and formed by European entrepreneurs with several years of
experience as punters, announces the launch of the new betting exchange BetFit,
available at www.betfit.com. Betfit’s present goal is to attract clients of
the traditional sportsbooks who understand the way betting exchanges operate and
are willing to benefit from those advantages, as well as aim at the already
installed betting exchanges markets and online gamblers.
Executive
Director of Betfit.com, Ricardo Silva, explained, “A betting exchange is a
facility where consumers place bets between each other on the outcome of a
certain event. Like real world bets about the outcome of a certain game, one
person bets on a certain outcome and another bets against it. Consumers do not
bet with the fixed odds offered by a traditional sportsbook. On the contrary,
they negotiate the prices of their own bets, thus obtaining better odds. With
betting exchanges, consumers make more profits and have more fun.”
The
betting industry was shaken with the introduction of the betting exchange
industry. Gamblers’ betting patterns and habits rapidly changed when they
received the ability to bet against the outcomes of certain events, which is not
available with traditional sportsbooks. A new era began, changing the betting
industry forever and even changing the name of the “sportsbooks” to “traditional
sportsbooks,” in order to differentiate from the new ones.
Changes are
also being made in the new betting exchange industry as well. Being new, there
is a lot to expand and to develop. An increasing number of traditional
sportsbook clients are changing to the new betting system, and traditional
sportsbooks themselves are using the concept in order to makeup from the bets
accepted from their clients. The market is growing on a daily basis, and demand
increases proportionally.
About BefFit
BetFit’s software has a
user-friendly interface and was launched in the first day of the Chinese New
Year of the Rooster, in February 9, 2005. A new, more powerful and featured
version of the Betfit.com betting exchange software platform will be released in
mid-2005, allowing multilingual capabilities and multi-currency betting among
others features. Some of these new features have never before been seen in this
industry and will revolutionize the way it operates.
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Source : http://www.prweb.com/releases/2005/2/prweb210123.htm