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Betonline Hires Four New Traders
Tuesday August 30, 2011 : Online sportsbook continues to expand
Panama City-based online sportsbook Betonline.com continued its expansion this week with the hiring of an additional four highly experienced traders - two from the United States and two from Europe.
The sportsbook, which also offers online casino and poker action, has also raised the limits on NFL to $25,000 a game and dropped the prices on international sports to what it claims is the lowest in the market.
“We’ve recently brought in four new traders—two from the States and two from Europe—and their impact on BetOnline’s sports offering has been dramatic,” said Alex Carey, chief marketing officer at BetOnline.
“They’re managing all of our live in-game action, which includes MLB and pre-season NFL, but also live soccer, tennis and golf. And while the live action is great, what they’ve been able to do with the moneylines is startling!”
Spearheaded by a former Pinnacle Sports trader, BetOnline is offering highly competitive 16-cent moneylines, spreads and totals in tennis, and 16-cent moneylines on matchups in golf.
“European books rob you by including the draw and making 3 way lines in golf,” Carey claimed this week. “If you’re betting on golf or tennis, you have to check our prices.”
The new ex-Bwin trader from Europe has ramped up the action on international team sports, too. 10-cent spreads on UEFA Champions League—with limits up to $5000—and 20-cent lines on Cricket and Rugby are now offered.
“In the US, we’ve often been jealous of the choice and value they have in Europe; no more,” said Carey. “Cricket and Rugby are usually 30 or 40 cent lines, Champions League typically 20 to 30 cents."
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Gambling News :
Tom Horn Awarded Malta Gaming License -
Online gambling software provider Tom Horn Gaming has been awarded a Malta Gaming Authority license that permits the company to host and manage Malta-based gaming operators.
Calvin Ayre invests in new Antigua Business Center -
Ayre joined with government officials this week in a ground-breaking ceremony for a five-story centre on Antigua which will be home for the venture. The "green" building will be solar powered and provide employee-friendly services like catering, a gym and child care.
Attack of the Zombies Slot -
Online gambling games developer Genesis Gaming has unveiled its latest game, with a theme based on a horror story of the undead, exploiting the current trend....and just in time for Halloween.
Why is FullFlush Poker Still Down -
Its now almost a month since Full Flush Poker went offline "for a platform upgrade" and stopped communicating with its reportedly many unpaid and unhappy players. All trace of the operator - and means to communicate with it - have vanished.
Time Running Our For Pennsylvanian online gambling -
Hopes that this week would see the Pennsylvanian Senate voting on an online gambling and DFS legalization bill already passed by the House four months ago dwindled Wednesday when no progress was made and the legislatures season officially closed.
Yggdrasil Gaming Expanding -
The Swedish online gambling games developer Yggdrasil Gaming is to establish a new parent company and expand its Stockholm office as it bolsters its presence in Sweden with a raft of new hires.
FanDuel and DraftKings Settle With NY Attorney General -
Speculation earlier this week that daily fantasy sports market leaders FanDuel and DraftKings were about to agree a settlement on consumer fraud suits prepared by the New York AG was confirmed Tuesday when a $12 million settlement was announced.
Stan james Now Live With EPOS -
The company switched to the Optima server less system across its entire estate in July after previously using Optima EPOS technology. The switch was completed early this (October) month and has already delivered noteworthy savings for the company.
Singapore Online Gambling Ban Begins -
Singapore media reports indicated Tuesday that restricted online gambling services offered by the Singapore Pools have started online operations, whilst Singapore Turf Club will commence online betting activity on November 15.
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