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Gambling Right2bet makes a point
12/1/09 - Betfair's Right2Bet campaign for an even playing field in European gambling is currently promoting a Charity Challenge that has a real sting in the tail - not only does it raise money for charity; it dramatically illustrates the better returns achievable by betting with private companies rather than state monopolies.
The challenge picks a weekly football match anywhere in Europe and then finds the prices offered by the state monopolies (the only operators available to punters in these countries) and the best price from a private operator (which can be taken by customers from any other E.U country, such as Britain or Ireland), then places a 'bet' at these prices with each operator on the winning outcome. The difference between the best commercial price and worst state operator is then added to the charity kitty, which will be donated to a worthy charity come the end of the season.
The idea is to highlight the large difference in achievable winnings between the private commercial companies and State monopoly firms... and so far the difference is looking rather bigger than even the campaigners could have imagined.
In the last three rounds it demonstrated that winners with German Operator Lotto-Bayern could have enjoyed winnings 67 percent greater had they placed their bets with the commercial companies!
In addition to the Charity Challenge, the campaign's site – available at www.right2bet.net - features the latest news and views from the European deregulation campaign, the chance to directly e-mail your local M.E.P, and light-hearted items such as the 'poetry corner'.
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Gambling News :
FanDuel adds English Premier League action -
Daily fantasy sports operator FanDuel, which is now additionally active in the UK market, has announced the inclusion on its roster of English Premier League action, with associated contests scheduled for roll-out next week.
Coral Q4-2016 earnings reports -
Ahead of its forthcoming merge with Ladbrokes, the online and land gambling group Coral published its Q4-2016 financial numbers Thursday, detailing the twelve week period ended September 25 2016.
Unibet in cooperation with -
Online gambling operator Unibet Group has signed a cooperation agreement with the FIFA subsidiary Early Warning System GmbH (EWS).
Kiron Interactive in deal with Digitain -
The online gambling expo and conference EiG 2016 has enabled two online gambling companies to come together in a commercial deal; specialist virtual games supplier Kiron Interactive has inked an agreement to distribute its virtual games via Armenia’s Digitain.
GLOBAL SPORTS BETTING WORTH $253.3 BILLION BY 2020 -
Ujjwal Doshi, lead analyst at the research firm, says, “Low-cost cross-border service delivery is opening up sports betting markets, which were previously protected by state-regulated monopolies or dominant local operators.”
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