BETFAIR CASH OUT TOOL REACHES ONE MILLION MILESTONE

Thursday September 15,2011 : Lucky punter awarded GBP 1000 for being millionth user of trading tool
 
Online betting exchange Betfair announced that its “Cash Out” trading tool has been utilised for the millionth time.
 
The feature available on football and tennis markets, was introduced in February and automatically calculates how much profit a customer can bank at any given time, allowing the punter to react quickly and profitably as the action unfolds.
 
The company revealed that 20 percent of its football punters utilise the tool that has seen over GBP 10 million bet during this year’s fledgling Premier League football season alone.
 
Betfair’s lucky millionth “Cash Out” punter won GBP 1 000.
 
The company intends rolling out the tool across more markets and sports as well as its mobile platform in the near future.