27th of August 2011 Author: Glo Wood
Four new traders hired
Four new, experienced traders have been hired by Panama City-based online sportsbook Betonline, which with this move continued its expansion.
In a statement issued by the company, which also has casino and poker in its offering, it is specified that two of the traders come from the United States and two from Europe.
In addition, the company has 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.
According to Betonline's Chief Marketing Officer Alex Carey, 'We've recently brought in four new tradersâ€”two from the States and two from Europeâ€”and their impact on BetOnline's sports offering has been dramatic.
'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!
'European books rob you by including the draw and making 3 way lines in golf. 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 Leagueâ€”with limits up to $5000â€”and 20-cent lines on Cricket and Rugby are now offered.'
In conclusion, Carey stated: 'In the US, we've often been jealous of the choice and value they have in Europe; no more. Cricket and Rugby are usually 30 or 40 cent lines, Champions League typically 20 to 30 cents."
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