Spreadex Moves into Sports betting industry
Spreadex a UK based spread betting firm has expanded their offerings to online sports betting. The company is going to offer options in several markets which will cover over ten different types of sports. The company will also several options for gamblers.

The prices of the bets will be based on predictions (spreads) on the outcome of various situations. A few examples of this would be the score of a particular football game. Bettors can buy in if they are confident that their picks will be higher than the Spreadex spread or they can sell if they feel the number will be lower.

The company also has in-running betting on live events and bettors can place bets on prices that will be constantly updated as the game unfolds. Spreadex will also offer fixed odds spreads on several sports including: Cricket, Darts, Football, and Football Binary bets, Golf Binary Bets, Ice Hockey, Motor Racing, Motor Racing Binary Bets, Rugby League, Rugby League Binary Bets, Rugby Union, Rugby Union Binary Bets and Tennis.

- 2010-05-24

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