As we reported this week, mobile betting will soon be making massive profits and Sporting Index are keen to get in on the action. Teaming up with mobile technology providers mfuse, they are pleased to announce the launch of their new Bet on the Move service – essentially an extension of their online spread betting service for mobile users. Bet on the Move will provide live betting updates on odds to gamers with colour Java-enabled handsets for no charge other than accessing the web. Punters will be able to view their open bets, close bets, withdraw and deposit money, just like on the internet.
Sporting Index launched its live interactive online sports spread betting service, SportingIndex.com, in July 2001 and now owns 70% of the market for online spread betting. Last year rivals UKBetting signed up with Orange bringing betting to their mobiles phones.