iBetX Launches European Horseracing Punter's Championship
By staff
iBetX.com, the UK based person-to-person betting exchange, has announced the first ever European horse racing Backing and Laying Championship, which will start on the 26th June 2004. The Championship will see punters playing online internationally for the title of European Backing and Laying

Champion, plus their winnings, and a guaranteed minimum £10,000 first prize.

The European Champion will be the punter with the biggest winnings overall from backing and laying horses, with all participants starting from an initial £100 stake. The competition is not about picking the winning horse:

it's which punter makes the most money over the competition.

The Championship will have a qualifying round, a semi-final and a final, all played online. All punters in the Championship will start with their £100 fund which will buy them a bank of 10,000 points to back or lay horses with

over two days during the qualifying round.

According to iBetX's Imraan Malik: 'Betting has always been a competition between individual punters, and between punters and bookies. The iBetX European Championship takes this a stage further, enabling serious punters to play against each other for the title, and for the prize purse, for an individual entry fee of just £100. It's about which punters are the shrewdest judges of form, conditions and how to grow their prize purse.'

The first round of the Championship will be held online on June 26th and 27th on the days race meetings. The top 25% of punters with the most points from this round will go through to the second round, to be held on July 3rd

and 4th, which again will be held over two days. The online final will run over three days from July 9th to 11th.

Entry for the European Backing and Laying Championship is £100, punters can have multiple entries but each entry is managed separately and cannot be aggregated. If punters wish to enter the competition at round two, the cost

of entry will be £1000.

For the Championship, iBetX is partnering with a number of leading tipster and betting sites, including:

Nap of the Day - www.napoftheday.co.uk

Tipsters Challenge - www.tipsterchallenge.com

North American Racing - www.northamericanracing.co.uk

Betting Exchange News - www.betexchangenews.com

Betting Jobs - www.bettingjobs.com

All the Bets - www.allthebets.co.uk

SM Birdline - www.smbirdline.com

All Weather Racing - www.allweather-racing.com

Lay of the Day - www.layoftheday.co.uk

Ex-Jockey - www.ex-jockey.com

Mathematician Betting - www.mathematician-betting.co.uk

CD Systems - www.cdsystems.uk.com

Fortune Racing - www.fortuneracing.com

Bookie Mania - www.bookiemania.co.uk

1x2 Betting - www.1x2betting.com

UK Horseracing - www.ukhorseracing.co.uk

Gary Christie Racing - www.garychristie.co.uk

Above All Odds - www.aboveallodds.com

ACE Services - www.ace-services.co.uk

Issued on behalf of iBetX.com, contact: Imraan Malik, 0208 599 4334 /imalik@ibetx.com

Press contact:

Context Public Relations

Kim Williams, kim@contextpr.co.uk, tel: 01625 507202

Craig Coward, craig@contextpr.co.uk, tel: 01625 507 204

Main No: 01625 511 966, Fax: 01625 511 967

About iBetX.com

Founded in March 2003, iBetX is a superior betting exchange specialising in horse racing. The Company is licensed as a bookmaker in England and Wales and holds a valid Bookmaker's Permit issued by Petty Sessional Division of

East Central. iBetX does not however operate as a bookmaker, the company does not accept bets itself, but acts as a broker, matching customers' bets with one another. In return for this service, IBetX' charges a consistently low commission from net winnings on an individual betting market. For further information please visit www.ibetx.com.

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