|iBetX.com, the UK based person-to-person betting exchange, is offering its punters to compete for the title of prestigious title of European Backing and Laying Champion, in a new online competition to find Europe’s most successful horseracing punter. The championship is due to kick off on the 26th June and an initial £100 stake will afford gamblers 10,000 points to lay on a series of races. The most successful speculators will progress to the next round, and so on, until they reach three-day final, from July 9th-11th. The champion will receive a guaranteed minimum prize of £10,000.|
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.'
Founded in March 2003, IBetX is one of the fastest growing betting exchanges, and the only UK exchange to focus on American, as well as British horseracing. It sets itself apart from its UK competitors by accepting American customers. By making a betting exchange available for US horse racing, iBetX attracts US punters who are otherwise restricted by interstate gambling laws.