|The countdown to the first ever European horse racing Backing and Laying Championship continues, with just 10 days to go before the first round on 26th June 2004. Already, hundreds of punters from across Europe have entered for the first round. The deadline for entries is midnight Wednesday 23rd June.|
Organised by iBetX in conjunction with a number of online partner sites, the European Championship is unique in enabling punters from across Europe to play against each other for the title and bragging rights of European Handicapping Champion and a guaranteed £10,000 first prize.
It is not about picking winners: it is about the punter with the biggest winnings overall from backing horses to win and laying horses to lose. This makes the Championship unlike any other in Europe. Traditional betting or handicapping competitions consist of competitors choosing horses they think will win and being allocated points for picking the right winners.
According to iBetX, its partners in the championships have been key to ensuring its success. Their establishment and expertise in the various different intricacies of horserace betting, tipping, form analysis and other betting related areas have brought a completely new level to the championships. iBetX’s director Imraan Malik commented on the partner sites “The partner sites have all looked closely at the championships and have helped to shape it to make it more appealing to their members.”
A number of teams have entered the Championship, aiming to take the crown and share the minimum guaranteed prize of £10,000.
The first round of the EHC2004 will be on the 26th of June, 2004. Closing date for entries is midnight on the 23rd of June, 2004. The entry fee is £100 and competitors are allowed to have multiple entries.
Issued on behalf of iBetX.com, contact: Imraan Malik, 0208 599 4334 / email@example.com
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About the European Backing and Laying Championship
The Championship has a qualifying round, a semi-final and final, all played online. All participants convert their £100 stake to an initial bank of 10,000 points to back or lay horses over two days during the qualifying round.
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 carry their “bank” through to the second round, to be held on July 3rd and 4th.
The online final will run over three days from July 9th to 11th. All participating punters will back and lay horses on the same race cards throughout the Championship, to ensure fairness.
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.