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Cantor to offer fixed odds sports betting

Spread betting City chaps turn bookies

Monday 24th May 2004



Cantor Index, the spread betting company, today launches its taking fixed-odds betting service, Cantor Odds. The service will offer fixed-odds bets on all major sporting events, and will put Cantor in direct competition with the online betting operations of established bookmakers such as Coral Eurobet and Ladbrokes, as well as other online bookmakers.

Cantor Index managing director Lewis Findlay said: 'This move is a direct result of requests from our clients for a one-stop shop. With the growth of spread betting and betting exchanges, many people forget the industry dominance of traditional fixed-odds betting.'

It seems the new service will cater to big bettors. Cantor described its punters as “sophisticated,” and as such 'will allow for very large stakes - larger than many competitors'. Cantor currently offers mobile spread betting via PDAs, and has an existing sports spread betting site.




Source: OnlineCasinoNews