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BetsForTraders.com is seeing 17 times more bets on RBS than usual

Fixed-odds financial bookmaker BetsForTraders.com is witnessing an unprecedented increase in the volume of bets on Royal Bank of Scotland’s share price to rise.

BetsForTraders.com Market Analyst Ryan Kneale, said: “We have had 17 times more bets on RBS than usual and 89% of all bets are for the share price to go up. RBS is the stock that we are currently seeing the largest number of bets on.”

Ryan added: “The large increase in bets on RBS is due to rumours that the Qatar Investment Authority is interested in buying a stake in the British bank. RBS shares are up by 4 per cent so far during today’s trading and rose by 5 per cent during yesterday’s trading. Savvy market punters are piling in with the expectation that the share price will rocket.”

ENDS

About BetsForTraders.com:

Launched in 2007, BetsForTraders.com is a fixed-odds financial betting website which offers a range of 10 different types of fixed-risk bets on financial markets, single stocks, stock indices and the foreign exchange markets. Bets are fully customisable and operate through a real-time dealing interface.

As well as providing the largest range of bet types in the marketplace, the company offers a range of unique bet options not available through other betting sites. The website allows clients to “build their own bets” by adjusting the parameters using a sliding bar feature to optimise the price-payout ratio and specify the length of each bet, giving clients more control and price transparency.

BetsForTraders.com is owned and managed by Trinitas Capital (IOM) Ltd, based in the Isle of Man in the British Isles. The company is fully licensed to offer financial bets by the Isle of Man government. The Isle of Man is an important global banking centre and one of the best-regulated low tax jurisdictions. It holds a Standard & Poors AAA rating and has a high standard of accountability and numerous player protection laws. Due to its strict regulatory regime, it is one of only a few jurisdictions on the UK Government’s White List, which grants exemption from betting advertising restrictions. Trinitas Capital (IOM) Ltd. is subject to regular audits, software inspections and ongoing regulatory scrutiny by the Gambling Supervision Commission.

PR Contact:

Jill Duffell
Communications Manager
hblmedia
jill@hblmedia.com
0207 612 1830