IG said in a statement that the group has continued to experience strong volumes both in the UK and internationally and it will continue to develop its unregulated product range including a simplified form of binary betting specifically designed for the sports market.
Binary betting is a form of fixed-odds betting, which quotes prices between 0-100 instead of, say, in decimal or fraction format, and unlike IG\’s main product, spread betting, it offers limited risk and limited reward.
In separate news, Blue Square launched a new suite of virtual sports games developed by CTXM. The new offer, which includes \’Penalty Shootout\’, a virtual soccer game, \’Blue-Bury Park\’, a multi bet virtual horse racebook, and \’Kennel-Woof Park\’, a multi bet virtual greyhounds racebook, enable bettors to place all bet types, including complex bets and multi meeting bets, 24/7 regardless of real-life events.
Calculators
