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Betfair launches Fixed-Odds Website

According to The Telegraph, the online gambling group Betfair is set to launch a new fixed-odds betting website that will help it compete with traditional bookies.

Betfair’s sports operations Nick Hagen said,” We know from our own research that we lose 30 percent of our customers’ sports betting wallet to the competition. Why should customers have to go elsewhere and why would we willingly let this large chunk of business walk out the door?”

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