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Tuesday 20th April 2004

Supertoto

Expekt.com, Unibet, and Globet.com, normally fierce competitors have joined

forces in order to challenge the betting monopolies of Europe. Together they

are now launching Supertoto, which will give European monopolies in Europe a

tough match for the customers. The competing betting companies have set up

the jointly owned company, Monnet Ltd, registered in Gibraltar.

The games offered so far by the private betting companies have mainly

focused on odds for various sports. But the three competitors have now

launched a so-called pool game where the total prize money is determined by

the sum of all stakes from the punters.

- The gaming monopolies of Europe has increasingly focused on games of

chance in recent years, such as gaming machines and casinos, whereas we have

had great success in games which are based on skill and knowledge. Therefore

we will continue our collaboration and develop more betting products, says

the competing betting companies in a joint statement.

Supertoto consists of 14 selected football matches whose results are

selected by the customer (home win, draw or away win). The matches are

played on Saturdays and Sundays, and will be selected from the best leagues

in Europe, like Premier League in Great Britain, Primera Division in Spain,

Series A in Italy and the Bundesliga in Germany, etc. There will be a focus

on matches involving famous teams and matches that are broadcasted on TV.

80% of the stakes will be reserved to the pool which is almost twice as much

as the monopolies normally provide. The stake is 0.1 Euro per line.

Customers can win on 14, 13 12 and 11 correct matches. The total prize money

depends on the pool of money, but a single winner on 14 correct matches is

guaranteed a prize of at least 100,000 Euro for at least the first 10 weeks.

Bets can be placed up to 15.00 on Saturdays.

Starting today, it is possible to play Supertoto on the gaming company's web

sites, where more information about the game is also available.

* www.globet.com

* www.unibet.com

* www.expekt.com

Another continental sportsbetting company is about to launch Supertoto as

well in the near future.

A European telephone conference will be arranged today at 16:00 CET, where

questions can be asked about the gaming companies and Supertoto.

Representatives from the gaming companies will be present at the telephone

conference.




Source:OnlineCasinoNews



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