Binary Option Sports Betting

The world's largest wholesale binary options broker , DigiBookie , has announced today that it will be merging its wholesale binary options operation with its sports betting division. This news is significant for a variety of reasons, but mainly it allows prudent retail traders and bettors the chance to take advantage of the deep discounts that DigiBookie offers in both divisions. Below is a brief comparison between them and their competitors in both divisions (based on up/down markets):

Typical Retail Binary Broker Payout – 73% Per Trade

Digibookie Binary Broker Payout – 84% Per Trade

It would seem obvious that they will be making a significant impact on the market place. "We have been the clearing house for some of the largest binary brokers in the world" Says William Lattimore COO, " We figured it was time to cut out the middleman and go directly to the astute retail trader and bettor".

Binary options are the hot new investment vehicle that allows an investor to attain significant gains if they can predict the direction of the market in a short period of time. The business model is quite similar to the sports betting industry.

Discount Sports Bookmaker

DigiBookie is also significantly discounting its commission on its sports bets. Until now they offered their services to smaller bookmakers globally, allowing those bookmakers to lay profit on top of DigiBookie's lean margins. After long deliberation, Mr. Lattimore and his team have decided to take the same action they did in the binary action arena. "We  are offering sports bets at half the commission most North American sports bettors are used to betting into" Says Mr. Lattimore.

Below are the sports they specialize in:

NBA & NCAA Basketball

NFL & NCAA Football

NHL

Major League Baseball

While they are big players in all sports, DigiBookie touts itself as the number one alternative for Major League Baseball and College Basketball. "We offer bets no other bookmaker even thinks of offering" Adds Mr. Lattimore.

Digital Currency Based Sports Betting

Another major development in the binary option and sports betting world is the way DigiBookie is integrating digital, or virtual, currencies into its operation. These currencies enable the trader/bettor to achieve a certain level of privacy along with speed of execution. The currencies they are specializing in are:

Liberty Reserve This is the longest running digital currency. They have been processing payments since 2001. Privacy and safety are paramount for Liberty Reserve. The firm has been working with Digibookie for over 5 years in one way or another.

Perfect Money This is the most technologically advanced digital currency. They have been around since 2007, and have forged a reputation based on solidity and a strong financial foundation.

Pecunix This digital currency is based on the price of gold , so it is a little risky in that department, but they have been around a long time, thus garnering quite a bit of positive feedback from its multitude of users.