Online gaming firm, PartyGaming has teamed up with bookmaker Sporting Index to launch a fixed odds horse racing service on its PartyBets.com platform. 

The partnership between the two companies will see PartyGaming augment its PartyBets sports-betting operation.  Before the launch of this service PartyBets were only able to offer starting prices on horse racing.  However, the new service features unique early prices, ante post markets and special bets from the market-leading trading team.  It will showcase comprehensive coverage of UK, Irish and premier international race meetings.

Sporting Index have created a new wholesale division called Spin Services, which has been designed to provide all horse racing odds compilation and associated trade advisory services for PartyBets.com. 

A PartyGaming spokesman said, “The traders at Sporting Index are well known for being among the very best in the industry and have made the company the recognized world leader in spread betting.”

“Teaming up with Sporting Index to expand our fixed-odds betting services is a winning combination.”

With the launch of the new horse racing service, comes an innovative promotion whereby the winnings on the first and fifth bet are doubled for new customers.

CEO of Sporting Index, Richard Glynn said, “Two years ago we made the decision to change from being a single product company – (sports spread betting) to being a provider of pricing and trading solutions.”

“Everybody but everybody sees sportsbook as the heartbeat of the industry.”

He then added, “Spin Services has been designed to assist the wider gambling and gaming industry with all its trading needs.”

“We are delighted to be enabling PartyBets to offer its customers a first-class comprehensive horse racing service.”

PartyGaming have been busy, as they have also recently launched a deal with German company RTL for a free-to-play poker site designed for German customers.

About PartyBets.com

PartyBets was launched in November 2006 after the acquisition of Gamebookers, a non-U.S.-facing sportsbook.  PartyBets.com and Gamebookers.com are both integrated on the Party-branded gaming platform.  Bets can be made on a whole host of sports in 11 languages and in several different currencies.

About Sporting Index

Sporting Index is the world’s only dedicated sports and event spread betting company.  It was founded in 1992 and in the sports spread betting market it has a UK market share of over 70 percent.  The company employs 110 people all based in London.  The company offers spread betting on a variety of sports and a portfolio of virtual games.  Spread betting is also offered on the General Election and reality television shows.