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Parbet.com is an electronic marketplace offering a live P2P sports betting exchange different from the traditional bookmaker service. Parbet.com is a broker/clearinghouse with technology that permits individuals to match each other’s bets. Parbet.com’s marketplace lets bettors buy and sell the results of specific sports events. It is a marketplace, working the same way as the share market, with dynamic pricing and total transparency. The difference is that the underlying commodity being bought and sold is not company shares but rather the outcomes of sports events. As customer, you can both offer and accept any games you wish. You take positions against other players, not against the house.

Parbet.com’s first aim is become the leading betting exchange serving Northern Europe. As a marketplace, the company will not take positions. This guarantees impartiality. Which means the site will be credible for all kinds of sports gaming information. Parbet.com will educate and entertain players — and give them an even break.

The company has been founded by a group of experienced sports bettors who felt that the time was right to take bettors and sports betting a step further. The Internet has made possible the Third Generation of betting services: betting exchanges or P2P betting. (The first generation was offline bookmakers and the second, bookmakers online).

Parbet.com underwent restructuring in the second half of 2004 and is in the starting blocks, about to take the steps necessary to complete what has been a successful beginning. New managing director is Carl Jurell with a background in music events and media. “It’s great to be a part of the breakthrough and establishment of the 3G of betting: the betting market exchange or P2P. I want to establish Parbet.com as a betting exchange and marketplace for all types of bettors, big or small, no matter where they are based. We want to give them access to the best odds and the best conditions for exchange betting in Northern Europe. The markets and market turnover are dependent on what is also our most important component for continued growth and marketing outreach — our customers. They are the market and they gain by market growth.”

Carl Jurell
Managing Director

Parbet.com
66 Old Bakery Street
Valletta VLT 09
Malta
Organisation registration number: C33955
Parbet.com is licensed and certified by
lotteries & gaming authority – Malta

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