Trading Update

RNS Number:1451M
Betbrokers PLC
21 January 2008


Press Release                                                    21 January 2008

                                 Betbrokers plc

                         ("Betbrokers" or "the Group")

                                 Trading Update


Betbrokers plc, (AIM: BETB), the UK's first retail and wholesale brokerage and
clearing house for the sports betting industry, is pleased to announce the
following positive trading update.

Since the successful completion of the acquisition of Winning Edge, the trading
name of Global Sports Edge International, Inc. in September 2007, Winning Edge
has contributed US$2.3 million in revenue to the Group.

The UK business continues to perform strongly. The average deal size has
increased to £1,106 for the 2007 calendar year, which represents an increase of
16.18% over the previous calendar year. The number of transactions has also
increased by 74.7%, from 29,969 in 2006 to 52,352 in 2007. Growth is also
demonstrated in traded volumes, which are up to £53.6 million for the 2007
calendar year from £28.5 million in 2006.  This strong growth has been driven by
the continued increase in new clients with Betbrokers' retail client base
expanding to 1,345 as at 31 December 2007 from 519 as at 31 December 2006.  The
Group wholesale client base (bookmakers) has also grown considerably and as at
31 December 2007 stands at 317, an increase from 213 at the corresponding date
in 2006.

Commenting on the trading update, Wayne Lochner, Chief Executive of Betbrokers
plc, said:  "The continued progression of our UK business is evidenced by the
increased average deal size in conjunction with increased numbers of retail and
wholesale clients. The growth in the average deal size is particularly important
for the Group as this additional revenue increases the Group's margins and
positively impacts the bottom line.

"Winning Edge has proved to be an important addition to the Group's
comprehensive offering as seen by the record turnover since the acquisition.
Costs have been significantly reduced at Winning Edge since the delisting of the
company from the American market.  We are confident that Winning Edge will
continue to perform in the future and believe that the Group can benefit from
the significant cross-selling opportunities that exist between our UK operations
and Winning Edge."

                                    - Ends -


For further information, please contact:

Betbrokers plc
Wayne Lochner, Chairman and Chief Executive           Tel: [phone]
[e-mail]                                       www.betbrokers.com

Daniel Stewart & Company plc                             
Simon Leathers                                        Tel:  [phone]
                                                         www.danielstewart.co.uk



Media enquiries:
Abchurch Communications
Chris Lane / Franziska Bohnke                         Tel: [phone]
[e-mail]                      www.abchurch-group.com


About Betbrokers plc


Betbrokers is the UK's first independent betting brokerage.  The Company
facilitates transactional business between both retail gamblers and wholesale
clients.  The Company's operations were formally launched in 2005.

Betbrokers provides services, from its dedicated dealing room in London's Canary
Wharf, to two groups of participants within the gambling industry:



  * The Company provides its retail customers with the advantage of best price
    execution together with the ability to deal 'in size' in a majority of
    sporting events.  Retail customers will soon be able to access advanced
    data-sales and trading analysis platforms, which feed from aggregated
    internal price mechanisms.
  * Betbrokers already has agreements with over 100 bookmakers, providing them
    with the opportunity to take on additional bets from retail customers.
    Importantly, the Company also offers bookmakers a facility to effectively
    manage their risk exposure by hedging positions anomalously using Betbrokers
    as an intermediary to deal with the other bookmakers.

Betbrokers floated on the AIM market of the London Stock Exchange in November
2006.  Further information is available on the Company at: www.betbrokers.com



                      This information is provided by RNS
            The company news service from the London Stock Exchange
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