Salzburg, 26th February 2002 - TIPGATE, the onlinesportsbroker from Austria, offers the new generation of onlinesportsbetting: trading of betting slips like they were sharesrealtime, real money and live during the sports events.
From Monday, 25th february 2002 on, all drivers of thecurrent F1 season can be traded as shares under www.tipgate.com.Every single race daytrading in the short-term-market or longterm speculation on the final results of the F1 championship2002 in the long-term-market. Immediate reaction on anyovertaking, any pit stop or any crash by buying more shares of adriver or selling them if necessary. TIPGATE offers valid live-prices in every lap of the race, for every drivers' sharenobody else does.
Additionally, there is total football with TIPGATE:Livetrading on all the matches of the UEFA Champions League, thePremier League, the German Bundesliga and the Austrianmax.Bundesliga.
TIPGATE combines the emotions of sports with the fascinationof stock exchange trading. Authorised to trade as a bookkeeperand totalisor according to the law of the land of SalzburgTIPGATE develops and runs electronic exchange dealing systems inthe Internet, where shares of teams and athletes can be tradedduring major sports events. No balance sheets, no interimannouncements - at TIPGATE all that counts is the sportingsuccess of athletes and teams, who can be traded as shares. Likein real stock markets the shares' prices depend on supply anddemand. At the end of a market period all the sports sharestradable on a market are repurchased. The repurchase price ofthe sports shares is determined by the sporting success of therespective teams or athletes.
Further information:
TIPGATE Internetwetten GmbH Christian Prechtl Schillerstraße30 5020 Salzburg Austria T: +43 (0)662 452994 F. +43 (0)662450882 Email: christian.prechtl@tipgate.at Web: www.tipgate.com
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