Manx-based egaming firm SBOBET has signed a deal to offer financial binary betting.

The company will use the Tradologic platform and has already launched the facility alongside its sport betting and casino games.

Binary betting is a sort of spread betting where players can buy or sell into bets, and financial betting is becoming increasingly popular online.

Bill Mummery, SBOBET’s executive director says the financial binary betting will complement the firm’s brand offering.