Are Punters who dont use Betfair losing out?

albert kidd

J-Fit wrote: »

Doesn't matter if they up it. The successful traders on Betfair are already paying 20%+ and if they all jump to Betdaq, the monopoly will have been broken. Daq will never go to 60% because Betfair's abusive position would no longer be tenable, whilst the added competition would force charges down. There is negotiations going on in the background with Betdaq and Smarkets anyway to avoid that scenario.

i hope the big boys do make the move..while the charges dont affect me directly,i think its disgusting what betfair are trying to do..

but on the flip side,the same noise was heard from them when the pc charges were introduced and the same threats were made of leaving and it come of notting..so who knows.

J-Fit

albert kidd wrote: »

i hope the big boys do make the move..while the charges dont affect me directly,i think its disgusting what betfair are trying to do..

but on the flip side,the same noise was heard from them when the pc charges were introduced and the same threats were made of leaving and it come of notting..so who knows.

True but that was 20%, people could just about swallow that. 60% is a whole different ball game.

albert kidd

J-Fit wrote: »

True but that was 20%, people could just about swallow that. 60% is a whole different ball game.

yeah i agree taking more of the profits you'd get yarself is pure madness.

i still reckon some behind the scenes agreement will be done with those who it will affect and all this will blow over and soon be forgotten.

J-Fit

Interesting blog post.

http://green-all-over.blogspot.com/2011/07/competition.html

albert kidd

J-Fit wrote: »

Interesting blog post.

http://green-all-over.blogspot.com/2011/07/competition.html

cheers,ill have a read.

jjll

im not sure about betfair

J-Fit

They calculate amounts matched differently on Betdaq but over £1 million was matched on a race there today. I personally have never seen that before on Daq. Things could be starting to change.

LOTTOWINNER

Is the site down?

The Walsho

Yep. Follow their Twitter accounts to keep up with news.

J-Fit

LOTTOWINNER wrote: »

Is the site down?

Yet another reason to go to Betdaq. I simply can't believe how these people at Betfair keep getting away with this. There is people's money on the line and this is at least the 4th major outage this year. I lost a packet in the one in Feb when I couldn't trade out of a bet. Totally moved to Betdaq yesterday and have been given 2.5% commission there for those that are interested. You do have to ask for this to be applied to your account.