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09 Feb 18 13:14
Date Joined: 01 May 01
| Topic/replies: 3,354 | Blogger: Pinza's blog
"BRITBET, the new on-course betting pool firm promises a 'by-racing, for racing'
operation when it takes over from the Tote at 55 racecourses in July.

"We aim to deliver a first class experience for customers on and off the course"
said the director of communications David Williams.

"Daily Mirror" 8th Feb"

Last night I discussed it with an employee at Chester and he had heard about it.
The guy who set up Chester Bet is the same guy setting it up.

Does that mean 10% commission off every bet ?
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Report onlooker February 9, 2018 5:42 PM GMT
Aren't Chesterbet - Riponbet et al ... simply Industry SP Less 10%

The new Britbet are calling themselves POOL betting, aren't they ... in response to Betfred losing his exclusive POOL betting rights in July.

Were they just the same as Chesterbet - Riponbet ... then Brit bet would not have had to WAIT until then.
Report mmmalushka February 10, 2018 9:00 AM GMT
Pool betting,anyone know what the Britbet take out % will be? Should be an interesting battle for the online customers I imagine fred will be laughing up his cuff at losing the oncourse business which wont be profitable, promoting tote/pool betting online only with a 15% take out should make for interesting times ahead.
Report Magic__Daps February 10, 2018 9:16 AM GMT
Whatever "takeout" they are giving to Williams they need to put back in and get rid of him for starters!
Report mouse muldoon February 10, 2018 9:21 AM GMT
In this day and age how does a tote taking 15% expect to compete with an exchange taking as little as 2%?
Report salmon spray February 10, 2018 9:27 AM GMT
How much does Fred take now ?
Report mmmalushka February 10, 2018 9:33 AM GMT
moose,placepot jackpot quadpot scoop six, exotics,their is a market for these types of bets which Betfair dont do.
Report mouse muldoon February 10, 2018 9:34 AM GMT
Fred takes 19.25% from the win, it was 16.5% prior to June 2017.
Report salmon spray February 10, 2018 9:45 AM GMT
Report mmmalushka February 10, 2018 9:53 AM GMT
28% for the placepot which hopefully will change with a bit of competition.
Report Ibrahima Sonko February 10, 2018 9:54 AM GMT
27% deduction on placepots.
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