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Betfair down?
Betfair down?
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Replies: 111
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Looks like that's what Betfair are slowly doing to me.
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There must be money in exchanges. Betfair were making huge profits before the sportsbook etc came along
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As I said the other week, you are all being slowly weeded off the exchange and onto the sportsbook, the exchange has reached it's optimum level. People wont have it though.
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are there figures available that show their profits from each product?
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And their crap virtual games
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Fair point but it clearly worked.
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Don't know if a new exchange could pop up and immediately have such draconian charging levels. PC worked because players were already tied in.
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Nice....bollards
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BF share price only took off after sportsbook...
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Exactly.
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Does anybody here use sportsbook? I've never gone near it
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sportsbook down
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The Exchange is a risk free profitable business model and someone will emerge and take over the baton from Betfair.
If the Exchange closed tomorrow, Betfair would be a tiny Sportsbook |
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If the Exchange closed tomorrow, Betfair would be a tiny Sportsbook
I tend to agree. Clearly Betfair know the full figures. I get the impression they are using the excellent name and reputation they built up for themselves to grow the sportsbook. |
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Well done. The prices look crap to me so I've stayed away
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I attempted to place my first bet on there £400 at 1/2 and I was offered £9.
Never been back. |
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the prices are in general not that great but if u keep an eye out they have the odd mistake and decent value price.
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Ha ha that's almost as bad as Betfred :)
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the exchange is probably an inconvenience. they cant shut it down or sell it, cos the new exchange would attract half the customer base away. they dont really want it, but have no real choice but to keep it.
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they should sell it but are just being selfish.
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Betfair Sportsbook contains crackpot risk averse traders frequently offering the worst prices seen in the betting industry.
No shops, very little Live Video, a hacked off Exchange Customer Base and stiff competition out there. Bit like a tiddler attempting to bite jaws. Betfair is nothing without the Exchange liquidity and will be finished when this liquidity finds a new home. |
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i got offered about £30 on an evens on the sportsbook. its not really aimed at people who bet regularly. just the average joe who puts £5 on england winning the world cup.
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i think they keep the exchange so they can use the name betfair for the sportsbook. betfair being synonomous with best prices and person to person betting.
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yeah the exchange gives them loads of free publicity. whenever anybody says the name betfair, in relation to the exchange, thats great for them.
if they sold the exchange, they know that the name would obviously have to be changed. then that new named exchange would get all the free publicity associated with it. then even if the new owners werent bookies, theyd soon launch their own sportsbook on the back of the exchange! they cant sell it, itd be suicidal. |
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yep the name has big brand value.
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The Fair part left in 2008
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Do bf prop up the casino exchange ? There's some serious money punted there all day every day, went there for a free bet and was amazed..
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Our Engineers are continuing to work on fixing the issues with the site. We’re sorry for this disruption to your betting experience.
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Hmmnnn...fingers crossed viewing livescore then..
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How long does sh!t like this usually take, id like a bet on the arrows.
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Longer than your bet requirements usually
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what a fin joke, i think i will start my own free money website, how the f do you get license? these jokers don't deserve one for sure...
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Hmmnn - got away with it on the Icelandic games but no palpable if lost..
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The sportsbook is ok for penny punters, min bet 10p, bit of a mystery to me as to the shareprice success - maybe casino profits a la fobts..
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what the F???????????????????????
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On the plus side - forum working well...enjoy your punts
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just had a look at other exchanges, how do they manage to so rubbish?? not just no money, but abysmal design.
they try to have too many markets too, im sure theyd be better off starting with only covering select big events per day. make it easier to find them. do everything possible to attract money in those events, then slowly add more over time. having thousands of markets with tuppence in each one doesnt seem to serve much point. |
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im not convinced another exchange can ever compete though. the money is where the money is. no point using an exchange that has no money. but without money there, nobody will take their money to the site. its impossible, isnt it?
its the old 'need experience to get a job, but cant get experience until you have a job' thing all over again! |