New Posts For Thread: Purple have introduced “Premium Charges”https://community.betfair.com/general_betting/go/thread/view/94082/30715209/purple-have-introduced-premium-chargesPurple have told me that they are increasing my commission rate permanently. They denied that it was a Premium Charge but then went on to explain that it was because they didn’t make enough money from me (i.e. it’s a premium charge under a differso its India then ..https://community.betfair.com/general_betting/go/thread/view/94082/30715209/purple-have-introduced-premium-charges?post_id=549865989#549865989so its India then ..Tue, 06 Sep 2016 18:45:22 -0500There is a general misconception that building the software application is a major barrier to entry. It isn't. I have a pretty good idea how much it would cost. The main barrier is getting a critical mass of punters and traders, which is why I thinkhttps://community.betfair.com/general_betting/go/thread/view/94082/30715209/purple-have-introduced-premium-charges?post_id=549838591#549838591There is a general misconception that building the software application is a major barrier to entry. It isn't. I have a pretty good idea how much it would cost. The main barrier is getting a critical mass of punters and traders, which is why I thinkSat, 03 Sep 2016 16:01:25 -0500There are a few start ups already trying to get in on this market, using the bitcoin analogy. However, crypto currency is still too complicated and volatile for most people to use, and I don't think the technology is quite there for a decentrialisedhttps://community.betfair.com/general_betting/go/thread/view/94082/30715209/purple-have-introduced-premium-charges?post_id=549831619#549831619There are a few start ups already trying to get in on this market, using the bitcoin analogy. However, crypto currency is still too complicated and volatile for most people to use, and I don't think the technology is quite there for a decentrialisedFri, 02 Sep 2016 21:48:44 -0500will there be another 'amazon' exchange to rival BF then...?A some point there will be. The main barrier IMO are the legal restrictions almost everywhere, which make any kind of transnational exchange difficult. It may well come out of India, where chttps://community.betfair.com/general_betting/go/thread/view/94082/30715209/purple-have-introduced-premium-charges?post_id=549829785#549829785will there be another 'amazon' exchange to rival BF then...?A some point there will be. The main barrier IMO are the legal restrictions almost everywhere, which make any kind of transnational exchange difficult. It may well come out of India, where cFri, 02 Sep 2016 15:42:00 -0500will there be another 'amazon' exchange to rival BF then...?https://community.betfair.com/general_betting/go/thread/view/94082/30715209/purple-have-introduced-premium-charges?post_id=549825365#549825365will there be another 'amazon' exchange to rival BF then...?Fri, 02 Sep 2016 03:16:10 -0500The idea that big winners killed the exchange is simply wrong. If were true, the many thousands of exchanges across the world (stocks etc) would be in trouble and they clearly aren't.Ignoring the PC, the bf exchange problem is one of pricing the costhttps://community.betfair.com/general_betting/go/thread/view/94082/30715209/purple-have-introduced-premium-charges?post_id=549788223#549788223The idea that big winners killed the exchange is simply wrong. If were true, the many thousands of exchanges across the world (stocks etc) would be in trouble and they clearly aren't.Ignoring the PC, the bf exchange problem is one of pricing the costSun, 28 Aug 2016 21:14:56 -0500How will we ever know if that's true Jonny, you're speculating on something that wasn't allowed to happen - the PC killed the money before the winners got the chance to.https://community.betfair.com/general_betting/go/thread/view/94082/30715209/purple-have-introduced-premium-charges?post_id=549783895#549783895How will we ever know if that's true Jonny, you're speculating on something that wasn't allowed to happen - the PC killed the money before the winners got the chance to.Sun, 28 Aug 2016 09:32:49 -0500The big winners killed the exchange model. They are the ones to blame.https://community.betfair.com/general_betting/go/thread/view/94082/30715209/purple-have-introduced-premium-charges?post_id=549749033#549749033The big winners killed the exchange model. They are the ones to blame.Wed, 24 Aug 2016 01:44:46 -0500winners will stop exchanges from working....I know what, let's just stop them working ourselves...https://community.betfair.com/general_betting/go/thread/view/94082/30715209/purple-have-introduced-premium-charges?post_id=549723033#549723033winners will stop exchanges from working....I know what, let's just stop them working ourselves...Sat, 20 Aug 2016 18:38:08 -0500Still find it crazy that they care if you win - they still make money from you. With no risk on their part.The PC debate is and was founded on a crazy idea that the winners will ruin the exchanges, well guess what, they did it themselves long beforehttps://community.betfair.com/general_betting/go/thread/view/94082/30715209/purple-have-introduced-premium-charges?post_id=549723015#549723015Still find it crazy that they care if you win - they still make money from you. With no risk on their part.The PC debate is and was founded on a crazy idea that the winners will ruin the exchanges, well guess what, they did it themselves long beforeSat, 20 Aug 2016 18:37:00 -0500