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Trader 29
03 Mar 10 21:16
Joined:
Date Joined: 03 Feb 10
| Topic/replies: 954 | Blogger: Trader 29's blog
just out of interest,how does it work, what do u need ?
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Report alfonso bonzo March 3, 2010 9:20 PM GMT
$ lots of,

hope this helps.
Report Trader 29 March 3, 2010 9:27 PM GMT
what about exchange ?


and how much ££ to open ur own bookies ?
Report alfonso bonzo March 3, 2010 9:31 PM GMT
a bookmakers might be easier than an exchange.

It all depends on how big you want to go.

In both instances the first thing you will need is a licence.

marketing costs alone for this place for example I would estimate to be around £40mill+ per year
Report alfonso bonzo March 3, 2010 9:35 PM GMT
that £40mill from mkting might be being frugal probably a lot more but it gives u an idea, and we are have not even touched the staffing and techno costs.

A basic booky website should be a lot easier / cheaper. All depends on what how many markets want to run and if its open 24/7 etc ...
Report slayerofthe'kins March 4, 2010 10:29 AM GMT
There was someone on here who ran his own small exchange. I should know his forum name, but it escapes me at the moment.
Report Back High Lay Low March 4, 2010 10:34 AM GMT
Wouldn't be to hard, you'd need a computer though.
Report Feck N. Eejit March 4, 2010 10:37 AM GMT
A basic exchange website, that didn't require the processing power to accomodate the more parasitic types that exchange betting currently attracts, would also be fairly simple.
Report Man of Mystery March 4, 2010 11:14 AM GMT
The man you are thinking of was Colonel something Slayer I think.
Report Man of Mystery March 4, 2010 11:17 AM GMT
BTW if you want a licence in Malta let me know.
Report Feck N. Eejit March 4, 2010 11:20 AM GMT
Colonel Archaeus Tory. Sadly missed, Most of the good guys are gone but not forgotten.
Report Extractor March 6, 2010 7:04 AM GMT
Man of Mystery: How can I get in touch with you? What do you reckon about Costa Rica? Should be cheaper than Malta.
Report Trader 29 March 7, 2010 9:46 PM GMT
im interested.... help
Report alfonso bonzo March 7, 2010 9:58 PM GMT
http://www.gamblingcommission.gov.uk/gambling_sectors/betting/getting_a_lice...
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