We want to share an important update with our Betfair Community users.
Over the coming months, the Betfair Community platform will be winding down. The final active day for the platform will be December 21st. From December 22nd, users will no longer be able to access the platform.
Your discussions, insights, engagement, and, most importantly, feedback have helped shape the platform and guided innovation. Your feedback continues to be important to us, and we will continue to listen via our dedicated feedback channels, as well as through product testing and innovations.
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There's little point in talking about identifying traders as bf are not going to let the trappers, hooverers and insiders go back to the free lunch and they're all one sided players.
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In my last post I wasn't talking about identifying traders though, I was saying a system based on turnover would have similarities to such a process.
To be honest I'm not in the business of caring what anyone else pays in commission. If I really cared about what other people win or lose then I wouldn't be going about trying to win money off them on a gambling site in the first place. |
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I care what others pay in commission because the lower the commission is for them the more there will be for me to win from. My worst scenario therefore is a commission system that rewards trading and penalises gambling. Betfair's old statem did that and the current system, while fairer, still does that while its complexity deters new customers.
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*old system
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Making regular winners pay more doesn't affect the kind of people you are matching with though, nothing has changed for them. You are looking to match bets with people who don't know what they are doing, their commission structure hasn't changed in any way, because they aren't regular winners.
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There's already been two increases in the commission points bands that led to an increase in regular commission. Incredibly they both happened while others were in the 5th or 6th year of getting free lunches. I know of some gamblers who left because of those increases. If taking away the free lunches puts off further increases then that's a positive.
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Irrespective of those changes, the people you are looking to match with are always at the bottom of the structure: if they were paying 5% commission on winnings before, they're paying 5% still. In any real sense none of the PC money has made a difference to them. And if anything, more of those casual punter types have been deterred from entering the fray by the clumsy application of PC in the first place.
I think given Betfair's track record you'd have to be naive to believe that the existence of the PC in any way is going to stop Betfair from introducing other charges or ruses against any of their client base. |
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Why would I only be looking to get matched with 5%ers? Do you think everyone on 2% is a winner?
I think you're the one being naive in thinking there's any chance of betfair going back to the free lunch era just because you fear a losing run. You're on the wrong thread. You should be on the other one supporting a default turnover system. Then your casual punters would have no reason not to enter the fray. |
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Where do I say I think Betfair will go back to the old system? I know they won't. I'm saying the current one is a mess. I anticipate more charges in a variety of ways for everyone on the site, certainly not fewer charges.
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It is a mess, that's why you should be supporting the default turnover scheme so prospective customers are protected from it.
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If it costs Betfair any money relative to what's already in place it will be a non-runner, even if it is a more appropriate model.
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