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turtleshead
29 Jun 11 18:08
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Date Joined: 01 Jan 05
| Topic/replies: 11,372 | Blogger: turtleshead's blog
Following the latest changes and huge increases in pc, this has become abundently clear.

They don't want people who provide decent amounts of liquidity to do so, they are basically telling them to sod off so they can start seeding them all by themselves.

They are so far removed from what they used to be that the founders would turn in their graves.

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Replies: 21
By:
askari1
When: 29 Jun 11 18:13
They have always been so.

Their profits are losers' losses minus winners' wins and their own costs (staff, infrastructure, overheads etc.) Why did you think it was any other way?
By:
betting_quant
When: 30 Jun 11 00:05
Yawn, get a life both of you
By:
turtleshead
When: 30 Jun 11 00:17
Oh, so sorry to have interupted your fantastic life by posting this thread, I wasn't aware that a gun was being held to your head to force you to reply.
By:
paulme
When: 30 Jun 11 00:42
classic response
By:
paulme
When: 30 Jun 11 22:50
turtlehead this is my favorite post ever
By:
FINE AS FROG HAIR
When: 30 Jun 11 23:06
Yep turtle can be very funny if and when you get under his skin.
Almost worth doing on purpose, though of course, I wouldn't think of doing any such thing.
By:
johnnyquid
When: 30 Jun 11 23:35
Its clear by their all statements that they are planing to turn on BOTS and get rid of all Highrollers to ensure that they are creating a lot of money. Yes they are becoming a bookmaker and everything they did will sooner or later be doomed by their own greed!
By:
GetReal
When: 30 Jun 11 23:50
''the founders would turn in their graves.''

Are they dead, then? All that cash then brown bread before 50 -unlucky!

(I suspect you'll find they're alive and kicking, not exactly thrilled how things have panned out of late, but still minted - good luck to them).
By:
pxb
When: 01 Jul 11 00:20
BF want the profit margins of a bookie, with the stock multiple of an exchange (monopoly).

It would be amusing if they end up with profit margins of an exchange, with the stock multiple of a bookie.
By:
betting_quant
When: 01 Jul 11 00:24
Turtle, its been fairly common knowledge for a few years now that the ultimate destination of the betfair "roadmap", was the betfair sportsbook.I even posted about it a few months ago when i predicted it will come on a day of forum meltdown, yet i was disbelieved and accused of making up stories.
By:
Trevh
When: 01 Jul 11 01:17
If Betfair wanted to seed markets they would surely do it through another company to enable them to keep the exchange label? If Betfair the exchange becomes Betfair the bookmaker they would lose customers in droves.

I've long thought they already do this as it makes sense for them to do it. What aroused my suspicions was when the large football market making lumps started disappearing one second before every suspension like clock work - they're definitely connected to the suspend monkey's button.
By:
pxb
When: 01 Jul 11 01:34
They will definitely try and do both.

FWIIW, I think they will fail in the execution.

If you want to know why, take a look at the new screen that comes up for a soccer game. I bet 95% navigate straight past it to the old interface.

I recently retired from the internet SW biz and I know a bit about it.

That screen says to me, 'can't execute the vision'.
By:
logroller
When: 01 Jul 11 04:16
what do u think their company in Malta does?
By:
johnnyquid
When: 01 Jul 11 08:10
http://www.facebook.com/pages/Betfair-Premium-Charge-Fiasco/232172673473703
Everyone who want to join in is wellcome.
By:
jimmy69
When: 01 Jul 11 09:00
ffs Betfair have always been a bookmaker.
By:
1.01 Layer
When: 01 Jul 11 09:11
jimmy69
01 Jul 11 09:00 Joined: 11 Apr 01 | Topic/replies: 13,631 | Blogger: jimmy69's blog
ffs Betfair have always been a bookmaker.


A bookie that can't lose and can help itself to its customers' winnings... hmmm.
By:
jimmy69
When: 01 Jul 11 09:13
Traditional bookmakers have done that since time immmemorial.
By:
the silverback
When: 01 Jul 11 09:50
They'll get tucked up pretty neatly by cleverer people than themselves if they're not very careful.
By:
betting_quant
When: 01 Jul 11 14:58
When they first started trading their own markets a few years back, the lads in malta were making quite a big loss. I'm guessing they have ironed out all of the teething troubles for them to now take on the world.
By:
slartibartfast
When: 01 Jul 11 15:16
pxb
01 Jul 11 01:34 Joined: 07 Jun 10 | Topic/replies: 1,395 | Blogger: pxb's blog
They will definitely try and do both.

FWIIW, I think they will fail in the execution.

If you want to know why, take a look at the new screen that comes up for a soccer game. I bet 95% navigate straight past it to the old interface.

I recently retired from the internet SW biz and I know a bit about it.

That screen says to me, 'can't execute the vision'.

I am won of the 95% - fact. [;)][;)]

BTW who the feck designed these smilies. They gotta be the worst on the net.
By:
the silverback
When: 01 Jul 11 20:06
In certain (big) markets, whatever they do and however good they think they are, Betfair / Malta will absolutely always be trailing in the wake of true Sharp Minds. Fact.
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