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Sorry that is in reply to eddie's previous post. My fingers just aren't fast enough anymore:p
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There is a big difference in "not paying a fair price" and "not being profitable"
There is also a big similarity. Ask 100 different gambling accountants to indepedently quantify a figure for each and you'll get 100 different answers. |
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Ask the same accountant to do it 100 times and you'll get 100 different answers
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I actually wish they wouldn't try to justify in these terms, a straight - "We regret to inform you that we are putting the prices up again. We have thought long and hard about this and consider it the best decision for betfair." would be easier to digest.
Yep, their explanation/justification is rather insulting as ultimately the service they provide is pretty homogeneous to all users |
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Eddie ,
I don't like the charges any more than you do ,it spells bad news for many players long term however,I am trying to see this from BFs own point of view ,they want to maximise profits ,much the same way you do ...no good burying your head in the sand . What you are looking for is a Mother Teresa of betting sites which doesn't exist , Businesses are normally run by business people or hire business gurus ,that's how it is ,folk will charge what they think they can get away with .... and i'm probably right in thinking that you will try to make on here what you can get away with at the expense of losing punters. That established , the decision now BF and other people taking notes will probably follow is how this will effect the exchange ...if it reacts badly ,then BF may realise it as a bad decision and maybe change tack or implement no further charges ....if all goes well,they will no doubt bring more charges in at a later date. Remember, winning 250k over a period of time isn't achieved by luck,it's done by skill or even by theft. I get stung heavily for charges myself Eddie ,and may get caught in this new net over time ....so i should be against it in theory ,but we also have to be realistic and say BF are going to play it to their advantage . So Why haven't they lowered the threshold if that's the case and its only about short term greed you may ask ? Because i would imagine there are, and have been a great number of players on here who have build up a profit of 50/100k or so and then through bad discipline /unlucky sequences have come unstuck,earning a mega load of commission for BF , Bf have possibly decided that the very top players aren't going to be making them sort of mistakes in the same way. |