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Think about this all you " mugs" on here

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Replies: 131
By:
FINE AS FROG HAIR
When: 09 Jul 11 23:19
To which the 2nd child in this p;ayground spat says " Well he started it ".
But I agree.
Too childish for words.
By:
FINE AS FROG HAIR
When: 09 Jul 11 23:20
'--playground-- " or though "--payground--" sort of still works.
By:
no moves
When: 10 Jul 11 00:32
In the first line of the fourth paragraph in the the original post on this thread you talk about us mugs I thought you said you were a professional gambler FAFH?
By:
FINE AS FROG HAIR
When: 10 Jul 11 00:45
Never said that no moves.
I gamble profitably for sure but never professionally, if you mean by that that I rely on it  as my primary source of income.
I identify with the mugs in the sense that I'm not one of the dedicated, intense, driven gamblers on here, for whom gambling is, it seems quite often, literally life or death, income wise.
By:
no moves
When: 10 Jul 11 01:21
I asked on another on another thread do you make a profit or lose? The reply you gave was.........A fckin fortune.

You do seem to be highly keen on giving gambling advice to all and sundrie on the exchange, giving vent to the suggestion your the wise old sage of Betfair, this is a tiny bit odd for  a person  who happily describes himself as mug punter. your atitude seem openly hostile to the most successfull operators on here they seem positively alien to you.
By:
FINE AS FROG HAIR
When: 10 Jul 11 01:40
If you think that nomoves then so be it.
Btw the fckn fortune reply was just being facetious.
I don't think i have ever given or even tried to give gambling advice to anyone on here.
All I'm doing, or trying to do at least, is express my personal opinion on BF matters as I see them.
No more, no less.
In this PC case, I do not want to see any sort of boycott of or mass migration away from the exchange.
Does that mean I'm hostile to the most successful operators on here ?
Not at all. I would very much like them to stay if they contribute their fair share of revenue contributions, as such is to be decided by BF.
Others say that BF is not impartial enough to be the judge and jury on this.
Maybe they are correct, but I've not really seen any hard evidence to support this sopposition.
Anyway I did say a post or so ago that I was not going to post ad nauseam on all this. But I did feel the need to set you clear on my position in specific response to your last post.
Please just take it or leave it, as everybody is getting pretty sick and tired of hearing all this over and over again from me.
By:
FINE AS FROG HAIR
When: 10 Jul 11 01:41
Also you're taking me away from my new hobby of taxidermy.
By:
BJT
When: 10 Jul 11 04:48
How are you going to sit there and claim it to be their fair share of revenue though?
Take 2 punters, one generates 4.9%, the other 5.1%..  One pays 60%, the other pays 50%...
How can anybody argue that to be fair?  Sure they might catch who they are targetting, but it seems the blinkers are certainly on and the big picture is in their peripheral.
By:
Eddie the eagle
When: 10 Jul 11 07:25
FAFH, nomoves has a point.  Calling yourself a mug punter when you can't get on with any of the bookmakers and making 8 %(I think you said this yourself?) ROI here, hardly qualifies as being a mug.

A bit phatetic of you trying to ridicule PC payers wanting others to emigrate, when you imply mugs are better off staying here and being fleeced by the likes of you with an exceptionally high ROI.
By:
ZEALOT
When: 10 Jul 11 08:28
frog
i totally agree with the opening post .
just as greedy as betfair imo
By:
FINE AS FROG HAIR
When: 10 Jul 11 09:49
Eddie
I'm not saying mugs will necessarily be better off on here immediately if the shrewdies move or don't move, I'm just saying that whilst they might lose the same amount of money in the short term whatever happens, the shrewdies will however keep more of it in their own pockets if it happens  on any alternative exchange rather than in BF in the future.
Furthermore, if the mugs do lose it on here and BF super taxes the shrewdies for a larger cut of their winnings and, most importantly, uses those tax revenues to grow and improve the exchange, then at least the mugs MIGHT have some chance down the line to improve their game and actually start winning some money off the shrewdies.
However if the shrewdies just bleed the exchange dry and leave BF an empty vessel and then go over to another exchange, and the mugs follow them there, and the same end result occurs ( which it will eventually as the low across the board flat commission structure is flawed),  then eventually the whole exchange concept ( that is betting and laying and not getting banned ) might eventually die in totality.
Then in fact not only do the mugs lose but also any aspiring potential shrewdies, as the current bunch of shrewdies will have collapsed the whole edifice.
By:
FINE AS FROG HAIR
When: 10 Jul 11 09:53
Fck me here I am posting all the same old.
Why can't I stop taking the bait?.
Maybe, just maybe, I feel that it is vitally important for my point, or perhaps some more intelligently argued version of it, to get across to people.
And Eddie you're right in saying that I actually am not one of the mugs losing monies hand over fist to the shrewdies.
So go figure.
By:
U.A.
When: 10 Jul 11 10:13
"Fck me here I am posting all the same old.
Why can't I stop taking the bait?."

Because you are addicted to the forum. You need to get yourself down to forum posters anonymous and stop posting immediately. And watch out for things like sunlight (or moonlight maybe at the moment) and fresh air when you step outside.
By:
McChicken_Sandwich
When: 10 Jul 11 11:16
FAFH.

You notion that without supertaxing big winners that the exchange might 'die' is pretty much laughable, and completely and utterly baseless.

It is betfair attempting to maximise profits at a time when their share price is plummeting and their projected targets aren't being met. That is their right, but to make out like they are doing it for some common good is ridiculous.

It may or may not make better business sense for them, time will tell. But the idea that the shrewdies will bleed the exchange dry until there are no mugs for them to feed on is based on what, exactly (bookmakers have hardly died out)?
By:
McChicken_Sandwich
When: 10 Jul 11 11:19
However if the shrewdies just bleed the exchange dry and leave BF an empty vessel and then go over to another exchange, and the mugs follow them there, and the same end result occurs ( which it will eventually as the low across the board flat commission structure is flawed),  then eventually the whole exchange concept ( that is betting and laying and not getting banned ) might eventually die in totality.

One last time, justify this idea logically........ it's just empty rhetoric as far as I can see.
By:
turtleshead
When: 10 Jul 11 11:37
He can't justify it one jot, just typical pro betfair cobblers that keeps getting spouted, presumably on the basis that if it gets said enough some people will start to believe it.
By:
TheVis
When: 10 Jul 11 11:37
The laugh is all this "shrewdies bleeding the exchange dry" type comment is now exactly the action BF want to take via this increased charge.

Rather than customers getting the money BF get it.  The difference being that customers will put a good portion back into the pot.  BF's take out never comes back.
By:
FINE AS FROG HAIR
When: 10 Jul 11 11:38
If I reply again in depth, I am an unbelievable forum addict ( per UA's last comment).
If I don't reply in depth, I am an unbelievable alarmist ( per Mc C 's last comment).
Can't win it seems.
So I will retire from the fray, and just read and watch any and all developments as they occur.
If I'm right or wrong, what's it matter ?.
I really have no influence either on other punters' actions or on BF's.
It's all just personal opinion.
Never has been, nor never will be, proven fact one way or the other, till all the dust settles.
By:
FINE AS FROG HAIR
When: 10 Jul 11 11:39
"--nor ever will be--"
By:
TheInvestor2
When: 10 Jul 11 11:48
This super tax to be used by BF for the benefit of everybody in the exchange, both current and future, by being ploughed back into technical improvements and into expanding the customer base.

This is just ridiculous. The money is being used to increase profits. It is not being 'plowed back'.

Betfair have had hundreds of millions (£) of cash reserves for years. They have not found a use for this money. They are now using a portion of this to buy back shares. Therefore funds raised from PC are not required for development. QED
By:
TheInvestor2
When: 10 Jul 11 11:51
FAFH, you are entitled to your own opinions of course, but please refrain from using supporting arguments that are demonstrably false Silly

If Betfair feel they can make more money by increasing charges, it is their right to do so. Simple as that. The justification you give is completely invalid though.
By:
FINE AS FROG HAIR
When: 10 Jul 11 12:20
Maybe we have just one monumental battle of greed between two parties over the transference of the collective funds of the mugs.
On the one hand we have the BF mgt. and shareholders, who own and control the platform which facilitates any such transfer.
On the other hand we have the core of winning punters, who own and control the gambling skills required to effect any such transfer.
The end result might be that they just fight each other to the death , leaving the collective funds of the mugs with nowhere to go except to the HS bookies.
The HS bookies must in fact be watching with glee and astonishment at their extreme potential good luck.
By:
FINE AS FROG HAIR
When: 10 Jul 11 12:23
Come out of retirement so soon ?.
Maybe the all too common disease of professional sportsmen and women doing the same thing is rubbing off on me, by virtue of my excessive sports betting ?.
By:
FINE AS FROG HAIR
When: 10 Jul 11 12:29
Investor
Do you or I or anybody on this forum really know anything at all about the real financing needs/requirements of BF to run, improve, expand the exchange ?
Aren't we all just pontificating on what we think we might know, not on what we actually do know ?
We can read publicly available balance sheets for sure which, as we all know from hard experience, don't really tell you anything at all.
By:
Get On MASSIVE
When: 10 Jul 11 12:43
Did you not read Investor's 11-48 post?
By:
brendanuk1
When: 10 Jul 11 14:11
trolling at its finest
By:
FINE AS FROG HAIR
When: 10 Jul 11 14:40
Certainly I did GOM.
And maybe my last response to Investor was thus poorly worded.
There are numerous technical and strategic corporate finance reasons if and why and when corporates buy back some of their own shares.
And we don't have anywhere enough public info available to us to assess this situation factually or correctly.
And after all we're just a bunch of pro and amateur punters debating on here, not corporate finance specialists.
Who's is to say how the buyback was even funded ?.
Who's to say it even came out of free cash reserves ?.
What are their projected capital inflows?
What are their projected cash inflows ?. etc etc etc
Now maybe Investor, or you, or at least somebody on this forum is privy to all this detail.
Then, if they are, maybe they could put an end to all this conjecture, by posting up all the exact correct relevant info.
Maybe, maybe ,maybe.
I am not saying my personal thoughts are any more correct than anybody else's on here.
But also I'm not conceding they aren't without more substance being posted on the counterarguments.
And I'm staying loyal to BF and so perhaps I'm not even required to prove anything at all.
I'm not the one calling BF mgt a pack of liars without incontrovertible proof.
By:
FINE AS FROG HAIR
When: 10 Jul 11 14:42
"---projected  capital outflows---"
By:
Cramped_With_A_Nun
When: 10 Jul 11 15:07
FAFH

You are wasting your intelligence here, your energy would be better spent helping poor people away from your laptop.
By:
THERE....IS....NO....SPOOOOON
When: 10 Jul 11 16:48
By: Cramped_With_A_Nun
Date Joined: 07 Jul 11
Add contact | Send message When: 10 Jul 11 15:07 Joined: Date Joined: 07 Jul 11 | Topic/replies: 216 | Blogger: Cramped_With_A_Nun's blog
FAFH

You are wasting your intelligence here, your energy would be better spent helping poor people away from your laptop.



CWAN

offering such advice to others means... you're leaving!! unless you are a hypocrite....

bye bye Love
By:
Cramped_With_A_Nun
When: 10 Jul 11 18:49
I've done my bit around the world, now I'm helping the poor souls here who are struggling to pay there bills and wont go tot he job centre sponging off tax payers money as they are too proud. Fair play.
By:
Rocket to the FACE
When: 10 Jul 11 18:56
strange
By:
FINE AS FROG HAIR
When: 10 Jul 11 19:15
CWAN
You know maybe you have come up with a very good example of what would be bad for BF and ultimately for all punters.
Say someone was using his/her BF skills to largely fund external charity ventures.
Whilst that would be good for the charities and thus the general society, it would perhaps be very bad for BF, particularly if most of the shrewdies were doing it.
That is take as much as you possibly can out of BF on a net basis, giving as little as you can back to BF for its own long term operating needs.
That is thy need is greater than others'.
Just perhaps replace charities with own families ( to be fair to the majority of winners on here) and with Ferraris ( to be equally honest with a minority of winners on here) and you see the potential problem with an ever growing, rapacious band of shrewdies.
By:
Rocket to the FACE
When: 10 Jul 11 19:20
Laugh

You either have no shame or complete confidence that nobody else knows who you are.
By:
FINE AS FROG HAIR
When: 10 Jul 11 19:23
Btw Rocket I'm into using all my spare cash resources for doggie rescue homes.
And you ?
By:
FINE AS FROG HAIR
When: 10 Jul 11 19:25
But of course I don't need gambling income to do that, so I suppose you could call me some sort of hypocrite on here in that case.
By:
Cramped_With_A_Nun
When: 10 Jul 11 19:26
Froggy

I've helped out people in all 4 corners of the world, from the favela's of South America to lost lands of Bangladesh's never ending receding coast line, now, I'm here helping people on betfair to earn some extra money, the big players won't listen when I say FULL BANK- FREE MONEY, the smaller players will and then profit from my tips, these smaller players are just getting by supporting their families - I  tell them not to thank me - I'm here to help

But not everyone can win I hear you say - the seethers and haters will ignore my tips and those are the losers = betfair will carry on.
By:
FINE AS FROG HAIR
When: 10 Jul 11 19:46
At the end of one of my usual heated debating sessions on here, which generally end in various people hurling choice epithets at me, I most often just look down at my faithful 17 yr old mutt sleeping at the foot of my chair. I pick him up, look into his eyes, he obviously loves me, he licks my nose, and all is well with the world again.
Totally mentally recharged to plunge back into the GB forum again.
Are you batman to my robin, or perhaps the other way round ?
Either way what wonderful human beings we both are, don't you agree ?
Perfect in all senses.
By:
turtleshead
When: 10 Jul 11 19:53
Do you practice talking nonsense to the dog so that you have it perfectly honed for when you come on here Confused
By:
FINE AS FROG HAIR
When: 10 Jul 11 19:54
My best listener in fact turtle. No doubt about it all.
Never ever even thinks of answering back.
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