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harechaser6
15 Jul 11 01:40
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Date Joined: 14 Oct 10
| Topic/replies: 62 | Blogger: harechaser6's blog
surely the best form of action will be if we all go and migrate too the purple site, betdak , this would show our disgust at this charge, there horse racing markets are quite steady and this will force betfair to reconsider there policy as unworkable, to say you are happy paying more commision on a site that increases the rate all the time is just saying you are happy to be fleeced and its time for positive action

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Replies: 17
By:
thebert
When: 15 Jul 11 01:45
There's another thread on this. Collective action would possibly work but it's never guna happen.
By:
harechaser6
When: 15 Jul 11 01:48
things only happen if you want and make them happen! whats the other thresd called bert?
By:
pxb
When: 15 Jul 11 01:53
Its already happening. I'm seeing volumes increase at betduck. Although still far below volumes here.
By:
thebert
When: 15 Jul 11 01:57
Well it isn't exactly what your driving at, but the thread a bit further down on this forum starting "if you're one of the Betfair 480" is about the new charges and what next etc

Will be interesting to see how much liquidity does increase over on the betdak.
By:
harechaser6
When: 15 Jul 11 12:30
i think betfair are over rating there service at the same time as under rating there value to proffessional gamblers that will now problably make more profit else where, there will be fall out, market forces always prevail.
By:
catfleppo
When: 15 Jul 11 12:33
Wishful thinking imo
By:
harechaser6
When: 15 Jul 11 12:40
my main worry is that betafir trying too steal the customers top rewards is either going to damage the companies image or a precursor too them seeding the markets themselves which is an abuse of there operating license , they cannot in an exchange model bet against a layer or backer or they will then be liable to operating as a bookmaker!
By:
catfleppo
When: 15 Jul 11 12:44
Betfair is a registered bookeeper.
By:
harechaser6
When: 15 Jul 11 12:50
are you sure, i seem too remember them in a legal lawsuit years ago when they opened a highstreet betfair shop in between two other high street bookmakers and they argued that betfair are operating as a bookmaker, betfairs response was that they are operating not as a traditinal bookmaker and therefore are taxed differently etc! has the situation changed? do they pay any levy as the bookmakers do?
can you fill me in on these details?
By:
catfleppo
When: 15 Jul 11 13:32
I'm not 100% but that is what I understand.
By:
stewarty b
When: 15 Jul 11 13:42
harechaser6, they don't need to 'fully' migrate, just give 30% of their buisness to see how things go.


I managed to get a decent sum on a beast this week with purple, albeit it was backed into FAV.

PS I p!ssed off when the 20% hike was introduced and still haven't paid a penny due to purple, albeit again, I may have a different stategy than most.
By:
pxb
When: 15 Jul 11 23:39
Twice in the last couple of days I have got better prices at the duck than available here.

I'm thinking its people including some factor for not paying the pc there.
By:
curlywurly
When: 16 Jul 11 07:11
There has been some activity in the smaller markets also, instead of the usual blank screen.

I am willing to give it a go from next week, hope some others do too.

I'm a bit worried about the lack of a bet placement delay though , as purple could become even more of a hooverers paradise than it is here
By:
TheVis
When: 16 Jul 11 07:26
collective action from a group of self interested bettors is never going to happen

the big market makers are staying here that is certain

the in-running money will almost certainly stay here too
By:
takethestand
When: 16 Jul 11 07:26
Listen mate.  Unless the mugs move, nobody moves.  the charge will never affect us so we stay right here.  Stop bleating and pay your FAIR share
By:
iz77778
When: 16 Jul 11 07:42
Listen mate.  Unless the mugs move, nobody moves.  the charge will never affect us so we stay right here.  Stop bleating and pay your FAIR share

takethestand vs the betfair bots.......nice!
By:
Lori
When: 16 Jul 11 08:56
There's only a delay if there is no price in the gap curly.

If you're taking an offer, standard 5 seconds applies. Although front running might become a pain.
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