General Betting
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Horse racing and Soccer ?
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Replies: 25
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betfair would then fight back for its leadership with new promotions and possibly some customer tlc woudnt go amiss , the positive would be that increased competition would be good and prove that the exchange model overall is a winner and not a one-off
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It will never happen mainly as the daq cannot cope already and they do not want the extra aggro.
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the question really is, in a competitive environment how would BF and BDq behave?
sadly, I think the competition would be restricted to how they treat losers/small winners. when it came to large winners they'd probably act as a complex monopoly. |
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In answer to the op, bf would stop anally raping its customers and offer a reach around or maybe even a bj, sorry about all the gayer refs but i always consider bf a fella. . . . .
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Anyone else think the future may be the dak and 'the rest' working together against befair?
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What is the ratio for market share now between BF and BD?
I'm assuming it is a lot bigger than 2:1 |
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Told they are more focused on Horse racing than other sports.
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I hope befair will be good at seeding there own markets
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To function efficiently an exchange needs liquidity , and a lot of it , having one dominant player (Betfair) actually is the best for everyone , if you spread the liquidity between two or more exchanges the whole thing falls apart.
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^ true - unless the dominant player exploits its dominance at customers' expense. which is a natural tendency in the absence of regulation.
the ideal situation is actually to have a dominant player that sees the smaller competition as a perpetual realistic threat. |
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Agree 100% viva.
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I agree with someone at last Viva lol.
Cant understand these people who want one all encompassing exchange, its as clear as day they'll start taking liberties with the clientele. Had this chat the first time the PC was announced and have clearly been proved right. |
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Perhaps exchanges are a natural monopoly, in that wherever the liquidity is, the recreational players get the finest price and the long-term price-based winners get the largest supply of recreational fish.
Otherwise I think I agree with viva. |
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Betting exchanges are only natural monopolies in the absence of discriminatory charges.
Once you introduce discriminatory charges it becomes advantageous for some people to bet at one exchange rather than another. Hard to believe someone could scruw up a natural monopoly, but bf are managing it. I see volumes at the duck up at least 50% over the last week or so. |
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To function efficiently an exchange needs liquidity and volume,
And there is a synergistic relationship between them. Lose one and you lose the other. Gain one and you gain the other. |
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Deep stuff that last post by pxb.
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To answer the OP, I believe they are trying to be the biggest real money Deal or No Deal operators on the net.... :)
Hardly think they will attract new customers to that sort of thing, and I hardly think that the type of punter attracted to an exchange would be very interested in online casino games, but at least they have goals.. :) |
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The best competition for Betfair would be a Tote with a low take out on win bets of 5% but now its in the hands of Betfred that ain't never gonna happen.
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I have noticed volumes up in all markets at the duck too.Also they have a bigger advertising campaign going on.
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If duck doesn't has some volume increase currently then they really are a lost cause.
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Hard to believe someone could scruw up a natural monopoly, but bf are managing it.
one of the most relevant points ive ever seen posted on here |
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It is pretty clear to me that this event is leading to an increase in volume in both. It is a bit hard to get one;s head round at this time of night but I'll have a go.
I think on Betfair liquidity has declined but volumes matched have gone up, I don't have data to prove this but I believe this to be the case. I think this is because some big players have moved but others have taken to churning marginally profitable strategies because the commission to them is now effectively not a cost as it is offset against the charge. On the purple clearly both have increased massively on most main events, though the pattern is mixes and some markets have improved much more than others. It is pretty hard to see where all this is going to lead, it looks to me that Betfair will increase their profits significantly at the expense of eliminating their quasi-monopoly. They will increase their earnings and reduce the quality, the stock market is saying that the latter effect is greater than the former, which I suspect is correct. But my thinking is that the stock market is underestimating both effects, and the boost to Betfair''s profits will be more that the market expects, but that the raring decline will more than offset this. I don't expect their rating to fall to the same as conventional bookmakers as their balance sheet is far stronger, but I think on EV/EBITA (I am not a believer in the D bit) they will converge. |
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sorry when I talked about their rating at the beginning of the last paragraph I obviously meant on PE if that was not clear to anyone.
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I think this PC is about betfair seeding there own markets (cross trading)...I believe betfair wishers to offer the small (mug) punters the same bets offers as other bookmakers (betfair new sportsbook) , and Betfair will use the betting exchange to hedge highly correlate bets into it's exchange , but betfair would be deeply worried about the risk from big punters, and this PC is about taking care if this...
I believe this is about betfair, taking there cross tranding to a another level Or betfair , really does believe it can do anything it wants  and we will all just take it up the ass |
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I agree with both temporary and nairda.
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