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After all these threads on pc charge whats changed ?

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Replies: 93
By:
bf_fananatic
When: 02 Aug 11 15:23
gerbs sorry to keep constantly correcting people and you for there endless mistakes but when you create a forum name the date that appears next to "joined" is actually the date one has joined the forum, I have had an account for 3 years but not stupid enough to start betting until I reach my goals, This requires super-human dedication and work, my portfolio for racing prediction software is both rich and varied, and my only other interest is in assuring people that the platform I an they use is in good fiscal shape and its policies on winners is the correct one, success for me on here isnt a question of "if" but when and I wont be silly enough to bite the hand that feeds me or move over to the duckpond with its less than 10% liquidity that is now attracting the sharks from betfair as a side dish to snap up the sardines that inhabit it!Cool
By:
lapsy pa
When: 02 Aug 11 15:27
Seems you,re right lads.
By:
Eddie the eagle
When: 02 Aug 11 15:29
bff, there may be some truth in your point that the shark/mug ratio may be higher at the purple at the moment, but why would that matter to anyone wanting to have a bet and the prices are the same both places with lower commission at the purple ?
By:
Gerbs
When: 02 Aug 11 15:30
i did not ask you if you had paid any commission since you joined betfair i asked since you joined the forum


are you saying you have had this account for 3 years and have not had a bet in that time
By:
Get On MASSIVE
When: 02 Aug 11 15:33
I'll bite bf fanatic.

If I drive my car and stop to get fuel and there are two garages, one charges £1.35p a litre and the one 50 yards up the road charges £1.36. Which garage will I go to?

I'm not a horse racing punter but I'm quite impressed with the liquidity at Betquack when I looked today. They would be a cheaper option for virtually anyone on here, PC player or not. I honestly believe that Betfair's demise has started but it will take a long time to happen and won't happen in the next few months but the wheels are in motion.

Sooner or later the customers that buy their fuel at £1.36 a litre will have to ask themselves why they do it when they can get exactly the same product for 1p a litre cheaper?
By:
FINE AS FROG HAIR
When: 02 Aug 11 15:59
GOM
If the petrol quality is the same at both, then obviously you would be crazy to pay the higher price.
But until the quality gets the same, there will be many prepared to pay a premium for the better product won't there ?
Btw as a general observation on Bff, it would seem quite apparent to any reasonable, objective observer that he has let his emotions run a bit out on control on this whole matter.
He is starting on occasion to sound as mad as a meat-axe.
But he is never really rude or overly abusive to anybody, unless perhaps he is sorely and deliberately provoked.
Therefore I would suggest that some of you, if you can't be civilised or reasonably polite to him, just ignore him completely.
It just demeans you to treat him with utter contempt, and just shows what some of you really stand for.
That is you just want the status quo to continue so that you can continue to game the exchange to your own self interests. You really have no interest in the overall future general health of the exchange.
By:
ballabriggs
When: 02 Aug 11 16:01
Betfair is still the best GET ON MASSIVE, even if have to pay £1.36 is still better for us.
By:
bf_fananatic
When: 02 Aug 11 16:01
ok  GOM nice little post but lets show the true picture. If your a mega-user on betfair and lets say you have a car and the petrol is a lot cheaper at another gas station say £1 instead of £1.36 but you can only buy 4 litre per day, whereas the other station lets you have 40 litre per day and you really need the petrol to do your well paid job, then having a petty mind costs you a hell of alot of money


Also the duckpond are falsely representing there liquidity, for every £1 in a matched dog race its really the same as 17p at betfair matched and horse races are worse, 8p .

Also the reason they dont have as many markets or products is because there isn't enough TOTAL liquidity to go round the site.

Yet again another brainless post from persons that do no real research and have no real objective except slagging betfair off.
By:
bf_fananatic
When: 02 Aug 11 16:07
sensible comment ballabriggs
By:
lapsy pa
When: 02 Aug 11 16:09
The daq  are out of the top 11 in the betting are higher in price on no less than 6,the same price on 4 and less on 1 on one of the biggest golf tournaments of the year.Bf, doesn,t sound as if mugs and newbies have to be careful of the so called sharks.
Sensible posts here mostly saying the consumer should be getting the most for their pound and instead being fed speil of boogeymen.
By:
FINE AS FROG HAIR
When: 02 Aug 11 16:09
Eggman
A Beatles fan at least I trust ?
By:
funkymonkey
When: 02 Aug 11 16:12
FAFH, you mention often about people having self interest and not caring about the overall big picture of the exchange model.

What exactly is it you do that is not of self interest in relation to your activities on here, which adds value to the collective?
By:
bf_fananatic
When: 02 Aug 11 16:17
wow thats a cool question to put to the frog but i know his answer will be better[;)]
By:
moisok
When: 02 Aug 11 16:18
As one of the un-researched idiots on here and quite brainless I am stupid enough to keep on laying a team I think won't win, hopefully cashing in and not paying more than 2.5 percent commish.  But then I am a silly billy.
By:
bf_fananatic
When: 02 Aug 11 16:21
If you did stroll over to the duckpond who do you think will be waiting to match your bet the first, other newbies or certain mega-beasts that have there tentacles in both betfair and the duckpond only in the duckpond there un-checked, un-p-charged and consuming all the pondlife over there?
By:
lapsy pa
When: 02 Aug 11 16:23
^^ Doesn,t matter if best price available.
By:
bf_fananatic
When: 02 Aug 11 16:24
But your not doing to a high level or you would be doing it at both sites to increse your turnover, and you wont get all the footie markets that betfair offer as there isnt enough liquidity to fuel as many markets, have fun Blush
By:
bf_fananatic
When: 02 Aug 11 16:29
So if only a few more low spenders or low achievers leave for the duckpond and the mega-beasts stay or dual use both exchanges how will that affect betfair, seems like betfair stand to make a hell of a lot more money than the duckpond, and thats what is best for an exchange to keep promoting in the future, making more and better markets and new products, entertaining a small sectors recreational choice isn't high on betfairs hit-list of goals.
By:
moisok
When: 02 Aug 11 16:31
This simply isn't the case, already several games have had very decent liquidity but some others won't have enough for me - we will have to see if that changes - it may not -
and I am using both sites of course
I am a long time full timer on here and quite happy to look at other options
I am mainly a layer of football matches and occasional trade the correct scores.
I commit quite large amounts when appropriate.
I was wondering what you(bff) bet on.
By:
eggman
When: 02 Aug 11 16:32
FINE AS FROG HAIR
02 Aug 11 16:09 Joined: 12 Mar 07 | Topic/replies: 3,784 | Blogger: FINE AS FROG HAIR's blog
Eggman
A Beatles fan at least I trust ?


I actually quite enjoy fananatic’s posts - some of them are ‘fananatastic’!  Even you have to admire his/her posts on Betfair’s share price.

I did enjoy your ‘at least’.  Did amuse me.  But unfortunately no, not a massive fan of The Beatles, more of an admirer, but do have an occasional listen, and my name is based on that song.  I think my favourite is ‘I Want You (She’s So Heavy)’.  If you haven’t heard it, I do recommend it.  Of course, this is only my opinion...
By:
bf_fananatic
When: 02 Aug 11 16:42
I don't bet on anything at the moment but I do lay peoples doubts to rest and back good ideas. Football is very popular on sports betting now and surely you like the wider range of football markets that the duckpond cant open for fear of diluted liquidity that is all ready super-sized to make it look respectable with a matched figure that represents total winnings and exposure figure and not the matched stake value, very naughty practice over at the duckpond.
By:
moisok
When: 02 Aug 11 16:50
Oh sorry I didn't realise you don't bet.  As long as I can bet and get matched I am happy - where ever that may be. I was wondering that if you don't bet then how would you know if you can get a bet on say an old firm game on saturday lunchtime and get matched at a decent price  elsewwhere
By:
bf_fananatic
When: 02 Aug 11 16:55
Because I read endless posts about people complaining about the lack of markets in duckpond, especially football, still if people want a second rated service then a tick in the comms rate will draw them in and if you cant stand the heat then perhaps the best exchange isn't for you.
By:
bf_fananatic
When: 02 Aug 11 16:56
surprised your posting on here though or is the class of forum user better also whaich makes me wonder how bad they must be over there Laugh
By:
moisok
When: 02 Aug 11 16:58
Well it hasn't been my experience for the games I was interested and what I do.  I am still well involved in both and we will see how it all pans out.  It is slightly odd to have u say about standing the heat when you don't actually bet yourself
I must go now as the footy is starting and I have to put some bets on
nice talking to you
By:
Rs1
When: 02 Aug 11 17:08
stop spoiling the thread bf fantastic ...

they got a monopoly an are doing as they please ... if every company did that you wouldn't be so 'excited'

like i said i was hoping something would have changed ...

think horses slightly touch better but footy there is 0 difference
By:
jme
When: 02 Aug 11 17:32
A genuine question to bf_fananatic:

If you could magically click your fingers which instantly made **** (or another site like Weetabix, m@tchbook etc) be betfairs equal in-terms of liquidity and customer pool would you do it?
By:
jme
When: 02 Aug 11 17:34
**** = purple
By:
bf_fananatic
When: 02 Aug 11 18:02
I dont need magic, we have betfair Cool
By:
Gerbs
When: 02 Aug 11 18:27
hes a troll who does not use the site for betting
By:
Bobman84.
When: 02 Aug 11 19:46
Laugh
By:
Onehunglow
When: 02 Aug 11 22:16
Dogs today 103% Betfair, 101% the Daq.
By:
Onehunglow
When: 02 Aug 11 22:18
....ones3-5% the other2.5% limited period, no brainer, be very afraid Betfair!
By:
TheInvestor2
When: 02 Aug 11 22:28
I haven't paid PC (the 20% one) since January, when I paid about £4k. I'm not due to pay PC2 for a while, now on 23% charges generated.

My betting turnover on football outside of Betfair was mainly due to PC:

    Turnover
Oct-10    £5,855.50
Nov-10    £10,076.00
Dec-10    £16,290.00
Jan-11    £29,658.00
Feb-11    £40,822.15
Mar-11    £293.05
Apr-11    £4,940.00

I've since gone back to 100% Betfair as I'm only paying commission.

If Betfair looked at my account history, they would see my activity going up and up regardless of the increase in charges.

What they can't see though, is that the % of my overall betting with Betfair decreases as % charges increase.

They really are killing future growth in favour of current profits. None of the above was with purple by the way, mainly with pinny.

I did a test during the world cup and made about £550 on purple versus about £8k here. I had a much bigger balance on bf though (about 10x as much) and was obviously prioritising betfair due to higher profit expectancy. The gap is closing.
By:
bf_fananatic
When: 02 Aug 11 22:29
duckponds  liquidity after 10 years competing is less than 8% of betfairs with a massive catchup to do in market range and products, how long will they need to get even near, 10,20,30 years

Betfair is still the first choice for most betting exchange users, believe what you want and ignore the facts but don't complain about a charge you all are probably never going to be good enough to pay!
By:
TheInvestor2
When: 02 Aug 11 22:38
How long they will need depends on Betfair more than themselves.
Betfair is still first choice for me, and still would be even if I was on 40%. They certainly wouldn't be getting 100% of my business though, I would estimate more like 60-75%. That is good news for their competitor.

Your comment about 'probably never being good enough to pay', just shows how you are ready to come out with nonsense without ascertaining the facts. Or perhaps you know something I don't and Betfair is already preparing a u-turn on this charge?

To be fair though, that's exactly what Betfair told me when the original PC was introduced, just a couple of months before I started paying it!
By:
bf_fananatic
When: 02 Aug 11 22:45
Im not doubting that competition will hot up but if you were betfair would you not be tempted to apply
such charges, after all quite a large group have been having it off with everyones cash for years now
and there doing it not fairly but with bots, in my view charges should be more based on the amounts of bets placed and volume instead of just profit volume total, the bots make hundreds of bets compared to
a single user and hammer the servers, not really the saintly liquidity providers they posture to be but
the cause of all the charges !
By:
FINE AS FROG HAIR
When: 02 Aug 11 22:57
Bff
Now I know the reasons why you are not into grammar and spelling, but believe me if you did perhaps just try occasionally to use " they're " or " their" as and when appropriate, and not the perennial " there", you might just in fact deflate a few of your critics.
Small things do appeal to small minds you know.
Also cut back on the quantity of your posts, you're doing your cause more harm than good in overposting in a repetitive fashion.
Just trying to help. Don't shoot the messenger now.
By:
bf_fananatic
When: 02 Aug 11 23:00
ok fafh ,I value your opinion as you seem to have a balanced outlook, I will take notice of this messenger [:)]
By:
TheInvestor2
When: 02 Aug 11 23:01
I think Betfair would do a lot better if they made a commitment to stable pricing, allowing for long term planning on the part of its winning customers.
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