First post deleted in ten years   courtesy of BF employee and grass bff..joined a month ago yet master of all things Betfair..go on tell me why you warned me and then it was gone ? What an effortless exposure of your position.

Only you could have taken that post as a misrepresentation of Betfair`s position on the PC...what about a wee yellow card to make my day eh ?

Clydebank your thread has at least served one purpose for all our benefit !

bf fantasist - you are an embarrassment to yourself man - get some dignity

What was deleted exactly?

And was it you who grassed him up?

Well a few members where fed up with him plying his anti-betfair rubbish, check the thread out
could of been anyone that reported him, serves him right

Its the winners and winning that keeps betfair growing

The UK governement charge 50% tax to high earners.  I think even they recognise that the 50% tax is counter productive in that it produces less revenue.  I would bet that Betfair management and its city shareholders are keen for the government to remove the 50% tax.  Yet at the same time Betfair charge up to 60%.

I have worked harder than most to stand up for betfair because I am sick of negative nonsense
from the same group that continually use the company forum to insult betfair
I want betfair to continue its good work and growth and look forward to paying any charges
they want from me as there worth every penny, i will not be going to any poor exchanges
as I believe in using the best and as for my 1000 posts well what ever I do in life
I try my best and hardest and this is what betfair are trying to do so we come from the same
mould.

Contrarian,

Yes, I agree, that is the worst aspect of all.

I was one of the few who didnt want to block him, because i felt everyone deserves a voice, no matter how much i may disagree with it.

But this little incident today is a new low.

The best thing you can do is close this account and come back with a new forum name (or just change it yourself).

With over 3 million customers how come its only the same 20-30 nutjobs that keep slagging betfair off
on this forum?

Anti betfair nut jobs list

1....the presidente
2....slartbartfast
3....inner city sumo
4....nairda
5....mr angry
6....duncan disordeli
7....weatherman2004

Love Betfair?
Bend Over.

I hope the city and the journalists are keeping an eye on these threads. What an absolute own goal.

BFF is becoming as much a household name on betfair as the humble blue bottle, only not as welcome,
swat[smiley:crazy]

5pm shift change....waiting for the new one to clock on....

If Duncan has been banned, I'm never using this forum again.

Why am I only at number 7?

I don't post much, but pretty much all of it is directed against you.

I demand to be higher.


weatherman, it not what you say that counts, but how many times you post...BFF has made 1000 post 1 month

Eddie the eagle
When: 21 Aug 11 12:45
Joined:
Date Joined: 01 Feb 04
| Topic/replies: 4,109 | Blogger: Eddie the eagle's blog
I think anyone thinking Betfair want PC payers to go are wrong.
I think Betfair want them all to stay. They just want more of their earnings.
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By:

CLYDEBANK29
When: 21 Aug 11 12:53
Joined:
Date Joined: 10 Jan 02
| Topic/replies: 1,788 | Blogger: CLYDEBANK29's blog
I disagree DD.  Liquidity providers are the most important customers on the exchange and I'd be confident Betfair recognise that.  They don't want them to leave (unless they are cheats and possibly courtsiders).  They based the charge on the premise that most won't leave because the exchange model facilitates a natural (BF) monopoly and that there was enough slack to be filled by those unaffected. 

Off out now.


To address the above, it's obvious to me that Betfair's most important customers are the large group of leisure punters, although on an account by account basis the liquidity providers will indeed come out at the top. Agree with Eddie that bf just want more of winners earnings.

Don't agree that real liquidity providers won't stay though. Some will leave obviously, but this charge has been calculated by Betfair in a way that answers the question "How can we charge as much as possible without a large increase in account closures that negates the increased income from charges".


Feck N. Eejit
When: 21 Aug 11 14:40
Joined:
Date Joined: 10 Jan 02
| Topic/replies: 4,822 | Blogger: Feck N. Eejit's blog
As for the liquidity providers being the lifeblood of the exchange, well yes I know they are but I`ll bet my boots they aren`t coughing up 60% or 40% or whatever figure.

I'd bet the main liquidity providers are already paying 40%+ in normal commission. If they weren't the minimum pc2 rate would've been set at whatever level accommodated them. The bulk of horse racing liquidity is supplied by two main players (the Hong Kong mob and the big oz player). Betfair's attitude to other pc2 liquidity providers is probably that they're chasing the same value the big two are (I don't think that's always true - I'm certain it's not in my case) so it doesn't matter if they leave as the big 2 will just fill the gap. I think that's a mistake though as, unlike the Ferengi and the cheats, they can boost liquidity elsewhere and I also don't think it's a given that those paying pc's are the only ones affected by it.

My main problem with betfair is not so much with the level of the charges (if the exchange was government run I wouldn't have any problem at all charge wise) it's the fact they've dragged exchange betting into the city gutter.


I agree that the biggest liquidity providers are almost certainly already paying 40%+ of GP. I can't say I agree with the statement : "If they weren't the minimum pc2 rate would've been set at whatever level accommodated them." though.

No matter how important these liquidity providers are to Betfair, the same logic applies to them as to the rest of us smaller winners. Betfair can charge them up to the amount where it still makes sense for them to provide liquidity.