General Betting
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11 Sep 11
17:53
Joined:
Date Joined:
10 Jan 02
Won just short of 50% of what I won on my best ever day on betfair. The first 4 races today the money available on betd@q was BETTER than it was on betfair. On several occasions not only was the money available better but so was the price. Unfortunately it fell away after that but I was still able to bet to 5 figure take outs in most races.
I never thought I'd see the day.
I never thought I'd see the day.
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Replies: 100
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yep pretty good as of late
have also found there email help very quick and friendly though compared to here thats not hard |
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betfair better hope that betdq technology f-ck up soon, or a lot of people will be asking why betfair has wasted so much money on technology when betdq did for less
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Well done Feck, nice to see the other place is picking up a bit especially considering it's a Sunday too.
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Excellent news, it's taken long enough.
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Good competition is healty competition, mono-business types make too many mistakes when there dominace
creates a lack of effeciency, now purple has to learn how to build on its success and betfair has to learn by its mistakes. |
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i knew this loserwould comment on this post what a loser.
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bf fananatic the loser
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If you ignore all his previous wind-ups, it's a sensible post.
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big bossman, I've no axe to grind here, but I am aware that there are quite a few on bf fanatics back.
To be fair, his post above seems like a perfectly reasonable observation. Perhaps it has got to the stage where whatever he says is treated with derision whether it be a good point or not. |
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Good competition is healty competition, mono-business types make too many mistakes when there dominace
creates a lack of effeciency The obvious mistake here being the PC. |
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yep
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I think now alot of my prevoius posts were bias and wrong as its aparent to me now that although pc2 is a great solution for betfair to address revenue depletion to aid its over-spending internally its reaction by all customers generally and against the adopted past-ethos of the company there will
be major damage to there image and this will surely change the choices of pc1 payers who will soon reach pc2, new customers that realise the change in charging policy towards big winners and even those who dont make a profit and blame the system now that eats them alive. People that use exchanges instead of bookmakers do so for a reason and that reason now is different at 2 different exchanges, this has to be bad for betfair and in the long term pc2 will hit betfairs activity related to those that dont pay it so it will drain the long term projected profits as these will now never be realised mid to long term. |
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Pardon? Have you just said that you were wrong and that the PC2 is bad?
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Yes because it has too much affect on all the customers moral that use betfair and it will do more harm than good mid to long term to the numbers of people that use/stay here or use the other exchange in direct consequence of betfair adopting pc2.
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For betfair to say pc2 will only affect 0.1% of customers is wrong because it will have a grossly negative effect to the moral of the other 99.1% of customers so thats one of the biggest over-sights by the ops that concieved the charge.
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Isn't that what we've been saying from the start?
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If Betfair is really concerned about long-term growth, then there must be some other "friendly" way to prevents funds draining too quickly. Slapping a "no winners here" tax on people should have been bottom of the list, imho.
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Well, better late than never.
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For instance look at the disaster that microsoft the biggest compny in the world made when it moved from windows XP to windows vista, Vista was a vast improvement but because customers didnt like using it and couldnt get to grips with it, plus it was flawed it failed terribly and microsoft admitted it was there biggest blunder, when creating windows 7 they did the most important thing that a business must do.
They realised that its people that will be using it and not 0.1% of the population that were brainy enough to be succesful using it. Pc2 might look like a bigger profit making improvement on pc1 but its a complete disaster to betfairs image, customers perception of betfair and the ethos of all betting exchanges, but dare they admit it. |
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Has someone hacked into bf_fananatic's account?
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Don,t think it will be long before we will see purple adopting the maxim of 17.5 per cent better odds than anywhere else.
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No its me Mr Angry, I came to the conclusion that trying to relate to the reasons behind the pc2
made me unpopular because I was the only one seeming to support it and its painfully aparent that everyone hates the pc2 that has posted on here, heres my perception of the breakdown of opinions of pc2. a rough assesment only based on posts. (a) posters against pc2 with contempt = 20% (b) posters against pc2 with arguement= 40% (c) posters against pc2 if asked = 30% (d) posters against pc2 payers = 3% (e) posters that relate to the charge = 3% (f) undcided = 4% So i reckon at least 90% of posters are against the charge so how do betfair justify saying it will only affect 0.1% of customers? |
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PC2 is here now. Right, wrong, historical ethos of Betfair, etc, it's interesting to talk about but it's not really what matters.
What matters is what happens next. I don't see a customer revolt. Not yet. A lot of words, yes, but little action. I only really know about in running and the guys at the front will not go. Even at 40% they cannot make anything similar anywhere else. The plankton appears not to be leaving either. By being first Betfair have an entrenched market position. Coming second it is expensive to build liquidity. I think the most realistic outcome is that Betfair post greatly improved results on the back of the charge. That will motivate the competition when they see the size of the prize. We might then have downward pressure on premium charge rates, although we can't rule out collusion, or attempts to disguise how much the Premium Charge actually makes. So short term I think we want PC2 to work. I'd bet the Betfair management are only thinking short term too. Long term we're all worse off. We'll never have what we had before - one focal point for liquidity at low commission rates. |
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weatherman - you are right but liquidity on purple in running will no doubt improve as more people build positions on there pre-race. Its just inevitable and could be very quick if the momentum there continues.
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weatherman
I left 100%...I have zero in betfair...I don't want to sit and wait for my head to bet cut off by betfsir |
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BFF has been browbeaten by council-tax rioting type democracy.
It's sad that you can't have an unpopular opinion on here without being ridiculed and insulted and I hope those responsible feel suitably ashamed. BFF, I respect your change of view but don't think your figures mean much as i suspect there is a tendancy for those not inclined towards anti Pc postings to remain quiet. |
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catflmasppo, plenty of people have unpopular or opposing opinions on here and get away without being ridiculed and insulted. Setting up a new account to constantly goad and revel in others misfortune probably wasn't the best way to get his views across, whatever his agenda.
He'd be better off resigning that account to the chit chat forum and use one of his other accounts if he expects people to actually bother or read his views on PC. |
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I agree he isn't a master of diplomacy but IMO that hasn't earned the abuse he has received. I have never goaded or revelled in others misfortune but I have been subject to abuse, accusations of being a bf employee and even physically threatened by people who can only see pc from their own personal and selfish perspective.
And I by no means include everyone who argues against the pc in this criticism, I have read many earnest and well presented (but unconvincing [;)]) accounts, but there are a good few whose behaviour is on the wrong side of reasonable. |
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Often the money I've got matched on the purple site belies the visible liquidity. I've often wondered if some of it is down to PC payers hedging between the exchanges in an attempt to reduce their charges. At first glance that might suggest anything they're adding to betd@q they're adding to betfair but it still has to be a good thing for betd@q.
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Often the money I've got matched on the purple site belies the visible liquidity. I've often wondered if some of it is down to PC payers hedging between the exchanges in an attempt to reduce their charges. At first glance that might suggest anything they're adding to betd@q they're adding to betfair but it still has to be a good thing for betd@q.
In fact thinking about it, if they're laying my back on betd@q then you could argue they're taking a value back away from the betfair site (assuming what I'm backing is value). It won't matter to betfair who takes the back on their site but it will matter to their other value customers. |
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Feck - The volumes across the road are interesting. I am told by people on the forum that all the recreational players are on Betfair. Well I consider myself a recreational player and I get matched in small volumes. Maybe the new liquidity is bots, I don't know, but what the heck a match is a match. I always green/red up on Betfair, thats why I got the 60% premium charge, but over there I have changed my risk strategy and let my bets run, and to be honest it has been at least as profitable doing that. With hindsight I wish Betfair never encouraged me to green up in the first place, then I wouldn't be stuck with 60% charges.
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Were you laying back in running on here hazel?
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In the main I always tried to green up before the off. I was very risk adverse. I did use in running though at times. Most of my betting in the first few years was on UK horse racing ( I could lay 110%+ books at ease
 in the early days), but as the early market dried up and the reduction factor system got on my nerves I switched the majority of my bets to football and only played major horse race events where the early liquidity was stronger. |
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hazel, given your new modus operandi would you not get away with an account in someone else's name?
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Feck _ I should add that I have been predominantly a layer on here, only backing to square up for either a green or a red situation.
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Feck thats a leading question - Your friend Duncan will know that I am an upright citizen and would not dream of doing so (not that it crossed my mind I might add)
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BFF lacks conviction.
He posted vehemently in defence of the charge. Made lots of sub points. Made them over and over. Does he now disagree with all of them? Of course you can have an unpopular opinion on here. It's just a forum. You have to ignore 90% of the posts anyway. There are people on here who continue to post things I strongly disagree with, but I respect them bevause they clearly stand behind what they post. I have little respect for BFF however as his posts have displayed a lack of genuine conviction from the start - too much that was posted in haste, without thought, and a lot that was contradictory. |
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Weatherman, first you dont like me because I tried to get my head round the reasons for pc2 and then made myself look like an employee, now I have considered and decided it is wrong to be like that when so many customers hate the pc2 now and you accuse me of being weak and that I should change my opinion that the pc2 is probably too damaging to everyones beliefs in the exchange model, I clearly cannot please you but I am not out to please anyone in particular I just want a fair exchange and if that means betfair may have to make greater changes than relying long term on a gross charge to do the trick then as a fan of all exchanges I conclude now that ;
PC2 WILL FAIL IN THE LONG TERM anyone care too run a book on it say for 2 years down the line from the implementation that the charge will of been revoked. I will offer 2/1 that it will of been dropped but I will not lay it[;)] |
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sorry I mean I will offer 2/1 to anyone that thinks the charge at the same level or more will be still be in place, I womt offer money out to anyone that thinks it will have been made lower or cancelled as I believe it will need to be revoked.
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