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askari
you are talking about (sensible) things that the few people at Betfair that might have understood have long gone... zero chance of any of that happening under new management. Frog Betfair - produced the worlds tissue (by accident), and spawned 1000 white label sports books with close to zero IP or pricing knowledge - before betfair even realised what they had created. they remained oblivious for years - then decide to charge them for the data... semi sensible, but they should have been their won white label 10 years ago and cut all the other out. instead they let them grow, and now even buy their own sports book from one of them - you could not make it up |
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The Magician (100) , do any bookmakers actually pay to use Betfair prices?
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Think an advertising campaign based on highlighting how bookmakers shut winners down is a non-starter. Most of the public don't understand that any winners get shut down, if you are shut down they often believe it is because you are cheating or doing something unethical, and to be honest, there is no way that Betfair themselves don't want to make it harder and harder for winners.
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depends how the advert was worded ie
punter A ..''i'd like two pounds on the favourite please'' bookie...''no problem sir (cheesy smile)'' punterB...''i'd like one hundred pounds on the favourite at 7/4 please'' bookie..(makes phone call)''sorry sir you can have twenty pounds at 6/4'' punterB...''forget it'' |
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95%+ of people never have any problem getting on, and they aren't likely to move in the same circles as the small band of shrewd winners. Those kind of adverts will just be met with bafflement by the public.
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well it wont ever happen now anyway, not now that betfair are running their own restrictive sportsbook
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that's a good point - BF's sportsbook is as restrictive as others if not more so, therefore a "we won't shut you down" campaign is a non-runner.
Biggest rugby match of the season coming up and I've been offered just over a fiver max on my mug first try scorer bet - crack traders indeed. The over-round on the book is huge yet they still won't take a bet. |
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TheVis
Why would you wan to bet on here ? |
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Was interested to find out what the sportsbook limits were like.
Also phoned a friend to place a bet in the same market on a new clean account and he was offered a liability of £150. Hardly smacks of a crack team does it? |
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ballabriggs - it's not about what proportion of people actually get restricted or shut down. it's about perception of bookmakers.
if you want to see where the bookies' vulnerabilities lie, look at their adverts and invert the image they're trying to portray. |
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if you want to see where the bookies' vulnerabilities lie, look at their adverts and invert the image they're trying to portray.
Sure, it's all about being a man or having a laugh at Paddy's underpants until you find a non-arbable bet. There are so many ways bf cd do it. Put in Freedom of Information requests w/ Ralph Topping & Denise Large for numbers of customers restricted and play the fool when answers are not forthcoming. Have 'hidden character'-style ads in which customers are shown waiting endlessly for phone calls. Show the price changing at 8.45 and someone missing the price. Have an ad immediately after .65's for the next race in which someone is shown being offered |
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...a tiny fraction of their stake (say
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2%)
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Run adverts just after their competitors e.g. 3.65's for the same race in which a bettor is shown being restricted to a ridiculously small amount. Hammer home the message that winners are welcome on the exchange.
Best of all wd be if they were able to generate new custom w/ a bookie-interface style site and feed it through at best price execution after their cut and dependent on size to the exchange. Sure, there are a host of reasons why the mgmt. wd not want to do this, but I fail to see what the passage quoted by frog was referring to if it wasn't this. |