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Oceanfinance
06 May 15 15:00
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Date Joined: 17 Oct 03
| Topic/replies: 3,002 | Blogger: Oceanfinance's blog
and keep the sportsbook? Maybe when the sportsbook is completely established. Exchange dying a slow death and the old line about attracting new blood to the sportsbook before introducing them to the exchange rings hollow.

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Replies: 15
By:
bilbobaggins
When: 06 May 15 18:25
Will never happen Ocean - easy money for them.
By:
Super Hans
When: 06 May 15 18:28
Hopefully sell off new site and keep the old.
By:
Oceanfinance
When: 06 May 15 18:45
They don't appear to have any interest in it though.
By:
Coachbuster
When: 06 May 15 22:35
they will keep it to stop others getting hold of it
By:
zooot
When: 10 May 15 12:26
helps them set the odds on the sportsbook. A wealth of info for them
By:
Coachbuster
When: 10 May 15 13:43
the site has been killed off for betting purposes - folk have lost interest in running
By:
TheVis
When: 10 May 15 13:57
they'll keep it just for the IPL millions
By:
pxb
When: 11 May 15 02:21
In Australia, Crown has bought out BF UK, and additionally tried to get BF sportsbook customers to move to their sportsbook offering Beteasy.

Made no difference to exchange users like me so far. Media says it is 'strategic', and I expect changes in the future. Hopefully to the good. Why buy the exchange, which loses money in Australia, if you don't intend to do something with it?
By:
YOMOMMA
When: 20 May 15 13:20
I don't understand why they didn't sell it. Why keep a betting exchange if you don't want anyone to use it.
By:
Coachbuster
When: 20 May 15 14:29
don't BF use the exchange to benefit their Sportsbook ?   would Sporstbook not work without it ?


i though thats where most of the money is channeled through these days
By:
YOMOMMA
When: 20 May 15 15:33
Just that price rush.
By:
Coachbuster
When: 20 May 15 19:18
isn't that their golden egg ?
By:
fixed
When: 20 May 15 20:31
it's the heart and soul of betfair, it's a monopoly that could not be penetrated despite numerous attempts by wanna-be competitors .... and it is also generating record trading volume.....selling an asset like this would be suicide
By:
CLYDEBANK29
When: 21 May 15 10:38
Agree with fixed and I think Betfair are being honest to an extent with their strategy.  The sportsbook being a gateway to the exchange, for those who struggle with the concept, who without joining the sportsbook first would never end up on the exchange.
By:
Templeton Peck
When: 21 May 15 18:35
Yep, I don't think there's some sort of conspiracy going on. Worth noting that the chaps who wanted to buy the exchange a year or two back saw it as being for 'sharks' only.  They weren't looking to attract mug punters..
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