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JohnTerry
07 May 15 05:00
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Date Joined: 05 Feb 03
| Topic/replies: 2,285 | Blogger: JohnTerry's blog
THE BETTING WORLD
Pause Switch to Standard View I JOINED BETFAIR 14 AND HALF YEARS...
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Report JohnTerry May 7, 2015 5:03 AM BST
Does anyone think it still is???. Some things nowadays are not great.The stories I hear about the casino,sportsbook etc  make me seriously question what is happening.
Report swift-tuttle May 7, 2015 7:47 AM BST
Yes, it was an idea waiting to be put into practice and really was a by-product of the development of the internet.
Now, the idea is out there and will be here to stay, whether it is in the form of Betfair or other new operators.
Report unitedbiscuits May 7, 2015 8:00 AM BST
Betfair is the best thing ever for the betting public.
Report Johnny_Mustang May 7, 2015 8:24 AM BST
The absolutely beautiful thing about Betfair, for which I'll be eternally grateful, is that since its inception I no longer have to enter into a discussion, communication or debate with most of the c*nts on here in the flesh.

Thank you Betfair.
Report Breedingmad May 7, 2015 8:29 AM BST
Devil
Report the.mad.dog.man May 7, 2015 8:31 AM BST
betfair is the best thing for the betting publicLaughLaughLaugh
Report paddy1 May 7, 2015 8:33 AM BST
everyone wins on betfair!Silly
Report Breedingmad May 7, 2015 8:39 AM BST
Has to be when tax was abolished.
Report loper May 7, 2015 9:35 AM BST
Betfair was the best thing ever to happen for mugs but the worst for shrewdies.
Report Irish are lucky May 7, 2015 9:37 AM BST
Well done on the PL title Op
Report RothmanMike May 7, 2015 10:01 AM BST
Killed on-course camaraderie
Report SIR_Bond May 7, 2015 10:08 AM BST
Also you get the added bonus of the forum

and everyone wins on the betfair forum

FACT
Report SIR_Bond May 7, 2015 10:19 AM BST
Even MoneyTree
Report sparrow May 7, 2015 10:42 AM BST
The shrewdies were winning fortunes off the bookies until betfair came along.  Laugh
Report roida May 7, 2015 10:44 AM BST
and it also allows some bf shreewdies to purchase a honda accord.
Report OliasOfSunhillow May 7, 2015 11:09 AM BST
There are 3 things that back around 2000 allowed me to get back into betting seriously and eventually give up the day job.

1. Abolition of tax
2. Development of the internet and greater competition amongst odds
3. Development of PtoP betting which added to 2 above but also offered an outlet for those banned by bookmakers

Has PtoP been a boom for punters, most certainly yes. But the internet generally has been the catalyst. If betting was still peroqial (excuse spelling) then by now we probably would be back on 9% tax.

What PtoP does for all of you is enable you to lose less, even the fun/losing punter will be losing less as a result of PtoP
Report Cork Langer May 7, 2015 11:16 AM BST
OOS, you should have clarified PtoP stands for Person to Person, otherwise the likes of breedingmad will think you are referring to koi and the edge of point to point...!
Report Money Tree cost me thousands!! May 7, 2015 11:24 AM BST
I'd say looking at share price it's all going very well.
Report minardi May 7, 2015 11:28 AM BST
I think the fact that no credible competitor has taken betfaie on and succeeded is incredible
Report SIR_Bond May 7, 2015 11:29 AM BST
Betfair make most of there money on the Sportsbook Arcade and Casino
Report longbridge May 7, 2015 2:12 PM BST
@SIR_Bond

Name your source?  Last year's annual report has the breakdown as:

62% Exchange
17% Gaming
12% US Business
9% Sportsbook
Report unbiased May 7, 2015 2:36 PM BST
Posters make these wild assertions without doing their groundwork.IPL is going through the roof.A while ago I thought £32m turnover was good,until I saw £48m on a match the other day.Yes,much of it could be players trading in and out,but the figures don't lie.All the long duration events are doing higher turnover,like tennis,golf,big footaball finals etc.
  Longbridge has given the facts.
Report YOMOMMA May 7, 2015 3:52 PM BST
Aye but the exchange isn't peer to peer anymore. It's full of cross matching bots, price rush, all the side markets have dramatically decreased (football, tennis, cricket and snooker) and the only ones with money in now are run by betfair own bots.
Report pablo-fanque May 7, 2015 3:55 PM BST
62% Exchange
17% Gaming
12% US Business
9% Sportsbook


of that 62% , i would like to know how much is down to PC , probably 20% at least , so 42% exchange
Report YOMOMMA May 7, 2015 3:56 PM BST
And of that 42%, probably at least 15% betfair own bots, so 27% exchange.
Report artie May 7, 2015 3:58 PM BST
Betfair is the greatest thing since sliced bread.
Report YOMOMMA May 7, 2015 4:21 PM BST

May 7, 2015 -- 3:58PM, artie wrote:


Betfair is the greatest thing since sliced bread.


It's great until you get close to PC.

Report Princes Purple Guitar May 7, 2015 4:24 PM BST
cricket is the new football
Report JohnTerry May 7, 2015 4:49 PM BST
yes
Report general custer May 7, 2015 5:29 PM BST
i only bet with betfair
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