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THE BETTING WORLD
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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.
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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. |
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Betfair is the best thing ever for the betting public.
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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. |
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betfair is the best thing for the betting public
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everyone wins on betfair!
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Has to be when tax was abolished.
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Betfair was the best thing ever to happen for mugs but the worst for shrewdies.
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Well done on the PL title Op
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Killed on-course camaraderie
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Also you get the added bonus of the forum
and everyone wins on the betfair forum FACT |
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Even MoneyTree
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The shrewdies were winning fortunes off the bookies until betfair came along.
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and it also allows some bf shreewdies to purchase a honda accord.
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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 |
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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...!
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I'd say looking at share price it's all going very well.
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I think the fact that no credible competitor has taken betfaie on and succeeded is incredible
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Betfair make most of there money on the Sportsbook Arcade and Casino
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@SIR_Bond
Name your source? Last year's annual report has the breakdown as: 62% Exchange 17% Gaming 12% US Business 9% Sportsbook |
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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. |
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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.
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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 |
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And of that 42%, probably at least 15% betfair own bots, so 27% exchange.
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Betfair is the greatest thing since sliced bread.
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cricket is the new football
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yes
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i only bet with betfair
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