UK billionaire Andrew Black (the BetFair co-founder) owns and manages a stable of 30+ Thoroughbred horses, but cant stand anymore to hear about the event derivative traders whom he extracted wealth from.

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The Independent

PREVIOUSLY: BetFair impose new &#8220-Premium Charges&#8221-&#8230- Do BetFair gag the critics, too?

UPDATE: They announce a Q&amp-A.

BetFair co-founder Andrew “Bert” Black’s blog is flooded (New Orleans-style) with comments from event derivative traders who question the rationality, logic, extent, fairness, true pupose and timing of the new “premium charges”.

PREVIOUSLY: BetFair impose new “Premium Charges”… Do BetFair gag the critics, too?

UPDATE: They announce a Q&A.