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Tag Archives: BetFair fees

All against the BetFair premium charges

Excellent analysis from the “Punt” blogger.
Serial bet winners are accused (that’s the word) to withdraw money from the BetFair machine, compelling BetFair to attract new money from newbies at a high marketing cost, and thus BetFair has decided to tax those serial bet winners.
I wonder what a Harvard or Wharton MBA would think of this [...]

Marketing web publication accuses de facto monopoly BetFair of gouging customers.

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Previously: Our blog post on the BetFair Premium Charges
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The anti-BetFair Premium Charges video reappears on YouTube under a new account.

The Ghost Of Premium Charges

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PREVIOUSLY: BetFair impose new “Premium Charges”… Do BetFair gag the critics, too?
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WE ARE BETFAIR. RESISTANCE IS FUTILE. YOU WILL BE ASSIMILATED.

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A list of the Betfair forum threads about the new premium charges.
A FaceBook group has been created to protest the new BetFair premium charges.
PREVIOUSLY: BetFair impose new “Premium Charges”… Do BetFair gag the critics, too?

With the “premium charges”, BetFair is asking the hogs to pony up. However, the collateral damage is that the concept of “exchange” is stabbed in the back.

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A list of the Betfair forum threads about the new premium charges.
A FaceBook group has been created to protest the new BetFair premium charges.
PREVIOUSLY: BetFair impose new “Premium Charges”… Do BetFair gag the critics, too?

One day after BetFair’s PR move, the very active event derivative traders are still very displeased by the new BetFair “premium charges”.

I have re-published yesterday’s BetFair Q & A at the bottom of my previous post —because that’s the post that Google features, bringing in 300 people a day.
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My analysis of this PR debacle:

BetFair has a very complex information technology system, which is very costly, making BetFair less profitable than the fixed-odds betting operators (the big [...]

Just like Greg Mankiw, the BetFair event derivative traders don’t like tax hikes.

A non-scientific poll among British event derivative traders:

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PREVIOUSLY: BetFair impose new “Premium Charges”… Do BetFair gag the critics, too?
UPDATE: They announce a Q&A.

UK billionaire Andrew Black (the BetFair co-founder) owns and manages a stable of 30+ Thoroughbred horses, but can’t stand anymore to hear about the event derivative traders whom he extracted wealth from.

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The Independent
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PREVIOUSLY: BetFair impose new “Premium Charges”… Do BetFair gag the critics, too?
UPDATE: They announce a Q&A.

#1 —above The Guardian… and far above BetFair.

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UPDATE:

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PREVIOUSLY: BetFair impose new “Premium Charges”… Do BetFair gag the critics, too?
UPDATE: They announce a Q&A.

Some vocal event derivative traders reject the new BetFair “premium charges” —as a matter of principle.

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PREVIOUSLY: BetFair impose new “Premium Charges”… Do BetFair gag the critics, too?
UPDATE: They announce a Q&A.

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