Tag Archives: BetFair

BetFair’s glitch ruins a set of £23m prediction markets. — [LINKS]

Posted on December 30, 2011 by Chris F. Masse

BetFair’s official statement. The British press on the disaster. Via Mark Davies.

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Once again, Yahoo!’s David Rothschild forgets to cite InTrade and BetFair as probability sources. — [OOPS]

Posted on November 10, 2011 by Chris F. Masse

Here. Previously.

Posted in Exchanges & Markets, Market Prices & Probabilities, Prediction Journalism | Tagged , , , , , | 2 Comments

Hackers did get into BetFair’s customer data, but BetFair kept quiet about it. — [LINK]

Posted on October 3, 2011 by Chris F. Masse

Betfair is in for a rough ride over data theft. Thanks for one faithful reader for the tip.

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BetFair continues to be lambasted by The Guardian, and for all the good reasons. — [LINKS]

Posted on September 27, 2011 by Chris F. Masse

One, they are losing all their good people. Two, they’ve banned the media from their stockholder assembly, which is a guarantee to get horrific press. Thanks for our faithful reader for the links.

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Yahoo’s David Rothschild scraps market info from InTrade (and BetFair?), does not cite them, and does not link to them. — [UPDATED]

Posted on September 23, 2011 by Chris F. Masse

David Pennock’s little protégé should receive a crash course about citing sources. C’est minable. UPDATE: David Rothschild e-mails me to say he forgot to link to InTrade and BetFair in that story, at publication time, but he added the links … Continue reading →

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BetFair is off the 2011 list of the most valuable startups. — [RANKING]

Posted on September 23, 2011 by Chris F. Masse

Most Valuable Startups 2011. PREVIOUSLY (CIRCA 2008): The Sporting Exchange (BetFair-TradeFair) ranks #4 in the Silicon Alley Insider’s list of the top 25 digital startups, and is valued at 5 billion US dollars. (Yes, billions.)

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Are InTrade lying about the number of ‘predictions’ they process? — [GUEST AUTHOR]

Posted on September 13, 2011 by Guest Author

Intrade now post the following claim on their home page: Platform Metrics (More Soon) Platform operational: Since 2001 Total Predictions: 619,141,899 Average Daily Predictions: 169,589 This is just a preposterous misrepresentation of the volume of activity on the site. The … Continue reading →

Posted in All Guest Authors's Posts, Exchange & Market Management, Exchange Liquidity, Exchanges & Markets | Tagged , , , , , , , , , | Leave a comment

The betting revolution in horse racing — [VIDEO]

Posted on July 30, 2011 by Chris F. Masse

CNN.

Posted in Betting, Exchange Liquidity, Exchanges & Markets, Inventions & Innovations, Mechanism Designs | Tagged , , , , , , , , , , | Leave a comment

BetFair loses CEO, buys back shares… and increases premium charges on big traders. — [LINK]

Posted on June 30, 2011 by Chris F. Masse

Guardian: Share buybacks are a popular tactic for mature businesses and are typically employed when companies cannot think of efficient ways of deploying spare cash. However, Betfair was sold to investors in October as a company that had strong growth … Continue reading →

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Will BetFair CEO David Yu exit? — [LINK]

Posted on June 24, 2011 by Chris F. Masse

“Yu being the next one out the door”.

Posted in Business, Exchange & Market Management, Exchanges & Markets | Tagged , , , , | 2 Comments