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Tag Archives: David Yu

BetFair Growing 30%, Easing over the Pond, and Hiring 50 Valley Engineers

BetFair Growing 30%, Easing over the Pond, and Hiring 50 Valley Engineers
TechCrunch republishes BetFair’s PR material. No independent analysis in this TechCrunch story. Nothing about problem gambling, for instance. Nothing about InTrade, BetFair’s competitor.
TechCrunch = stenographers

Gerard Cunningham, president of BetFair USA (The Sporting Exchange USA)

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Previously
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BETFAIR ENTER THE U.S. BETTING MARKET.

BetFair buy out the Television Games Network for $50 million.
UPDATE: BetFair release.
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Gerard Cunningham, president of BetFair USA

Gerard Cunningham (President at BetFair USA)
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BetFair is doing fine —thanks for asking.

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The Sporting Exchange – BetFair – Annual Review 2008 – PDF file
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The BetFair “crisis board meeting” was a total invention of the Daily Mail, but the PR debacle is real.

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Mark Iverson’s take
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Racing UK discussion on the BetFair Premium Charges
http://myfreefilehosting.com/f/65316b3dad_13.76MB
http://myfreefilehosting.com/f/e050785511_12.87MB
Go first to the 2 webpages above. Then, right-click the link, and download the files.
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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.
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PREVIOUSLY: BetFair impose new “Premium Charges”… Do BetFair [...]

BetFair deny there was a “crisis board meeting” to clean up the mess created by the arrogant British incompetents who devised the “Premium Charges”.

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UPDATE: BetFair deny there was a “crisis board meeting”.
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UPDATE: Mark Iverson’s take
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UPDATE:
http://myfreefilehosting.com/f/65316b3dad_13.76MB
http://myfreefilehosting.com/f/e050785511_12.87MB
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Go first to the 2 webpages above. Then, right-click the link, and download the files.
Racing UK discussion on the BetFair Premium Charges
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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 [...]

BetFair impose new “Premium Charges”, and their very active traders are up in arms. – Plus, do BetFair gag the critics?

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 British bookmakers). They attack the problem with a dual approach: they try to lower the IT costs associated with each bet transaction (see FlyWheel Lite), and they [...]

Why InTrade CEO John Delaney, TradeSports acting CEO John Delaney, BetFair CEO David Yu, HubDub CEO Nigel Eccles and NewsFutures CEO Emile Servan-Schreiber should supplicate me to develop my prediction market journalism project

- 200 web visitors (coming from Google) reached my John Edwards post, published yesterday afternoon (ET).
- 10% of them followed my links to the 2 HubDub prediction markets on John Edwards.
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Remember that those web stats count only the web visitors, not the feed subscribers —who are more numerous, and whom I focus more on.
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TAKEAWAY: A [...]

VIDEO — BetFair’s Mark Davies croaks like a frog.

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To watch Mark Davies speaking French:

Internet Explorer —no FireFox.
Latest Flash.
Go to M6 Replay.
Select “magazines”.
Scroll on the right to go to “Enquete Exclusive”.
Select Sunday, May 1, 2008 — Paris sportifs: Quand la Mafia s’en mele…
Windows Media.
9:00 into, they talk about Davydenko.
11:00 into, they show the BetFair HQ.
Mark Davies is introduced as “the #2″. And, later [...]

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