Tag Archives: Edward Wray

History of BetFair, from the concept to the startup —in Andrew Black and Edward Wray’s own words

I already linked to it, but you should re-read the 2008 TIME interview of BetFair’s two founders. Awesome literature, if you are an entrepreneur. Take 10 minutes today to read that.

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BetFair’s Mark Davies, the last man standing

Andrew Black: Most of the original [BetFair] team have moved on now. Ed Wray is now Chairman, Mark Davies is still there and I’m still on the board and going in from time to time – I have three [BetFair] … Continue reading

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BetFair co-founder Edward Wray in the February edition of Real Business magazine

“Unblock the US market.” -

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Andrew Black (front) & Edward Wray (back)

The 2 BetFair co-founders: Photo Credit: George Jaworskyj -

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Time magazine interview the 2 BetFair-Tradefair co-founders, and not a single time do they pronounce the magic words, “prediction markets”.

- Edward Wray: We’re one of the very, very few Internet betting companies that have never taken a bet out of the U.S., and that’s because our view has always been it is illegal, which it clearly is now, and … Continue reading

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BetFair-TradeFair has won its second Queen’s Award for Enterprise in its eight-year history.

BetFair Corporate (PDF file): 21st April 2008 BETFAIR WINS SECOND QUEEN’S AWARD FOR ENTERPRISE Online betting company recognised for International Trade BETFAIR, the UK’s biggest online betting company, is proud to announce that it has won its second Queen’s Award … Continue reading

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BetFair results for the year 2007

The Sporting Exchange (BetFair Group) – The BetFair 2007 Annual Review = 2007 Results (ending April 30, 2007) – (PDF file) – 2007 revenue: £185,933,000 2007 group revenue: £181,928,000 2007 gross profit: £143,207,000 2007 EBITDA: £31,968,000 2007 profit: £19,388,000 — … Continue reading

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Interesting information about BetFair I found out on their corporate website

BetFair Corporate: Corporate and Operational Overview Corporate Overview Betfair is a registered bookmaker in the UK, where it operates an online betting exchange. Betfair also operates under licences in Australia, Austria and Malta and is seeking licences elsewhere within the … Continue reading

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The BetFair Galaxy

BetFair – (Hammersmith, London, England, United Kingdom, E.U.) — Alternate URLs: BetFair.co.uk & Flutter.com — Described as “the eBay of peer-to-peer betting”. — BetFair is a prediction exchange that does not prominently display the last price. Instead, the “Express View” gives the best offer (i.e., ask … Continue reading

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HISTORY: Prediction Markets Timeline

For an updated version of this document, see the “paged” Prediction Markets Timeline. – CHRONOLOGY & HISTORY: Prediction Markets Timeline – Feel free to post a comment or contact me, and I’ll correct or add a factoid. Thanks. – #1. … Continue reading

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