Tag Archives: The Guardian

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

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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TRAFIGURA: The Guardian was served with a gagging order forbidding it from reporting parliamentary business.

“The Guardian is prevented from identifying the MP who has asked the question, what the question is, which minister might answer it, or where the question is to be found. The Guardian is also forbidden from telling its readers why … Continue reading

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UK’s Guardian lambasts Mr Crystal Balls Nate Silver.

“A less-than-brilliant Oscars for Nate Silver, who used his skills as a baseball statistics nerd to turn his politics blog, FiveThirtyEight.com, into the online hit of last year’s election. Silver predicted the presidential outcome with eerie precision, and gamely crunched … Continue reading

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The Guardian now treats BetFair as a monopoly.

- The Guardian on the BetFair premium charges, the privatization of the BetFair forum, and BetFair’s monopoly. – [Our previous story.] – The Financial Times on the BetFair prediction market(s) about the next UK general elections.

Posted in Analysis (Industry), Betting, Exchange & Market Management, Exchanges & Markets, Internet Marketing - Internet Commerce | Tagged , , , , , | Leave a comment

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

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

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

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

Posted in Betting, Ethics, Exchange & Market Management, Exchanges & Markets, Internet Marketing - Internet Commerce, Market Transaction Costs | Tagged , , , , , , , , , , , , , , , , , , , , | 1 Comment

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 … Continue reading

Posted in Analysis (Industry), Ethics, Exchange & Market Management, Exchanges & Markets, Internet Marketing - Internet Commerce, Market Transaction Costs | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , | 51 Comments

Nick Davis’ effort to clean up British horse racing

The Guardian Nick Davis’ thread on the BetFair forum … that started the grass-root campaign. – Thanks to Betting Market and BetFair for the deep links. -

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JIMMY CARTER: Picking up Hillary Clinton on the Democratic ticket “would be the worst mistake that could be made”.

The Guardian Take that, Mike R. – Reminder: I have stong reservations about those VP prediction markets. (But Bo compels me to publish about them anyway. ) – InTrade – Democratic Vice President Nominee – Republican Vice President Nominee – … Continue reading

Posted in Exchanges & Markets, Market Liquidity, Market Prices & Probabilities, Politics | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , | 1 Comment

Tennis is not systematically nor institutionally corrupt. There is no evidence of a link to the Mafia.

Only 45 suspicious tennis matches out of the hundreds of thousands of matches played over the last five years. That’s peanuts. – Via Steve Roman Bloomberg New York Times The Times (of London) The Guardian – Previously: The Mark Davies … Continue reading

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