Tag Archives: The Sporting Exchange

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.

Posted in Exchanges & Markets | Tagged BetFair, bettors, client data, clients, customer, customer data, customers, data, database, gambler data, gamblers, The Sporting Exchange | Leave a comment

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.

Posted in Business, Exchange & Market Management, Exchanges & Markets | Tagged BetFair, Business, management, marketing, Media, P.R., PR, press, public relation, The Guardian, The Sporting Exchange | 2 Comments

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 →

Posted in Business, Exchange & Market Management, Exchanges & Markets, Finance, Market Transaction Costs | Tagged BetFair, BetFair Premium Charge, BetFair Premium Charges, BetFair's premium charge, BetFair's premium charges, betting exchanges, charges, derivatives, event derivative markets, event derivatives, fees, Finance, futures, LMAX, prediction markets, shares, stock market, stocks, The Sporting Exchange | Leave a comment

The BetFair exodus continues. — [LINK]

Posted on May 31, 2011 by Chris F. Masse

Nobody wants to work under David Yu anymore. Via a faithful reader. Previously: BetFair employees believe that David Yu and the other top brass are a bunch of schmucks who are incapable of delivering leadership. — [NEWS]

Posted in Business, Exchange & Market Management, Exchanges & Markets | Tagged BetFair, Business, business executives, business people, David Yu, directors, execs, executives, human capital, human resource, human resources, leaders, leadership, management, managers, People, senior managers, The Sporting Exchange | Leave a comment

BetFair employees believe that David Yu and the other top brass are a bunch of schmucks who are incapable of delivering leadership. — [NEWS]

Posted on May 23, 2011 by Chris F. Masse

Via a reader, The Guardian lists the execs who have recently fled BetFair HQ: – Mathias Entenmann – Charlie Palmer – Robin Osmond – Lee Cowles – Tim Phillips – Emily Foge – Rob Glynne – Alex Deacon – Tony … Continue reading →

Did the prediction market industry fail because of the lack of usability of the prediction markets? — [REBUTTAL]

Posted on April 15, 2011 by Chris F. Masse

David Pennock: I like an analogy of Playstation versus Wii. Just like Wii opened up video gaming to a mass audience including women, I think there’s room for simpler/friendlier sites like smarkets that can open up gambling to a much … Continue reading →

Posted in All Best Posts Ever, Analysis (Industry), Exchanges & Markets | Tagged BetFair, betting markets, David Pennock, event derivative markets, event derivatives, InTrade, InTrade-TradeSports, James Surowiecki, John Delaney, Justin Wolfers, prediction market industry, prediction markets, Robin Hanson, The Sporting Exchange, TradeSports | 2 Comments

Shutdown threat for BetFair as Italian regulator takes tough line on licences — [LINK]

Posted on March 25, 2011 by Chris F. Masse

“The authority has accused Betfair Italia of breaching the provisions of its Italian gaming licence agreement, which prohibits the online operator from offering games to Italian residents in breach of Italian law, whether directly or through an affiliate.” Thanks to … Continue reading →

Posted in Business, Gambling, Regulations | Tagged BetFair, BetFair Italy, bets, Betting, Gambling, laws, Regulations, The Sporting Exchange | Leave a comment

BetFair Casino’s promotion “had not been administered fairly”. – [JUDGMENT]

Posted on February 25, 2011 by Chris F. Masse

ASA Adjudication on Betfair Ltd. Thanks to Niall O’Connor for the pointer.

Posted in Ethics, Gambling | Tagged BetFair, BetFair Casino, Casinos, Gambling, Internet casinos, Internet gambling, The Sporting Exchange | Leave a comment

The Internet is full of harsh stories about BetFair “robbing” casino players over November’s “Happy Hour” promotion. – [VIDEO]

Posted on December 19, 2010 by Chris F. Masse

- Caruso on Midas Oracle: [...] the ‘Happy Hour’ bonus fiasco where they lost millions of pounds from an incompetently written promotion, only to grab all the funds back and accuse the players of wrongdoing. With so much money at … Continue reading →

Posted in Gambling, Regulations | Tagged BetFair, Betting, Casino, Gambling, marketing, promotion, Regulations, The Sporting Exchange | 4 Comments

Betting @ BetFair remains a mediocre-quality publication —triple alas.

Posted on December 16, 2010 by Chris F. Masse

I have spent some time this morning browsing it, and I am sad to report that the quality of this news website is still very low. – The navigation is crappy. For instance, clicking on the BetFair logo will bring … Continue reading →

Posted in Exchange & Market Management, Exchanges & Markets, Journalism, Prediction Journalism | Tagged BetFair, bets, Betting, Betting @ BetFair, betting markets, event derivative markets, forecasting, forecasts, predicting, Prediction Journalism, prediction market journalism, prediction markets, Predictions, The Sporting Exchange | 1 Comment