Tag Archives: UK

British electors don’t want to change their electoral system. — [PREDICTION MARKET]

Question asked on May 5, 2011 (United Kingdom Alternative Vote referendum): At present, the UK uses the “first past the post” system to elect MPs to the House of Commons. Should the “alternative vote” system be used instead? Here’s BetFair’s … Continue reading

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BetFair co-founder Ed Wray laments the suppression of UK’s tax incentive for startup entrepreneurs.

BetFair chairman Ed Wray: “Too many hurdles in the way of enterprise”. Wray refers to a tax incentive that he and Black used to launch Betfair after they were forced to go to friends and family for funds, having failed … Continue reading

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IN-PLAY BETTING: BetFair is already compliant with the Gambling Commission’s first pointer.

The UK Gambling Commission is not “coming after BetFair and Betdaq”. They’ll be looking at all operators. Almost all UK-based betting operators (betting exchanges and bookmakers) offer “in-play” betting, these days. The UK Gambling Commission’s approach (so far) to in-play … Continue reading

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