#1 -above The Guardian… and far above BetFair. Posted on September 9, 2008 by admin ––UPDATE:–PREVIOUSLY: BetFair impose new “Premium Charges”… Do BetFair gag the critics, too?UPDATE: They announce a Q&-A. Related PostsSome vocal event derivative traders reject the new BetFair premium charges -as a matter of principle.BetFair co-founder Andrew “Bert” Black’s blog is flooded (New Orleans-style) with comments from event derivative traders who question the rationality, logic, extent, fairness, true pupose and timing of the new “premium charges”.UK billionaire Andrew Black (the BetFair co-founder) owns and manages a stable of 30+ Thoroughbred horses, but cant stand anymore to hear about the event derivative traders whom he extracted wealth from.