8th August 2011, 04:24 PM
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Member
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Join Date: Aug 2010
Posts: 1,037
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Quote:
Originally Posted by Chrome Prince
Betfair are simply digging their own grave.
The market is plum for a competitor to come in with something too good to refuse.
Liquidity is the only thing saving them at this point, once liquidity starts to dwindle and similar products offered elsewhere, Betfair will be history.
It's a very sad fact, that something that started so well, had so much potential and revolutionised gambling for the punter, is now facing an agonising death due to greed.
And after they paved the way with High Court challenges, faced so much adversity and became a recognised betting medium, what a waste of a good idea due to the "accountants".
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The only problem for us Aussie punters is that other exchanges aren't allowed to operate on the Oz racing. I think Betdaq tried but had to shut the Oz racing down as they are not licensed here.
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