Lay them Topsy, then watch them win! :lol:

From the UK perspective, we do not see it as an all out war with just one winner. Betfair has its small market share for serious punters, our TAB and on and off-course bookmakers have theirs. Racing attendances are well up and the gambling and prizemoney cake is growing year on year. Integrity has really been tightened up. We are quite happy for Australians and the whole Far Eastern market to keep on betting with Betfair UK as the 5% fees and most of their bets stay in UK. Your TABs are not only robbing you they are robbing the country.

Robert

Perhaps the Uk / other countries will stop the TAB's / bookies taking bets on their sports, i doubt very much the tabs are syphoning money back to them as fees......ie premier league

Betfair, great product, innovative, and because the greedy ******** here didn't think about it they are ********ed off and will try anything to stop it....well stiff cheese, it's the way of the world works and good luck to Betfair/exchanges i say!

We as punters/traders need our voices to be heard, otherwise the greedy element will get their way as per usual,then once again it will be a back to the old days of struggle for many.

Cheers

A.

A,

Being that vindictive is not in our nature.
We want open and fair trading opportunities for all.

Paying these use-of-product fees from offshore can only be sorted by negotiations or international trade agreements - despite what your loony tunes state. If the TABs etc would like to cough up some back fees I can provide an address.

Why don't you just take an interest in UK racing and offshore sports? You don't have to shop where they give bad service and rip you off.

Robert

Lay em and watch em win haha ya got that right....was sailing along nicely last year laying under $3 then the favs started dropping out of the skies flashing down the outside wining by a nose winning on protest my little world collapsed around me so I bailed ....
I ************ love Betfair for a 5% fee on profits to be able to obtain prices sometimes 10-20% better aint a bad deal and sports betting of all sorts and a forum thats full of smarties cos theyre dealing in big dollars .I can honestly say that since ive been using Its the first time in all my life that Ive had half a chance of being in front on the punt...... the bookies squeal like stuck pigs because they cant manipulate the market like they used to why take 9/2 when you can get 6sor 7s somewhere else ..... Onya B/F ya got me
Whats the latest on the move to get something happening out here

I cant see betfair affecting the TAB's profits all that much. I know i never bet on the TAB and i'm sure many other punters on this forum would not either. Why would serious punters bet on the tab when they can get best TAB or, best flux so on. Only serious punters use betfair so profit will be leaving the large betting agencies not the whingeing TAB's. Competition in the market can only be good for punters its time the TAB's to accept this and try to win some market share back by lowering their percentage takeouts, because at the moment Betfair has a distinct competitive advantage and dont the TABs know it.

The argument is flawed because if punter A "backs a horse to lose" he needs punter B to match the bet i.e "punter B backs it to win".

Courtesy of another racing website.

The Moonee Valley Racing Club is celebrating a record Carlton Draught Cox Plate day.
Final figures released on Wednesday indicate a massive combined total betting turnover of $43.8 million surpassing the 2002 record by a whopping $1.9 million.
And extensive client satisfaction surveys conducted by MVRC on the day proved conclusively that the club delivered a memorable day for patrons.
“Carlton Draught Cox Plate day has reached dizzy new heights, with the fact that Tabcorp achieved record turnover, bookmakers turnover was highest ever and on course tote our second highest,” said MVRC Chief Executive Officer John Cameron.
Betting on the Carlton Draught Cox Plate race was up a staggering 83 % on last year.
This figure is largely attributed to the outstanding quality of the field of 13 runners in this year’s race.
The evenness of the field sparked wide media interest, both nationally and internationally, in the lead up to Australasia’s WFA Championship.
The field, that included 11 individual group one winners, provided a wonderful racing spectacle and equated to glowing financial results for the club.
Tabcorp’s Chief Executive of Wagering, Michael Piggott, said: “Cox Plate Day had it all – great racing, terrific crowds, atmosphere and glamour and all the excitement around Savabeel’s wonderful win. It’s fantastic that so many lovers of racing got behind the Cox Plate this year.”
More than 32,000 people attended this year’s Carlton Draught Cox Plate – an increase of 15 per cent on last year.

Hang on, I thought Betfair was ruining racing???? So much for that argument. :lol: