Any word on progress Pat?
All I could find was abseiling and rock climbing lol

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Yeah I keep doing a google search and find that site too - I'm sure they'd want that domain name.

I'll email the guy and see what the update is, however the other week he just said they're testing and hope to be good for the world cup especially.

Ok so testing begins next week. I've been asked to help them, along with a number of others to be one of their pre full release market testers. I'll keep you up to date with when they plan to go live.

Sports are offered for the first 2 weeks then racing thereafter.

Sports testing this Thurs to Sun. Gearing up for the world cup.

In consideration of this news and referencing CP's post from 'Laying the Field",
"However, it's all been purely because the traders hit the Aussie markets and made it unprofitable, then Premium Charges hit and levies and traders left and we're back folks"

Where do you think this will leave the exchange model? As in the Backers will depart to Pinnacle, knowing they won't be limited. That leaves the Layers with no one to exchange bets with, hardly. Yikes!!

I'm thinking Pinnacle could get a few customers. Just a few lol.

Maybe this will force others to up their game.

You'd be hoping that the introduction of pinnacle would force the others to up their game, but at the same time that depends on how many of the 95% who aren't profitable decide to move across. That will depend on a combination of marketing, joining bonuses, word of mouth etc etc. If they do start to gain some traction and take reasonable market share then the current bookies have no other option but to step up their game.

I was thinking along the lines of stop limiting winners, arbers and banning altogether. Probably won't, but if Pinnacle turn out to be the best in all areas (odds, massive bet size limits, no limiting or banning), never know..

I predict it will be like the USA races, no action until the dying 30 seconds and then you'll be able to lay first and second favourites at reasonable prices, everything else will have no value and be massive gaps between back and lay prices.
Rhe original exchange model was brilliant, then they floated and the number one priority was growth. It's like nightclubs, give all the girls a free drinkcard and twice as many blokes will follow and drink twice as much, because the blokes buy the girls drinks anyway. Betfair just don't get this method of marketing.
Make Betfair the most attractive place to be with best odds, least commission and traders will flock back carrying with them new clients and liquidity.
Some CEO's have 1000 degrees but no nouse!!!!

1% of 10 million is much better than 10% of $10,000, especially when that 10% has to be spent on arcade games, sportsbook and advertising to get people in. Word of mouth is the best and cheapest investment any corporation can make.

__________________
RaceCensus - powerful system testing software.
Now with over 409,000 Metropolitan, Provincial and Country races!
http://www.propun.com.au/horse_raci...ng_systems.html
*RaceCensus now updated to 31/10/2024
Video overview of RaceCensus here:
http://www.youtube.com/watch?v=W821YP_b0Pg