True Mark, a few of them do like a punt tho so lets hope at least one in a position of influence loves his/her BF account & despises the TAB's ...but wont be holding my breath...

The problem is that traders and scalpers are then advantaged and backers or layers of multiple horses in a race are disadvantaged again.

There is no way Premium Charges will be dropped anyway.

If anything there will be PC 4 or super duper premium charge to accomodate the levy.

This is only my opinion, but they need to start from scratch with commission and premium charges and restructure the entire method of fees which will fairly impact on all types of exchange users.
However, I don't think this will happen.

Very strange no further announcements forthcoming.
Perhaps they are going to try a different strategy based on the board meeting.

__________________
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Deafening silence from Betfair since the High Court decision...why do I get the feeling the bomb will be dropped any day now...

although I found this paragraph from the ruling very interesting (enlightening?)

In the course of the litigation Betfair abandoned its contentions that the burden of the fee is such that it cannot continue profitably to offer wagering services on New South Wales thoroughbred racing and harness racing and that it is likely to exit from that market. Indeed, in cross-examination, the Chief Executive Officer of Betfair, Mr A J Twaits, agreed that Betfair had not reduced the number or type of horse races in New South Wales upon which it seeks wagers, nor had the licence fee affected the odds offered; changes by Betfair in its business strategy had not been driven or impacted by the introduction of the fee. Perram J made the following findings[22]:

"The respondents alleged that as at September 2008 and at the time of the trial Betfair would continue to take steps to expand its betting exchange system in relation to many different kinds of events. Mr Twaits accepted this in cross-examination and I find it to be the fact.
The respondents alleged that it was likely that Betfair would conduct its business with a view to building a customer base and increasing goodwill across the whole of that integrated business and, again, Mr Twaits agreed that this was so and I so find.
The respondents alleged that Betfair would consider which decisions to make in response to the race fields fee and, again, Mr Twaits agreed that this was so only if, however, Betfair was unsuccessful in these proceedings. I so find."

Yep, the silence is almost eerie.
It's like the calmn before the storm.

Although I have noticed some definite market changes recently, perhaps they kicked their bot into overdrive to compensate.
Wouldn't surprise me in the least.

__________________
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

Yes, the SP's last Saturday, although mostly negative were not as bad as the week before. The Doncaster, which last year I went into for something around $5000, but this year chickened out and only went in for $200, returned 113%. Very good but annoying.

Are you guys still managing to trade profitably?

Hi Mark,
Are you annoyed that it returned 113% or because you were Chicken.
Blak , Blark
It was only $5000.
LOL

__________________
Cheers.

BOTH !!!!

Get your amounts right @113% for $5000 means around $650 jumps in.

Just got the email - base commissions going from 5% to 6.5% on ALL Australian racing!