Quote:
|
Originally Posted by Charlie D
Interesting comments from Burns.
Maybe someone could ask the BF rep why one of Betfair big players (racehorse owner too) is asking UKTote to reduce take to around 12%.
|
Follow the cash.
He is not going to throw the people who want him there under the bus and vice versa. It's passing a law that has one good thing for him, and another thing he probably really thinks is dumb, but needs support.
The bettors' opinion is felt, with emails etc (which are ignored), but it will be really felt, just like it has the last decade - with them quietly leaving, and gross handles falling and falling.
The premium charge at BF is understood by people who play there. It is a charge against the betting bots who try and sneak in under large bids and trade the markets, not adding much to the customer experience who bet long or short on horses. They want people who take a stand to have a shot, and the bots to pay up if they are going to screw up markets.
