There has been an interesting, and at times amusing, conversation going on via Twitter which was brought to my attention by @PremiumCharged.
It features some well known names, Bet Angel ( @Betangel aka Peter Webb), Statistical Trading ( @Statsbet) and "allegedly the worlds biggest punter and high stake professional gambler" Zeljko Ranogajec ( @zeljkoranogajec ).
Bet Angel opens the thread with one of those pointless questions but to his credit, Statistical Trading comes back with a great answer that Peter wasn't expecting, and which immediately puts him on the defensive.
On the back foot, Peter rather clumsily claims to have "made more trading than selling software, one of a tiny few to have done so".
I would suggest that very few have in fact made more from selling betting software than from trading, simply because so few people sell software! Thus just about every one who has made a profit from trading can make that claim!
Then Statman brings up the courses, but apparently these are hardly worth running after expenses and considering he "doesn't own outright" whatever that means. Courses? Software?
Peter's courses are clearly charitable gifts to the trading community rather than run for financial gain.
Then Statman, showing uncanny talent as a cross-examiner, asks a simple question - "But surely you pay some kind of Premium Charge on Betfair".
It's a topic Peter has long avoided, and unsurprisingly his response this time is anything but straight:
I say response, because a straight answer would have been "Yes" or "No", but instead we get waffle about "dynamics" and an expression of disappointment in the Premium Charge which is shared by many of us.