Sunday, 4 February 2018

BP3 And PC3

I'm back from another (almost) two weeks of travel, which included just the one speeding ticket, and a few tweets caught my eye while I was on the road. 

One was from Betfair Pro Trader @Betfairprotrade who wrote:

Unfortunately I may be missing out on the fun, since a click on the link brings up a message that "This blog is open to invited readers only" and "It doesn't look like you have been invited to read this blog. If you think that this is a mistake, you might want to contact the blog author and request an invitation."

I'll let the reader ponder why someone might start a blog and then restrict who can read it, and point them to this post from August 2016.

If the premise of the new blog is that the writer is currently a highly paid, globe-trotting, CEO but that "in exactly x weeks from now I will resign from my job and start a new life working for myself" - well, it's déjà vu.


Also complete nonsense. No actual CEO would contemplate for a moment giving up his, by definition successful, career for full-time sports trading. If this is Big Pairs again, this is at least the third time he has tried this pitch.

In addition to Betfair Pro Trade's mention, @LESSismore44 (only the essentials) bought this blog to my attention, and after responding that it was locked, added that:
At the risk of tiring you out before the Superbowl tonight, again I'll let the reader ponder why someone might lock a blog and restrict who can read it as soon as it garners some interest? Not someone with nothing to hide would be my guess.

The Big Pairs leopard needs to change his spots next time, or at least substitute "CEO" with something more realistic - unless it stands for "Cleaning Effluent Outlets".  

There have also been a couple of Betfair Premium Charge related tweets worth looking at. 

The always interesting, and certainly dedicated, @PremiumCharged wrote that:
Betfair Premium Charge is an unfair restriction by a monopoly exchange that penalises past success from over a decade ago
Have your say @GamRegGB consultation
http://www.gamblingcommission.gov.uk/Docs/Form-response-to-consultation.docx …
consultation@gamblingcommission.gov.uk copy in @HbfBritain by email comments@ukhbf.org
PremiumCharged also responded to a posting of a video link to last November's Matchbook Traders' Conference, although in typical Webbo style, he manages to get the year wrong!
No one can ever accuse Webbo of worrying about the details. The video is here, and on the topic of the Premium Charge, as PremiumCharged suggests:
My personal take on the reactions is that I suspect Webb is genuine in this regard, and was probably over the £250,000 threshold when the Super Premium Charge was introduced. 

Peter started trading in 2000, so he had a four year head start on me, and I didn't reach the threshold until September 2012. Unfortunately, if memory serves, I was close to £200,000 at the time the limit was announced, and too far down the road to implement strategies that would reduce the impact on crossing the line. 

As Premium Charged rightly states, the:
Betfair Premium Charge is an unfair restriction by a monopoly exchange that penalises past success from over a decade ago
Worth mentioning perhaps that while £250,000 might sound a lot to someone new to Betfair, but over ten years or so, it's a rather more modest amount. If you are full-time, it's an extremely modest amount, and comes with none of the usual benefits of paid holiday, pension, National Insurance, career advancement etc., but instead comes with unsociable and often long hours, and a cut in pay when you've made a certain amount!

As someone who is not interested in tennis, I have no idea about the merits of Dan Weston's claims to pay the Premium Charge, but all the indications (body language and circumstantial) are that it's not a concern for Caan Berry. 

Fortunately for the likes of him (the Badger springs to mind) who make their money from the sales of worthless pamphlets and videos, the Betfair Premium Charges do not apply to those sales. 

The Bodger's claims to avoid the Premium Charge by defying the laws of probability and choosing where his losing bets happen, are simply neither credible nor logical. 

For the third and final time this post, I'll let the reader decide for himself why someone might make such claims.

Finally, another two winners for the EPL Draws today. Not sure what the 'official' Pinny prices will be, but Liverpool v Tottenham Hotspur was 4.0 on the exchanges, and for a Big 6 match with neither team odds-on, this was very good value as I'm sure Mr. Sumpter would agree.  

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