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| Your Premium Charges At Work |
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| Oh Dear |
About Me
- Cassini
- I have had a life-long interest in sports and after studying Pure Mathematics with Statistics at secondary school, have been fascinated by odds and probability. The first system I came up with was a simple one - back the favourite and double up after a loss until a winner. Simple enough in theory, and I told my Dad about it. Not being a betting man himself, he ran it by some of his colleagues, and came home to tell me that it wouldn’t work because a long losing run would mean that the bank would be empty. Then there was always the possibility that the winner would be returned at odds-on, meaning that the total returns would not match the outlay. Not what a ten year old wants to hear! Only slightly daunted, I then went on a search for the Holy Grail, the secret to riches that I knew was out there somewhere. Finally in 2004 I stumbled across an article about Betting Exchanges and four years later I was able to make a steady profit.
Haha! Give them chance Cassini :)
ReplyDeleteThe outage was most inconvenient for me this afternoon and I missed a big priced winner that I planned to bet on... hopefully Betdaq can deliver on this manifesto.
Kinda makes you wonder just how many other players were also staring at that empty market too scared to enter without someone else pricing it up for them.
ReplyDeleteWith the score at 0-0 I guess the majority of people were biding their time in the hope Betfair would come back soon rather than have to go thru the hassle of depositing.
Always going to be a chicken and egg situation at Betdaq. Just have to hope Ladbrokes use their experience at finding mug players to point some towards the exchange without needing to resort to seeding markets etc. I guess time will tell but I can't see Ladbrokes letting it become some loss leader just yet. They'd be hard pushed to beat Desmond's apathy towards it.
I should probably keep quiet about this but either to make up for their outage or directly because of the system issues I appear to have several winners that weren't charged commission!
ReplyDeleteExpensive mistake for Betfair to not only go down at the start of the English football kick off's but to then not charge commission really adds to the costs!
turns out Betfair refunded comission on all UK games.
ReplyDeleteDue to the outage we experienced today on the Betfair Exchange, we have offered all customers who bet on today's UK football matches a refund on any commission paid throughout the day.
I can confirm this has now been done and accounts have been credited.
Once again I apologise for the inconvenience caused during this time.
doesn't help those that lost money due to the outage though!