Betfair Leadership Team forum - Mon 24th May

News, chat and debate about the Betfair betting exchange.
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Crazyskier
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Joined: Sat Feb 06, 2016 6:36 pm

Derek27 wrote:
Tue May 25, 2021 12:24 am
Crazyskier wrote:
Mon May 24, 2021 9:52 pm
Would anyone who attended care to summarise the salient points, please?

Anything ground-breaking or worthy of note from the 'interim' CEO or others from the BF SMT?

Thanks

CS
It's on the Betfair forum, see the link in the previous post.
I'm aware of that, thanks Derek. My question was asking for a summary of the salient points.

Cheers

CS
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Euler
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Location: Bet Angel HQ

It would take less than a minute to flick through the small number of q&a's on that thread, honestly it would. I guess that is why nobody gave any particular points.
Jukebox
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Joined: Thu Sep 06, 2012 8:07 pm

It didn't look like their Sportsbook customers had much of a presence.
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Derek27
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Location: UK

Crazyskier wrote:
Wed May 26, 2021 4:22 pm
Derek27 wrote:
Tue May 25, 2021 12:24 am
Crazyskier wrote:
Mon May 24, 2021 9:52 pm
Would anyone who attended care to summarise the salient points, please?

Anything ground-breaking or worthy of note from the 'interim' CEO or others from the BF SMT?

Thanks

CS
It's on the Betfair forum, see the link in the previous post.
I'm aware of that, thanks Derek. My question was asking for a summary of the salient points.

Cheers

CS
What exactly do you need to attend in order to summarise the salient points?
Seth
Posts: 30
Joined: Thu May 27, 2021 2:25 pm

jamesedwards wrote:
Tue May 25, 2021 9:57 pm
Intrigued to know how they have reached a conclusion that Premium Charge does not impact liquidity. Hopefully they didn't simply test a reduced rate on a trial tranche of customers and compare before and after volume? How have they quantified the volume from accounts that have long since packed up and left the building?

BF pc.PNG

Their view is the shortfall from any players who've left has been picked up by current players or new entrants. I think the majority of money in the PC team is now spent on expanding the avoidance team, rather than the odd trial here and there, to pick up those accounts that have dropped off :o

The problem they seem to have with the trials is that if they don't get immediate and visible results the bean counters just don't look long term. Whenever I did one they always seemed annoyed they were giving away more money than the trial brought in so I can't see any changes to the way it's charged other than the reduction in implied comms which they've wanted to bring in for a while.
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darchas
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Eh? What?!!

:lol:
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darchas
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Interesting. 'From memory' seems a bit weird, can't they just run a report to check???
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darchas
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Derek27 wrote:
Tue May 25, 2021 4:06 pm
Good question, poor answer.
Capture.GIF
500K markets a month is quite misleading as they don't all require active monitoring - it probably includes static antepost and political markets. And what exactly is the difference between working hard for 18 months to improve the situation and doing absolute fuck-all?
Yes this one is ridiculous. Big Ligue 1 match tonight - suspended for the first 9 minutes. Happens way too often.
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darchas
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darchas wrote:
Thu May 27, 2021 11:00 pm
Derek27 wrote:
Tue May 25, 2021 4:06 pm
Good question, poor answer.
Capture.GIF
500K markets a month is quite misleading as they don't all require active monitoring - it probably includes static antepost and political markets. And what exactly is the difference between working hard for 18 months to improve the situation and doing absolute fuck-all?
Yes this one is ridiculous. Big Ligue 1 match tonight - suspended for the first 9 minutes. Happens way too often.
Combine this with 'the bet delay is to protect you from those with faster pics', and it seems pretty conflicting.
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napshnap
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What is a "new product" they always mention? What is a "Beta of Exchange"/"Betfair Beta"?
Seth
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Joined: Thu May 27, 2021 2:25 pm

napshnap wrote:
Sat May 29, 2021 2:43 pm
What is a "new product" they always mention? What is a "Beta of Exchange"/"Betfair Beta"?
They've been updating the mobile site and that's currently in beta, maybe they're talking about that. They've been trying to make it easier for the mugs to bet on the go but currently concentrating on the sportsbook side rather than exchange. Just open a browser window on your mobile and log into http://www.betfair.com/betting
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napshnap
Posts: 1189
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Seth wrote:
Sun May 30, 2021 2:05 pm
napshnap wrote:
Sat May 29, 2021 2:43 pm
What is a "new product" they always mention? What is a "Beta of Exchange"/"Betfair Beta"?
They've been updating the mobile site and that's currently in beta, maybe they're talking about that. They've been trying to make it easier for the mugs to bet on the go but currently concentrating on the sportsbook side rather than exchange. Just open a browser window on your mobile and log into http://www.betfair.com/betting
Thank you.
verance
Posts: 83
Joined: Wed Nov 11, 2020 10:59 am

darchas wrote:
Thu May 27, 2021 10:55 pm
Image

Interesting. 'From memory' seems a bit weird, can't they just run a report to check???
25% seems very high??
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