https://youtu.be/oUsUzy54iBU
Any thoughts or comments are welcome!
Betfair Sports Director: An Interview
Watched it yesterday, thought his response to the PC question was the only one worth noting and I'm not surprised the trial of the allowance saw no change in betting behaviour.
I think most of us have increased (considerably too) our activity in the markets to compensate for PC so if they scrapped it (or made an allowance each week) then I personally probably wouldn't increase my betting either.
I think most of us have increased (considerably too) our activity in the markets to compensate for PC so if they scrapped it (or made an allowance each week) then I personally probably wouldn't increase my betting either.
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MemphisFlash
- Posts: 2337
- Joined: Fri May 16, 2014 10:12 pm
not gonna watch it. can't stand C**T Caan
I asked Richard for an interview a few years ago and he declined.
I thought it was a really soft interview. Nothing new or interesting in it. No hard questions, no numbers etc. But I doubt Caan has much to leverage there. He seems to be going for more the influencer side of things now for a living.
I thought it was a really soft interview. Nothing new or interesting in it. No hard questions, no numbers etc. But I doubt Caan has much to leverage there. He seems to be going for more the influencer side of things now for a living.
I thought Mr Berry's blog post from a few days ago where he reveals he lost £370 on one trade because emotion got the better of him was far more interesting.
He says he lost control of his trigger finger for a few minutes, for someone who markets himself as a professional trader and charges what seems like a lot of money for videos that's quite the admission. Especially as some of his videos are about psychology and emotion.
If I just spent a couple of hundred pounds on a video pack I'd be asking for a refund after reading that.
He says he lost control of his trigger finger for a few minutes, for someone who markets himself as a professional trader and charges what seems like a lot of money for videos that's quite the admission. Especially as some of his videos are about psychology and emotion.
If I just spent a couple of hundred pounds on a video pack I'd be asking for a refund after reading that.
Exactly, can't knock the effort he has put in to get the level of guests he has in such a short time.
It did feel like Richard had someone higher up watching over him, he spoke a lot but didn't say very much.Euler wrote: ↑Mon Aug 23, 2021 1:03 pmI asked Richard for an interview a few years ago and he declined.
I thought it was a really soft interview. Nothing new or interesting in it. No hard questions, no numbers etc. But I doubt Caan has much to leverage there. He seems to be going for more the influencer side of things now for a living.
It would've been funny if Richard had have said "but Caan you're not on the higher rate PC so I don't know why you're worried about it so much"
It really does earn them that much I reckon, if 500 people are on higher rate plus maybe another 1000 on 20%, they could easily average £500 per week per customer.
Obviously loose sums but PC payers altogether will generate at least 6 figures a week for them.
Naffman, they make sh*tload of money via their sportsbook, I can see why premium charges is (un)Holy Cow for customers but why it is for the company? What 's so principal about it that they hold their line till the end (seriously - steady liquidity decline, covid, those devastating affordability checks - they don't care!), who are they fighting with? I just cant understand this attitude.Naffman wrote: ↑Mon Aug 23, 2021 1:32 pmIt really does earn them that much I reckon, if 500 people are on higher rate plus maybe another 1000 on 20%, they could easily average £500 per week per customer.
Obviously loose sums but PC payers altogether will generate at least 6 figures a week for them.
You have to wonder though if liquidity doesn't increase when PC gets illiminated (as was pretty much shown in the trial) then does the Exchange even make money?napshnap wrote: ↑Mon Aug 23, 2021 1:59 pmNaffman, they make sh*tload of money via their sportsbook, I can see why premium charges is (un)Holy Cow for customers but why it is for the company? What 's so principal about it that they hold their line till the end (seriously - steady liquidity decline, covid, those devastating affordability checks - they don't care!), who are they fighting with? I just cant understand this attitude.Naffman wrote: ↑Mon Aug 23, 2021 1:32 pmIt really does earn them that much I reckon, if 500 people are on higher rate plus maybe another 1000 on 20%, they could easily average £500 per week per customer.
Obviously loose sums but PC payers altogether will generate at least 6 figures a week for them.
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Smog_Trader
- Posts: 14
- Joined: Sat Jan 05, 2019 10:51 pm
I thought it was an ok interview, I'd prefer it to have a few harder questions in, especially follow up questions.
For example, when the response to alternative methods instead of PC was to say that the traders/bettors didn't change their behavious so the profit that would've been due to BF went straight to the customers. I want to know what behaviour BF would have seen that would be beneficial to them to lose that revenue. When it comes down to it they are a business so they do need to see something of value for them if they're going to lose what is pure profit.
A lot of missed opportunities by Mr B there.
Time for a follow up request Peter, especially when Richard kept saying they don't often get the chance to speak to their customers in that type of forum.
For example, when the response to alternative methods instead of PC was to say that the traders/bettors didn't change their behavious so the profit that would've been due to BF went straight to the customers. I want to know what behaviour BF would have seen that would be beneficial to them to lose that revenue. When it comes down to it they are a business so they do need to see something of value for them if they're going to lose what is pure profit.
A lot of missed opportunities by Mr B there.
Time for a follow up request Peter, especially when Richard kept saying they don't often get the chance to speak to their customers in that type of forum.
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jamesedwards
- Posts: 4366
- Joined: Wed Nov 21, 2018 6:16 pm
The whole "PC trial didn't make any difference thing" I think is obvious; You're only measuring the impact of the trial on PC payers who are still trading.
Surely any decline in liquidity driven by PC will be liquidity lost from players who have shut up shop and gone home because it's no longer worth their while?
Surely any decline in liquidity driven by PC will be liquidity lost from players who have shut up shop and gone home because it's no longer worth their while?
