Betfair to exit Australia

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mugsgame
Posts: 1235
Joined: Wed Mar 25, 2009 11:41 pm

Is it possible that the Great Aussie nation will draw upon their "British" DNA and grow some? Will they rise up against oppression and start an "Aussie Spring"?
Imagine - crowds gathering outside the MSG and the Gabba, building barricades and setting cars on fire. Throwing BBQ charcoal at the riot Police while holding a nice tinny of cold of Fosters in the other hand.
Trying to effect an change in their hardline Government. What No Exchange?

Use your right to voice your opininon, and kick the government out. Get one in who shapes your Country how YOU want it.
Just like we do in the UK.............. :oops:
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hhh
Posts: 46
Joined: Tue Nov 29, 2011 4:25 pm

Here is a newly released report by Gambling Research Australia on Interactive Gambling...

For those that enjoy detail:
http://www.gamblingresearch.org.au/home ... mbling+pdf
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Naffman
Posts: 5924
Joined: Sun Aug 11, 2013 5:46 am

Haven't heard any more news since, so I think Betfair Australia is safe for now :D
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gazuty
Posts: 2557
Joined: Sun Jun 26, 2011 11:03 am

Naffman wrote:Haven't heard any more news since, so I think Betfair Australia is safe for now :D
Don't speak too soon naffers. The "new" Australian racing site has two modes. Surprise surprise surprise, those modes are Bookmaker and Exchange.

Readers will be shocked, shocked (think Claude Rains as Captain Louis in Casablanca) to find that the default setting is bookmaker. Users need to actively change it over to the exchange. Having a look at the weekend if the favourite is 5.9 on the exchange, the bookmaker will give you 5. Well knock me down with a feather.

Let's see (5.9-1)*0.935 + 1 = 5.58 - post commission odds.

Won't be long naffers and the exchange option won't be there. Packer takes full control and our English friends are gone. Just when I got to making four figures a week on average on Australian racing. Doh.
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blueport
Posts: 229
Joined: Mon May 18, 2009 7:35 am

I see Betfair Oz introduced the cash out feature this week.

Should we see this as a positive for the longevity of the exchange?
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Euler
Posts: 26474
Joined: Wed Nov 10, 2010 1:39 pm

Thier results yesterday were ambiguous but when I posted that they didn't include Australia in their list of sustainable markets, they quickly came back and said it was. So I took that as a positive.
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Naffman
Posts: 5924
Joined: Sun Aug 11, 2013 5:46 am

Disappointing news Qld :roll:

http://www.racingandsports.com.au/en/ra ... ory-306750

Maybe they should sort their on-course bookmakers out first who I heard were operating a 145% book at the jump on Wednesday.

Let's just hope Betfair don't make Qld a turnover charge market because that would seriously be going in the wrong direction.
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gazuty
Posts: 2557
Joined: Sun Jun 26, 2011 11:03 am

Australian Financial review reports today a tie up between Packer/Crown (owner of Betfair in Australia) and Tripp (BetEasy) for Crown to access Tripp's experience in fixed odds betting. Making a 140% overround - how hard can it be. Hmmmmmm.
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Naffman
Posts: 5924
Joined: Sun Aug 11, 2013 5:46 am

Is Betdaq making a comeback? I've been able to get on Betdaq on the web as well as BetdaqBetAngel for a week now...
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steven1976
Posts: 1744
Joined: Tue Jan 19, 2010 6:28 am

Its back here in Thailand as well. I have only tried via the site at the moment as i have not got it installed on BA.
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Oasis06
Posts: 15
Joined: Mon Nov 17, 2014 4:36 pm

Im moving to NZ in January and hope to continue trading the UK markets from there, is this still going to be possible??
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rinconpaul
Posts: 112
Joined: Wed Dec 03, 2014 10:39 pm

Naffman wrote:Is Betdaq making a comeback? I've been able to get on Betdaq on the web as well as BetdaqBetAngel for a week now...

I tried to signup (Australian resident) and thought I was in until, "Registration from this country not permitted".

Wish they'd come back, they'd just have to incorporate the AUS licence fees, but with NO PC, it'd be a winner :)
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Naffman
Posts: 5924
Joined: Sun Aug 11, 2013 5:46 am

rinconpaul wrote:I tried to signup (Australian resident) and thought I was in until, "Registration from this country not permitted".

Wish they'd come back, they'd just have to incorporate the AUS licence fees, but with NO PC, it'd be a winner :)
The website won't let me sign in even with a ready account - but the BetAngel Betdaq lets me sign in even from Australia. I haven't tried to place a bet yet so lets hope that works!
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rinconpaul
Posts: 112
Joined: Wed Dec 03, 2014 10:39 pm

Let us know how you go? Wouldn't the issue still be in creating an account and depositing money?
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Naffman
Posts: 5924
Joined: Sun Aug 11, 2013 5:46 am

I can place a bet over here as I didn't realize I had 32 pence left in the account :lol:

I'm really confused by the whole thing though as there has been no mention that any overseas customer would be able to access Betdaq. Maybe an employee has forgot to switch something off for the past week...
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