Not many markets

[steven1976]

Ive just been trying Betdaq for the first time the past week and Ive found the amount of markets very disappointing presuming it is not me messing up opening the markets in BA. For football especially, there can be zero games listed on BD, but on Betfair there are 20 live games on going. Why is this? If Betdaq want to grow, surely they have to offer all these markets to be attractive? Ive done quite well on the horses but the football markets seem none existant on some of the smaller games

[Euler]

Betdaq have invested money in trying to attract interest but despite Betfair's often punitive charges people still won't make a committed move to Betdaq. So Betfair will probably raise charges again I reckon. Betdaq are in a catch 22, with new customer they can't invest so the markets don't grow, so new customer don't join them.

[LeTiss]

I can only assume that BD have decided to offer an alternative to BF on just horses, and major sporting markets. On everyday stuff, they are beyond hopeless

[steven1976]

in my opinion I dont see betfair raising charges again. I believe their rise to 60% was probably a clever calculated desicion that would not fully scare away the bigger players as it would keep them bordering around the equivalent of the top income tax bracket whilst knowing they had no where else to go. So are people just going to go.and get a job and pay taxes when they could work from home? Probably not.

If betfair took on the position of taking the risk and creating the money in the markets instead of the top traders then they would have to train and pay salary of say 60k+ a year to traders who may never even get it. At the moment they dont need to pay, their risk is minimum and they can take the money for their bottom line quickly from the pot. I personally feel betfair will be very happy with the current situation and another 10% could be to much that takes it beyond a tax that traders could earn else where so my personal opinion is they wont rock the boat.

I still think the only way either exchange can move forward is by taking it to the street and opening shops. I bet 95% of the pubkic dont even know what a lay bet is but put it infront of them on the street I think word would soon spread that you can go and lay Man u vs the mighty bolton with little downside.

On the positive side Ive seen some things in betdaq that help with footy that I was never sure about.

[LeTiss]

I'm unsure as to where BF are heading. They have clearly called a halt on their plans to dominate the world, and are indicating they want to concentrate on their core business. However, introducing further charges will just keep losing them business, and perhaps they are starting to realise how important it is to keep customers

There again, we are talking about BF, a company who don't believe in customer relations

[steven1976]

Going back to my original post, why do they have so few events compared to betfair? Do they have to pay a licence fee for each market tyhe open or something?

Its hard for traders and punters to move when so many football matches are missing compared to betfair. If they don't pay a fee then surely if there are plenty of games then the traders will come slowly.

[CaerMyrddin]

They don't have to pay a fee, but there are other costs managing a market.

[steven1976]

I can see a sinking ship in betdaq. There is so little real money in any markets they decide to have that its not worth trading in there.