Premium Charged retweeted
120. Premium Charges (1) - This is always a pretty emotive subject as it has had such a big impact on the Betfair ecosystem and despite being first introduced in 2008 it still has a huge and lasting impact today. Let's look at its history and why it was introduced.
Premium Charged retweeted
121. Premium Charges (2) - So the way Betfair tried to justify the second iteration of the Premium Charge was by telling all and sundry that they would use the money it generated to bring in new players. They were in essence saying they would replenish the pond with fish.
Premium Charged retweeted
122. Premium Charges (3) - Let's take a look at a real life example of Premium Charges and how it works in reality. Whilst being profitable on Betfair the introduction of the two iterations of the PC had zero impact on me. I didn’t start making decent profits until 2011/2012.
Premium Charged retweeted
Another long term @BetfairExchange Customer drawing stumps, PC and lack of investment in the exchange, killing the once great product.
“𝑇ℎ𝑒 𝑡𝑟𝑖𝑐𝑘 𝑦𝑜𝑢 𝑠𝑎𝑖𝑑, 𝑤𝑎𝑠 𝑛𝑒𝑣𝑒𝑟 𝑝𝑙𝑎𝑦 𝑡ℎ𝑒 𝑔𝑎𝑚𝑒 𝑡𝑜𝑜 𝑙𝑜𝑛𝑔”
– 𝐵𝑜𝑏 𝑆𝑒𝑔𝑒𝑟
After 12 years of doing this full time, it’s time to say goodbye.
markiverson.com/latest-news
Premium Charged retweeted
Replying to @markyiverson
Good Luck with what ever you chose to do in the future! Completely agree with you dream killing Premium Charge 40% was bad enough, let alone 50 & 60% but to not have not have changed it at all in the years since smacks of greed, short sightedness or both.
Premium Charged retweeted
Replying to @markyiverson
Agree with everything you’ve written Mark, PC and lack of investment in tech/streaming by Betfair is killing the once great product. Good luck with whatever you choose to do.
Premium Charged retweeted
“𝑇ℎ𝑒 𝑡𝑟𝑖𝑐𝑘 𝑦𝑜𝑢 𝑠𝑎𝑖𝑑, 𝑤𝑎𝑠 𝑛𝑒𝑣𝑒𝑟 𝑝𝑙𝑎𝑦 𝑡ℎ𝑒 𝑔𝑎𝑚𝑒 𝑡𝑜𝑜 𝑙𝑜𝑛𝑔”
– 𝐵𝑜𝑏 𝑆𝑒𝑔𝑒𝑟
After 12 years of doing this full time, it’s time to say goodbye.
markiverson.com/latest-news
Premium Charged retweeted
Nearly 3,000 thoroughbred horses slaughtered for meat in Ireland since 2020 (via @thejournal_ie) jrnl.ie/5764684 I struggle to understand any owner who cannot find £500 to have their no longer needed equine put to sleep at home.
Premium Charged retweeted
Hopefully the first of many positive changes being brought in to breathe much need life into @BetfairExchange #Premiumchargenextplease
Premium Charged retweeted
Replying to @gamblinglamb
The moment users were spoon-fed cashout rather than participating in the very essence of what Andrew Black conceptualised I.e a peer to peer trade is when it stopped being pure
Premium Charged retweeted
"Our platform leverages technology... to facilitate centralised, anonymised and independent cross-operator customer oversight of legitimacy, appropriateness and affordability to gamble."
We need a third party approach to gambling regulation
thetimes.co.uk/article/8b0c6…
Premium Charged retweeted
It's exactly ten years ago since this happened. Will be interested to see what today's turnover is.
Premium Charged retweeted
'The Barstewards' encourage every punter in the game to write to their MP regarding 'Single Customer View'. We have provided a template letter for you to copy and paste, you may amend, expand to your taste. It is our only chance to stop it, R/T's welcome
barstewards.co.uk/scv-letter…
Premium Charged retweeted
If you gamble for a living in the UK you should read this.
It's the path we are heading down. More checks and more red tape.
My speech today setting out the broad direction of travel for gambling reform - our priority must be to protect those whose lives are at risk of being devastated by gambling addiction, while enabling safe gambling to flourish gov.uk/government/speeches/g…
Premium Charged retweeted
🏇📺 Racecourse Media Group (RMG), the media and data rights holding company owned by 34 racecourse shareholders, and Flutter Entertainment, parent company of Paddy Power, Betfair and Sky Bet, have agreed a long-term strategic partnership through to 2028.
sportinglife.com/racing/news…
Premium Charged retweeted
I’ve been involved in this project for a few weeks now and what a refreshing change it’s been to be able to bet on horse racing on a fair and level playing field. This is available to anyone, not just a select few, anyone interested betting in running fairly, get in touch.
Premium Charged retweeted
Thank you for your patience. They have come back stating that there was a technical issue during the management of this photo finish. In order to protect both back and lay customers, the photo finish market was closed. - Timothy
Premium Charged retweeted
Replying to @racecoursemedia
@racecoursemedia, which manages the broadcast rights of 34 British racecourses, has managed to bring down the #latency of its livestreams to bookmakers to under a second behind real-time events.
Real-time delivery ensures integrity & drives revenue.
wired.co.uk/article/horse-ra…



















