Well guys, you should always consider yourself lucky. At least luckier than me.
So far I paid a large chunk of 6-figure commission to betfair, creating enormous liquidity in different markets and being a high-frequency trader, they need me like hell to keep the exchange alive.
Believe it or not ; never got an email nor a phone call from betfair leave alone any tickets, invitations or calendars
Only time I was contacted was when I sent the documents for KYC 7 years ago because they couldnt read my birthdate on my passport
But who gives a feck huh? Guess Peter is right, they want us to become losers in the sportsbook section . Then I imagine the juice would follow eventually
Betfair VIP / Hospitality
Betfair used to be good for looking after their clients whether they were winners or losers.I was lucky enough to watch the Grand National courtesy of betfair many years ago and it was great.
Though the betfair hospitality seemed to dry up for everyone around the time that the premium charges came in, nowadays if you want a day out courtesy of betfair you have to win it, or create enough commission to get entered in a draw or something.
Betdaq seem a lot more generous in the sense of looking after their regular clients. If you switch to there and put money through on a regular basis then they seem to be a lot more appreciative of it, even if you're winning.
Though the betfair hospitality seemed to dry up for everyone around the time that the premium charges came in, nowadays if you want a day out courtesy of betfair you have to win it, or create enough commission to get entered in a draw or something.
Betdaq seem a lot more generous in the sense of looking after their regular clients. If you switch to there and put money through on a regular basis then they seem to be a lot more appreciative of it, even if you're winning.
-
- Posts: 1744
- Joined: Tue Jan 19, 2010 6:28 am
I guess they became a real business.
Obviously as a company they have gone from strength to strength in terms of profits. It was probably poorly ran thinking they could charge 5% on winnings and be profitable.
Obviously as a company they have gone from strength to strength in terms of profits. It was probably poorly ran thinking they could charge 5% on winnings and be profitable.
Things changed when they floated on LSE in 2010steven1976 wrote:I guess they became a real business.
Obviously as a company they have gone from strength to strength in terms of profits. It was probably poorly ran thinking they could charge 5% on winnings and be profitable.
It was a disaster, as they started caring more about shareholders than they did customers
- Crazyskier
- Posts: 1166
- Joined: Sat Feb 06, 2016 6:36 pm
I've enjoyed several Ladbrokes VIP days out over the years. They used to send me a crate of wine at Christmas and I've taken my ex-wife to the cricket at Manchester for the corporate hospitality and also been to the same at the races at Uttoxeter.Archangel wrote:I always felt that if a bookie was offering you hospitality it meant you were a monumental loser
I took my son to watch Blues (his team) vs. Arsenal and had front row seats just to the side of the halfway line. Henri scored twice (predictably) and he was sad they lost, though it was a great day out.
Since I've moved most of my staking to Betfair in recent years they only send me the odd match offer etc, so I guess it was tied to me being a 'monumental loser' which was indeed accurate when considering my losses with Laddies over the years.
- firlandsfarm
- Posts: 2722
- Joined: Sat May 03, 2014 8:20 am
3virgul14 I've been banned from the Sportsbook! I think the view that they know traders are a captive audience is close to the truth, they have no real competition so where else can traders go but ordinary stakers are different, they can go to the most competitive who will take their bet if backing. When backing I have a preference for bookies because of BOG especially if I want overnight or early morning odds.
I don't think being quoted on the LSE has anything to do with it. When I was employed the best entertainers were the quoted companies, it wasn't about saving costs it was about getting/keeping business. The greater the competition the greater the freebies. Betfair has little competition so little motivation to give freebies.
I don't think being quoted on the LSE has anything to do with it. When I was employed the best entertainers were the quoted companies, it wasn't about saving costs it was about getting/keeping business. The greater the competition the greater the freebies. Betfair has little competition so little motivation to give freebies.
- wearthefoxhat
- Posts: 3220
- Joined: Sun Feb 18, 2018 9:55 am
- ShaunWhite
- Posts: 9731
- Joined: Sat Sep 03, 2016 3:42 am
You do not have the required permissions to view the files attached to this post.