Should an American firm have created betting exchanges?

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scottydog
Posts: 352
Joined: Wed Oct 07, 2015 11:07 am

Sat Nov 07, 2015 11:55 am

I just watched the this video of Peter's on you tube.

https://www.youtube.com/watch?v=JcHmCHSTgN0

You have to admire the passion and determination he has, and he is so right!

Who in there right mind would use a bookmaker? Nobody should be using them. Wether anyone is interested in this topic I thought I may mention something about me and what I have been doing for the last few years as its quite relevant.

I am currently in the process of a patent application. I have come up with a concept that could really rattle the bookmakers. In fact it would improve the exchanges massively and would take the current bookmakers betting concept away. So then we would have exhange users and then my new concept would be the new bookmakers.

I have been working on it for nearly 18 months and getting a patent for this doesnt look very likely at all just like betfair failed to get one too.

I work in horse racing industry for a living (currently part time now), I have been a fairly profitable better over the years and used my own systems, even created betfair bots without any trading knowledge.
Anyway, As I saw peters video I had a light bulb moment and thought there could be a few people here on this forum that might to even get involved in this project.

Cheers
Scott

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superfrank
Posts: 2226
Joined: Fri Aug 14, 2009 8:28 pm

Sat Nov 07, 2015 12:29 pm

I'm surprised you're not a fan of Bitcoin Euler... a p2p disruptive technology that takes on the banks, VISA, Mastercard, PayPal etc. who skim a chunky percentage off millions of transactions every day for doing pretty much nothing.

Having experience of futures exchanges and brokers in the US I'd be careful what you wish for; some of them make British bookies look like saints.

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Euler
Posts: 14979
Joined: Wed Nov 10, 2010 1:39 pm
Location: Bet Angel HQ
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Sat Nov 07, 2015 3:57 pm

My bitcoin learning curve has skyrocketed over the last few weeks. In an effort to be 'with it' I've gone on a steep learning curve.

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