[AusRace] Betfair

Wed Feb 13 16:13:50 WST 2008

Can we make it illegal for those smarter than us to invest in our markets?
If not in our betting markets, then in our car industry, peanut farms,
scones for the CWA?

   Don't they already do that?
   John Doepel wrote:

Lindsay,

Spoof traders - please explain what they do and why it is bad.
My guess is that any increase in liquidity is a great thing for all
Although if they are smarter than you or I, I guess that they will take our
potential profits.
Life is hard.
Can we make it illegal for those smarter than us to invest in our markets?
If not in our betting markets, then in our car industry, peanut farms,
scones for the CWA?

Cheers,

John

-----Original Message-----
From: [1]ausrace-bounces at it.net.au [[2]mailto:ausrace-bounces at it.net.au] On Beh
alf
Of RaceStats
Sent: Wednesday, 13 February 2008 3:57 PM
To: AusRace Mailing List
Subject: Re: [AusRace] Betfair

Yes, it's much less than 10% I think, but the money wagered is far less than

that. I would guess it's in the vicinity of 1% to 5% of turnover.
Although looking at markets on a Saturday, it is growing, even leaving out
those spoof traders who have infested our markets now.
It was only a matter of time.

Lindsay
----- Original Message -----
From: [3]<mcanulty at gil.com.au>
To: "AusRace Mailing List" [4]<ausrace at it.net.au>
Sent: Wednesday, February 13, 2008 5:46 PM
Subject: Re: [AusRace] Betfair

While I appreciate your reasoning, regularly upsetting 10% (would we be
that
much??? Doubt it when I think about it) of a customer base does not make
any
business sense IMHO.

"regularly" being the operative word here. Outage every 2 months for
Australia?

Laurie

"RaceStats" [5]<RaceStats at hotmail.com> wrote:

I dunno...

Betfair IS a worldwide company, but at least 80% if not more of their
turnover (commission) is on UK racing.
To schedule this for the weekend would be silly as that is their busiest
time for both UK and Australian racing.
It makes logistical sense to do it midweek and daytime (our time)
nightime
(UK time) and have it back up hours before the first in the UK.

While it's inconvenient, they inconvenince less than 10% of their punter
to
save 80 - 90% hassle.

Makes good business sense to me.

Lindsay
----- Original Message -----
From: "Garry Ohlson (Pers)" [6]<gro at email.com>
To: "'AusRace Mailing List'" [7]<ausrace at it.net.au>
Sent: Wednesday, February 13, 2008 5:03 PM
Subject: Re: [AusRace] Betfair

How smart is that?  I realise they are a worldwide company, however
most
organisations schedule this type of maintenance till Sunday/Monday
worldwide
when things are most quiet. Certainly not mid week (and when theyre
racing
at headquarters!!!- not happy Jan!!!)

G

-----Original Message-----
From: [8]ausrace-bounces at it.net.au [[9]mailto:ausrace-bounces at it.net.au] On
Behalf
Of [10]mcanulty at gil.com.au
Sent: Wednesday, 13 February 2008 4:57 PM
To: AusRace Mailing List
Subject: Re: [AusRace] Betfair

Till approx 9 (daylight saving) if memory serves me correctly the
useless
^^&^*&&**

Ah yes..

Please be aware that there is a planned upgrade scheduled for Wednesday
13th
February 2008 15:00 - 21:00 (AEDT) during which time the site will be
unavailable for up to six hours.

In the event that the upgrade finishes ahead of schedule we will return
service as soon as possible after 19:00 (AEDT) either on the hour or at
15,
30 or 45 minutes past. Updates during the outage will be available at
[11]http://www.betfair.com.au/info/

Laurie

"Garry Ohlson \(Pers\)" [12]<gro at email.com> wrote:

Does anyone know how long Betfair is down for maintenance today?

(In AU times..)

Garry

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References

   1. mailto:ausrace-bounces at it.net.au
   2. mailto:ausrace-bounces at it.net.au
   3. mailto:mcanulty at gil.com.au
   4. mailto:ausrace at it.net.au
   5. mailto:RaceStats at hotmail.com
   6. mailto:gro at email.com
   7. mailto:ausrace at it.net.au
   8. mailto:ausrace-bounces at it.net.au
   9. mailto:ausrace-bounces at it.net.au
  10. mailto:mcanulty at gil.com.au
  11. http://www.betfair.com.au/info/
  12. mailto:gro at email.com
  13. mailto:AusRace at it.net.au
  14. http://home.it.net.au/cgi-bin/mailman/listinfo/ausrace
  15. http://www.itel.net/
  16. mailto:AusRace at it.net.au
  17. http://home.it.net.au/cgi-bin/mailman/listinfo/ausrace
  18. mailto:AusRace at it.net.au
  19. http://home.it.net.au/cgi-bin/mailman/listinfo/ausrace
  20. mailto:AusRace at it.net.au
  21. http://home.it.net.au/cgi-bin/mailman/listinfo/ausrace
  22. http://www.itel.net/
  23. mailto:AusRace at it.net.au
  24. http://home.it.net.au/cgi-bin/mailman/listinfo/ausrace
  25. mailto:AusRace at it.net.au
  26. http://home.it.net.au/cgi-bin/mailman/listinfo/ausrace
  27. mailto:AusRace at it.net.au
  28. http://home.it.net.au/cgi-bin/mailman/listinfo/ausrace