Skip to main content

Betfair and Sportingbet take on NSW government

About time too. The ridiculous protectionist advertising laws in NSW are being taken to task in the Federal Court. Read the story here from the Virtual Formguide.

What's the betting on NSW getting embarrassed like the WA Govt just a few months ago??
Labels:

Comments

  1. Sandracer20 July 2008 at 10:12

    Sportingbet are a terrible company who deserve no day in court for anything anyone else does.

    Rather sadly, Betfair don't have many marketing scruples are going the same way when it comes to treating all punters fairly without waffling on about advantage players having the audacity to beat the house.

    ReplyDelete
  2. Scott20 July 2008 at 12:57

    The legislation is unconstitutional, and the govt have relied on Australian bookmakers being too small to contest it in a Federal Court. This case, as a sequel to the Betfair v WA case, has the potential to change the landscape of Australian wagering forever, and for the good of punters.

    ReplyDelete
  3. Sandracer20 July 2008 at 13:16

    I guess it takes firms with deep pockets to better things for the punter somewhat, admittedly in the pursuit of more profits for deep pockets.

    I just have a bit of a problem being grateful, when these big firms are allegedly (imo) ripping off the little guy.

    ReplyDelete

Post a Comment

Thanks for your comments, but if you're a spammer, you've just wasted your time - it won't get posted.

Popular posts from this blog

It's all gone Pete Tong at Betfair!

The Christmas Hurdle from Leopardstown, a good Grade 2 race during the holiday period. But now it will go into history as the race which brought Betfair down. Over £21m at odds of 29 available on Voler La Vedette in-running - that's a potential liability of over £500m. You might think that's a bit suspicious, something's fishy, especially with the horse starting at a Betfair SP of 2.96. Well, this wasn't a horse being stopped by a jockey either - the bloody horse won! Look at what was matched at 29. Split that in half and multiply by 28 for the actual liability for the layer(s). (Matched amounts always shown as double the backers' stake, never counts the layers' risk). There's no way a Betfair client would have £600m+ in their account. Maybe £20 or even £50m from the massive syndicates who regard(ed) Betfair as safer than any bank, but not £600m. So the error has to be something technical. However, rumour has it, a helpdesk reply (not gospel, natur
14 comments
Read more

lay the field - my favourite racing strategy

Dabbling with laying the field in-running at various prices today, not just one price, but several in the same race. Got several matched in the previous race at Brighton, then this race came along at Nottingham. Such a long straight at Nottingham makes punters often over-react and think the finish line is closer than it actually is. As you can see by the number of bets matched, there was plenty of volatility in this in-play market. It's rare you'll get a complete wipe-out with one horse getting matched at all levels, but it can happen, so don't give yourself too much risk...
32 comments
Read more

What shits me about match-fixing 'journalism'.

The anti-wagering media bandwagon has dozens of new members this week, all weighing in an industry they have absolutely no idea about. I'm all for getting the betting industry into the mainstream but it shits me no end when they roll out reports and celebrities who simply don't have a clue what they are talking about and don't bother to check basic facts which key arguments in their story. If this was the financial industry, making errors like this would have them in all sorts of trouble, but the same level of regulation doesn't apply because finance stock markets are supposedly all legitimate and serious, whereas sports betting is just a bit of fun for people who can never win in the long-term... according to the media. This week we have seen the sting by the Telegraph which, on the face of it, looks to be a tremendous piece of investigative work into fixing in English football. But the headlines around it are over-sensationalised yet again. Delroy Facey, a former pla
12 comments
Read more