So as rumoured for a while, Ladbrokes have finally acquired the lemon, sorry, purple-coloured betting exchange, Betdaq. For a mind-boggling €30m as 'initial consideration'. That's an even more ridiculous price than Fernando Torres for £50m, or any English player Liverpool have purchased in recent seasons! As I've written previously there are no logical business reasons for this acquisition. from Nov 29, 2012 The Racing Post reported this week that Ladbrokes are nearing a decision to acquire Betdaq. This baffles me, it really does. Betdaq are a complete and utter lemon. Their only rival in the market has kicked so many own goals over the years with the premium charge, followed by an increase in the premium charge, cost of API and data use, customer service standards which have fallen faster than Facebook share value, site crashes and various other faults. So many pissed off Betfair customers, yet Betdaq are still tailed off with a lap to go. Around the world, Betfair
What was going on with the gamble on Azerbaijan just before the results started to come out?! Mad amount of money going on them!
ReplyDeleteHi Stephen,
ReplyDeleteIt was a big gamble, down to 3.7 or so in the proper winner market that I saw. I honestly didn't think that Norway's song was that great, and my wife thought Azerbaijan was probably the best of the rest - others might have just had similar opinions. Norway got out to 2.86 that I saw, bigger than they were before the semis. And plus, we only see our local versions - you never know how much certain acts are being talked up on telecasts in other countries.