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
+4.4pts profit for the day, very nice :)
ReplyDeleteWd, Scott. Turned out to be a cracking race as I thought it might.
ReplyDeleteSchumi didn't do himself any favours and he really needs to buck up his ideas before he ruins his image even further.
glad to see it became interesting somehow - a safety car, diving into the pits and then the penalty to Vettel, rather than any overtaking.
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