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Jilly your blast in here has reminded me
of the long overdue Jilly tapes and that
my very existence in measured
in days rather than months.
I have also promised Hoofski a rare pm.There are several different courses of approach of course
The no holes barred head high SparticusTonyBlarTroyMcClure
we’re coming to sort you out
and Arch Tory with his a simple business decision
and his suggestion to lump it or leave it.My approach is the rosebush
send a bunch and warn of the thorns.
I am looking really for the mind behind
and reasons rather than justification for what
has now taken the clever hidden shape of PC.Betfair set up their operation in Malta
partly for purposes of hedging.There is a hedge fund ensconced on the board
Pythia may also be a hedge
but he/she seems honest enough in intent
and gives us several further clues.
In a spirit of continued fairness
I will include the concluding post.Glenn a gift box set of knives
for those unlucky few
with 20.833% missing
is a very poor gift in my estimation.
Pythia 02 Oct 11:39 general Betting forum (Betfair)Some interesting points being made but I’m simply not equipped to answer all of them on behalf of Betfair, although happy to give you my own take on the generalities, for what it is worth.
The pricing team, I know, have looked at a range of alternative pricing mechanisms, including many of those raised on this and other forum threads. They believe they’ve come up with the right formula to benefit best both the business and our customers. Clearly, those being asked to pay the charge are most likely to take a different view although interestingly some of the bigger players seem to take a more pragmatic approach than guys never likely to be affected.
To the question on why I haven’t been on clarifying misunderstandings on the £1000 allowance, I’d simply say that is a fair enough criticism. I was actually on annual leave in September until the 23rd, realising that there is actually a life outside of this place. I wrongly assumed, by that time, that the confused messages some customers had been receiving were being clarified. Apologies for this not being the case.
I’d be surprised if the business felt it should be pushing customers to the arcade or casino over the sports exchange. From what I’ve seen, the site seems to be geared around highlighting sports betting during likely busy periods and promoting other products during the quieter periods. There look to be some exceptions to this, I accept, but on the whole I think the business would much sooner have a punter playing on the exchange than anything else. However, we have a lot of people who play the other stuff and never touch the exchange. They tend not to be customers who spend time on this forum so we don’t offer here their take on things.
And, as for working with the PR team, I’m not sure I’d be any good there and pretty certain that even if I fancied giving it a go they wouldn’t have me.
The Pythia posts have a Grimerwormtounge quality to them, in that if you listened to them for long enough and ignored any actual facts you could almost come around to believe them to be sincere and true.
In 60 weeks time when no-one is paying the new tax, the pricing team will be back with another plan. They are simply milking the cash cow.
Grimerwormtongue
a few more morsels
..Frog, not looking to dodge the arcade bullet. It wouldn’t be a product I’d want to play and think we were daft to launch it on the same day the new charge came into beiing but if people are heading online to play these sort of games I’d prefer them to play them here than somewhere with fewer safeguards.
and
..Pythia 02 Oct 14:38
Escapee, I agree with you that the charge is complicated and not easy to work out. This, imo, is something we should look at addressing and at the very least we need to get something up on the site that allows those likely to be affected to calculate what they’re likely to be asked to pay. I think some work is going on to look at this but it’ll take a few weeks, I suspect, before something really useful is on the site.Vim, I don’t think it is ‘courtside hooverers’ who are the ones taking the pragmatic approach and I’m not even sure that these guys are as active as some people on here seem to think. Before shooting me down, I’m no expert in this area, and it is just an observation.
I’m reluctant to answer specific queries about the charge because the seeming complexities of it means there are quite a few of them and the pricing team are the best people to respond, particularly as I have a job do and struggle as it is to find time to drop in here. By the way, I don’t work in the postroom, although the guys who do say hello.
I keep very much to myself
but yesterday evening
I forced myself out
obligated
to join eight other necks at a
chin wag fest, yes a dinner party.
Given the choice
I’d rather do community service
cutting privets for old womenThe whitebait wasn’t at all bad
but just as I picked up a lemon
they started on the crunch.
God forgive me but
Bush right in the middle
of my hors d’oevres
was more unpalatable
than forcing down squiddly diddly
and after three legs
I had suddenly heard enough
so I adjusted my fly under the table
then stood up and
launched myself at the trigger happy
monkeymen
with a fly ridden statement” I am ashamed of my sex “
I then sat down and absorbed the questions
before standing again.
” For starters
I would remove stiff shirts
and testosterone from all banks
all free pens and charts
and fill them with art;
g strings, g spots
bat wings, mascara
frocks with polka dots
and an altogether healthier bounce
Nigellas not Taras “I dont get many invites…
and the bird eating women around the table
looked at each other like
chop sticks about to start a fireother world news
The largest prosthetic limb factory
in the world – based in Reckyavick
has just gone bust and is giving away
arms and legs
to the poor
which is just about everyone.Those that fit badly
are offered the back doorFlutter’s minor colour was pink? Literal case of rose tinted spectacles. Orange surely, Inspector.
I keep very much to myself
but yesterday evening
I forced myself out
obligated
to join eight other necks at a
chin wag fest, yes a dinner party.
Given the choice
I’d rather do community service
cutting privets for old women
yes indeedy Heaven in the hedge
Hell is in hello
It is often said that the Pythia delivered oracles in a frenzied state induced by vapors rising from the ground, and that she spoke gibberish which priests reshaped into the enigmatic prophecies…Magnificent thread, all
Indeed Drone it has been fun , one thing that strikes me though , is that in 10 yrs time when this thread has been archived and embalmed in cyberspace , its possible that the scenery will have changed
Could it be that the premium charge is the tool that feeds the levy , by then 95 per cent of horse race betting will be conducted over the exchanges , some of which will be betting shop based
Perhaps we are seeing a glimpse of the future , which , Blue have stumbled upon , awarkdly and poorly explained , it may be the very thing which keeps racing on the road
in any event Barry Dennis is right , nothing is forever
Lets see how it pans out
cheers
Ricky
Nothing is forever
and prophetic words
to end a thread
erm possibly…..but my big mouth is back
in malevolent swollen formI have been in excrutiating pain
over the last few days
but refuse to visit a dentist.
as it’s not often that a dose
of ongoing deep pain can invade a body
so legitimately and, given the choice,
I choose to punish
and chasten my belligerant tongues
and hopefully lower testosterone
with several aching black mondays.I do feel a bit bitter today
****
Flutter was pink not orange
red indigo
as certain as a grinning McClure
was recently spotted deified in purple vestmentsThe story continues…
I spoke on the phone to Ian Davies
many many moons ago.He put a good case forward for fractional odds
and would give no quarter to my
persistent pleas for decimilisation. I found an inflexible lawyer,
stern and convincing but a very likeable genuine chap.
Davies has always gone his own way, fiercely independent,
not easily sharing his talents. Chatting changed all that
though – well the sharing bit -.
he opened up and his new relaxing style was even less likely
to let a business plan get
in the way of his mouth watering words and
hurricane hit bush man non-conformity.The man in black couldn’t be moved to Betfair
He was just too big.
( I expect a writ in the morning )
Where is he now ? I don’t know
He sadly lost his dream exchange
swallowed up by new harsh levies
or that is my understanding.
I wish Ian Davies well
for his stern efforts with righteousnessI talked on the phone to David Yu
many many moons ago.
He was then working at Flutter
oh in the early days when everyone was a team
and he helped me with
some technical issues and we spoke for about half an hour.
A very personable man, he could not have been more
helpful.
He made a very strong impression on me.
Our paths met again many moons later
in Hammersmith as I inspected the grey edged
shining stainless steel pumped up monolith
that was the three foot square engine
of what Flutter had been.Mr Yu is of course is the CEO of Betfair
most probably dressed down
in mind map territory of clear blue sky
aspiring mind clouds that is BetfairI sit in a vest staring up at what
one side of my brain
tells me is an empty glass jar
while the other side nags me
like an old kettle whistle
is
the captured soul of betfair.I choose not to speak of the premium charge today
but may return to its imperfections at a later date
I may not.
Yu’s name is pasted over silcon
mine is plastered over all the dailysMcClures washed up body
was eventually revived and
strangely started singing …This is never the way I planned
Not my intention
I got so brave laptop in hand
lost my discretionI kissed a PC and I like it
the taste of her twenty percent bits
blue lips fat hips biq slips
I kissed a PC just to try it
I hope my botfriend dont mind it
It felt so wrong
in play
I’m normally so tight
Dont mean I’m not up for fish tonight
I kissed a PC
then I hiked itIt’s the part I’m meant to play baby
* Looking below
I appreciate your concern over my health Ricky
– rude apart from the tooth
and I welcome the pain.I have had to edit my post in search of truth
and inform that I was not given Mr Yu’s private email address
Although I spoke to Mr Yu at Flutter it was the previous
technology man there who personalised himself and
appeared somewhat footloose. follow that : I think not , hope you are feeling better Gamble , its gone very quiet on the premium charge front , perhaps its a fait accompli nowIn any event we will see how things happen , perhaps we should revisit at Christmas time , by then a good few fish will have been snared , and maybe Betdaq will have made a serious attempt to challenge its Main Rival ,whose herculean efforts to shoot themselves have not gone silently unnoticed
Its possible they might have a U TURN and scrap it
For now its batten down the hatches , my bank manager is smiling again which worries me somewhat……
cheers
Ricky
For now its batten down the hatches , my bank manager is smiling again which worries me somewhat……
cheers
Ricky
Are you Alistair Darling?
Sorry, but what is the medical condition where you see pink for orange?
http://web.archive.org/web/20000706194633/http://www.flutter.com/
We are both right
I was referring to the betting buttons
in the actual markets
which were indeed large and square
and light pink and light blue
Pink I think was on the right.Can I have some corroboration !!!
It is all so nostalgic Endo..
as Drone might put it
soft light pink vapours
rising from the ancient groundFlutter even had a market that
they might not survive.
You could frame your own markets
and
someone with a ball put it up.p.s I edited my last post
Taken from the world wide web…
" It is interesting that Flutter offered users 10 pounds free to wager on Flutter, and while this offer attracted users, it did not result in the desired behavior. Smarter bettors preyed on the new bettors, resulting in a poor experience. "
Now where have I heard that before ?
It wasn’t greed that killed Flutter
they had an awful lot of venture capital
and what goes with that ?
erm ..increased price / earnings expectations ?I ranted at Flutter
and shouted down the phone
that they had killed the goose.
Few may remember their fisrst fence fall.
Unlike Befair they taxed not net but gross profits
Why ?
Venture capitalists want a return way over a flat 5 %
they were tied into their backers
or if it wasn’t their backers it was pure greed
or dare I state this, stupidity.
Commission on odds on bets
could be 12.5 % plus
That is why Betfair stole a march.
Angels and some limited bank finance
meant Betfair had more freedom
and with their million pounds
and a coffin full of hope
they extracted the right formula to succeed
and buried their thirty million pound rivalBenchmark capital who were with Flutter at the start
transferred over with the takeover.
They cpaitalised part of their investment
when Softbank moved in two years ago.
Softbank extracted some conditions out of Betfair
350 mill was not a big investment to them
everyone won
Its all a guessing game
and I know nothingLast week we needed 25 bills
Today we commit 37 bills
Robert Peston’s blog
‘erm did they say 17 bills total
He’s still around
what a neck
This thread is on its last legs
I am fascinated by winning strategies
and how successful companies employ them
Consider these three tactics
the first being a red herring
just to comply with house rulesWhen the Greeks had lain siege to Troy for ten years, without results, they pretended to retreat. They left behind a huge wooden horse, in which a number of Greek heroes, among whom Odysseus, had hidden themselves. The spy Sinon convinced the Trojans, despite the warnings of Laocoon, to move the horse inside the city as a war trophy. In the following night, the Greeks left the wooden horse and attacked the unsuspecting and celebrating Trojans, and finally conquered Troy.
Upon the onset of the battle, the Carthaginian centre withdrew before the advance of the numerically superior Romans. While Hannibal’s centre line yielded, the Romans had unknowingly driven themselves into a large arc — whereupon the Carthaginian infantry and cavalry (positioned on the flanks) encircled the main body of Roman infantry. Surrounded and attacked on all sides with no means of escape, the Roman army was subsequently cut to pieces. An estimated 60,000–70,000 Romans were killed or captured at Cannae. In terms of the number of lives lost in a single day, Cannae is estimated to be within the thirty costliest battles in all of recorded human history. Ernle Bradford, a biographer of Hannibal, claims that the 50,000 Romans killed represent the largest number of troops felled in battle in a single day.
The average neck measurement of the elephants – 34 inches
They all perished
The average neck meaurement of Hannibal’s troops – 4.25 inches
The average neck measuremnt of Romans – 4.75 inchesBungelosenstrasse is the stuff of legends. According to the tale of the Pied Piper, this is the main scene of events. He played his flute and lured the children along this street and out of the town, never to be seen again. Since then it has been forbidden to play any kind of music in the street and this is why it is called Bungelosenstrasse (“the street of no drums”).
The piper’s neck was thinner than his flute
but why did he lead the kids away
when he was the established merrymaker ?
yes indeedy 
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