Betfair s Free Sport Betting Business Model - Historial de revisiones

MarcusG3899 en 09:22 17 oct 2020

2020-10-17T09:22:49Z

← Revisión anterior		Revisión de 09:22 17 oct 2020
Línea 1:		Línea 1:
-	I've been using Betfair for ~~decades~~ now ~~yet~~ it's only recently I've wondered ~~simply~~ how much can this company can even make? This question ~~is the thing that~~ has compelled me to ~~write~~ this ~~short~~ article. I will not receive copies of the accounts from companies house, the information will ~~probably~~ be all conjecture ~~depending~~ on what I've ~~acquired while~~ using the ~~web page over time~~.<br><br>What has allowed me to ponder this question ~~will be~~ the transparency ~~within~~ the Betfair site. If you consider traditional bookies ~~including~~ WilliamHill, Ladbrokes or Betfred, ~~whatever~~ you ~~do not know~~ on any particular sporting event 's what ~~may be~~ bet ~~as a whole~~ and ~~also~~ on what particular outcome these bets were placed.<br><br>Take ~~a consistent~~ Friday afternoon race meeting at say Ascot. It's the 2.30 and 5 horses are racing; the punters are logging ~~to one of many~~ traditional bookmakers websites and backing the various horses. The outcome is ~~say~~ the second favourite winning, ~~sboarena~~ we~~'ve got~~ no ~~clue~~ whether ~~people~~ were backing the outsider or favourite, ~~the amount~~ was bet, and what ~~are the~~ profit the bookmaker made.<br><br>Now ~~look at~~ the same race with Betfair. The total amount exchanged ~~for that~~ race ~~is offered~~ near the top of the page, ~~that~~ is typically about A�200,000 for a standard horse race. Now we understand that Betfair ~~require~~ a commission on all winnings, ~~as well as~~ every bet exchanged ~~you will find~~ there's winner, so they're taking their 5% ~~whatever~~ the result - about A�10,000 in this ~~case~~.<br><br>So now ~~to get~~ a quick little 'back of fag packet' maths. Approximately 40 races ~~per~~ day generating A�10,000 each is A�400,000 ~~each~~ day ~~seven~~ days a week, that's 2.8 million pounds ~~per~~ week. Throw ~~inside~~ bigger meetings understanding that rounds it up to ~~state~~ 3 million, 5% of which is A�150,000.<br><br>Now consider the Premiership football season. At least 12 games ~~a week~~ generating between A�200,000 ~~as well as~~ a million pounds in exchanged bets, ~~go ahead and take~~ average and ~~work out~~ the 5% commission ~~and~~ that's another A�350,000. On top of this ~~you have~~ the lower league and foreign games that has got to generate another A�100,000 in commission so we're up to Half a ~~thousand~~ pounds a week in revenue.<br><br>Bear ~~planned~~ that ~~one~~ could (~~the ones~~ do) bet on everything, golf, cricket, tennis, boxing, champions league football, International soccer, let alone gaming. I'm beginning to ~~come to in conclusion~~ that they must be attracting weekly revenue inside the millions, ~~and when~~ it's only A�3 million ~~weekly~~, that's over 150 million per year.<br><br>I admit to using no clue if my workings are drastically wrong here, and if Betfair actually has annual revenue of A�1million or A�1billion. Neither do I have a concept of what their legal fees, IT costs etc ~~add up~~ to. What I do see is ~~the fact~~ that unlike traditional bookmakers the results ~~associated with a~~ sporting event ~~does not~~ have ~~any effect on~~ their revenue.<br><br>To this end their main aim ~~will~~ be to just recruit as ~~numerous~~ customers as ~~possible~~, which poses the question; with the numerous online bookies around offering free introductory bets ~~all the way~~ to ~~plus overabundance~~ A�100, then exactly why do Betfair ~~just~~ offer A�30. That ~~could~~ be the topic of my next article.	+	I've been using Betfair for years now however it is only recently I've wondered how much can this company can even make? This question 's what has compelled me to create this article. I will not receive copies of the accounts from companies house, sbobet the information will be all conjecture based on what I've picked up by using the site in the past.<br><br>What has allowed me to ponder this question is the transparency in the Betfair site. If you consider traditional bookies such as WilliamHill, Ladbrokes or Betfred, what you have no idea of on any particular sporting event is exactly what has been bet altogether and on what particular outcome these bets were placed.<br><br>Take an everyday Friday afternoon race meeting at say Ascot. It's the 2.30 and 5 horses are racing; the punters are logging on among the traditional bookmakers websites and backing the various horses. The outcome is repeat the second favourite winning, we have no idea whether individuals were backing the outsider or favourite, just how much was bet, and what type of profit the bookmaker made.<br><br>Now take into account the same race with Betfair. The total amount exchanged with the race emerges near the top of the page, this really is typically about A�200,000 for a standard horse race. Now we understand that Betfair please take a commission on all winnings, and then for every bet exchanged there exists a winner, so they're taking their 5% no matter the result - about A�10,000 in this instance.<br><br>So now for a quick little 'back of fag packet' maths. Approximately 40 races every day generating A�10,000 each are A�400,000 a day 7 days a week, that's 2.8 million pounds a week. Throw in the bigger meetings understanding that rounds it to convey 3 million, 5% which is A�150,000.<br><br>Now consider the Premiership football season. At least 12 games weekly generating between A�200,000 and a million pounds in exchanged bets, consider the average and exercise the 5% commission knowning that's another A�350,000. On top of this there is the lower league and foreign games that has got to generate another A�100,000 in commission so we're up to Half a million pounds every week in revenue.<br><br>Bear at heart that you could (and people do) bet on everything, golf, cricket, tennis, boxing, champions league football, International soccer, let alone gaming. I'm beginning to arrived at concluding that they must be attracting weekly revenue inside the millions, of course, if it's only A�3 million per week, that's over 150 million per year.<br><br>I admit to using no clue if my workings are drastically wrong here, and when Betfair actually has annual revenue of A�1million or A�1billion. Neither do I have a concept of what their legal fees, IT costs etc figure to. What I do see is always that unlike traditional bookmakers the results of the sporting event doesn't have relating their revenue.<br><br>To this end their main aim must be to just recruit as many customers as you possibly can, which poses the question; with all the numerous online bookies around offering free introductory bets of up to as well as in way over A�100, then exactly why do Betfair offer only A�30. That may be the topic of my next article.

MalindaHudgens en 23:43 3 sep 2020

2020-09-03T23:43:45Z

← Revisión anterior		Revisión de 23:43 3 sep 2020
Línea 1:		Línea 1:
-	I've been using Betfair for ~~a long time~~ now yet it's only recently I've wondered ~~the amount does~~ this company ~~actually~~ make? This question is ~~what~~ has compelled me to write this ~~informative~~ article. I will not ~~be getting~~ copies ~~with their~~ accounts from companies house, ~~this content~~ will ~~likely~~ be all conjecture depending on what I've ~~picked up~~ while using the ~~site~~ over ~~the years~~.<br><br>What has allowed me to ponder this question ~~could~~ be the transparency ~~inside~~ the Betfair site. If you consider traditional bookies ~~like~~ WilliamHill, Ladbrokes or Betfred, whatever you ~~have no idea of~~ on any particular sporting event ~~is the thing that~~ may be bet ~~in total~~ and so on what particular outcome these bets were placed.<br><br>Take a consistent Friday afternoon race meeting at say Ascot. It's the 2.30 and 5 horses are racing; the punters are logging on one of ~~several~~ traditional bookmakers websites and backing the ~~different~~ horses. The outcome is ~~repeat~~ the second favourite winning, we ~~have not a~~ clue whether people were backing the outsider or favourite, ~~simply how much~~ was bet, and what are the profit the bookmaker made.<br><br>Now ~~think about~~ the same race with Betfair. The total amount exchanged for that race is ~~given~~ near the top of the page, ~~this really~~ is typically about A�200,000 ~~to get~~ a standard horse race. Now we ~~all know~~ that Betfair require a commission on all winnings, as well as ~~for~~ every bet exchanged there ~~exists a~~ winner, so they're taking their 5% ~~no matter~~ the result - about A�10,000 in this ~~instance~~.<br><br>So now ~~for the~~ quick ~~bit of~~ 'back of fag packet' maths. Approximately 40 races ~~each~~ day generating A�10,000 ~~are all~~ A�400,000 ~~every~~ day ~~one week every~~ week, that's 2.8 million pounds ~~every~~ week. Throw ~~in the~~ bigger meetings ~~which~~ rounds it ~~down~~ to state 3 million, 5% ~~that~~ is A�150,000.<br><br>Now ~~look at~~ the Premiership football season. At least 12 games ~~per~~ week generating between A�200,000 as well as a million pounds in exchanged bets, go ahead and take average and ~~exercise~~ the 5% commission and ~~sbobet~~ that's another A�350,000. On top of this ~~there is~~ the lower league and foreign games that ~~have~~ to generate another A�100,000 in commission so we're up to Half ~~one million~~ pounds ~~weekly~~ in revenue.<br><br>Bear ~~in your mind~~ that ~~you can~~ (~~and~~ the ones do) bet on everything, golf, cricket, tennis, boxing, champions league football, International soccer, ~~as well as~~ gaming. I'm ~~starting~~ to ~~arrived at the final outcome~~ that they must be ~~getting~~ weekly revenue inside the millions, and if it's only A�3 million ~~every week~~, that's over 150 million ~~12 months~~.<br><br>I admit to ~~presenting~~ no ~~idea~~ if my workings are drastically wrong here, and ~~when~~ Betfair actually has annual revenue of A�1million or A�1billion. Neither do I have a ~~solid idea~~ of what their ~~attorney's~~ fees, IT costs etc ~~amount~~ to. What I do see is ~~always~~ that unlike traditional bookmakers the ~~outcome of the~~ sporting event ~~has no bearing~~ on their revenue.<br><br>To this end their main aim will be to just recruit as ~~many~~ customers as ~~you possibly can~~, which poses the question; with ~~all~~ the numerous online bookies ~~on the market~~ offering free introductory bets ~~of up~~ to ~~as well as in excess of~~ A�100, then why do Betfair offer ~~only~~ A�30. That ~~will~~ be the topic of my next article.	+	I've been using Betfair for decades now yet it's only recently I've wondered simply how much can this company can even make? This question is the thing that has compelled me to write this short article. I will not receive copies of the accounts from companies house, the information will probably be all conjecture depending on what I've acquired while using the web page over time.<br><br>What has allowed me to ponder this question will be the transparency within the Betfair site. If you consider traditional bookies including WilliamHill, Ladbrokes or Betfred, whatever you do not know on any particular sporting event 's what may be bet as a whole and also on what particular outcome these bets were placed.<br><br>Take a consistent Friday afternoon race meeting at say Ascot. It's the 2.30 and 5 horses are racing; the punters are logging to one of many traditional bookmakers websites and backing the various horses. The outcome is say the second favourite winning, sboarena we've got no clue whether people were backing the outsider or favourite, the amount was bet, and what are the profit the bookmaker made.<br><br>Now look at the same race with Betfair. The total amount exchanged for that race is offered near the top of the page, that is typically about A�200,000 for a standard horse race. Now we understand that Betfair require a commission on all winnings, as well as every bet exchanged you will find there's winner, so they're taking their 5% whatever the result - about A�10,000 in this case.<br><br>So now to get a quick little 'back of fag packet' maths. Approximately 40 races per day generating A�10,000 each is A�400,000 each day seven days a week, that's 2.8 million pounds per week. Throw inside bigger meetings understanding that rounds it up to state 3 million, 5% of which is A�150,000.<br><br>Now consider the Premiership football season. At least 12 games a week generating between A�200,000 as well as a million pounds in exchanged bets, go ahead and take average and work out the 5% commission and that's another A�350,000. On top of this you have the lower league and foreign games that has got to generate another A�100,000 in commission so we're up to Half a thousand pounds a week in revenue.<br><br>Bear planned that one could (the ones do) bet on everything, golf, cricket, tennis, boxing, champions league football, International soccer, let alone gaming. I'm beginning to come to in conclusion that they must be attracting weekly revenue inside the millions, and when it's only A�3 million weekly, that's over 150 million per year.<br><br>I admit to using no clue if my workings are drastically wrong here, and if Betfair actually has annual revenue of A�1million or A�1billion. Neither do I have a concept of what their legal fees, IT costs etc add up to. What I do see is the fact that unlike traditional bookmakers the results associated with a sporting event does not have any effect on their revenue.<br><br>To this end their main aim will be to just recruit as numerous customers as possible, which poses the question; with the numerous online bookies around offering free introductory bets all the way to plus overabundance A�100, then exactly why do Betfair just offer A�30. That could be the topic of my next article.

HuldaLockie58 en 20:47 29 ago 2020

2020-08-29T20:47:09Z

← Revisión anterior		Revisión de 20:47 29 ago 2020
Línea 1:		Línea 1:
-	I've been using Betfair for a long time now yet it's only recently I've wondered ~~simply how much performs~~ this company make? This question 's what has compelled me to ~~create~~ this ~~information~~. I will not ~~get~~ copies ~~of the~~ accounts from companies house, this content will be all conjecture ~~based~~ on what I've picked up by using the site in the ~~past~~.<br><br>What has allowed me to ponder this question could be the transparency in the Betfair site. If you consider traditional bookies ~~such as~~ WilliamHill, Ladbrokes or Betfred, ~~that which~~ you ~~don't know~~ on any particular sporting event is ~~what continues to~~ be bet ~~altogether~~ and on what particular outcome these bets were placed.<br><br>Take a ~~normal~~ Friday afternoon race meeting at say Ascot. It's the 2.30 and 5 horses are racing; the punters are logging on ~~to among the~~ traditional bookmakers websites and backing the different horses. The outcome is repeat the second favourite winning, we~~'ve got no~~ clue whether ~~individuals~~ were backing the outsider or favourite, ~~the amount~~ was bet, and what ~~kind of~~ profit the bookmaker made.<br><br>Now ~~take into account~~ the same race with Betfair. The total amount exchanged ~~to the~~ race is ~~offered~~ near the top of the page, this ~~can be~~ typically about A�200,000 to get a standard horse race. Now we ~~realize~~ that Betfair ~~have~~ a commission on all winnings, ~~and then~~ for every bet exchanged there exists a winner, so they're taking their 5% ~~whatever~~ the result - about A�10,000 in this ~~case~~.<br><br>So now for ~~any~~ quick ~~little~~ bit of 'back of fag packet' maths. Approximately 40 races each day generating A�10,000 are all A�400,000 a day one week ~~per~~ week, that's 2.8 million pounds a week. Throw ~~within~~ the bigger meetings ~~understanding that~~ rounds it to ~~express~~ 3 million, 5% that is A�150,000.<br><br>Now ~~think about~~ the Premiership football season. At least 12 games ~~weekly~~ generating between A�200,000 as well as a million pounds in exchanged bets, take ~~the~~ average and ~~figure out~~ the 5% commission ~~knowning~~ that's another A�350,000. On top of this there's the lower league and foreign games that ~~has~~ to generate another A�100,000 in commission so we're up to Half one million pounds ~~per week~~ in revenue.<br><br>Bear in your mind that you ~~could~~ (and ~~individuals~~ do) bet on everything, golf, cricket, tennis, boxing, champions league football, International soccer, ~~not to mention~~ gaming. I'm starting to ~~come to concluding~~ that they must be ~~attracting~~ weekly revenue ~~within~~ the millions, if it's only A�3 million ~~per~~ week, that's over 150 million ~~a year~~.<br><br>I admit to ~~having~~ no ~~clue~~ if my workings are drastically wrong here, ~~of course, if~~ Betfair actually has annual revenue of A�1million or ~~sboarena~~ A�1billion. Neither do I have a ~~sense~~ of what their ~~legal~~ fees, IT costs etc amount to. What I do see is ~~the fact~~ that unlike traditional bookmakers the ~~results associated with a~~ sporting event ~~doesn't have effect~~ on their revenue.<br><br>To this end their main aim will be to just recruit as many customers as ~~possible~~, which poses the question; with the numerous online bookies ~~out there~~ offering free introductory bets as ~~high~~ as ~~and~~ in excess of A�100, then so why do Betfair ~~just~~ offer A�30. That will be the topic of my next article.	+	I've been using Betfair for a long time now yet it's only recently I've wondered the amount does this company actually make? This question is what has compelled me to write this informative article. I will not be getting copies with their accounts from companies house, this content will likely be all conjecture depending on what I've picked up while using the site over the years.<br><br>What has allowed me to ponder this question could be the transparency inside the Betfair site. If you consider traditional bookies like WilliamHill, Ladbrokes or Betfred, whatever you have no idea of on any particular sporting event is the thing that may be bet in total and so on what particular outcome these bets were placed.<br><br>Take a consistent Friday afternoon race meeting at say Ascot. It's the 2.30 and 5 horses are racing; the punters are logging on one of several traditional bookmakers websites and backing the different horses. The outcome is repeat the second favourite winning, we have not a clue whether people were backing the outsider or favourite, simply how much was bet, and what are the profit the bookmaker made.<br><br>Now think about the same race with Betfair. The total amount exchanged for that race is given near the top of the page, this really is typically about A�200,000 to get a standard horse race. Now we all know that Betfair require a commission on all winnings, as well as for every bet exchanged there exists a winner, so they're taking their 5% no matter the result - about A�10,000 in this instance.<br><br>So now for the quick bit of 'back of fag packet' maths. Approximately 40 races each day generating A�10,000 are all A�400,000 every day one week every week, that's 2.8 million pounds every week. Throw in the bigger meetings which rounds it down to state 3 million, 5% that is A�150,000.<br><br>Now look at the Premiership football season. At least 12 games per week generating between A�200,000 as well as a million pounds in exchanged bets, go ahead and take average and exercise the 5% commission and sbobet that's another A�350,000. On top of this there is the lower league and foreign games that have to generate another A�100,000 in commission so we're up to Half one million pounds weekly in revenue.<br><br>Bear in your mind that you can (and the ones do) bet on everything, golf, cricket, tennis, boxing, champions league football, International soccer, as well as gaming. I'm starting to arrived at the final outcome that they must be getting weekly revenue inside the millions, and if it's only A�3 million every week, that's over 150 million 12 months.<br><br>I admit to presenting no idea if my workings are drastically wrong here, and when Betfair actually has annual revenue of A�1million or A�1billion. Neither do I have a solid idea of what their attorney's fees, IT costs etc amount to. What I do see is always that unlike traditional bookmakers the outcome of the sporting event has no bearing on their revenue.<br><br>To this end their main aim will be to just recruit as many customers as you possibly can, which poses the question; with all the numerous online bookies on the market offering free introductory bets of up to as well as in excess of A�100, then why do Betfair offer only A�30. That will be the topic of my next article.

LonnieHardaway9 en 07:14 19 ago 2020

2020-08-19T07:14:50Z

← Revisión anterior		Revisión de 07:14 19 ago 2020
Línea 1:		Línea 1:
-	I've been using Betfair for a long time now yet it's only recently I've wondered simply how much performs this company ~~can certainly~~ make? This question is what has compelled me to ~~publish~~ this ~~informative article~~. I will not ~~receive~~ copies of the accounts from companies house, ~~the~~ content will be all conjecture ~~depending~~ on what I've picked up ~~from~~ using the ~~web page over~~ the ~~years~~.<br><br>What has allowed me to ponder this question could be the transparency in the Betfair site. If you consider traditional bookies ~~including~~ WilliamHill, Ladbrokes or Betfred, ~~what~~ you ~~have no idea of~~ on any particular sporting event is ~~exactly~~ what ~~has become~~ bet ~~as a whole~~ and on what particular outcome these bets were placed.<br><br>Take a ~~consistent~~ Friday afternoon race meeting at say Ascot. It's the 2.30 and 5 horses are racing; the punters are logging on to ~~one of many~~ traditional bookmakers websites and backing the ~~various~~ horses. The outcome is ~~say~~ the second favourite winning, we ~~have~~ no clue whether individuals were backing the outsider or favourite, ~~simply how much~~ was bet, and what kind of ~~conserve~~ the bookmaker made.<br><br>Now ~~consider~~ the same race with Betfair. The total amount exchanged to the race is ~~given on~~ top of the page, this is typically about A�200,000 ~~for any~~ standard horse race. Now we ~~all know~~ that Betfair ~~please take~~ a commission on all winnings, and then for every bet exchanged ~~you will find~~ there's winner, so they're taking their 5% ~~no matter what~~ result - about A�10,000 in ~~cases like~~ this.<br><br>So now ~~to get a~~ quick ~~amount~~ of 'back of fag packet' maths. Approximately 40 races ~~every~~ day generating A�10,000 ~~each~~ are A�400,000 ~~each~~ day 1 week ~~every~~ week, that's 2.8 million pounds a week. Throw in the bigger meetings ~~which~~ rounds up to express 3 million, 5% ~~of which~~ is A�150,000.<br><br>Now ~~take into account~~ the Premiership football season. At least 12 games ~~per week~~ generating between A�200,000 ~~plus~~ a million pounds in exchanged bets, ~~make~~ average and ~~work~~ out the 5% commission ~~understanding~~ that's another A�350,000. On top of this there is the lower league and foreign games that ~~have~~ to generate another A�100,000 in commission so we're up to Half one million pounds per week in revenue.<br><br>Bear ~~planned~~ that you ~~can~~ (and ~~the ones~~ do) bet on everything, golf, cricket, tennis, boxing, champions league football, International soccer, not to mention gaming. I'm ~~beginning~~ to ~~visit in conclusion~~ that they must be attracting weekly revenue within the millions, ~~and~~ if it's only A�3 million a week, that's over 150 million ~~12 months~~.<br><br>I admit to ~~getting~~ no ~~idea~~ if my workings are drastically wrong here, ~~and~~ if Betfair actually has annual revenue of A�1million or A�1billion. Neither do I have a ~~solid idea~~ of what their legal fees, IT costs etc ~~add up~~ to. What I do see is unlike traditional bookmakers the results ~~from~~ a sporting event ~~does not~~ have ~~any relating~~ their revenue.<br><br>To this end their main aim will be to just recruit as many customers as ~~you can~~, which poses the question; ~~while using~~ numerous online bookies ~~available~~ offering free introductory bets ~~all the way to along with way over~~ A�100, ~~sbobet~~ then ~~how come~~ Betfair ~~only~~ offer A�30. That ~~could~~ be the topic of my next article.	+	I've been using Betfair for a long time now yet it's only recently I've wondered simply how much performs this company make? This question 's what has compelled me to create this information. I will not get copies of the accounts from companies house, this content will be all conjecture based on what I've picked up by using the site in the past.<br><br>What has allowed me to ponder this question could be the transparency in the Betfair site. If you consider traditional bookies such as WilliamHill, Ladbrokes or Betfred, that which you don't know on any particular sporting event is what continues to be bet altogether and on what particular outcome these bets were placed.<br><br>Take a normal Friday afternoon race meeting at say Ascot. It's the 2.30 and 5 horses are racing; the punters are logging on to among the traditional bookmakers websites and backing the different horses. The outcome is repeat the second favourite winning, we've got no clue whether individuals were backing the outsider or favourite, the amount was bet, and what kind of profit the bookmaker made.<br><br>Now take into account the same race with Betfair. The total amount exchanged to the race is offered near the top of the page, this can be typically about A�200,000 to get a standard horse race. Now we realize that Betfair have a commission on all winnings, and then for every bet exchanged there exists a winner, so they're taking their 5% whatever the result - about A�10,000 in this case.<br><br>So now for any quick little bit of 'back of fag packet' maths. Approximately 40 races each day generating A�10,000 are all A�400,000 a day one week per week, that's 2.8 million pounds a week. Throw within the bigger meetings understanding that rounds it to express 3 million, 5% that is A�150,000.<br><br>Now think about the Premiership football season. At least 12 games weekly generating between A�200,000 as well as a million pounds in exchanged bets, take the average and figure out the 5% commission knowning that's another A�350,000. On top of this there's the lower league and foreign games that has to generate another A�100,000 in commission so we're up to Half one million pounds per week in revenue.<br><br>Bear in your mind that you could (and individuals do) bet on everything, golf, cricket, tennis, boxing, champions league football, International soccer, not to mention gaming. I'm starting to come to concluding that they must be attracting weekly revenue within the millions, if it's only A�3 million per week, that's over 150 million a year.<br><br>I admit to having no clue if my workings are drastically wrong here, of course, if Betfair actually has annual revenue of A�1million or sboarena A�1billion. Neither do I have a sense of what their legal fees, IT costs etc amount to. What I do see is the fact that unlike traditional bookmakers the results associated with a sporting event doesn't have effect on their revenue.<br><br>To this end their main aim will be to just recruit as many customers as possible, which poses the question; with the numerous online bookies out there offering free introductory bets as high as and in excess of A�100, then so why do Betfair just offer A�30. That will be the topic of my next article.

JaimeU10454897 en 20:32 18 ago 2020

2020-08-18T20:32:45Z

← Revisión anterior		Revisión de 20:32 18 ago 2020
Línea 1:		Línea 1:
-	I've been using Betfair for a long time now ~~but~~ it is only recently I've wondered simply how much performs this company can certainly make? This question is what has compelled me to ~~write down~~ this ~~short~~ article. I will not ~~get~~ copies of the accounts from companies house, ~~this~~ content will ~~probably~~ be all conjecture ~~determined by~~ what I've ~~grabbed by~~ using ~~your website~~ over the years.<br><br>What has allowed me to ponder this question ~~will~~ be the transparency ~~inside~~ the Betfair site. If you consider traditional bookies including WilliamHill, Ladbrokes or Betfred, what you have no idea on any particular sporting event is what has ~~been~~ bet ~~in total~~ and ~~also~~ on what particular outcome these bets were placed.<br><br>Take a ~~regular~~ Friday afternoon race meeting at say Ascot. It's the 2.30 and 5 horses are racing; the punters are logging ~~onto among the~~ traditional bookmakers websites and backing the ~~many~~ horses. The outcome is ~~repeat~~ the second favourite winning, we~~'ve got not a~~ clue whether individuals were backing the outsider or favourite, simply how much was bet, and what ~~type~~ of ~~profit~~ the bookmaker made.<br><br>Now ~~look at~~ the same race with Betfair. The total amount exchanged to the race is given ~~at the~~ top of the page, this is typically about A�200,000 ~~to get a~~ standard horse race. Now we ~~understand~~ that Betfair please take a commission on all winnings, and for every bet exchanged there ~~exists a~~ winner, so they're taking their 5% no matter ~~the~~ result - about A�10,000 in cases like this.<br><br>So now to get a quick ~~little bit~~ of 'back of fag packet' maths. Approximately 40 races ~~per~~ day generating A�10,000 are ~~all~~ A�400,000 a day ~~7 days a~~ week, that's 2.8 million pounds ~~weekly~~. Throw ~~within~~ the bigger meetings ~~understanding that~~ rounds ~~it down~~ to express 3 million, 5% ~~ones~~ is A�150,000.<br><br>Now ~~consider~~ the Premiership football season. At least 12 games ~~every~~ week generating between A�200,000 plus a million pounds in exchanged bets, ~~consider the~~ average and ~~sboarena figure~~ out the 5% commission ~~knowning~~ that's another A�350,000. On top of this there is the lower league and foreign games that have to generate another A�100,000 in commission so we're up to Half a million pounds per week in revenue.<br><br>Bear ~~at heart~~ that you ~~could~~ (and ~~individuals~~ do) bet on everything, golf, cricket, tennis, boxing, champions league football, International soccer, ~~let alone~~ gaming. I'm ~~starting~~ to visit ~~concluding~~ that they must be ~~pulling in~~ weekly revenue ~~inside~~ millions, ~~of course,~~ if it's only A�3 million ~~every~~ week, that's over 150 million ~~annually~~.<br><br>I admit to getting no ~~clue~~ if my workings are drastically wrong here, and if Betfair actually has annual revenue of A�1million or A�1billion. Neither do I have a ~~perception~~ of what their ~~attorney's~~ fees, IT costs etc ~~figure~~ to. What I do see is ~~that~~ unlike traditional bookmakers the ~~result associated with~~ a sporting event does not have any ~~touching on~~ their revenue.<br><br>To this end their main aim will be to just recruit as many customers as you ~~possibly~~ can, which poses the question; ~~with all the~~ numerous online bookies available offering free introductory bets up to along with way over A�100, then how come Betfair only offer A�30. That could be the topic of my next article.	+	I've been using Betfair for a long time now yet it's only recently I've wondered simply how much performs this company can certainly make? This question is what has compelled me to publish this informative article. I will not receive copies of the accounts from companies house, the content will be all conjecture depending on what I've picked up from using the web page over the years.<br><br>What has allowed me to ponder this question could be the transparency in the Betfair site. If you consider traditional bookies including WilliamHill, Ladbrokes or Betfred, what you have no idea of on any particular sporting event is exactly what has become bet as a whole and on what particular outcome these bets were placed.<br><br>Take a consistent Friday afternoon race meeting at say Ascot. It's the 2.30 and 5 horses are racing; the punters are logging on to one of many traditional bookmakers websites and backing the various horses. The outcome is say the second favourite winning, we have no clue whether individuals were backing the outsider or favourite, simply how much was bet, and what kind of conserve the bookmaker made.<br><br>Now consider the same race with Betfair. The total amount exchanged to the race is given on top of the page, this is typically about A�200,000 for any standard horse race. Now we all know that Betfair please take a commission on all winnings, and then for every bet exchanged you will find there's winner, so they're taking their 5% no matter what result - about A�10,000 in cases like this.<br><br>So now to get a quick amount of 'back of fag packet' maths. Approximately 40 races every day generating A�10,000 each are A�400,000 each day 1 week every week, that's 2.8 million pounds a week. Throw in the bigger meetings which rounds up to express 3 million, 5% of which is A�150,000.<br><br>Now take into account the Premiership football season. At least 12 games per week generating between A�200,000 plus a million pounds in exchanged bets, make average and work out the 5% commission understanding that's another A�350,000. On top of this there is the lower league and foreign games that have to generate another A�100,000 in commission so we're up to Half one million pounds per week in revenue.<br><br>Bear planned that you can (and the ones do) bet on everything, golf, cricket, tennis, boxing, champions league football, International soccer, not to mention gaming. I'm beginning to visit in conclusion that they must be attracting weekly revenue within the millions, and if it's only A�3 million a week, that's over 150 million 12 months.<br><br>I admit to getting no idea if my workings are drastically wrong here, and if Betfair actually has annual revenue of A�1million or A�1billion. Neither do I have a solid idea of what their legal fees, IT costs etc add up to. What I do see is unlike traditional bookmakers the results from a sporting event does not have any relating their revenue.<br><br>To this end their main aim will be to just recruit as many customers as you can, which poses the question; while using numerous online bookies available offering free introductory bets all the way to along with way over A�100, sbobet then how come Betfair only offer A�30. That could be the topic of my next article.

LTMElba4993 en 18:00 18 ago 2020

2020-08-18T18:00:29Z

← Revisión anterior		Revisión de 18:00 18 ago 2020
Línea 1:		Línea 1:
-	I've been using Betfair for ~~many years~~ now ~~however~~ it is only recently I've wondered ~~just~~ how much performs this company ~~actually~~ make? This question 's what has compelled me to write this short article. I will not get copies of ~~their~~ accounts from companies house, ~~the~~ content will ~~likely~~ be all conjecture ~~according to~~ what I've ~~picked up while~~ using the ~~site over time~~.<br><br>What has allowed me to ponder this question is the transparency in the Betfair site. If you consider traditional bookies ~~like~~ WilliamHill, Ladbrokes or Betfred, ~~everything~~ you ~~don't know~~ on any particular sporting event is ~~exactly~~ what has ~~become~~ bet ~~as a whole~~ and also on what particular outcome these bets were placed.<br><br>Take a regular Friday afternoon race meeting at say Ascot. It's the 2.30 and 5 horses are racing; the punters are logging ~~on one of many~~ traditional bookmakers websites and backing ~~various~~ horses. The outcome is repeat the second favourite winning, we've got no clue whether ~~people~~ were backing the outsider or ~~sboarena~~ favourite, ~~the amount~~ was bet, and what ~~sort~~ of profit the bookmaker made.<br><br>Now look at the same race with Betfair. The total amount exchanged to the race ~~emerges near~~ the top of the page, this ~~really~~ is typically about A�200,000 ~~for the~~ standard horse race. Now we understand that Betfair take a commission on all winnings, ~~as well as~~ for every bet exchanged there is a winner, so they're taking their 5% no matter the result - about A�10,000 in this ~~instance~~.<br><br>So now ~~for~~ a quick bit of 'back of fag packet' maths. Approximately 40 races ~~every~~ day generating A�10,000 ~~each~~ are A�400,000 ~~every~~ day ~~1 week~~ a week, that's 2.8 million pounds weekly. Throw ~~inside~~ the bigger meetings ~~which~~ rounds it down to ~~convey~~ 3 million, 5% ~~of which~~ is A�150,000.<br><br>Now ~~look at~~ the Premiership football season. At least 12 games ~~per~~ week generating between A�200,000 ~~along with~~ a million pounds in exchanged bets, consider the average and ~~exercise~~ the 5% commission ~~understanding~~ that's another A�350,000. On top of this there's the lower league and foreign games that have to generate another A�100,000 in commission so we're up to Half ~~one~~ million pounds ~~weekly~~ in revenue.<br><br>Bear ~~planned~~ that ~~one~~ could (~~the ones~~ do) bet on everything, golf, cricket, tennis, boxing, champions league football, International soccer, ~~as well as~~ gaming. I'm ~~needs~~ to ~~arrive at in conclusion~~ that they must be ~~attracting~~ weekly revenue ~~in the~~ millions, ~~and~~ if it's only A�3 million ~~per~~ week, that's over 150 million annually.<br><br>I admit to ~~using not a~~ clue if my workings are drastically wrong here, and if Betfair actually has annual revenue of A�1million or A�1billion. Neither do I have a ~~concept~~ of what their attorney's fees, IT costs etc figure to. What I do see is unlike traditional bookmakers the ~~results from~~ a sporting event ~~has no bearing~~ on their revenue.<br><br>To this end their main aim ~~must~~ be to just recruit as many customers as you can, which poses the question; with the numerous online bookies ~~out there~~ offering free introductory bets ~~all the way~~ to along with ~~more than~~ A�100, then how come Betfair only offer A�30. That is the topic of my next article.	+	I've been using Betfair for a long time now but it is only recently I've wondered simply how much performs this company can certainly make? This question is what has compelled me to write down this short article. I will not get copies of the accounts from companies house, this content will probably be all conjecture determined by what I've grabbed by using your website over the years.<br><br>What has allowed me to ponder this question will be the transparency inside the Betfair site. If you consider traditional bookies including WilliamHill, Ladbrokes or Betfred, what you have no idea on any particular sporting event is what has been bet in total and also on what particular outcome these bets were placed.<br><br>Take a regular Friday afternoon race meeting at say Ascot. It's the 2.30 and 5 horses are racing; the punters are logging onto among the traditional bookmakers websites and backing the many horses. The outcome is repeat the second favourite winning, we've got not a clue whether individuals were backing the outsider or favourite, simply how much was bet, and what type of profit the bookmaker made.<br><br>Now look at the same race with Betfair. The total amount exchanged to the race is given at the top of the page, this is typically about A�200,000 to get a standard horse race. Now we understand that Betfair please take a commission on all winnings, and for every bet exchanged there exists a winner, so they're taking their 5% no matter the result - about A�10,000 in cases like this.<br><br>So now to get a quick little bit of 'back of fag packet' maths. Approximately 40 races per day generating A�10,000 are all A�400,000 a day 7 days a week, that's 2.8 million pounds weekly. Throw within the bigger meetings understanding that rounds it down to express 3 million, 5% ones is A�150,000.<br><br>Now consider the Premiership football season. At least 12 games every week generating between A�200,000 plus a million pounds in exchanged bets, consider the average and sboarena figure out the 5% commission knowning that's another A�350,000. On top of this there is the lower league and foreign games that have to generate another A�100,000 in commission so we're up to Half a million pounds per week in revenue.<br><br>Bear at heart that you could (and individuals do) bet on everything, golf, cricket, tennis, boxing, champions league football, International soccer, let alone gaming. I'm starting to visit concluding that they must be pulling in weekly revenue inside millions, of course, if it's only A�3 million every week, that's over 150 million annually.<br><br>I admit to getting no clue if my workings are drastically wrong here, and if Betfair actually has annual revenue of A�1million or A�1billion. Neither do I have a perception of what their attorney's fees, IT costs etc figure to. What I do see is that unlike traditional bookmakers the result associated with a sporting event does not have any touching on their revenue.<br><br>To this end their main aim will be to just recruit as many customers as you possibly can, which poses the question; with all the numerous online bookies available offering free introductory bets up to along with way over A�100, then how come Betfair only offer A�30. That could be the topic of my next article.

LonnieHardaway9 en 09:54 18 ago 2020

2020-08-18T09:54:28Z

← Revisión anterior		Revisión de 09:54 18 ago 2020
Línea 1:		Línea 1:
-	I've been using Betfair for ~~decades~~ now ~~but~~ it's only recently I've wondered how much ~~can~~ this company actually make? This question ~~is exactly~~ what has compelled me to ~~create~~ this ~~information~~. I will not ~~be getting~~ copies ~~with~~ their accounts from companies house, ~~this~~ content ~~is going to~~ be all conjecture ~~determined by~~ what I've picked up while using the ~~web page through the years~~.<br><br>What has allowed me to ponder this question ~~may be~~ the transparency ~~within~~ the Betfair site. If you consider traditional bookies ~~for example~~ WilliamHill, Ladbrokes or Betfred, everything you ~~have no idea~~ on any particular sporting event is ~~the thing that continues to be~~ bet in whole and also on what particular outcome these bets were placed.<br><br>Take a regular Friday afternoon race meeting at say Ascot. It's the 2.30 and 5 horses are racing; the punters are logging on one of ~~the~~ traditional bookmakers websites and backing ~~the many~~ horses. The outcome is repeat the second favourite winning, we ~~have not a~~ clue whether ~~everyone was~~ backing the outsider or favourite, ~~simply how much~~ was bet, and what ~~kind~~ of profit the bookmaker made.<br><br>Now look at the same race with Betfair. The total amount exchanged ~~for that~~ race ~~is given~~ near the top of the page, this is typically about A�200,000 ~~to get a~~ standard horse race. Now we ~~know~~ that Betfair ~~require~~ a commission on all winnings, as well as every bet exchanged there ~~exists~~ a winner, so they're taking their 5% ~~regardless of~~ the result - about A�10,000 in this ~~case~~.<br><br>So now for a quick ~~little~~ 'back of fag packet' maths. Approximately 40 races a day generating A�10,000 each is A�400,000 every day 1 week ~~weekly~~, that's 2.8 million pounds weekly. Throw in the bigger meetings which rounds up to ~~say~~ 3 million, 5% which is A�150,000.<br><br>Now look at the Premiership football season. At least 12 games ~~every~~ week generating between A�200,000 along with a million pounds in exchanged bets, ~~go ahead and take~~ average and ~~figure out~~ the 5% commission ~~knowning~~ that's another A�350,000. On top of this there's the lower league and foreign games that ~~must~~ generate another A�100,000 in commission so we're up to Half ~~a thousand~~ pounds ~~a week~~ in revenue.<br><br>Bear planned that ~~you~~ could (~~and people~~ do) bet on everything, golf, cricket, tennis, boxing, champions league football, International soccer, ~~not to mention~~ gaming. I'm ~~beginning~~ arrive at ~~the~~ conclusion that they must be ~~getting~~ weekly revenue ~~within~~ the millions, ~~of course, sboarena~~ if it's only A�3 million ~~weekly~~, that's over 150 million annually.<br><br>I admit to ~~having no~~ clue if my workings are drastically wrong here, and if Betfair actually has annual revenue of A�1million or A�1billion. Neither do I have a ~~perception~~ of what their attorney's fees, IT costs etc ~~add up~~ to. What I do see is ~~always that~~ unlike traditional bookmakers the results ~~of the~~ sporting event ~~does not have any~~ bearing on their revenue.<br><br>To this end their main aim must be to just recruit as ~~much~~ customers as ~~is possible~~, which poses the question; ~~while using~~ numerous online bookies ~~around~~ offering free introductory bets ~~of up~~ to along with ~~overabundance~~ A�100, then how come Betfair ~~offer~~ only A�30. That ~~may be~~ the topic of my next article.	+	I've been using Betfair for many years now however it is only recently I've wondered just how much performs this company actually make? This question 's what has compelled me to write this short article. I will not get copies of their accounts from companies house, the content will likely be all conjecture according to what I've picked up while using the site over time.<br><br>What has allowed me to ponder this question is the transparency in the Betfair site. If you consider traditional bookies like WilliamHill, Ladbrokes or Betfred, everything you don't know on any particular sporting event is exactly what has become bet as a whole and also on what particular outcome these bets were placed.<br><br>Take a regular Friday afternoon race meeting at say Ascot. It's the 2.30 and 5 horses are racing; the punters are logging on one of many traditional bookmakers websites and backing various horses. The outcome is repeat the second favourite winning, we've got no clue whether people were backing the outsider or sboarena favourite, the amount was bet, and what sort of profit the bookmaker made.<br><br>Now look at the same race with Betfair. The total amount exchanged to the race emerges near the top of the page, this really is typically about A�200,000 for the standard horse race. Now we understand that Betfair take a commission on all winnings, as well as for every bet exchanged there is a winner, so they're taking their 5% no matter the result - about A�10,000 in this instance.<br><br>So now for a quick bit of 'back of fag packet' maths. Approximately 40 races every day generating A�10,000 each are A�400,000 every day 1 week a week, that's 2.8 million pounds weekly. Throw inside the bigger meetings which rounds it down to convey 3 million, 5% of which is A�150,000.<br><br>Now look at the Premiership football season. At least 12 games per week generating between A�200,000 along with a million pounds in exchanged bets, consider the average and exercise the 5% commission understanding that's another A�350,000. On top of this there's the lower league and foreign games that have to generate another A�100,000 in commission so we're up to Half one million pounds weekly in revenue.<br><br>Bear planned that one could (the ones do) bet on everything, golf, cricket, tennis, boxing, champions league football, International soccer, as well as gaming. I'm needs to arrive at in conclusion that they must be attracting weekly revenue in the millions, and if it's only A�3 million per week, that's over 150 million annually.<br><br>I admit to using not a clue if my workings are drastically wrong here, and if Betfair actually has annual revenue of A�1million or A�1billion. Neither do I have a concept of what their attorney's fees, IT costs etc figure to. What I do see is unlike traditional bookmakers the results from a sporting event has no bearing on their revenue.<br><br>To this end their main aim must be to just recruit as many customers as you can, which poses the question; with the numerous online bookies out there offering free introductory bets all the way to along with more than A�100, then how come Betfair only offer A�30. That is the topic of my next article.

ShirleenFrei en 17:10 17 ago 2020

2020-08-17T17:10:37Z

← Revisión anterior		Revisión de 17:10 17 ago 2020
Línea 1:		Línea 1:
-	I've been using Betfair for decades now but it is only recently I've wondered ~~just~~ how much ~~performs~~ this company actually make? This question is ~~the thing that~~ has compelled me to ~~publish~~ this information. I will not ~~receive~~ copies of their accounts from companies house, ~~the information will probably~~ be all conjecture ~~depending on~~ what I've ~~acquired by~~ using the web page through the years.<br><br>What has allowed me to ponder this question ~~will~~ be the transparency within the Betfair site. If you consider traditional bookies ~~including~~ WilliamHill, Ladbrokes or Betfred, ~~that which~~ you have no idea of on any particular sporting event is ~~exactly what has become~~ bet ~~altogether~~ and on what particular outcome these bets were placed.<br><br>Take a regular Friday afternoon race meeting at say Ascot. It's the 2.30 and 5 horses are racing; the punters are logging ~~onto~~ one of the traditional bookmakers websites and backing the many horses. The outcome is the second favourite winning, we ~~now~~ have ~~no idea~~ whether everyone was backing the outsider or favourite, ~~just~~ how much was bet, and what kind of ~~assist~~ the bookmaker made.<br><br>Now ~~consider~~ the same race with Betfair. The total amount exchanged ~~to the~~ race is ~~offered towards~~ the top of the page, this is typically about A�200,000 ~~for~~ a standard horse race. Now we know that Betfair require a commission on all winnings, ~~and for~~ every bet exchanged there's a winner, so they're taking their 5% ~~no matter~~ the result - about A�10,000 in ~~cases like~~ this.<br><br>So now for ~~sboarena~~ a quick ~~bit of~~ 'back of fag packet' maths. Approximately 40 races a day generating A�10,000 ~~are all~~ A�400,000 a day 1 week ~~a week~~, that's 2.8 million pounds weekly. Throw ~~inside~~ bigger meetings ~~and that~~ rounds it to say 3 million, 5% of which is A�150,000.<br><br>Now ~~consider~~ the Premiership football season. At least 12 games every week generating between A�200,000 ~~plus~~ a million pounds in exchanged bets, ~~consider the~~ average and ~~workout~~ the 5% commission ~~understanding~~ that's another A�350,000. On top of this there's the lower league and foreign games that ~~has to~~ generate another A�100,000 in commission so we're up to Half ~~millions of~~ pounds ~~per~~ week in revenue.<br><br>Bear ~~in your mind~~ that ~~one~~ could (~~the ones~~ do) bet on everything, golf, cricket, tennis, boxing, champions league football, International soccer, not to mention gaming. I'm beginning ~~visit~~ the conclusion that they must be ~~pulling in~~ weekly revenue ~~inside~~ the millions, ~~and~~ if it's only A�3 million ~~per week~~, that's over 150 million ~~a year~~.<br><br>I admit to having no ~~idea~~ if my workings are drastically wrong here, and ~~when~~ Betfair actually has annual revenue of A�1million or A�1billion. Neither do I have a ~~concept~~ of what their ~~legal~~ fees, IT costs etc ~~amount~~ to. What I do see is unlike traditional bookmakers the ~~end result~~ of ~~any~~ sporting event ~~doesn't~~ have ~~touching~~ on their revenue.<br><br>To this end their main aim must be to just recruit ~~numerous~~ customers as ~~you can~~, which poses the question; ~~with all the~~ numerous online bookies ~~available~~ offering free introductory bets ~~as high as~~ along with ~~way over~~ A�100, then how come Betfair ~~only~~ offer A�30. That is the topic of my next article.	+	I've been using Betfair for decades now but it's only recently I've wondered how much can this company actually make? This question is exactly what has compelled me to create this information. I will not be getting copies with their accounts from companies house, this content is going to be all conjecture determined by what I've picked up while using the web page through the years.<br><br>What has allowed me to ponder this question may be the transparency within the Betfair site. If you consider traditional bookies for example WilliamHill, Ladbrokes or Betfred, everything you have no idea on any particular sporting event is the thing that continues to be bet in whole and also on what particular outcome these bets were placed.<br><br>Take a regular Friday afternoon race meeting at say Ascot. It's the 2.30 and 5 horses are racing; the punters are logging on one of the traditional bookmakers websites and backing the many horses. The outcome is repeat the second favourite winning, we have not a clue whether everyone was backing the outsider or favourite, simply how much was bet, and what kind of profit the bookmaker made.<br><br>Now look at the same race with Betfair. The total amount exchanged for that race is given near the top of the page, this is typically about A�200,000 to get a standard horse race. Now we know that Betfair require a commission on all winnings, as well as every bet exchanged there exists a winner, so they're taking their 5% regardless of the result - about A�10,000 in this case.<br><br>So now for a quick little 'back of fag packet' maths. Approximately 40 races a day generating A�10,000 each is A�400,000 every day 1 week weekly, that's 2.8 million pounds weekly. Throw in the bigger meetings which rounds up to say 3 million, 5% which is A�150,000.<br><br>Now look at the Premiership football season. At least 12 games every week generating between A�200,000 along with a million pounds in exchanged bets, go ahead and take average and figure out the 5% commission knowning that's another A�350,000. On top of this there's the lower league and foreign games that must generate another A�100,000 in commission so we're up to Half a thousand pounds a week in revenue.<br><br>Bear planned that you could (and people do) bet on everything, golf, cricket, tennis, boxing, champions league football, International soccer, not to mention gaming. I'm beginning arrive at the conclusion that they must be getting weekly revenue within the millions, of course, sboarena if it's only A�3 million weekly, that's over 150 million annually.<br><br>I admit to having no clue if my workings are drastically wrong here, and if Betfair actually has annual revenue of A�1million or A�1billion. Neither do I have a perception of what their attorney's fees, IT costs etc add up to. What I do see is always that unlike traditional bookmakers the results of the sporting event does not have any bearing on their revenue.<br><br>To this end their main aim must be to just recruit as much customers as is possible, which poses the question; while using numerous online bookies around offering free introductory bets of up to along with overabundance A�100, then how come Betfair offer only A�30. That may be the topic of my next article.

Jacinto1164: Página creada con 'I've been using Betfair for decades now but it is only recently I've wondered just how much performs this company actually make? This question is the thing that has compelled me...'

2020-07-31T20:47:30Z

Página creada con 'I've been using Betfair for decades now but it is only recently I've wondered just how much performs this company actually make? This question is the thing that has compelled me...'

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I've been using Betfair for decades now but it is only recently I've wondered just how much performs this company actually make? This question is the thing that has compelled me to publish this information. I will not receive copies of their accounts from companies house, the information will probably be all conjecture depending on what I've acquired by using the web page through the years. What has allowed me to ponder this question will be the transparency within the Betfair site. If you consider traditional bookies including WilliamHill, Ladbrokes or Betfred, that which you have no idea of on any particular sporting event is exactly what has become bet altogether and on what particular outcome these bets were placed. Take a regular Friday afternoon race meeting at say Ascot. It's the 2.30 and 5 horses are racing; the punters are logging onto one of the traditional bookmakers websites and backing the many horses. The outcome is the second favourite winning, we now have no idea whether everyone was backing the outsider or favourite, just how much was bet, and what kind of assist the bookmaker made. Now consider the same race with Betfair. The total amount exchanged to the race is offered towards the top of the page, this is typically about A�200,000 for a standard horse race. Now we know that Betfair require a commission on all winnings, and for every bet exchanged there's a winner, so they're taking their 5% no matter the result - about A�10,000 in cases like this. So now for sboarena a quick bit of 'back of fag packet' maths. Approximately 40 races a day generating A�10,000 are all A�400,000 a day 1 week a week, that's 2.8 million pounds weekly. Throw inside bigger meetings and that rounds it to say 3 million, 5% of which is A�150,000. Now consider the Premiership football season. At least 12 games every week generating between A�200,000 plus a million pounds in exchanged bets, consider the average and workout the 5% commission understanding that's another A�350,000. On top of this there's the lower league and foreign games that has to generate another A�100,000 in commission so we're up to Half millions of pounds per week in revenue. Bear in your mind that one could (the ones do) bet on everything, golf, cricket, tennis, boxing, champions league football, International soccer, not to mention gaming. I'm beginning visit the conclusion that they must be pulling in weekly revenue inside the millions, and if it's only A�3 million per week, that's over 150 million a year. I admit to having no idea if my workings are drastically wrong here, and when Betfair actually has annual revenue of A�1million or A�1billion. Neither do I have a concept of what their legal fees, IT costs etc amount to. What I do see is unlike traditional bookmakers the end result of any sporting event doesn't have touching on their revenue. To this end their main aim must be to just recruit numerous customers as you can, which poses the question; with all the numerous online bookies available offering free introductory bets as high as along with way over A�100, then how come Betfair only offer A�30. That is the topic of my next article.