Tradesports will launch an entirely new fee structure on 6/27/07

[bigboydan]

With the new 4% commission on your net profits there planning on implementing you might as well play at a regular book.

[Dark Horse]

Another new fee structure?!

Some of the longtime members seem to think it's an improvement, though.

[jjgold]

Tradesports is a dying exchange and lousy

stay away

[BigBollocks]

Dan I'm with JJ here. I just don't see Tradesports being around too much longer....

[Dark Horse]

That's too simplistic. They've been around, have always paid, and the new fee structure is welcomed by their longtime following as an improvement. TS did miss the boat, though. They could have been way ahead of the game, but instead of cornering the market, they micromanaged for years. Now MB has overtaken them and unless TS drops its fees to 2% there is no advantage to trading there.

From the little I know of this industry I would easily consider TS as the company with the greatest unrealized potential. You wouldn't believe the silly things they focused on, while all they really needed to focus on what liquidity, liquidity, liquidity. If they had ten or twenty times the liquidity they have now, the entire fee structure issue wouldn't even be on the table.

[jjgold]

idiots running the place

there lies the problem

[bigloser]

With the new 4% commission on your net profits there planning on implementing you might as well play at a regular book.

4% is less than anything they have at the moment with the exception of the band between +100 and +225 and even then it is only 3.75%

[Bill Dozer]

That's too simplistic. They've been around, have always paid, and the new fee structure is welcomed by their longtime following as an improvement. TS did miss the boat, though. They could have been way ahead of the game, but instead of cornering the market, they micromanaged for years. Now MB has overtaken them and unless TS drops its fees to 2% there is no advantage to trading there.

From the little I know of this industry I would easily consider TS as the company with the greatest unrealized potential. You wouldn't believe the silly things they focused on, while all they really needed to focus on what liquidity, liquidity, liquidity. If they had ten or twenty times the liquidity they have now, the entire fee structure issue wouldn't even be on the table.

Good post. TS does have a niche client base and did not develope it. I do think there is still some benefit price wise. TS will still offer the no-fee structure for plays made before in-running.

An anonymous reader made some good point today:

Probably the biggest plus is that you can now short longshots and you only pay 4% of profit instead of what was effectively a 50% (or more) fee from last fall until now. This should increase liquidity on tournaments and futures quite a bit.

The structure they put in place last October (and the way they implemented it) was idiotic in the extreme and really hurt their volumes. This is a solid step in the right direction and should make a real difference.

A smart upgrade from here would be to offer, as does Betfair, a gradually reduced fee % the more you trade. If you want people to trade more, it's common sense to provide some incentive, right?

[compaqDikk]

did they get delisted by the OTCBB?

[MoMentum]

I've read a few tradesports threads here and this tool jjgold is in every one trashing them without an ounce of truth in his post.

What is the policy of the management here to let an obvious paid shill trash a decent book?

Of course, your mod bigboy getting things wrong isn't too cool either. Do they have to pay for decent press around here?

Tradesports offers value to the bettor, and they never have payment problems. For those who don't believe, go check the site yourself, but surely don't accept the clowns here paid to trash the book.

The new commission structure beats the one they had, And it only applies to ingame betting.

BigBoy get your facts right, then change your post.

Betting before the game starts is still FREE, other than the market spread.

It sure sucks when a site will try to ruin one of our few good outs left just because they don't pay you enough.

[Dark Horse]

There is no agenda here against TS; merely different opinions, as might be expected on a forum. The agenda must be yours, however, if you believe that critics of TS must be paid for doing so.

You sound a bit like that market maker from TS. FairValue, I think his name is. Just as heavily prejudiced against SBR and not wanting the hear a negative word about TS. Hey, if you offer me good enough value, I'd even be willing to bet you're the same character.

In any case, if you're not happy with the liquidity at TS, don't blame critics of TS. The head ponchos at TS did that all by themselves.

[Santo]

The problem is with the statement by BBD: "With the new 4% commission on your net profits there planning on implementing you might as well play at a regular book."

It's blatantly inaccurate. Had he said "You might as well play at the couple of books that offer in-running" he might have had an argument.

As it is, you continue to pay nothing other than the usual spread in vig for pre-match bets, which are what the majority of people would have thought he was talking about.

FTR I haven't played at TBX/TS in years.

[Bill Dozer]

I've read a few tradesports threads here and this tool jjgold is in every one trashing them without an ounce of truth in his post.

What is the policy of the management here to let an obvious paid shill trash a decent book?

Of course, your mod bigboy getting things wrong isn't too cool either. Do they have to pay for decent press around here?

Tradesports offers value to the bettor, and they never have payment problems. For those who don't believe, go check the site yourself, but surely don't accept the clowns here paid to trash the book.

The new commission structure beats the one they had, And it only applies to ingame betting.

BigBoy get your facts right, then change your post.

Betting before the game starts is still FREE, other than the market spread.

It sure sucks when a site will try to ruin one of our few good outs left just because they don't pay you enough.

Welcome to the board Mo. Stick around and you will see everyone has their own opinion. The opinion on the SBR homepage is that this is a positive. But, TS essentially changed the price of pending long term wagers by jacking with the rules the previous time and that should be pointed out. Users expect more of a fair business approach from TS. Without the discussions TS likely would not have made the most recent changes.

[MoMentum]

DarkH-

Yeah I'm agenda ridden, I'm a bettor trying to protect the few good outs I have left. Your feeble attack on my credibility because I'm standing up to the keel hauling you are doing to a useful prompt paying book says an awful lot about you, none of it good.

According to you moderators should lie, shills should trash, and grades should be given out according to site pay structure.

And you accuse me of an agenda? lol. So tough sh#t sport if us bettors who use them and like them stand up for them.

No suprise a guy from TS would be "heavily predjudiced" against this site.

Or hell, maybe we should all just play at bodog instead.

[bigboydan]

The problem is with the statement by BBD: "With the new 4% commission on your net profits there planning on implementing you might as well play at a regular book."

It's blatantly inaccurate. Had he said "You might as well play at the couple of books that offer in-running" he might have had an argument.

As it is, you continue to pay nothing other than the usual spread in vig for pre-match bets, which are what the majority of people would have thought he was talking about.

FTR I haven't played at TBX/TS in years.

I used the wrong phrasing Santo however you knew what I was implying.

[Santo]

I did yes, because I knew that they were staying fee-free for normal bets, but how do you expect other people to when you don't include that information?

[Dark Horse]

DarkH-
Yeah I'm agenda ridden, I'm a bettor trying to protect the few good outs I have left. Your feeble attack on my credibility because I'm standing up to the keel hauling you are doing to a useful prompt paying book says an awful lot about you, none of it good.

The problem with ignorance and arrogance is that they go together so well.

DarkH-
According to you moderators should lie, shills should trash, and grades should be given out according to site pay structure.

And you accuse me of an agenda? lol.

I'll show my positive spirit by complimenting you on how effortlessly you mix the two.


(For the record, this attitude is very prevailing in the TS community, including the leadership.)

[MoMentum]

First I must be paid by TS, then I'm ignorant and arrogant.

Not interested in arguing with kids.

You fail to address any of the legitimate concerns I've brought up, that tells the whole story; who you are and what you are doing here.

So while you're thinking how witty your retorts are, the rest of us realize you have no real game.

[BatemanPatrickl]

First I must be paid by TS, then I'm ignorant and arrogant.

Not interested in arguing with kids.

You fail to address any of the legitimate concerns I've brought up, that tells the whole story; who you are and what you are doing here.

So while you're thinking how witty your retorts are, the rest of us realize you have no real game.

Hey I resent being called a shill!

[Dark Horse]

First I must be paid by TS, then I'm ignorant and arrogant.

Not interested in arguing with kids.

You fail to address any of the legitimate concerns I've brought up, that tells the whole story; who you are and what you are doing here.

So while you're thinking how witty your retorts are, the rest of us realize you have no real game.

Where did I say that TS paid you? (I did mention that you reminded me of a market maker there, but that is different). You are the one who speaks of people being either paid to criticize TS or not being paid enough to give them better ratings. lol. I'm afraid I may have to add paranoid to the list.

But it is good to know that, aside from already knowing everything about me, you now also speak for everyone else on this forum.

You're tha man. If only we were all so omniscient.

[hanco21]

$50 for a wire transfer.

[Brooks]

this is a terrible change for sportsbettors.

with pre-event now confirmed to be included in the 4% commission on net winnings i have to agree with the person who said just stick to a regular book. the spreads by the market makers are too wide at tradesports and i dont have the patience to put in orders when a better price is already at matchbook or pinnacle.

i will keep a little money there in case i need to get off a positon but i will be making a significant withdrawal by the end of the week.

[betplom]

$50 for a wire transfer.

No, its $20 for a wire transfer.

[bigboydan]

No, its $20 for a wire transfer.

Thats actually very reasonable considering what others charge.

[SPECULATOR 13]

TS did miss the boat, though. They could have been way ahead of the game, but instead of cornering the market,
From the little I know of this industry I would easily consider TS as the company with the greatest unrealized potential. You wouldn't believe the silly things they focused on, while all they really needed to focus on what liquidity, liquidity, liquidity. If they had ten or twenty times the liquidity they have now, the entire fee structure issue wouldn't even be on the table.

Dark Horse you are bang on and i don't understand why MOMENTUM is PISTE -OFF at you,
your criticisms of TS is valid the only problem with them is liquidity,liquidity,liquidity especially for the NHL.They better watch out because if those idiotic losers at betfair can get their act together and post their F*CKING line in American odds as EVERYBODY ELSE does they will not only get most of the Euro. action witch they already do but allot of money from especially Canada would fall upon them sorry selves.
I think even when i will be capable next year to move to the level of the:PINNACLES,WSEX,THE GREEK & BOOKMAKER i will keep a account with TS and if or when Betfair stop f*cking around with their web page i will have them in my roster also.The EXCHANGES ARE DEFINITELY THE WAY TO GO.

[raiders72002]

MoMentum - Who pissed in your cornflakes?

[jjgold]

I use the sportsbook part of tradesports, not lots of action though.