Betfair Not Allowing Americans

[jjgold]

I think there is some truth to what jjgold has said.

As bad as Matchbook has been at promoting and managing themselves, I can see no other reason for them having failed to take share away from the US facing offshore books.

If the US was to deregulate this industry tomorrow, I don't see hoards of Americans flooding Betfair or a new exchange supplanting Matchbook. I think most would just be happy about the lower transaction costs and increased financial security and continuing to play at traditional books.

BINGO...finally a poster with a clue!!!!!!

[sq764]

You guys are so dumb

at least 4 exchanges have went bankrupt in usa because we do not take interest in it like Euro bettors do

Americans are not as sophisticated as the euro player and only like betting traditional books

Matchbook also is not going to last

On TV NFL football games betfair slams matchbook in volume and that is a disgrace especially when it is at night in the UK

I love making you guys look like idiots

I am a pro and your not

clearly you've made yourself look like the only idiot here..

[sq764]

BINGO...finally a poster with a clue!!!!!!

The difference is he can explain the reasoning like an adult, with class. Not like a euro punk..

[FourLengthsClear]

The difference is he can explain the reasoning like an adult, with class. Not like a euro punk..

LOL.

I am the euro punk.
JJ, I believe, is from Joisey.

[jjgold]

SQ just made a fool out of himself

LOL!!!!!

[chachi]

If the US was to deregulate this industry tomorrow, I don't see hoards of Americans flooding Betfair or a new exchange supplanting Matchbook. I think most would just be happy about the lower transaction costs and increased financial security and continuing to play at traditional books.

Excepting the 'financial security' remark I agree ... sportsbook funds are ringfenced at BF in a trust.

Guessing most NBA or NFL bettors' heads would explode if offered a split-asian points line

[FourLengthsClear]

Excepting the 'financial security' remark I agree ... sportsbook funds are ringfenced at BF in a trust.

Guessing most NBA or NFL bettors' heads would explode if offered a split-asian points line

Just to clarify, I meant that financial security would be increased compared to the current situation of sending funds to Costa Rica.

[thegreen]

they have US data base when they bought TVG

[chachi]

ah ... gotcha fourlengths

[Scottish]

I'm guessing allowing us players would be more hassle than it was worth for Betfair, they are basically printing millions a day as it is, basically even 1am nba games that are on televised in the UK have upwards of £500,000 matched on them most of the time, the only thing the American customers would improve would be the liquidity of the non televised NBA games and hockey in general.

[yisman]

Misleading title of the month.

[Hareeba!]

I think there is some truth to what jjgold has said.

As bad as Matchbook has been at promoting and managing themselves, I can see no other reason for them having failed to take share away from the US facing offshore books.

If the US was to deregulate this industry tomorrow, I don't see hoards of Americans flooding Betfair or a new exchange supplanting Matchbook. I think most would just be happy about the lower transaction costs and increased financial security and continuing to play at traditional books.

totally disagree
Betfair would sign up millions of Yanks within a year if they got a license and could advertise in the US

[Hareeba!]

I'm guessing allowing us players would be more hassle than it was worth for Betfair, they are basically printing millions a day as it is, basically even 1am nba games that are on televised in the UK have upwards of £500,000 matched on them most of the time, the only thing the American customers would improve would be the liquidity of the non televised NBA games and hockey in general.

how on earth do you figure it "would be more hassle than it was worth"?
they earn commission on a massive infusion of new turnover
why else would they be spending million$ doing the groundwork to one day hopefully getting licensed in the US?

[l7ustin]

i love match and cant wait to join betfair!!!!!!!!!!!!!!!!!!!!!!!!!!!

[yisman]

I love making you guys look like idiots

I am a pro and your not

jj, aren't you the guy who claimed tennis doesn't get a lot of action?

Thought so.

[jjgold]

I'm guessing allowing us players would be more hassle than it was worth for Betfair, they are basically printing millions a day as it is, basically even 1am nba games that are on televised in the UK have upwards of £500,000 matched on them most of the time, the only thing the American customers would improve would be the liquidity of the non televised NBA games and hockey in general.

put the same game up and only allow usa bettors and your lucky if you get $50,000 matched

Case closed

[Hareeba!]

put the same game up and only allow usa bettors and your lucky if you get $50,000 matched

Case closed

utterly ludicrous

[FourLengthsClear]

totally disagree
Betfair would sign up millions of Yanks within a year if they got a license and could advertise in the US

No problem, we can agree to disagree.

TBH I don't really have a handle on how big or otherwise the US market is in terms of sportsbetting and by how much that pie would increase when restrictions are eased and legal ambiguities lifted. I do think that most people would over estimate the current size though.

[Trucker George]

I remember back in 2006 it seemed like betting exchanges were on the verge of really getting big with US players; Matchbook was at it's peak, along with Tradesports.

The two big things that killed this upward surge of popularity for US players were primarily Neteller going down with an additional kick in the nuts by the UIGEA.

If I were to imagine some alternate timeline where the these two events did not happen, I find it easy to picture a very different situation in 2011 with Matchbook stronger than ever and probably several other thriving exchanges aimed directly at the US market.

It may be a fair to characterize US players as less sophisticated than their European counterparts, but the reasons for this are not because Americans prefer traditional books, or just plain don't like exchanges, but instead that they are inexperienced with how good things can be due to pathetic US gambling laws, religious preferences and just plain bad politics. Americans got a taste of betting exchanges in 2006 and I think they liked it, but when it became harder to move money, that potential thing that could have been great instead failed to thrive and here we come back to reality: a US betting market that is whimpering, retarded and starving.

[Chopsticks]

Excepting the 'financial security' remark I agree ... sportsbook funds are ringfenced at BF in a trust.

Not for people outside the uk and australia though... ? Maybe they do in practice but bf international is regulated by malta so no such legal provision exists.

[gafl]

Betfair has gotten its start in the US market with horse racing. NJ has okayed exchange betting on its races, maybe Betfair will partner with them. Still think legalized sports betting is years away. Matchbook doesn't seem to be totally committed to running a successful business. Granted the US market is tough to operate in, but many traditional books seem to be handling it better than Matchbook.

[loyd]

i wouldn't be surprised if i hear that Betfair have a stake in an offshore book that allows americans, betfair stoped french players too, if they are going not allow any market that prohibit betting they will soon be out of business.

[RonPaul2008]

UIEGA is what caused Neteller to pull out of the USA...as well as Pinnacle. It's really one event.

I remember back in 2006 it seemed like betting exchanges were on the verge of really getting big with US players; Matchbook was at it's peak, along with Tradesports.

The two big things that killed this upward surge of popularity for US players were primarily Neteller going down with an additional kick in the nuts by the UIGEA.

If I were to imagine some alternate timeline where the these two events did not happen, I find it easy to picture a very different situation in 2011 with Matchbook stronger than ever and probably several other thriving exchanges aimed directly at the US market.

It may be a fair to characterize US players as less sophisticated than their European counterparts, but the reasons for this are not because Americans prefer traditional books, or just plain don't like exchanges, but instead that they are inexperienced with how good things can be due to pathetic US gambling laws, religious preferences and just plain bad politics. Americans got a taste of betting exchanges in 2006 and I think they liked it, but when it became harder to move money, that potential thing that could have been great instead failed to thrive and here we come back to reality: a US betting market that is whimpering, retarded and starving.

[Hareeba!]

i wouldn't be surprised if i hear that Betfair have a stake in an offshore book that allows americans, betfair stoped french players too, if they are going not allow any market that prohibit betting they will soon be out of business.

that was the result of French legislation

Betfair simply will not permit betting from countries where it is illegal to use them
They will do their utmost to protect themselves from possible accusations of permitting any sort of illegal activity.
That then ensures they have the best possible opportunity to obtain licenses in new jurisdictions.

[todd73nj]

and how many Americans even knew they existed?
and of those how many of them know it's legal to use Matchbook?
when was the last time you saw an advertisement for any exchange?
when did you last see a leading sporting team wearing an exchange's shirt?

Matchbook is legal in the USA?

Amazing the funding problems they have being legal and all.

[sportsbetwin]

If betting was deregulated and allowed in US Betfair would dominate the US market.

They would run free seminars at clubs around the country - give a meal - give a betfair book - teach people how to play at Betfair - and give a $50 free bet as well.

This is what they do.

Betfair knows how to market - Matchbook is a minnow in that department - they really don't have a clue.

Just because the bad ones have failed does not mean the good ones will also fail.

[Hareeba!]

If betting was deregulated and allowed in US Betfair would dominate the US market.

They would run free seminars at clubs around the country - give a meal - give a betfair book - teach people how to play at Betfair - and give a $50 free bet as well.

This is what they do.

Betfair knows how to market - Matchbook is a minnow in that department - they really don't have a clue.

Just because the bad ones have failed does not mean the good ones will also fail.

This bloke knows what he's on about ... pretty rare for a Roosters fan

[Hareeba!]

Matchbook is legal in the USA?

Amazing the funding problems they have being legal and all.

To the best of my understanding there is no law against punters using offshore bookies (at least in most of the Land of the Free)

The laws only make it illegal for those books to operate in the US

[jjgold]

Betfair took about 1.2 milion pounds last night on Miami Heat game

If same game was offered for usa bettors lucky to get 50,000

Euro people were born to gamble, it is part of their culture, their are bookies on every street corner

In the USA it is not and more looked at like your trash and a heroine junkie

Most of you guys have no clue about World Wide Sports Betting Like I do

Stop making fools out of yourselves

Matchbook has pitiful volume on most sports and most games

Get a clue or do not post here in this thread because I will get you

[Hareeba!]

Betfair took about 1.2 milion pounds last night on Miami Heat game

If same game was offered for usa bettors lucky to get 50,000

Euro people were born to gamble, it is part of their culture, their are bookies on every street corner

In the USA it is not and more looked at like your trash and a heroine junkie

Most of you guys have no clue about World Wide Sports Betting Like I do

Stop making fools out of yourselves

Matchbook has pitiful volume on most sports and most games

Get a clue or do not post here in this thread because I will get you

You're the one making a fool of yourself
I and others have explained a few times why Matchbook is simply unable to attract business from Americans at the same level as Betfair would be able to do given the chance and a little bit of time.

Yanks aren't the fools you suggest they are. They may take a bit of time to get their heads around the new opportunity which Betfair or another licensed exchange offers but in time there is no doubt that they would embrace it wholeheartedly. Perhaps not in the same head to head ratio as the Brits but still a very large number.

[jjgold]

5 usa exchange all went bankrupt SON

Matchbook wil go down also

Volume is not growing at all

New Signups are just not there

[sportsbetwin]

Get a clue or do not post here in this thread because I will get you

Do you work for Credit Wagering?

[sq764]

5 usa exchange all went bankrupt SON

Matchbook wil go down also

Volume is not growing at all

New Signups are just not there

I guess it proves the US players are happy with the books they use.. Son..So go find a different method to try to get into arguments you piece of trash

[Hareeba!]

5 usa exchange all went bankrupt SON

Matchbook wil go down also

Volume is not growing at all

New Signups are just not there

you're not listening POP!
at least that many have gone down in Europe too
none of them were a Betfair
and precisely how many of them did the public even know about?
did they actually have an advertising budget to spend in the US?
Betfair would be a massive hit in the US if allowed to operate and advertise there

by the sound of thousands of posts on this forum there are lots of US punters far from happy with the books they have available and almost all have said they'd love to be able to use Pinnacle and or Betfair

[loyd]

Betfair simply will not permit betting from countries where it is illegal to use them

what if all west european countries+us/canada+australia prohibit betting and there are plans they do? do you think Betfair can survive without these markets?