What is your opinion about this operation? Could it be a good news for liquidity?
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The day Betfair announced completion of merger with Poker Stars was the same day when Betfair left Russian and Estonian market and I don't think it is a coincidence. So I doubt it could be a good news for liquidity given that betfair keeps leaving more and more markets all over the world.Comment -
But russians can still bet via agents, don't they?Originally posted by craftbrewerComment -
Flutter is making a major play on the US market and is going to be a big player. They bought FoxBet which is probably going to be huge once things roll out.Comment -
there is a valid explanation for this? Why a leading company in exchanges business like betfair is leaving more and more markets?Originally posted by craftbrewerComment -
Because they are focusing on the US where they see more profitablity. They have their sight on being the No. 1 player in the US.Originally posted by Camma23Comment -
well, dont'see why the need to leave rest of countries aiming to this. Also lot of EU country (mine included) miss BFOriginally posted by Roger T. BannonComment -
Opening in the US is a massive expense. They are not wanting to waste resources on those countries when they can use money to gain early position in the US which is going to be a gigantic market. DraftKings and Flutter have the early upper hand on being dominant players. All of the other companies are just sitting back and watching while they take the largest share.Originally posted by Camma23Comment -
now it makes sense. Ty manOriginally posted by Roger T. BannonComment -
The US gambling market is there for the taking it is pretty well set now. Anybody can come in and change things with the right moves but these two companies and William Hill pretty much have the market cornered at this point. They are all very aggressive, know what they are doing, have experience and have a vision.Originally posted by Camma23
So your gambling outs are going to be DraftKings, FanDuel/FoxBets, William Hill and some other company that will probably partner with ESPN and that is pretty much going to be it. That is all anyone is going to need or want. At some point someone will try to take professional action and they will have the potential to be the No. 1 player.
These companies are going to be nearly impossible to beat.Comment -
I think the main reason is tightening of British gambling lawsOriginally posted by Camma23Comment -
Kindred Group (Unibet) has already opened to the US market. There will be a lot of competition.Comment -
Yes, they can. But this decision will anyway lead to declining number of russian players on betfair exchange and as far as I know, Russia was in top 5 of betfair's markets.Originally posted by randomuserComment -
Personally I think Stars are one of the worst major players.Originally posted by randomuser
I have to wonder if these recent threads about Betfair trying to tell people they are confiscating money without a reason, only to realize they were wrong when the customer asks for a deadlock email to go to regulators, are due to the Stars company influence.
Check out their Malta regulated betstars.com operation for an example of how they act without a real regulator to keep them honest..Comment -
Why do you think so?Originally posted by OptionalComment -
because in their mickey mouse world, every player who dares to win is a menace to their business model and they treat everyone accordinglyOriginally posted by randomuserComment -
I agree with you on this. However, the core business of Stars Group is poker.. I think they don't care if a player is a winner or a loser, they just simply take fees from players whether they are winners or losers.Originally posted by OVAKULComment -
A lot of little things mostly. As Ovakul said their odds and juice are awful in general and then they have heaps of special offers with enhanced odds which they pick very sharply. Their model seems very focused on extracting maximum possible from rec and degen bettors whilst offering little to sharps. Which is fine in itself but compared to other books they do it so "well" that it feels kind of greedy as a user.Originally posted by randomuser
But mostly because there have been a couple of complaints about betstars.com that appear like they are not treating the people fairly, and we could not get any response from the book or the parent company trying to resolve or explain these.
Just in my humble opinion Bet365, Paddypower, Unibet, Ladbrokes, Will Hill and just about any other major name you can think of are more player friendly and more concerned about addressing player disputes fairly than I have seen from Betstars. I don't think it is good for the industry for them to gain too much traction, like they seem to be..Comment -
But, do you think this merger will impact the betting exchange industry? I think a lot of players will jump into the Betfair platform.Originally posted by OptionalComment
