What is your opinion about this operation? Could it be a good news for liquidity?
Flutter Entertainment (Betfair) completes merger with Stars Group (PokerStars)
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randomuserSBR Hustler
- 04-21-20
- 65
#1Flutter Entertainment (Betfair) completes merger with Stars Group (PokerStars)Tags: None -
craftbrewerSBR High Roller
- 08-07-18
- 183
#2The 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 -
randomuserSBR Hustler
- 04-21-20
- 65
#3The 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 -
Roger T. BannonSBR Hall of Famer
- 06-28-18
- 5139
#4Flutter 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 -
Camma23SBR High Roller
- 11-17-14
- 134
#5The 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 -
Roger T. BannonSBR Hall of Famer
- 06-28-18
- 5139
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Camma23SBR High Roller
- 11-17-14
- 134
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Roger T. BannonSBR Hall of Famer
- 06-28-18
- 5139
#8Opening 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.Comment -
Camma23SBR High Roller
- 11-17-14
- 134
#9Opening 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.Comment -
Roger T. BannonSBR Hall of Famer
- 06-28-18
- 5139
#10The 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.
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 -
randomuserSBR Hustler
- 04-21-20
- 65
#12Kindred Group (Unibet) has already opened to the US market. There will be a lot of competition.Comment -
craftbrewerSBR High Roller
- 08-07-18
- 183
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OptionalAdministrator
- 06-10-10
- 61502
#14
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 -
randomuserSBR Hustler
- 04-21-20
- 65
#17I 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.Comment -
OptionalAdministrator
- 06-10-10
- 61502
#18A 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.
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 -
randomuserSBR Hustler
- 04-21-20
- 65
#19A 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.
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
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