Matt williams
Is this it?
BETDAQ have reacted with indignation to yesterday's Trading Post comment which suggested there were no viable alternatives to Betfair following the leading exchange's decision to hike up their commission charges as there was not enough liquidity on the other exchanges.
The firm's spokesman, Russ Wiseman, claimed that Betfair's supposed dominance of the exchange market was "nothing more that a myth".
Wiseman said: "Paul Kealy's assertion that Betdaq are not a viable alternative to Betfair on the grounds of liquidity is not only an ill-informed comment, but highly misleading.
"Betdaq has enjoyed tremendous growth over the past 18 months with new members contributing significant added volumes into what were already buoyant pools. Comparisons in the liquidity of a number of the core betting markets are highly favourable to Betdaq and I invite all readers of Trading Post to come to their own conclusion as to whether Betdaq are offering a compelling product as an alternative.
"Certainly judging by the vast numbers of new members we are currently recruiting, there is every reason to believe that the supposed dominance of the exchange market that Paul Kealy refers to is nothing more than a myth.
"We believe our customer service is unparalleled and intend to grow our membership base even further to ensure liquidity levels continue to accelerate.
"In light of the recent changes that our competitors have made it would appear that exchange players face some interesting decisions as to where they conduct their future business."
BETDAQ have reacted with indignation to yesterday's Trading Post comment which suggested there were no viable alternatives to Betfair following the leading exchange's decision to hike up their commission charges as there was not enough liquidity on the other exchanges.
The firm's spokesman, Russ Wiseman, claimed that Betfair's supposed dominance of the exchange market was "nothing more that a myth".
Wiseman said: "Paul Kealy's assertion that Betdaq are not a viable alternative to Betfair on the grounds of liquidity is not only an ill-informed comment, but highly misleading.
"Betdaq has enjoyed tremendous growth over the past 18 months with new members contributing significant added volumes into what were already buoyant pools. Comparisons in the liquidity of a number of the core betting markets are highly favourable to Betdaq and I invite all readers of Trading Post to come to their own conclusion as to whether Betdaq are offering a compelling product as an alternative.
"Certainly judging by the vast numbers of new members we are currently recruiting, there is every reason to believe that the supposed dominance of the exchange market that Paul Kealy refers to is nothing more than a myth.
"We believe our customer service is unparalleled and intend to grow our membership base even further to ensure liquidity levels continue to accelerate.
"In light of the recent changes that our competitors have made it would appear that exchange players face some interesting decisions as to where they conduct their future business."