I thought it was a bit rich to say this:-spreadbetting wrote: ↑Thu Apr 11, 2019 3:19 pmBit rich of Betfair whining about charges when they happily charge their own customers up to 60%. Just a few cherry picked races to highlight their aims, you can be pretty sure Betfair are a net winner from NSW otherwise they'd drop them asap.
Betfair is a lot of things. [not an exhaustive list. ]
It’s a betting exchange that allows punters to bet against each other.
It’s an Australian business trying to make profit.
It’s an employer of over 100 Australian staff.
It doesn’t profile customers or ban winners.
Not sure what they mean by profiling but 60% PC is effectively a ban to some traders. Imagine bookies claiming 60% profit back from successful punters!