Just came across this in the Racing Post...
https://www.racingpost.com/news/latest/ ... ons/346426
BetConnect - New Social Betting Platform
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- Posts: 3140
- Joined: Sun Jan 31, 2010 8:06 pm
Looks quite interesting to be able to lay at bookies odds with 15 minutes to decide if to accept it
- northbound
- Posts: 737
- Joined: Mon Mar 20, 2017 11:22 pm
Thanks for sharing, phrenetic. Here are my thoughts.
1 - As spreadbetting said, it could be interesting if you're able to lay at bookie prices. Then back on Betfair for a guaranteed profit.
2 - Not sure how BetConnect can attract average punters when there are clearly tons of people who struggle to understand simple betting exchange back/lay concepts. People who are unaware you can lay a team on Betfair and instead bet on Double Chance with a bookie.
3 - Copy trading and copy betting are moronic concepts. If one finds profitable angles, he might be willing to share it with a small group of like minded people/friends. Surely not with the entire world.
But I know, I know: the average punter is not very savvy so he can't understand the latter point. Which means that perhaps this "copy betting" feature is THE key to attract them.
1 - As spreadbetting said, it could be interesting if you're able to lay at bookie prices. Then back on Betfair for a guaranteed profit.
2 - Not sure how BetConnect can attract average punters when there are clearly tons of people who struggle to understand simple betting exchange back/lay concepts. People who are unaware you can lay a team on Betfair and instead bet on Double Chance with a bookie.
3 - Copy trading and copy betting are moronic concepts. If one finds profitable angles, he might be willing to share it with a small group of like minded people/friends. Surely not with the entire world.
But I know, I know: the average punter is not very savvy so he can't understand the latter point. Which means that perhaps this "copy betting" feature is THE key to attract them.
- ruthlessimon
- Posts: 2095
- Joined: Wed Mar 23, 2016 3:54 pm
Yah the problem is the fill.northbound wrote: ↑Wed Sep 19, 2018 3:43 pm3 - Copy trading and copy betting are moronic concepts. If one finds profitable angles, he might be willing to share it with a small group of like minded people/friends. Surely not with the entire world.
But it's a self-fulfilling prophecy for the guy dishing out the tips/trades!
- wearthefoxhat
- Posts: 3240
- Joined: Sun Feb 18, 2018 9:55 am
The name's quite close to the scammers, Bitconnect, (of the crypto world)...hope they've thought that one through...
not looked yet, but the main question is 'how do they determine the *after*' (i.e. if you declare yourself one or 'tother) and if they find *issue* what is the redress!!
the open environment is to be welcomed but only if transparency prevails...