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Betfair: what on earth has gone wrong?

  • cawkwell2
  • Sep 26
  • 1 min read

I hit trouble at Betfair some months ago when they declined my paying them cash as a result of the DCMS/GC meddling. So I paid cash to AN Other in the belief that I could get on at 2% commission. In fact Betfair charged 6%. This is quite ridiculous since it is almost as much as the old betting tax rate of thirty years ago. Betfair think that they can get away with it but I very much doubt it.

 
 
 

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Attaboy

Tom Hayes is suing UBS for $400m. No messing about here. Although there are others who have yet to account - such as the Ministry of justice. Another mystery is how Tom was in touch with his managers

 
 
 

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