Sharechat Logo

Forum Archive Index - November 2001

Please note usage of the Forum is subject to the Terms & Conditions.

 
Messages by Date [ Next by Date Previous by Date ]
Messages by Thread [ Next by Thread Previous by Thread ]
Post to the Forum [ New message Reply to this message ]
Printable version
 

Re: [sharechat] Feverpitch International (N.C.M. IPO)


From: "nick" <helmett@xtra.co.nz>
Date: Sun, 25 Nov 2001 16:42:07 +1300


         The main problem with this type of site is that the online bookmakers
already offer very competitive prices,  I personally have accounts with
ladbrokes, william hill, murray chandlers, tab , centrebet and a couple of
others i never use.   By shopping around it is often possible to have an
underround book  ie cant lose.
        There is one major poblem with this
     concept of betting other punters is none of them, except
the stupid ones are going to offer odds better than those attainable
at any of the online bookmakers.  If they do offer better odds they will
quickly give up laying odds as they inevitably begin losing money, especially
with the five percent takeout by Feverpitch.
              This will create a problem , all the regulars will be offering odds
equal to or worse than those widely available at other outlets, what will happen
is that nobody will take up their offers, leaving the majority of bets unfilled.
      Opening an account with the TAB is easier , money transfer is easier
the interface is easier and you are guaranteed of being able to make a bet.
      On the other hand it is quite interesting making a bet at this new site
just to see if anybody accepts the bet. However if a number are left unfilled
im sure the novelty will soon wear off
 
         Nick

References

 
Messages by Date [ Next by Date: [sharechat] Feverpitch International (N.C.M. IPO) Paul Frost
Previous by Date: Re: [sharechat] Feverpitch International (N.C.M. IPO) nick ]
Messages by Thread [ Next by Thread: [sharechat] Feverpitch International (N.C.M. IPO) Paul Frost
Previous by Thread: Re: [sharechat] Feverpitch International (N.C.M. IPO) nick ]
Post to the Forum [ New message Reply to this message ]