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A new Betfair strategy inflamed dispute
 September 11, 2008, 6:14 am (3 years ago)A new Betfair strategy listed for execution September 22 has inflamed argument on Sportblog at the UK newspaper The Guardian.
Blogger Greg Wood notes that in 9 years Betfair has grown from a small launch to one of the world's biggest betting companies worth more than a billion pounds stg, yet has at all times succeeded in keeping its associates feel faithful and associates of a club.
But the faithfulness of some members will be examined to the limit, states Wood, after a conclusion revealed this week to introduce "premium charges" for some of the betting exchange's largest winners.
"Betfair persists that the new charges are going to influence "below 0.5 %" of its clients, but still seems to be in absolute disagreement to the company's oft-repeated boast that this is a place "where winners are welcome", Woods explains.
The charges, and the circumstances under which these are going to be acquired, are stated in a 1 200-word posting on the Betfair site, Woods informs his readers, saying: "The regulations are, obviously, rather complex, but abundance of their clients are beginning to consider the insinuations. One Betfair client who made contact with the Guardian yesterday stated that if the charges had been inflicted throughout the last few weeks, he would have been obligated to pay 'a five-figure sum'.
"They believe they are able to do it since they have an effectual control. I expect their next advertising campaign. Rather than 'where winners are welcome', they are able to say, 'come to Betfair, where winners get screwed'," he concluded.
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