Crown (Betfair) purchase 67% of BetEasy

Lensen

You've ruined the act, GOB
Feb 23, 2003
15,030
15,467
Brisbane
AFL Club
Collingwood
Other Teams
Collingwood
effectively a merger, and zero out of the many takeovers/mergers have been good news in the last few years in the punting landscape
 
May 20, 2014
20,822
26,444
AFL Club
Geelong
So the Betfair bookmaker is just going to be Beteasy and vice versa.

It sort of interesting that Packer picks now as the time to invest in bookmakers. He is coming late to the party.

If he can wield some political influence and get in play betting off the ground then the betfair acquistion will be a bonanza.
 

Jugada

Brownlow Medallist
Dec 5, 2012
10,702
12,655
AFL Club
West Coast
Reel 'em in with the promos, then once you've got a nice juicy list of clients, sell them off. Expect the promos from BE to dwindle.

So BF account holders will automatically get a BE account. What if you already have one of each, are they gonna be dumb enough to duplicate?

Sportsbet were with IASbet
 
May 20, 2014
20,822
26,444
AFL Club
Geelong
Reel 'em in with the promos, then once you've got a nice juicy list of clients, sell them off. Expect the promos from BE to dwindle.

So BF account holders will automatically get a BE account. What if you already have one of each, are they gonna be dumb enough to duplicate?

There was an opt out button on the email. I think I will just do that to be on the safe side.
 
Reel 'em in with the promos, then once you've got a nice juicy list of clients, sell them off. Expect the promos from BE to dwindle.

So BF account holders will automatically get a BE account. What if you already have one of each, are they gonna be dumb enough to duplicate?

Sounds like you still need an account for each:

What if I want to place non-exchange bets? How can I continue to use multis/exotics etc.?

Betfair’s non-exchange products move to BetEasy on Tuesday 6 January 2015.

From then on, Betfair customers who wish to utilise non-exchange bet types like racing exotics and sport multis can do so by opening an account at BetEasy.
 

Lensen

You've ruined the act, GOB
Feb 23, 2003
15,030
15,467
Brisbane
AFL Club
Collingwood
Other Teams
Collingwood
Will it mean no more best of 5? If I am not mistaken one of the '5' was the exchange starting price, migth be a bit tricky (though not impossible) for Beteasy to provide this.
yeah, that was my concern too.
weird that they've set it up that you get a separate beteasy a/c, and not that it's just an extension of the existing betfair a/c. when sports alive used to do their tote stuff it was all through betfair, granted they got burned there when SA went belly up but this is a joint venture under the same company rather than just an agreement. just seems to make it messy
 
wonerding if crown will be looking to incoperate this buisness into its casinos instead of just the standard tab in the future?

Vegas style bookmaker. Government costs the obvious obsticale but could see this working.
 

Lensen

You've ruined the act, GOB
Feb 23, 2003
15,030
15,467
Brisbane
AFL Club
Collingwood
Other Teams
Collingwood
wonerding if crown will be looking to incoperate this buisness into its casinos instead of just the standard tab in the future?

Vegas style bookmaker. Government costs the obvious obsticale but could see this working.
TAB's exclusive isn't it? Pretty sure SPortsbet tried putting terminals in pubs a few years back without luck
Obviously Crown's government clout is higher than Sportsbet's, but the TABs pay through the nose for the exclusive license to open retail outlets
 
TAB's exclusive isn't it? Pretty sure SPortsbet tried putting terminals in pubs a few years back without luck
Obviously Crown's government clout is higher than Sportsbet's, but the TABs pay through the nose for the exclusive license to open retail outlets

Agree with your points and i think you are spot on with the price TAB pays to be the retail king pin.

But what about in Macau? Hasn't Crown launched a Casino there? Im no expert on the Asian gambling monopoly but i think there would be some sort of chance at launching something there exclusive to Crown?

People smarter than me and with more money than me can work out if it would be feasible in Crown's Australian casino's in regards to licensing costs and no doubt a massive TAB payout for the Casino's right to run its own book.
 

checkraiseulite

Norm Smith Medallist
Jul 23, 2010
5,762
4,140
AFL Club
Hawthorn
Will it mean no more best of 5? If I am not mistaken one of the '5' was the exchange starting price, migth be a bit tricky (though not impossible) for Beteasy to provide this.

What will happen to Best of 5?
Betfair will no longer offer Best of 5, though the strength of this product was regularly the Betfair Starting Price which is available on Australian thoroughbreds, harness and greyhound markets on the betting exchange. For more information about the Betfair Starting Price, head to sp.betfair.com.au.

Source: https://sportsbook.betfair.com.au/faq.html

the end of an era.
 

checkraiseulite

Norm Smith Medallist
Jul 23, 2010
5,762
4,140
AFL Club
Hawthorn
I don't have a BetEasy account (but will get one during the migration).

Do they payout the deposit bonus to VIC residents and is it worth getting it now on the assumption you won't get it for your first deposit post migration.
 
Aug 14, 2005
2,171
3,034
NoR
AFL Club
West Coast
Other Teams
lakers, nufc, subi, colts
yeah this hit home just then, thursday night ritual of checking the pick your own promos on betfair and there is nothing there. used to love the 50% quaddie bonus, sure you had to bet into unitab pools and not supertab but it was still good. now i have to hope centrebet or sporting have their 20% quaddie bonus.
 
Apr 12, 2010
14,674
23,284
Melbourne
AFL Club
Geelong
I don't have a BetEasy account (but will get one during the migration).

Do they payout the deposit bonus to VIC residents and is it worth getting it now on the assumption you won't get it for your first deposit post migration.

A friend joined and got 200 deposit matched. I joined with no deposit (caul cup freebie) and was then specially selected to get a deposit bonus. Both vic residents.
Hard to tell, they may have been beefing up promos to get a fat client list to sweeten the deal.

Worth a try now I recon.
 
Aug 14, 2005
2,171
3,034
NoR
AFL Club
West Coast
Other Teams
lakers, nufc, subi, colts
Sporting right on cue with a 20% quaddie bonus at flemington. I look forward to hitting 3 out of the 4 legs tomorrow
 

doncht

Debutant
May 9, 2014
78
1
AFL Club
St Kilda
Betfair in action again. Preying on smaller ones and afraid they might eat them in the future.
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