Here We Go Again

I see that the trader known as 'The Polish Trader' is having another go at 'promoting' Betdaq. I confess, I am at a loss as to the reason why it is felt this attempt will work, when the previous one failed.

Whilst the aims are laudable, i.e. promoting the use of Betdaq in an attempt to make it a viable alternative to Betfair, surely this is something that Betdaq should be doing?

The plan is to have a concerted move across to Betdaq on the 21st of January, initially for a two week period. Those who plan to do so, should 'sign-up' on the aforementioned site. I for one will not be doing so for the following reasons:

1. I already use and promote Betdaq. I use them as much as possible where the market allows. I do not need a concerted effort to move across.
2. I'm reluctant to get involved in a website that claims to be promoting one thing, yet litters every page with affiliate links. It's for this reason that I will not put a link to the site on my blog. It is hard to believe there isn't an ulterior motive.
3. I honestly think the premise is fundamentally flawed. Those that are hacked off with Betfair's Premium Charge are being encouraged to defect. No purpose would be served by successful traders moving to Betdaq. It's the vast majority of losing punters that need to make the move, but by definition, the PC doesn't affect them so why should they bother?
4. I make most of my cash in the greyhound markets. Those markets are dead on Betdaq. Most folk who might make the move are, in my opinion, likely to be horse traders.
5. Software issues make me reluctant to be in the vanguard of any such move. I could use the Betdaq Trader software, but can I afford to take the time out to learn how to use it efficiently?

So, I won't be signing up and I won't be joining, what I suspect to be, a damp squib come the 21st of January. I'll continue to use both exchanges for my trading/betting, giving Betdaq as much of my business as possible, without compromising my income.

That's the way any sensible trader will work, both in the short and long term.

Now, on to today's trading...

I had a very satisfactory day making slow and steady progress right from the start of proceedings. I traded a total of 71 greyhound races today, losing 9 of them at a cost of £11.44. Half of that was taken up by just 2 races. The rest I either scratched or earned a profit resulting in me adding £62.57 to the pot. This keeps me well on target for the month.

More of the same tomorrow will do nicely.

7 comments:

Drifter said...

Hi Alistair

I am afraid that I have to agree with you. I for one would love to trade just on Betdaq and have given it a good go (about 3 months) but it just doesn't have the liquidity. Therefore I am currently using Betfair for most of my trading. Like you I have deleted such comments as last time I went to the site I got the impression that the only cause being campaigned for was an increase in the Polish Trader's bank balance.

Drifter

Alistair said...

Drifter, there's absolutely no need to be afraid of agreeing with me :-).

Whatever the intentions, I believe it is Betdaq that should be doing more to bring in new punters and pull existing ones away from Betfair. It is clear they are not doing enough.

Undoubtedly, the introduction of the premium charge caught Betdaq on the hop. I get the impression that they were, and still are, happy with their lot. As a result, I doubt even they have the drive and desire to attract new punters/traders in significant numbers.

Alistair

Dariusz said...

you just dont get the point do you? By signing and promoting the website you could not possibly harm Betdaq. By not signing and writing these negative comments you did.

Plus, How on earth can me having a couple of adverts on the bottom of the website affect your decision whether to spend 20 seconds signing to a list which could help Betdaq? Nobody told you to open any accounts. You could do it. But didnt have to. So why are you picking so much on it?!?! But even tho, lets say I would make these pennies out of the adverts (less than what I make trading in a week if even 100 people signed in).

I would love to prove you wrong and make my website a success, however, I am in an exam term and have limited time for promotion.

But after seeing your results I think I know why you are not so interested in Betdaq. You simply make pennies and will never pay any decent PC. Anyway enjoy wasting your time on your "trading". To motivate you I must tell you that a full time student spending less than 20h a week on his trading makes at least 4 times (in a month of course) what you made in your best month ever... good "trading".

Dariusz said...

In response to your post at Bet Your Life Sports "Trading" blog:

you just dont get the point do you? By signing and promoting the website you could not possibly harm Betdaq. By not signing and writing these negative comments you did.

Plus, How on earth can me having a couple of adverts on the bottom of the website affect your decision whether to spend 20 seconds signing to a list which could help Betdaq? Nobody told you to open any accounts. You could do it. But didnt have to. So why are you picking so much on it?!?! But even tho, lets say I would make these pennies out of the adverts (less than what I make trading in a week if even 100 people signed in) wouldnt it be fair for all my time and effort to organize the website? think about it.

I would love to prove you wrong and make my website a success, however, I am in an exam term and have limited time for promotion.

But after seeing your results I think I know why you are not so interested in Betdaq. You simply make pennies and will never pay any decent PC. Anyway enjoy wasting your time on your "trading". To motivate you I must tell you that a full time student spending less than 20h a week on his trading makes at least 4 times (in a month of course) what you made in your best month ever... good "trading".

Alistair said...

Dariusz,

One of the reasons I did not post your original comment, was that you made it more than once. I was prepared to accept that as an oversight on your part, but now you've gone and done it again. I'd argue that that was spamming.

In this case however, I've posted both copies of your latest comment in order to illustrate my point as well as publicly respond to it's content.

"you just don't get the point do you?" - I do indeed get the point. Further, I would argue that it is YOU that doesn't. The signing or not signing of your website will have no effect on Betdaq whatsoever. If punters want to move to Betdaq, they'll do so, without having the prerequisite of signing your site first.

I think you are somewhat deluded if you think that my posts will influence whether users move to Betdaq or harm Betdaq in anyway. They may cause people to think twice about signing your website, but that's another matter. I'm sure they'll make their own minds up.

"How on earth can me having a couple of adverts on the bottom of the website affect your decision whether to spend 20 seconds signing to a list which could help Betdaq?" - I think you have a few more than "a couple", but that's beside the point. The point is me spending 20 secs or 20 hours signing your website, doesn't matter. It won't help Betdaq one bit. Neither will me not signing it harm them.

"Nobody told you to open any accounts" - Yes they did. YOU DID! Requests to open accounts and click on the affiliate links are plastered all over your site. The second paragraph of the headline article entitled "Join Us" specifically makes a point of doing so.

"But even tho, lets say I would make these pennies out of the adverts (less than what I make trading in a week if even 100 people signed in) wouldn't it be fair for all my time and effort to organize the website? think about it" - Fine, I have no problem with that. What I object to is you asking me to promote your site on mine - and by definition, your affiliate links. If these links only produce pennies, then I challenge you to remove them. Take an altruistic standpoint. After all, you're meant to be doing this for the benefit of Betdaq.

"I would love to prove you wrong and make my website a success, however, I am in an exam term and have limited time for promotion" - You've just contradicted your last statement. I thought you needed the affiliate revenue to compensate for all your hard work and time spent on the website. Personally, it is no skin off my nose whether your site is successful or not. It's measure of success is not for me to decide, but good luck with it.

"But after seeing your results I think I know why you are not so interested in Betdaq. You simply make pennies and will never pay any decent PC" - Is there such a thing as a decent PC? I've already stated in the past that I believe it is the smaller fish that will benefit from a move, rather than the bigger ones. If you had read my original article, perhaps you wouldn't have made such a comment.

"Anyway enjoy wasting your time on your 'trading'" - It is my time to waste, and you have no right to criticise how I waste it.

"To motivate you I must tell you that a full time student spending less than 20h a week on his trading makes at least 4 times (in a month of course) what you made in your best month ever... good 'trading'" - That statement doesn't motivate me in the slightest. Indeed, I find it somewhat childish. Comparing our trading incomes is completely irrelevant. We could fire off salvos of life comparisons to each other, but I won't get involved in such puerile behavior. I will, however, give you one piece of advice for future reference.

I realise English is not your native language, so I'm willing to give you the benefit of the doubt in this instance, but if you wish to persuade someone and bring them round to your point of view, try and avoid insulting them when they do not agree with you.

Resorting to such abuse, simply demonstrates that you've lost the argument.

So, I'll finish off by reiterating once again that I will NOT be signing your website. I see no point in doing so though others are free to do what they will. I will continue to use Betdaq, in conjunction with Betfair, as I have been doing as well as promote it when and how I see fit.

As far as I am concerned, that is the matter closed.

Drifter said...

Hi Alistair

Great comment. I had exactly the same comment on my site. How does this guy expect to be taken seriously when he resorts to saying he knows somebody that makes more money. As if this will make people change their mind.

Have a good day trading.

Drifter

Alistair said...

Your not the only one to say that Drifter. Thanks for the support.

You have a good day wasting your time as well.

Alistair