IAS international all sports limited

re: the companies fine, stocks not so k_p"Bookies make a bucket...

  1. 2,572 Posts.
    re: the companies fine, stocks not so k_p

    "Bookies make a bucket load of cash alway have, they make substansian money because they take the risk of loss. Look at the TAB, Makes a motsa!! Look at Betfair Doing even better!! "

    WRONG . . . TAB makes a profit on every bet it holds. It takes out it's % from the invested pool & then divides the residual by the number of winning tickets . . . NO RISK
    Betfair charges a facilitation fee . . . again NO RISK

    IAS is a bookmaking business . . . . ie it backs its opinion against the opinions of its clients . . . . so RISK is involved.

    It's falacious to imply that IAS is comparable to TAB or BetFair

    As for it being no harder to withdraw than to deposit . . . . BS . . . BS . . . BS . . . from personal experience
 
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Currently unlisted public company.

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