Sport is made for betting

On the day Betfair officially announced their intention to list on the London Stock Exchange, one of the two original founders of the firm, and the one responsible for the idea, Andrew Black, has resigned from the board of Betfair. He made it public on Facebook. This doesn't come as a surprise at all, 'Bert' had admitted some time ago that he was advised to step away from Betfair totally, otherwise he'd forever be getting frustrated with its direction now that he was no longer involved in the firm on a day-to-day basis. Now he can just sit back and enjoy what it has done to his bank balance. Well done Bert.

If you don't know much about these two companies, then you've probably only been a customer of bookmakers rather than work for them. BettorLogic is a rather sophisticated database of sporting stats, predominantly football, but they do cover other sports (rugby, golf, cricket, tennis) from time-to-time. The FormLabs product is brilliant - you can run queries such as "how does this team go when 0-1 at home after 63 minutes against teams in the bottom 6?" etc - but the layout is quite daunting the first few times you use it. SportRadar (also known as BetRadar) supply a service to bookmakers which alerts them if they list a game with the incorrect start time, or the odds move in a big way etc. Very useful in this era when bookies cover sport around the globe, most of which they will never ever see on TV. This week at the BetMarkets conference in Vienna, a partnership between the two companies was announced. Read the article from RecentPoker Very interesting to note that...