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Outcry from Winners: 1

Change is good in many situations but the latest announcement from Betfair has been hotly debated in the online casino gambling and betting industry. Bettors have not greeted the news of new premium charges with kindness – in fact hostility is a much better word for the new charges. The new premium charges at the site will not be felt by very many of the company’s loyal online bettors according to Betfair’s statement. In fact a mere 0.5 percent will be affected by the new charges according to the company’s statement – but the current outcry suggests that that 0.5 percent is a very vocal part of the company’s base of players.

Part of the problem with the announced premium increase comes from the fact that Betfair touts itself as an online betting company that openly welcomes winners. But the site’s winners are outraged at the fact that major wins on the Betfair site are now subject to a fairly hefty premium charge. One outraged winner went on to note that his premium payments on his winnings would have come in at five figures had the new policy been in effect over the past few weeks – that is just unacceptable according to the player. The player went on to remark that the Betfair online casino gambling group would be forced to change its advertising campaign to reflect the fact that Betfair winners “get screwed.”

While the mentioned online bettor is an extreme example of the situation at hand, Betfair’s new policy really has caught the internet casino and betting industry off guard.