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Outcry from Winners: 2

Some online casino gamblers though are in support of the new Betfair policy. The supporters are the internet bettors who don’t necessarily take home the big wins and would actually benefit if the major bettors left the company. Betfair has a virtual monopoly on the international online casino betting industry and that is what has angered the big bettors who have few other viable choices. But the true bettors – who win some bets and lose others will not be affected by the new premium.

One blogger on summed up the benefit to some online gamblers – “I'm a gambler, so the way I bet, it won't make a difference. The people who will be screaming will be the math professors with computer models, the ones who just never lose. If they clear off, it should be even easier for me to make money.”

Even though there is some support though in the online casino gambling industry the support is for selfish reasons, not because the new premium is considered a positive new industry standard. Really, the opposition to it all comes from the fact that online casino gamblers feel that the newly announced policy defies all of the company ethos and business practices up until this point. Betfair is an organization developed by punters and for punters and the new premium charges are far from acceptable and standard industry policy.

Additionally, the premium charges resemble income tax in a way and could set a dangerous precedent for the online casino betting industry. If Betfair begins to charge these new fees, and it works, the company has just given the government an effective system for perhaps taxing winnings.