I am so worried about your killfile.
A threat to football ... 415Yes, the following represents a true threat to football: Are Organized Crime Gambling division interests orchestrating this weird series of England failures at the World Cup for the past 3...
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15th November 2001 - issue 8 1. Introduction
Intrade.com is the new p2p site owned by Queensland Press, an buttociated company of News International, and therefore forms part of the Rupert Murdoch empire. Whilst Intrade facilitates the placing of sports bets between two individuals, which they call sports trading , its approach is so radical and so far removed from the traditional idea of sports betting that the comparisons end there. Like the now defunct Play2match, Intrade have taken the concept of sports betting and put it into a futures trading market framework. This creates a whole new gambling experience and it will be interesting to see if Intrade can make this succeed where Play2match failed.
Rather than water down their product so that it will appeal to the wider gambling public, Intrade have remained true to their vision of replicating the futures market as closely as they can in a sports event context. They have come up with a very sophisticated and specialised product that will surely appeal to those with a city trader background. As these people are renowned for their betting activities and their huge salaries and bonuses if they can corner this market, Intrade will have secured an excellent business. The downside of this is that by creating a site with "all the sophistication of the worlds largest trading exchanges", Intrade have by definition created a site which may be daunting and unfamiliar to anyone from outside this background. =================================================
John
