1st of December 2009 Author: Natalie Stephanopoulos
Charity Challenge illustrates the 67 percent advantage of playing a private company vs. a state monopoly
Betfair's Right2Bet campaign for an even playing field in European gambling is currently promoting a Charity Challenge that has a real sting in the tail - not only does it raise money for charity; it dramatically illustrates the better returns achievable by betting with private companies rather than state monopolies.
The challenge picks a weekly football match anywhere in Europe and then finds the prices offered by the state monopolies (the only operators available to punters in these countries) and the best price from a private operator (which can be taken by customers from any other E.U country, such as Britain or Ireland), then places a 'bet' at these prices with each operator on the winning outcome. The difference between the best commercial price and worst state operator is then added to the charity kitty, which will be donated to a worthy charity come the end of the season.
The idea is to highlight the large difference in achievable winnings between the private commercial companies and State monopoly firms... and so far the difference is looking rather bigger than even the campaigners could have imagined.
In the last three rounds it demonstrated that winners with German Operator Lotto-Bayern could have enjoyed winnings 67 percent greater had they placed their bets with the commercial companies!
In addition to the Charity Challenge, the campaign's site – available at www.right2bet.net - features the latest news and views from the European deregulation campaign, the chance to directly e-mail your local M.E.P, and light-hearted items such as the 'poetry corner'.
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