Casper93

[Casper93 @CCasper93]

@chrisgambler247 @ShamHiggins1 @racingoncourse Is that correct Chris? Betting shops in the UK do still have FOBTs restricted to £2 a spin, no?

[Casper93 @CCasper93]

@irishsportsguru Paddy Power isn’t an Irish bookmaker anymore. It’s part of a global NYSE-listed business.

GAA doesn’t scale beyond Ireland and Irish expats. If you’re allocating trading resource, do you invest in GAA or a sport with global reach?

Different business, different priorities.

[Casper93 @CCasper93]

@chrisgambler247 Do you know if the proceedings this morning are being live-streamed anywhere, Chris?

[Casper93 @CCasper93]

@bazapeps @AndyRobsonTips @Betfred @paddypower Customised hyperlinks allow Flutter to track each bet that comes from Fanwave, with Fanwave getting a small % of the net of each loser I'd suspect. Fanwave would have direct communications on slack with Flutter traders to agree on which bets they should push.

[Casper93 @CCasper93]

@freddy6T6 To get around ridiculous legalisation that doesn’t suit punter or operator.

[Casper93 @CCasper93]

@DivineTrading @chrisgambler247 @leemyrtown No - sportsbook only. Stake factor per customer. New accounts start at 1.0 = 100% of the market limit (e.g. €500 max bet on €500 lay to lose). Restricted users drop to fractions (0.5 → 0.01 → 0.001, <1%). Recreational/VIP users can go above (2x–5x, up to 30x).

[Casper93 @CCasper93]

@bazapeps Fan wave digital, paid a % of loses.

[Casper93 @CCasper93]

@chrisgambler247 I doubt it. Exchanges never catered to the mass-market players — singles-only limits appeal. Pulling core FanDuel/DraftKings customers would cost prediction markets billions in promos. And if the US goes down the affordability route, it’s game over. Flutter wins long term.

[Casper93 @CCasper93]

@BetOnRyaner @TempletonPeckJr The market looks like it’s overreacting to prediction markets.

If they evolve anything like exchanges did in the UK & Ireland, they won’t meaningfully threaten recreational sportsbook play.

DraftKings results tonight should give us a clearer read on Q4 performance.

I’m long.

[Casper93 @CCasper93]

@racingblogger Try Lovinspoon on Fredrick St North next time, 10x better than that, and half the price.

[Casper93 @CCasper93]

@GinleyBetting They’ve been betting these to around 203% for well over a year now. If recreational customers will take the prices, there’s little incentive for them to change, and it reduces the risk-management overhead on their side. Still, it’s a complete piss-take.

[Casper93 @CCasper93]

@TempletonPeckJr The exchange still has its old problem: most customers want high-priced, high-return bets for the dopamine hit, not low-stake singles. And the exchange model is still too complex for the mass market. So it’s unlikely to be the answer here either.

[Casper93 @CCasper93]

@TempletonPeckJr Most recreational punters will stay within a £500 monthly deposit limit — average stakes are ~£10–15, so 90% won’t hit the threshold that triggers compliance checks. That keeps costs low for operators, as only small subsets pushing beyond that need manual review.

[Casper93 @CCasper93]

@TempletonPeckJr Risk management costs fall too, and your pricing models don’t need to be razor-sharp, so quant resource can be reduced too. It becomes about maintaining broad market coverage, high-margin pricing, delivering a smooth UX, and facing less competition. Let’s see how it plays out

[Casper93 @CCasper93]

@TempletonPeckJr From Flutter’s perspective, the model drives cost savings. With less customers falling into the high risk compliance bucket, compliance costs drop. If you’re mainly focusing on recs losing — £500 a month at the very top end — you’re not generating the same regulatory workload.

[Casper93 @CCasper93]

@TempletonPeckJr As margins rise, punters end up spending more to win less. That 33/1 bet builder is now 22/1, so over time you’re staking more for a lower return. For football-led customers, that matters — a smaller bankroll means less to recycle into other products.

[Casper93 @CCasper93]

@DizzyJB @chrisgambler247 https://t.co/QffoNKArsy I've held that view for some time. Competition is being squeezed out due to high costs, leaving the big operators to hoover up the recreational market while offering crazy high overrounds across most sports. Let's see how it plays out.

[Casper93 @CCasper93]

@chrisgambler247 Big operators actually prefer high compliance and top-down directives — fewer rivals, fewer sharps, and more recs to hoover up. And their major shareholders also own big media, yet never shift the narrative. Tells you all you need to know.