Let’s stop exchanges going the same way as the Jitney

14/03/2016 | By | Reply More

I’ve just been watching a TED talk and the story about the Jitney bus. It follows on with other peer to peer talks. Watch it here: –

https://www.ted.com

It’s similar to a story I told about horseless carriages to an MP a few years ago. People tend to see innovations as a threat and not an opportunity. That is until such time as more liberal regime pops up and destroys them! Establised systems need not worry about cannibalising their own customers, more nimble, hungry competitors will do that nicely thanks.

I further illustrated the point by asking for a pen and then asking the individual why they were not using stone tablet.

Let’s face it, betting exchanges, whatever angle you come from; are a far better way of betting. Losers, lose much less on an exchange and not only that, it’s not to a corporation who will dissuade you from winning. You can win on an exchange. It’s a much better solution.

Tell people about it!

1914_SM_Take_Me_Out_In_a_Jitney_Bus_1_sml

Tags: , , ,

Category: General

About the Author ()

I left a good job in the consumer technology industry to go a trade on Betfair for a living way back in June 2000. I've been here ever since pushing very boundaries of what's possible on betting exchanges and loved every minute of it.

Leave a Reply

You must be logged in to post a comment.

Hypersmash.com