|
|
Ans: Due to disclosed financial information of many listed bookmakers at WOSB.com the ratings of bookmakers are divided into three groups:
1 Companies that are listed on the stock exchange.
2 Companies that are privately owned but who issue yearly financial reports.
3 Companies with no information available for the public about their financial status.
Groups 1 and 2 are always listed above group 3. Group 1 bookmakers are rated based on their stock value. Group 2 Bookmakers are rated based on their turnover. Group 3 bookmakers are rated based on three proxies, due to their lack of public financial information:
· Incorporated Since
· Traffic Ranking
· Other Review Site Ratings
|
|
|
Ans: We believe that the best measure is to rate according to company market value. The reason being that contrary to non-public companies informing shareholders of financial status is mandatory for public listed companies. Another reason for using the listed companies as a measurement for the security of the company is based on an often used Economic Theory. It is assumed that the market value of a company is a function of all information available to the public. This means that every little piece of information is gathered and interpreted about the company; the accumulative sum of this information gives the market value. Because these companies are listed on the stock exchange they also often show a larger social awareness.
|
|
|
Ans: The date of incorporation, that is when the company legally was founded. A high rating is given to the company that has been incorporated for the longest time. The rationale behind this is that a company with a long history has demonstrated it's commitment to paying winnings to the customers. Furthermore the companies establish a steady income from loyal customers and hence are less likely to go bankrupt. If a bookmaker is acquired by another company this changes the incorporated since date to the acquiring company's incorporated since date.
|
|
|
Ans: Number of years and days the bookmaker has been in business compared with the other companies. A high rating is given to the companies incorporated the longest time.
|
|
|
Ans: Alexa.com, owned by Amazon.com, ranks all web sites. The traffic rank is based on three months of aggregated historical traffic data from millions of Alexa Toolbar users and data obtained from other, diverse traffic data sources. Traffic Rank is a combined measure of page views and users.
|
|
|
Ans: Traffic Rating is based on Alexa.com rank, where the highest rank results in the highest rating. Remember the Alexa Rank is somewhat opposite the WOSB Rating. At Alexa the web site with the largest traffic gets the lowest numeric rank. So for example Yahoo.com is ranked as nr. 1.
|
|
|
Ans: We are not the only review site on the Internet. We have identified a number of other respectable review sites. The main downfall with these sites are that they do not offer much transparency about how they have reached their ratings. This makes it difficult to ensure that the rating is unbiased. The inclusion of this factor in our rating should be seen as a second opinion. The transparency on our web site would always ensure that you can see why our rating differs from other review sites. All review sites, WOSB included, have the same mission: to help customers from choosing rogue companies. The main difference is that our product allows the user to find the company that suits his or her preferences. If a company owns several betting brands the average rating is used to rate the company as a whole.
|
|
|
Ans: This is a weighted average of the ratings given by the review sites.
|
|
|
|
Ans: A company’s legal name is the name registered at the authorities. Betting companies mostly go by their brand name, for example 10bet or 10bet.com.
|
|
|
Ans: If the betting company is owned by a larger enterprise we will inform about the corporate name of this company. This allows you to easily find more information about this company.
|
|
|
Ans: Some companies have a corporate web site where you can read about the company behind the betting site. You can here find information about what other activities the company has.
|
|
|
|
Ans: A betting license is required to legally offer online betting. It is important where the company has obtained it's betting license. For some European countries betting is only considered tax free if the betting company has a license in a EU membership country (UK, Malta). For Alderney, Gibraltar and Isle Of Man you will have to check other resources, there are a lot of discussions back and forth as to whether income is tax free from these jurisdictions.
|
|
|
Ans: This is a list of betting, poker or casino brands that are owned by the same parent company. In a few cases this means that you are not entitled to all sign up promotions.
|
|
|
Ans: If a company is listed on the stock exchange it is possible to invest money in this company. These companies are obliged to make public financial reports which may produce good knowledge of the company.
|
|
|
Ans: The ISIN code is an abbreviation for "International Securities Identifying Number", which is an unique identification number for a security (stock). Yahoo has an tool that easily helps you find any stock on a very large amount of stock exchanges.
http://uk.biz.yahoo.com/quote_lookup.html
|
|
|
Ans: This is another way to find stock on either Google Finance or Yahoo Finance. The code is unique for the company in question.
|
|
|
Ans: This is the revenue in EURO given in the latest Financial Report (yearly). This figure is not the total sale or total bets made. The revenue is calculated as:
Total bet value - customer winnings = Revenue
|
|
|
Ans: This is total value of the company and is calculated by:
Number of shares * share price = Stock Value
|
|
|
Ans: Financial Reports are statements issued by the company at least once a year. Some companies issue Financial Reports every quarter. The link given directs you to the site where you can download the reports.
|