New Posts For Thread: Steven Morana defends BetFAIR and says future is brighthttps://community.betfair.com/general_betting/go/thread/view/94082/28300097/steven-morana-defends-betfair-and-says-future-is-brighthttp://www.egrmagazine.com/features/1696157/qanda-stephen-morana-cfo-betfair.thtmlQ&A: Stephen Morana, CFO, Betfair 22/09/2011Interview by James Bennett eGaming Review (eGR): Why has the share price taken such a hammering since you listed? Stephen MoAnyone have any estimates of how much that 0.1% difference earns them?https://community.betfair.com/general_betting/go/thread/view/94082/28300097/steven-morana-defends-betfair-and-says-future-is-bright?post_id=507333563#507333563Anyone have any estimates of how much that 0.1% difference earns them?Thu, 29 Sep 2011 02:32:14 -0500They did say that yes, I think they gave the number at 3.1x or sohttps://community.betfair.com/general_betting/go/thread/view/94082/28300097/steven-morana-defends-betfair-and-says-future-is-bright?post_id=507312997#507312997They did say that yes, I think they gave the number at 3.1x or soWed, 28 Sep 2011 14:34:23 -0500They actually said it was bigger than 3?https://community.betfair.com/general_betting/go/thread/view/94082/28300097/steven-morana-defends-betfair-and-says-future-is-bright?post_id=507269405#507269405They actually said it was bigger than 3?Tue, 27 Sep 2011 15:15:19 -0500Bf said that the actual weighted average of commission generated taking into account counterparties' comm. rates was something like 3 point something e.g. 3.225, but this was too confusing and that bettors wd appreciate the simplicity of 3%.Obviouslyhttps://community.betfair.com/general_betting/go/thread/view/94082/28300097/steven-morana-defends-betfair-and-says-future-is-bright?post_id=507251051#507251051Bf said that the actual weighted average of commission generated taking into account counterparties' comm. rates was something like 3 point something e.g. 3.225, but this was too confusing and that bettors wd appreciate the simplicity of 3%.ObviouslyTue, 27 Sep 2011 07:36:33 -0500I wonder if the 3% used for implied would change if 2.25-5.25 were introduced. Never seen anything to justify the 3%, has anyone else?https://community.betfair.com/general_betting/go/thread/view/94082/28300097/steven-morana-defends-betfair-and-says-future-is-bright?post_id=507232925#507232925I wonder if the 3% used for implied would change if 2.25-5.25 were introduced. Never seen anything to justify the 3%, has anyone else?Mon, 26 Sep 2011 17:29:36 -0500Plugging leaks in profits is one thing but scouring every source of extra income is quite worrying and I would agree totally with Mythical princes statementhttps://community.betfair.com/general_betting/go/thread/view/94082/28300097/steven-morana-defends-betfair-and-says-future-is-bright?post_id=507225709#507225709Plugging leaks in profits is one thing but scouring every source of extra income is quite worrying and I would agree totally with Mythical princes statementMon, 26 Sep 2011 14:40:33 -0500I doubt the average punter will even care or notice about paying an extra .25 or a percentage point in commission.we hear these doom and gloom stories about people jumping ship to **** all the time. I personally don't see it happening, and the fact thttps://community.betfair.com/general_betting/go/thread/view/94082/28300097/steven-morana-defends-betfair-and-says-future-is-bright?post_id=507224291#507224291I doubt the average punter will even care or notice about paying an extra .25 or a percentage point in commission.we hear these doom and gloom stories about people jumping ship to **** all the time. I personally don't see it happening, and the fact tMon, 26 Sep 2011 14:04:52 -0500There are products we can throw on which will add significant value to usIt's unfortunate that betfair's track-record on new product hasn't been great (somewhere, a pixelated vet put down several pixelated horses leaving pixelated blood on betfair'shttps://community.betfair.com/general_betting/go/thread/view/94082/28300097/steven-morana-defends-betfair-and-says-future-is-bright?post_id=507219729#507219729There are products we can throw on which will add significant value to usIt's unfortunate that betfair's track-record on new product hasn't been great (somewhere, a pixelated vet put down several pixelated horses leaving pixelated blood on betfair'sMon, 26 Sep 2011 12:12:04 -0500ballabriggs, that wd surely be disastrous for them.It wd result in a FAR greater leak to their exchange competitor than just shooing away pc winners.In fact, if they effectively exile the small value players (wh/ will take 3-4 weeks if these people ahttps://community.betfair.com/general_betting/go/thread/view/94082/28300097/steven-morana-defends-betfair-and-says-future-is-bright?post_id=507216971#507216971ballabriggs, that wd surely be disastrous for them.It wd result in a FAR greater leak to their exchange competitor than just shooing away pc winners.In fact, if they effectively exile the small value players (wh/ will take 3-4 weeks if these people aMon, 26 Sep 2011 10:59:35 -0500strong rumor of shift from 2 to 5%, up to 2.25 to 5.25%.Hahahahahaha. Can anyone name any other internet service that isn't cheaper now than 10 years ago? Scary thing is that I don't feel 100% confident that it's a false rumor.https://community.betfair.com/general_betting/go/thread/view/94082/28300097/steven-morana-defends-betfair-and-says-future-is-bright?post_id=507216927#507216927strong rumor of shift from 2 to 5%, up to 2.25 to 5.25%.Hahahahahaha. Can anyone name any other internet service that isn't cheaper now than 10 years ago? Scary thing is that I don't feel 100% confident that it's a false rumor.Mon, 26 Sep 2011 10:58:36 -0500