New Posts For Thread: IS IT TIME FOR BETFAIR TO CLOSE THE SPORTSBOOK?https://community.betfair.com/general_betting/go/thread/view/94082/30074299/is-it-time-for-betfair-to-close-the-sportsbookThe results are in for the first quarter after the sportsbook took the exchange off the Betfair front page.Q1 FY14 Revenue £4.0mQ1 FY13 Revenue £3.4mSo revenue is up £600,000 for May, June and July on the previous year.To achieve this Betfair havei should have said effective advertisinghttps://community.betfair.com/general_betting/go/thread/view/94082/30074299/is-it-time-for-betfair-to-close-the-sportsbook?post_id=536325183#536325183i should have said effective advertisingTue, 05 Nov 2013 17:10:23 -0600.Advertising is the key to a healthy betting outfit .-----------Virtually all their advertising has been thrown at the sportsbook for a while now, which is what makes the actual absolute revenue figures from it so unimpressive. Even advertising thathttps://community.betfair.com/general_betting/go/thread/view/94082/30074299/is-it-time-for-betfair-to-close-the-sportsbook?post_id=536319801#536319801.Advertising is the key to a healthy betting outfit .-----------Virtually all their advertising has been thrown at the sportsbook for a while now, which is what makes the actual absolute revenue figures from it so unimpressive. Even advertising thatTue, 05 Nov 2013 12:00:48 -0600i'm clearly no expert ,but i'm trying to see this from a laymans angle and not a pro punterhttps://community.betfair.com/general_betting/go/thread/view/94082/30074299/is-it-time-for-betfair-to-close-the-sportsbook?post_id=536319591#536319591i'm clearly no expert ,but i'm trying to see this from a laymans angle and not a pro punterTue, 05 Nov 2013 11:49:24 -0600is,they hopehttps://community.betfair.com/general_betting/go/thread/view/94082/30074299/is-it-time-for-betfair-to-close-the-sportsbook?post_id=536319573#536319573is,they hopeTue, 05 Nov 2013 11:48:35 -0600revenues is a tough one to call since there is huge money on the exchange -but i know you realise that most of this volume is from a limited number of heavyweight players . the sportsbook on the other hand is they hope going to find an upward curve whttps://community.betfair.com/general_betting/go/thread/view/94082/30074299/is-it-time-for-betfair-to-close-the-sportsbook?post_id=536319551#536319551revenues is a tough one to call since there is huge money on the exchange -but i know you realise that most of this volume is from a limited number of heavyweight players . the sportsbook on the other hand is they hope going to find an upward curve wTue, 05 Nov 2013 11:47:32 -0600coach - according to my understanding of the last set of quarterlies, YOY growth in exchange revenues equalled approximately 1% of total group revenues - the vast majority of which still came from the exchange. given what they've thrown at the sportshttps://community.betfair.com/general_betting/go/thread/view/94082/30074299/is-it-time-for-betfair-to-close-the-sportsbook?post_id=536317023#536317023coach - according to my understanding of the last set of quarterlies, YOY growth in exchange revenues equalled approximately 1% of total group revenues - the vast majority of which still came from the exchange. given what they've thrown at the sportsTue, 05 Nov 2013 09:27:16 -0600Henok I guess the exchange will always be somewhere wilting in the background maybe in the hope the exchange will be allowed back in those banned territories ,but they will be stomping ahead with this Sportsbook now surely- they are after thosehttps://community.betfair.com/general_betting/go/thread/view/94082/30074299/is-it-time-for-betfair-to-close-the-sportsbook?post_id=536292573#536292573Henok I guess the exchange will always be somewhere wilting in the background maybe in the hope the exchange will be allowed back in those banned territories ,but they will be stomping ahead with this Sportsbook now surely- they are after thoseSun, 03 Nov 2013 14:40:50 -0600you are very pessimistic about the exchange . i think the exchange concept is here to stay. this is simply because it is the only gambling system that can offer better value for gamblers efficiently. and there would always be gamblers who will be loohttps://community.betfair.com/general_betting/go/thread/view/94082/30074299/is-it-time-for-betfair-to-close-the-sportsbook?post_id=536290473#536290473you are very pessimistic about the exchange . i think the exchange concept is here to stay. this is simply because it is the only gambling system that can offer better value for gamblers efficiently. and there would always be gamblers who will be looSun, 03 Nov 2013 12:51:35 -0600I very much hope i'm wrong .https://community.betfair.com/general_betting/go/thread/view/94082/30074299/is-it-time-for-betfair-to-close-the-sportsbook?post_id=536290329#536290329I very much hope i'm wrong .Sun, 03 Nov 2013 12:41:06 -0600Viva -i need to have an in depth look at the markets - so far as the popular markets are concerned ,the prices were very comparible to B365 (which is nothing to shout about i know ,but they are BFs potential rivals and very successful to boot) The exhttps://community.betfair.com/general_betting/go/thread/view/94082/30074299/is-it-time-for-betfair-to-close-the-sportsbook?post_id=536290319#536290319Viva -i need to have an in depth look at the markets - so far as the popular markets are concerned ,the prices were very comparible to B365 (which is nothing to shout about i know ,but they are BFs potential rivals and very successful to boot) The exSun, 03 Nov 2013 12:40:11 -0600