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Stephen Morana`s (BF Financial Director) view of his customers....

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Replies: 689
By:
houchy
When: 08 Jul 11 14:05
Todays shreholder forum comments -http://www.iii.co.uk/investment/detail?code=cotn:BET.L&display=discussion&it=le
By:
askari1
When: 08 Jul 11 15:56
FATH, you get more out of losers and modest winners by increasing the comm. base rate on selected markets or by introducing more steps on the comm. ladder, wh/ wd have no effect either on v. big players or small recreational flutterers.

I wd not surprise me if there are plans afoot to do either of these.

What David Yu actually said was that he was looking to improve the company's margins (he may just have meant they wd be spending less e.g. on advertising) and that he also wanted to take more of the betting funds of his customers.

(In my case, at the moment he gets all of my arbing money, some trading positions but only a tiny fraction of my outright bets--as his prices just aren't good enough. I cd give you six or seven horses at the Newmarket July meeting, inc. the winners of the first three races, who never traded on bf at the prices advertised and available in the shops in the morning or evening before.)
By:
Duncan Disordorli
When: 09 Jul 11 09:10
Ok last post on here for me.

Clearing the account after this weekend of every penny and genuinely hope never to darken Betfair`s doors again. Like most defectors we can only hope that purple has the ability to accommodate us..they will never have a greater chance of becoming number one. It would be comforting to imagine that Betfair will realise after July 18 what a rick they have made and welcome us back with a restructured commission scale that enables us to rethink but that is pie in the sky. The charge is set in stone, and watch out losers and under 250K winners the net will be closing, mark my words.

Admit to a certain sadness that after 10 years here I have virtually been shown the door as I`m sure many others are. Unimaginable to those like me that were there at the start with Flutter and Betfair open in two windows and helped make this place become what it has done only to see the dreaded word `flotation` become inevitable...and its obvious implications for all of us winner or loser.

Thanks and good luck to all who contributed to this thread..so much wisdom, so much input, so much pure common sense...shame on Betfair for not heeding a single word.

DD
By:
Feck N. Eejit
When: 09 Jul 11 09:15
Why this weekend rather than next Duncan? Does the charge apply to next week's profits?
By:
Johnny Fontaine
When: 09 Jul 11 09:16
See you in the new world DD

God bless you my friend
By:
Duncan Disordorli
When: 09 Jul 11 09:27
Thank you Johnny...appreciated.

Feck..no, just going away for a week`s holiday but it will start before my return.
Be lucky..will get in touch and see if we can organise that drink with Sporty.
By:
Feck N. Eejit
When: 09 Jul 11 09:56
Duncan, did you see the General betting summer drinks thread? Are you and sporty in your winter retreats by the time that Hamilton meeting comes round?
By:
Duncan Disordorli
When: 09 Jul 11 10:44
Still in Glasgow Feck....will speak to Sporty.
I`ll put my name down..should be a runner.
By:
par
When: 09 Jul 11 15:21
I take it you know Jas Boy Duncan ?
By:
pmbets
When: 10 Jul 11 16:16
Oh crumbs.
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