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JLivermore
12 Dec 12 13:47
Joined:
Date Joined: 14 Mar 12
| Topic/replies: 287 | Blogger: JLivermore's blog
on the announcement of changes to the pricing structure today/tomorrow
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Report pumpkinslayertoo December 12, 2012 2:59 PM GMT
Have you had a phone call?
Report JLivermore December 12, 2012 4:24 PM GMT
nope, no inside information
Report viva el presidente! December 12, 2012 4:27 PM GMT
what gives JL?
Report JLivermore December 12, 2012 4:47 PM GMT
I would have been looking for good odds...  this is just an outside chance, BUT:

Last change in PC was announced on 29/6/2011, the same day as Betfair PLC preliminary earnings announcement
Tomorrow is their half year update.
They have a new CEO who may want to make some changes
I also have a hunch that Betfair might not be making quite as much as they expected from PC3

If nothing tomorrow then either Q3 or Q4 may reveal more.
Report sweetchildofmine December 12, 2012 4:51 PM GMT
surely you arent suggesting a PC4  Surprised
Report viva el presidente! December 12, 2012 5:09 PM GMT
6/1
Report Deltâ December 12, 2012 5:14 PM GMT
7.2/1
Report JLivermore December 12, 2012 5:14 PM GMT
you were never going to make a price I would take once I told you my reasoning.
Report 1.01 Layer December 12, 2012 6:22 PM GMT
laying 1.01 that charges go up would be giving it away
Report JLivermore December 13, 2012 10:24 AM GMT
From Betfair:

Pricing continues to be under review
No need to think about pricing changes in the 'medium term' (for company analysts)
They learned 'a little bit' from the turnover pricing structure in Australia
New hire from ebay should be able to provide useful input for them.


Have you seen ebay fees lately!!??  I sold something for £352 and only got £295 after ebay/paypal fees!
Report Templeton Peck December 13, 2012 10:39 AM GMT
Betfair is  currently organised around the three pillars of Product, Technology and Commercial. The Product department designs products, the Technology department builds them and the Commercial department then sells them. This structure does not engender a culture of product ownership or P&L accountability.

We will now operate under a new organisational structure based on the Exchange, Sportsbook and Gaming business units. Each unit will control, and have responsibility for, the design, build and sale of their respective products. This will help to drive a culture of increased ownership, resulting in faster and more efficient delivery.

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Hopefully having the Exchange as a separate entity will be a positive for us.
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