WHEN ARE BETFAIR'S ANNUAL RESULTS OUT?

thursday i think

thanks

what me to put up their betting income early?

I reckon they could be tasty - stock holding up well whilst most indices have been taking a bashing.

I WAS GOING TO BUY SOME SHARES IN BETFAIR ,BUT JUST LIKE WITH THE BETTING MY OFFER PRICE DIDNT GET MATCHED

RNS Number : 7842G
Betfair Group PLC
11 June 2013




Notice of Full Year Results

Betfair Group plc will announce its results for the year ended 30 April 2013 on Thursday 27 June.

A presentation for investors and analysts will be held on the morning of 27 June and a webcast of the event will be available on our corporate website: 

http://corporate.betfair.com/investor-relations.aspx

The Magician (100),

Any forecasts you have would be interesting.

Your new venture looks interesting also.

FY    Q    Soccer    Tennis    Golf    Cricket    Horse Racing    Greyhounds    Basketball    Other    Totals   
2007    Q1    1197411651    1918055432    121219378    197626828    2690516177    67621468    61665205    274867244.6    6528983383   
2007    Q2    2160045974    1571290122    75393008    507678688    2406689641    70505901    55666899    415471263.8    7262741497   
2007    Q3    2522408509    705175261    34234604    226858954    2373839237    87386188    214257502    522482007.4    6686642263   
2007    Q4    2857278594    1178521737    86043351    278326374    2830624872    104759555    174277876    298214964.2    7808047323    28286414467
2008    Q1    1969809675    2206564792    116111658    424562346    3177976090    103916588    88966028    288457920.9    8376365098   
2008    Q2    2758569286    1512326653    88948887    206750281    2630970801    109729085    27314153    466213111    7800822257   
2008    Q3    3394127438    861296513    28153536    229208616    2471598785    133610612    278920900    556647775.3    7953564175   
2008    Q4    3560559578    1726674691    78367183    348751495    2921859037    143005621    235361705    330989376.9    9345568687    33476320218
2009    Q1    2000702871    2722394337    107455930    735688208    3358059331    136952215    114033606    307631514.6    9482918012   
2009    Q2    3654873014    2047267800    95948025    729110503    3083618944    154036835    100285182    337919267    10203059569   
2009    Q3    3858652022    1209224559    39245848    343668017    2452581181    157279463    307225918    561571010.9    8929448019   
2009    Q4    4304515712    1763430813    88198817    668980811    2948718965    173922933    256775531    364878035.3    10569421617    39184847217
2010    Q1    4134617606    2922419691    111129651    680437978    3390960404    165364336    129244328    334718000.6    11868891996   
2010    Q2    4000486208    2688743024    116517256    509346354    2990388151    167863545    116901700    334052138.9    10924298377   
2010    Q3    5140078769    1372035486    39592197    560060765    2564412136    174717794    405951651    528824068.5    10785672867   
2010    Q4    4672673260    2168936370    93658125    1433958401    3112307385    159095497    292723888    294036003.5    12227388930    45806252169
2011    Q1    2876475206    3866535047    125060787    1143431976    3676083819    160300605    133521078    317852656.1    12299261175   
2011    Q2    4459951372    2957665262    74857545    1082593026    2997488215    156749526    103864141    381724536.6    12214893624   
2011    Q3    4768528655    1673553964    37495458    784716138    3180017774    187752834    254554155    521224893    11407843871   
2011    Q4    5476048998    2440378852    104891397    1577114613    3258765459    209866670    303681881    281881390.1    13652629260    49574627930
2012    Q1    3754282409    4108939640    110771898    1452773152    3347978510    178598362    174599173    309114653.7    13437057797   
2012    Q2    5107003922    3293877821    95729983    1568926183    3136931131    159745303    43106968    361663762.2    13766985073   
2012    Q3    5331921490    1358121026    37801052    1323839114    2813670680    158104780    398284259    542210128.8    11963952531   
2012    Q4    5046271711    2576775659    96885877    1948623131    3084166462    142296862    289886309    286384813    13471290824    52639286225

Any chance of using your magic to split that between inplay and preplay?

yes... can do that for tomorrow

I will also add later tonight the exact commissions for each sport generated on these numbers.

if I recall

soccer multiple by 78/10000
racing 88/10000
all others (on average) 24/10000

the final multiple should be 61/10,000 th roughly...

but these are from memory of from last year, will try and cofirm them later tonight

FY	Q	Soccer	Tennis	Golf	Cricket	HorseRacing	Greyhounds	Basketball	Other	Totals
2007	Q1	£1,197,411,651	£1,918,055,432	£121,219,378	£197,626,828	£2,690,516,177	£67,621,468	£61,665,205	£274,867,245	£6,528,983,383
2007	Q2	£2,160,045,974	£1,571,290,122	£75,393,008	£507,678,688	£2,406,689,641	£70,505,901	£55,666,899	£415,471,264	£7,262,741,497
2007	Q3	£2,522,408,509	£705,175,261	£34,234,604	£226,858,954	£2,373,839,237	£87,386,188	£214,257,502	£522,482,007	£6,686,642,263
2007	Q4	£2,857,278,594	£1,178,521,737	£86,043,351	£278,326,374	£2,830,624,872	£104,759,555	£174,277,876	£298,214,964	£7,808,047,323	£28,286,414,467
2008	Q1	£1,969,809,675	£2,206,564,792	£116,111,658	£424,562,346	£3,177,976,090	£103,916,588	£88,966,028	£288,457,921	£8,376,365,098
2008	Q2	£2,758,569,286	£1,512,326,653	£88,948,887	£206,750,281	£2,630,970,801	£109,729,085	£27,314,153	£466,213,111	£7,800,822,257
2008	Q3	£3,394,127,438	£861,296,513	£28,153,536	£229,208,616	£2,471,598,785	£133,610,612	£278,920,900	£556,647,775	£7,953,564,175
2008	Q4	£3,560,559,578	£1,726,674,691	£78,367,183	£348,751,495	£2,921,859,037	£143,005,621	£235,361,705	£330,989,377	£9,345,568,687	£33,476,320,218
2009	Q1	£2,000,702,871	£2,722,394,337	£107,455,930	£735,688,208	£3,358,059,331	£136,952,215	£114,033,606	£307,631,515	£9,482,918,012
2009	Q2	£3,654,873,014	£2,047,267,800	£95,948,025	£729,110,503	£3,083,618,944	£154,036,835	£100,285,182	£337,919,267	£10,203,059,569
2009	Q3	£3,858,652,022	£1,209,224,559	£39,245,848	£343,668,017	£2,452,581,181	£157,279,463	£307,225,918	£561,571,011	£8,929,448,019
2009	Q4	£4,304,515,712	£1,763,430,813	£88,198,817	£668,980,811	£2,948,718,965	£173,922,933	£256,775,531	£364,878,035	£10,569,421,617	£39,184,847,217
2010	Q1	£4,134,617,606	£2,922,419,691	£111,129,651	£680,437,978	£3,390,960,404	£165,364,336	£129,244,328	£334,718,001	£11,868,891,996
2010	Q2	£4,000,486,208	£2,688,743,024	£116,517,256	£509,346,354	£2,990,388,151	£167,863,545	£116,901,700	£334,052,139	£10,924,298,377
2010	Q3	£5,140,078,769	£1,372,035,486	£39,592,197	£560,060,765	£2,564,412,136	£174,717,794	£405,951,651	£528,824,069	£10,785,672,867
2010	Q4	£4,672,673,260	£2,168,936,370	£93,658,125	£1,433,958,401	£3,112,307,385	£159,095,497	£292,723,888	£294,036,004	£12,227,388,930	£45,806,252,169
2011	Q1	£2,876,475,206	£3,866,535,047	£125,060,787	£1,143,431,976	£3,676,083,819	£160,300,605	£133,521,078	£317,852,656	£12,299,261,175
2011	Q2	£4,459,951,372	£2,957,665,262	£74,857,545	£1,082,593,026	£2,997,488,215	£156,749,526	£103,864,141	£381,724,537	£12,214,893,624
2011	Q3	£4,768,528,655	£1,673,553,964	£37,495,458	£784,716,138	£3,180,017,774	£187,752,834	£254,554,155	£521,224,893	£11,407,843,871
2011	Q4	£5,476,048,998	£2,440,378,852	£104,891,397	£1,577,114,613	£3,258,765,459	£209,866,670	£303,681,881	£281,881,390	£13,652,629,260	£49,574,627,930
2012	Q1	£3,754,282,409	£4,108,939,640	£110,771,898	£1,452,773,152	£3,347,978,510	£178,598,362	£174,599,173	£309,114,654	£13,437,057,797
2012	Q2	£5,107,003,922	£3,293,877,821	£95,729,983	£1,568,926,183	£3,136,931,131	£159,745,303	£43,106,968	£361,663,762	£13,766,985,073
2012	Q3	£5,331,921,490	£1,358,121,026	£37,801,052	£1,323,839,114	£2,813,670,680	£158,104,780	£398,284,259	£542,210,129	£11,963,952,531
2012	Q4	£5,046,271,711	£2,576,775,659	£96,885,877	£1,948,623,131	£3,084,166,462	£142,296,862	£289,886,309	£286,384,813	£13,471,290,824	£52,639,286,225

So just to confirm, those figures are the total amounts matched on all markets, and Q1 for 2007 year is May-July 2006? etc.

Frog  as requested....

cdog - yes they are the financial quarters....


FY    Q    Soccer - pe    Soccer - ip    Tennis - pe    Tennis - ip    Golf - pe    Golf - ip    Cricket - pe    Cricket - ip    Horse Racing - pe    Horse Racing - ip    Greyhounds - pe    Greyhounds - ip    Basketball - pe    Basketball - ip    Other - pe    Other - ip    Totals - pe    Totals - ip   
2007    Q1    632694640    564717011    280996737    1637058695    24219404    96999974    19460849    178165979    2300787230    389728947    67133214    488254    16391383    45273822    121182309.6    153684935    3462865767    3066117617   
2007    Q2    1152123304    1007922670    190778845    1380511277    16741067    58651942    53877743    453800945    2029168055    377521586    69990786    515115    13437853    42229046    216375572.3    199095691.5    3742493225    3520248273   
2007    Q3    1207355014    1315053496    110847126    594328136    8618756    25615848    18862109    207996845    1861180872    512658364    86969502    416686    65272602    148984900    191025214.4    331456792.9    3550131195    3136511068   
2007    Q4    1372807383    1484471212    162104813    1016416924    20833184    65210168    27460133    250866240    2224160337    606464535    104013476    746079    54767805    119510070    138591681.2    159623283    4104738812    3703308511    28286414467
2008    Q1    972437443    997372232    322896233    1883668560    23218967    92892691    42363220    382199126    2605150813    572825277    103295539    621049    26654343    62311685    142710726.9    145747194    4238727284    4137637814   
2008    Q2    1269606822    1488962464    190203322    1322123331    21937985    67010903    18264449    188485832    2169961353    461009449    108954459    774625    8556399    18757754    198419658.2    267793452.8    3985904446    3814917811   
2008    Q3    1442146806    1951980632    127617991    733678522    7785115    20368421    23351181    205857435    1968863818    502734966    132875035    735577    88172279    190748621    197294466.9    359353308.4    3988106693    3965457482   
2008    Q4    1512790420    2047769158    215515795    1511158896    18272513    60094670    27532326    321219169    2300570199    621288839    142307043    698578    73484483    161877222    163396633.8    167592743.1    4453869413    4891699274    33476320218
2009    Q1    842157903    1158544969    412306879    2310087458    25687391    81768538    86425342    649262866    2747055221    611004110    136353289    598926    31960748    82072858    159037157.4    148594357.2    4440983930    5041934081   
2009    Q2    1563800349    2091072665    285184592    1762083208    24909809    71038216    65284153    663826350    2542968594    540650350    153497675    539161    24993885    75291296    164766088.9    173153178.1    4825405146    5377654423   
2009    Q3    1593514928    2265137094    172541188    1036683371    11445290    27800558    23389176    320278841    1952630914    499950267    156867843    411620    101347020    205878898    201953177.9    359617833    4213689537    4715758482   
2009    Q4    1674340677    2630175035    251360972    1512069841    21426670    66772147    61221899    607758912    2282347552    666371413    173538467    384466    83179729    173595802    180138609.9    184739425.4    4727554575    5841867042    39184847217
2010    Q1    1882257444    2252360162    412860440    2509559251    23285892    87843759    58936159    621501820    2693348476    697611928    164886461    477875    35684672    93559656    188306386.1    146411614.5    5459565931    6409326064   
2010    Q2    1596209255    2404276953    353932094    2334810930    31235251    85282005    39304117    470042237    2362534764    627853387    167339990    523555    31847381    85054318    175078720.4    158973418.5    4757481574    6166816803   
2010    Q3    1879356933    3260721836    221190354    1150845133    10561479    29030718    49798844    510261921    1967923663    596488473    173121666    1596127    129242720    276708932    205630558    323193510.5    4636826217    6148846650   
2010    Q4    1618908811    3053764449    274002331    1894934039    24783969    68874156    137918263    1296040139    2354634459    757672926    158449708    645789    96163250    196560638    142731166.7    151304836.8    4807591957    7419796972    45806252169
2011    Q1    941423170    1935052036    500855041    3365680006    31717536    93343251    68910547    1074521429    2921185985    754897833    159781350    519255    31327683    102193395    176326657.1    141525999    4831527969    7467733206   
2011    Q2    1678176997    2781774376    369453956    2588211307    20433147    54424398    120946987    961646039    2372608303    624879912    156243238    506288    23718666    80145475    214030077    167694459.6    4955611370    7259282254   
2011    Q3    1647687816    3120840840    236914292    1436639673    11561016    25934441    66543656    718172481    2441372969    738644805    187373132    379702    59364459    195189696    185473675.7    335751217.2    4836291016    6571552856   
2011    Q4    1680020890    3796028108    291852545    2148526307    28858664    76032732    75691101    1501423512    2579610967    679154492    209812142    54529    73692000    229989881    141299184.6    140582205.5    5080837493    8571791767    49574627930
2012    Q1    1158641124    2595641285    473345139    3635594501    28453474    82318424    69221430    1383551722    2696787395    651191115    178595859    2503    48179828    126419345    153594491.2    155520162.5    4806818739    8630239058   
2012    Q2    1454088258    3652915663    374507040    2919370781    28082547    67647437    155605180    1413321002    2546491901    590439230    159742051    3252    9423629    33683339    176269588.8    185394173.4    4904210195    8862774878   
2012    Q3    1463852580    3868068910    197408149    1160712877    9632273    28168778    113020412    1210818702    2213871455    599799225    158099901    4880    81180054    317104206    186435308.9    355774819.9    4423500133    7540452398   
2012    Q4    1350587034    3695684677    273469467    2303306192    24292421    72593456    143495414    1805127717    2432628906    651537555    142272906    23956    61752941    228133369    124179656    162205156    4552678746    8918612078    52639286225

sorry that is a mess escapee will probably fix it...

Results are out, revenues flat net earnings down 27%: -

http://www.investegate.co.uk/betfair-group-plc--bet-/rns/final-results/201306270700099603H/

Results presentation: -

http://corporate.betfair.com/~/media/Files/B/Betfair-V2/pdf/fy13-prelims-presentation.pdf

£2.7M defending the CVC bid!!!  What does the shareholder get for that!?

Funny how statistics can make things seem a whole lot better than what they really are

£9.50 declined but you can sell for £8.28 today - that is a 12.8% loss in my book

These are the pre event and in-play figures

FY	Q	Soccer - pe	Soccer - ip	Tennis - pe	Tennis - ip	Golf - pe	Golf - ip	Cricket - pe	Cricket - ip	Horse Racing - pe	Horse Racing - ip	Greyhounds - pe	Greyhounds - ip	Basketball - pe	Basketball - ip	Other - pe	Other - ip	Totals - pe	Totals - ip
2007	Q1	632,694,640	564,717,011	280,996,737	1,637,058,695	24,219,404	96,999,974	19,460,849	178,165,979	2,300,787,230	389,728,947	67,133,214	488,254	16,391,383	45,273,822	121,182,310	153,684,935	3,462,865,767	3,066,117,617
2007	Q2	1,152,123,304	1,007,922,670	190,778,845	1,380,511,277	16,741,067	58,651,942	53,877,743	453,800,945	2,029,168,055	377,521,586	69,990,786	515,115	13,437,853	42,229,046	216,375,572	199,095,691	3,742,493,225	3,520,248,273
2007	Q3	1,207,355,014	1,315,053,496	110,847,126	594,328,136	8,618,756	25,615,848	18,862,109	207,996,845	1,861,180,872	512,658,364	86,969,502	416,686	65,272,602	148,984,900	191,025,214	331,456,793	3,550,131,195	3,136,511,068
2007	Q4	1,372,807,383	1,484,471,212	162,104,813	1,016,416,924	20,833,184	65,210,168	27,460,133	250,866,240	2,224,160,337	606,464,535	104,013,476	746,079	54,767,805	119,510,070	138,591,681	159,623,283	4,104,738,812	3,703,308,511	28,286,414,467
2008	Q1	972,437,443	997,372,232	322,896,233	1,883,668,560	23,218,967	92,892,691	42,363,220	382,199,126	2,605,150,813	572,825,277	103,295,539	621,049	26,654,343	62,311,685	142,710,727	145,747,194	4,238,727,284	4,137,637,814
2008	Q2	1,269,606,822	1,488,962,464	190,203,322	1,322,123,331	21,937,985	67,010,903	18,264,449	188,485,832	2,169,961,353	461,009,449	108,954,459	774,625	8,556,399	18,757,754	198,419,658	267,793,453	3,985,904,446	3,814,917,811
2008	Q3	1,442,146,806	1,951,980,632	127,617,991	733,678,522	7,785,115	20,368,421	23,351,181	205,857,435	1,968,863,818	502,734,966	132,875,035	735,577	88,172,279	190,748,621	197,294,467	359,353,308	3,988,106,693	3,965,457,482
2008	Q4	1,512,790,420	2,047,769,158	215,515,795	1,511,158,896	18,272,513	60,094,670	27,532,326	321,219,169	2,300,570,199	621,288,839	142,307,043	698,578	73,484,483	161,877,222	163,396,634	167,592,743	4,453,869,413	4,891,699,274	33,476,320,218
2009	Q1	842,157,903	1,158,544,969	412,306,879	2,310,087,458	25,687,391	81,768,538	86,425,342	649,262,866	2,747,055,221	611,004,110	136,353,289	598,926	31,960,748	82,072,858	159,037,157	148,594,357	4,440,983,930	5,041,934,081
2009	Q2	1,563,800,349	2,091,072,665	285,184,592	1,762,083,208	24,909,809	71,038,216	65,284,153	663,826,350	2,542,968,594	540,650,350	153,497,675	539,161	24,993,885	75,291,296	164,766,089	173,153,178	4,825,405,146	5,377,654,423
2009	Q3	1,593,514,928	2,265,137,094	172,541,188	1,036,683,371	11,445,290	27,800,558	23,389,176	320,278,841	1,952,630,914	499,950,267	156,867,843	411,620	101,347,020	205,878,898	201,953,178	359,617,833	4,213,689,537	4,715,758,482
2009	Q4	1,674,340,677	2,630,175,035	251,360,972	1,512,069,841	21,426,670	66,772,147	61,221,899	607,758,912	2,282,347,552	666,371,413	173,538,467	384,466	83,179,729	173,595,802	180,138,610	184,739,425	4,727,554,575	5,841,867,042	39,184,847,217
2010	Q1	1,882,257,444	2,252,360,162	412,860,440	2,509,559,251	23,285,892	87,843,759	58,936,159	621,501,820	2,693,348,476	697,611,928	164,886,461	477,875	35,684,672	93,559,656	188,306,386	146,411,614	5,459,565,931	6,409,326,064
2010	Q2	1,596,209,255	2,404,276,953	353,932,094	2,334,810,930	31,235,251	85,282,005	39,304,117	470,042,237	2,362,534,764	627,853,387	167,339,990	523,555	31,847,381	85,054,318	175,078,720	158,973,418	4,757,481,574	6,166,816,803
2010	Q3	1,879,356,933	3,260,721,836	221,190,354	1,150,845,133	10,561,479	29,030,718	49,798,844	510,261,921	1,967,923,663	596,488,473	173,121,666	1,596,127	129,242,720	276,708,932	205,630,558	323,193,511	4,636,826,217	6,148,846,650
2010	Q4	1,618,908,811	3,053,764,449	274,002,331	1,894,934,039	24,783,969	68,874,156	137,918,263	1,296,040,139	2,354,634,459	757,672,926	158,449,708	645,789	96,163,250	196,560,638	142,731,167	151,304,837	4,807,591,957	7,419,796,972	45,806,252,169
2011	Q1	941,423,170	1,935,052,036	500,855,041	3,365,680,006	31,717,536	93,343,251	68,910,547	1,074,521,429	2,921,185,985	754,897,833	159,781,350	519,255	31,327,683	102,193,395	176,326,657	141,525,999	4,831,527,969	7,467,733,206
2011	Q2	1,678,176,997	2,781,774,376	369,453,956	2,588,211,307	20,433,147	54,424,398	120,946,987	961,646,039	2,372,608,303	624,879,912	156,243,238	506,288	23,718,666	80,145,475	214,030,077	167,694,460	4,955,611,370	7,259,282,254
2011	Q3	1,647,687,816	3,120,840,840	236,914,292	1,436,639,673	11,561,016	25,934,441	66,543,656	718,172,481	2,441,372,969	738,644,805	187,373,132	379,702	59,364,459	195,189,696	185,473,676	335,751,217	4,836,291,016	6,571,552,856
2011	Q4	1,680,020,890	3,796,028,108	291,852,545	2,148,526,307	28,858,664	76,032,732	75,691,101	1,501,423,512	2,579,610,967	679,154,492	209,812,142	54,529	73,692,000	229,989,881	141,299,185	140,582,205	5,080,837,493	8,571,791,767	49,574,627,930
2012	Q1	1,158,641,124	2,595,641,285	473,345,139	3,635,594,501	28,453,474	82,318,424	69,221,430	1,383,551,722	2,696,787,395	651,191,115	178,595,859	2,503	48,179,828	126,419,345	153,594,491	155,520,163	4,806,818,739	8,630,239,058
2012	Q2	1,454,088,258	3,652,915,663	374,507,040	2,919,370,781	28,082,547	67,647,437	155,605,180	1,413,321,002	2,546,491,901	590,439,230	159,742,051	3,252	9,423,629	33,683,339	176,269,589	185,394,173	4,904,210,195	8,862,774,878
2012	Q3	1,463,852,580	3,868,068,910	197,408,149	1,160,712,877	9,632,273	28,168,778	113,020,412	1,210,818,702	2,213,871,455	599,799,225	158,099,901	4,880	81,180,054	317,104,206	186,435,309	355,774,820	4,423,500,133	7,540,452,398
2012	Q4	1,350,587,034	3,695,684,677	273,469,467	2,303,306,192	24,292,421	72,593,456	143,495,414	1,805,127,717	2,432,628,906	651,537,555	142,272,906	23,956	61,752,941	228,133,369	124,179,656	162,205,156	4,552,678,746	8,918,612,078	52,639,286,225

These are the pre event and in-play figures

FY	Q	Soccer - pe	Soccer - ip	Tennis - pe	Tennis - ip	Golf - pe	Golf - ip	Cricket - pe	Cricket - ip	Horse Racing - pe	Horse Racing - ip	Greyhounds - pe	Greyhounds - ip	Basketball - pe	Basketball - ip	Other - pe	Other - ip	Totals - pe	Totals - ip
2007	Q1	632,694,640	564,717,011	280,996,737	1,637,058,695	24,219,404	96,999,974	19,460,849	178,165,979	2,300,787,230	389,728,947	67,133,214	488,254	16,391,383	45,273,822	121,182,310	153,684,935	3,462,865,767	3,066,117,617
2007	Q2	1,152,123,304	1,007,922,670	190,778,845	1,380,511,277	16,741,067	58,651,942	53,877,743	453,800,945	2,029,168,055	377,521,586	69,990,786	515,115	13,437,853	42,229,046	216,375,572	199,095,691	3,742,493,225	3,520,248,273
2007	Q3	1,207,355,014	1,315,053,496	110,847,126	594,328,136	8,618,756	25,615,848	18,862,109	207,996,845	1,861,180,872	512,658,364	86,969,502	416,686	65,272,602	148,984,900	191,025,214	331,456,793	3,550,131,195	3,136,511,068
2007	Q4	1,372,807,383	1,484,471,212	162,104,813	1,016,416,924	20,833,184	65,210,168	27,460,133	250,866,240	2,224,160,337	606,464,535	104,013,476	746,079	54,767,805	119,510,070	138,591,681	159,623,283	4,104,738,812	3,703,308,511	28,286,414,467
2008	Q1	972,437,443	997,372,232	322,896,233	1,883,668,560	23,218,967	92,892,691	42,363,220	382,199,126	2,605,150,813	572,825,277	103,295,539	621,049	26,654,343	62,311,685	142,710,727	145,747,194	4,238,727,284	4,137,637,814
2008	Q2	1,269,606,822	1,488,962,464	190,203,322	1,322,123,331	21,937,985	67,010,903	18,264,449	188,485,832	2,169,961,353	461,009,449	108,954,459	774,625	8,556,399	18,757,754	198,419,658	267,793,453	3,985,904,446	3,814,917,811
2008	Q3	1,442,146,806	1,951,980,632	127,617,991	733,678,522	7,785,115	20,368,421	23,351,181	205,857,435	1,968,863,818	502,734,966	132,875,035	735,577	88,172,279	190,748,621	197,294,467	359,353,308	3,988,106,693	3,965,457,482
2008	Q4	1,512,790,420	2,047,769,158	215,515,795	1,511,158,896	18,272,513	60,094,670	27,532,326	321,219,169	2,300,570,199	621,288,839	142,307,043	698,578	73,484,483	161,877,222	163,396,634	167,592,743	4,453,869,413	4,891,699,274	33,476,320,218
2009	Q1	842,157,903	1,158,544,969	412,306,879	2,310,087,458	25,687,391	81,768,538	86,425,342	649,262,866	2,747,055,221	611,004,110	136,353,289	598,926	31,960,748	82,072,858	159,037,157	148,594,357	4,440,983,930	5,041,934,081
2009	Q2	1,563,800,349	2,091,072,665	285,184,592	1,762,083,208	24,909,809	71,038,216	65,284,153	663,826,350	2,542,968,594	540,650,350	153,497,675	539,161	24,993,885	75,291,296	164,766,089	173,153,178	4,825,405,146	5,377,654,423
2009	Q3	1,593,514,928	2,265,137,094	172,541,188	1,036,683,371	11,445,290	27,800,558	23,389,176	320,278,841	1,952,630,914	499,950,267	156,867,843	411,620	101,347,020	205,878,898	201,953,178	359,617,833	4,213,689,537	4,715,758,482
2009	Q4	1,674,340,677	2,630,175,035	251,360,972	1,512,069,841	21,426,670	66,772,147	61,221,899	607,758,912	2,282,347,552	666,371,413	173,538,467	384,466	83,179,729	173,595,802	180,138,610	184,739,425	4,727,554,575	5,841,867,042	39,184,847,217
2010	Q1	1,882,257,444	2,252,360,162	412,860,440	2,509,559,251	23,285,892	87,843,759	58,936,159	621,501,820	2,693,348,476	697,611,928	164,886,461	477,875	35,684,672	93,559,656	188,306,386	146,411,614	5,459,565,931	6,409,326,064
2010	Q2	1,596,209,255	2,404,276,953	353,932,094	2,334,810,930	31,235,251	85,282,005	39,304,117	470,042,237	2,362,534,764	627,853,387	167,339,990	523,555	31,847,381	85,054,318	175,078,720	158,973,418	4,757,481,574	6,166,816,803
2010	Q3	1,879,356,933	3,260,721,836	221,190,354	1,150,845,133	10,561,479	29,030,718	49,798,844	510,261,921	1,967,923,663	596,488,473	173,121,666	1,596,127	129,242,720	276,708,932	205,630,558	323,193,511	4,636,826,217	6,148,846,650
2010	Q4	1,618,908,811	3,053,764,449	274,002,331	1,894,934,039	24,783,969	68,874,156	137,918,263	1,296,040,139	2,354,634,459	757,672,926	158,449,708	645,789	96,163,250	196,560,638	142,731,167	151,304,837	4,807,591,957	7,419,796,972	45,806,252,169
2011	Q1	941,423,170	1,935,052,036	500,855,041	3,365,680,006	31,717,536	93,343,251	68,910,547	1,074,521,429	2,921,185,985	754,897,833	159,781,350	519,255	31,327,683	102,193,395	176,326,657	141,525,999	4,831,527,969	7,467,733,206
2011	Q2	1,678,176,997	2,781,774,376	369,453,956	2,588,211,307	20,433,147	54,424,398	120,946,987	961,646,039	2,372,608,303	624,879,912	156,243,238	506,288	23,718,666	80,145,475	214,030,077	167,694,460	4,955,611,370	7,259,282,254
2011	Q3	1,647,687,816	3,120,840,840	236,914,292	1,436,639,673	11,561,016	25,934,441	66,543,656	718,172,481	2,441,372,969	738,644,805	187,373,132	379,702	59,364,459	195,189,696	185,473,676	335,751,217	4,836,291,016	6,571,552,856
2011	Q4	1,680,020,890	3,796,028,108	291,852,545	2,148,526,307	28,858,664	76,032,732	75,691,101	1,501,423,512	2,579,610,967	679,154,492	209,812,142	54,529	73,692,000	229,989,881	141,299,185	140,582,205	5,080,837,493	8,571,791,767	49,574,627,930
2012	Q1	1,158,641,124	2,595,641,285	473,345,139	3,635,594,501	28,453,474	82,318,424	69,221,430	1,383,551,722	2,696,787,395	651,191,115	178,595,859	2,503	48,179,828	126,419,345	153,594,491	155,520,163	4,806,818,739	8,630,239,058
2012	Q2	1,454,088,258	3,652,915,663	374,507,040	2,919,370,781	28,082,547	67,647,437	155,605,180	1,413,321,002	2,546,491,901	590,439,230	159,742,051	3,252	9,423,629	33,683,339	176,269,589	185,394,173	4,904,210,195	8,862,774,878
2012	Q3	1,463,852,580	3,868,068,910	197,408,149	1,160,712,877	9,632,273	28,168,778	113,020,412	1,210,818,702	2,213,871,455	599,799,225	158,099,901	4,880	81,180,054	317,104,206	186,435,309	355,774,820	4,423,500,133	7,540,452,398
2012	Q4	1,350,587,034	3,695,684,677	273,469,467	2,303,306,192	24,292,421	72,593,456	143,495,414	1,805,127,717	2,432,628,906	651,537,555	142,272,906	23,956	61,752,941	228,133,369	124,179,656	162,205,156	4,552,678,746	8,918,612,078	52,639,286,225

ooops.... double post

Would be delighted if we could change premium charge but no plans to do so.

It is hard to tell if the figures are dressed up, but on the surface it looks like the sportsbook is a success.  However, that success might also have been achieved by simplifying the exchange for novice users, rather than taking on an expensive team of traders, (just look on linkedin at the number of "Betfair traders/Betfair football traders" there are :-S ) , and having an easier to understand basic interface (perhaps with only one price showing).  There will be some people who saw the exchange before, and were put off, not to return, but a really inferior to the competition sportsbook, with high reported palps and restricted stakes, seems to have answered the right question, in a mediocre manner. 

The advertising spend to the UK going from sub 50% to over 75% is kind of interesting, but Betfair really do waste huge amounts of money on adverts which don't make sense, and a lot of the time are actively misleading (best prices on Betfair, but not on the sportsbook, and new customers are directed to the sportsbook,....).

Also, for all their ridiculous mistakes, failures and incompetence, credit does have to go to Betfair for finally doing something right - the pop up surveys which people are getting through the website asking for feedback are an excellent idea.  This is (finally) a sign of good management, and trying to find out (and then try to act upon) what customers actually want.

that's an interesting take, balla. what do you see that makes you think the sportsbook's been a success?

there's a lot of emphasis on customer acquisition, which really needs to be parsed and as yet hasn't been. I'd really want to see the figures with the bluesq job lot explicitly stripped out, so that it showed only customers who'd made an active decision to sign up.

also, the relatively poor sportsbook offer means that the retention part of acquisition and retention is going to become much more significant. raw acquisition numbers are less useful than they used to be because, bluntly, new customers coming to the sportsbook are less likely to stay than those who used to come to the exchange.

in the longer term, BF is going to be faced with a problem. if new customers become dormant or moribund due to there being better prices on (most) other sportsbooks, do they then start marketing the exchange to them? if not, they risk losing them completely. if so, they lose them to the sportsbook and risk taking a perception hit in the process. "wait - why didn't you show me these better prices before?"

The Blue Square deal, and the increased customer acquisition, don't easily pass the 'smell' test as a combination.  It would be interesting as you say, to see the figures without the BS deal, and the free bets they have given away.

Most of the public are surprisingly thick, and it is capturing market share of this group which the CEO has set his sights on.  ["He is not here to pay homage to the exchange"].  He may have the right idea profits-wise, but just cannot see how with a weak sportsbook, expensive trading team, and stolid advertising campaign, they are going to be able to compete with 365 et al. 

At the end of the day, Betfair now would prefer to be a poor value sportsbook, taking a free tissue from somebody else's exchange.  Betfair unwittingly has made the bookmakers a fortune, both in avoiding getting stung, but also having more confidence in laying most prices.  The Betfair traders on the other hand, don't seem to understand that there is no need to restrict people who are betting under the exchange odds on major events.  If Brazil are trading at 1.8 to 1.81 to win a football match, why is there any size limit on what the traders will take at 1.72?  The mind boggles.

If Brazil are trading at 1.8 to 1.81 to win a football match, why is there any size limit on what the traders will take at 1.72?  The mind boggles.

---------

all i can immediately think of is they're scared of getting taken as relevant news crashes the price. but if that's the case, you just introduce a very short execution lag, where the bet is pending, arbed on the exchange, then either confirmed or rejected.

tbh, I'm not sure why they need the crack trading team at all - at least in liquid markets like MO etc. what are they doing that can't be automated off the exchange?

The price of 1.72 could be linked to the exchange - the second a floor of say 1.75 (or whatever) is reached, the price of 1.72 changes instantly to 1.66.  You could even build it so that it didn't respond to live prices 'up on the board' (which are in effect 5 seconds behind real time), you could have a program which knew that (hypothetically) a monster £100,000 bet had been submitted, which would lower the price from 1.8 to 1.7, mopping up everything available, and just the mere submission of that bet would instantly lower the sportsbook price to 1.66, before it had even hit the market.  The crack trading team do seem like buying baluga caviar for a 4 year old's birthday party.  Lovely, and all that, but a complete frivolous waste of money, when fish fingers would have done the trick just as easily.

Give them time. This is the plan:

We are differentiating our Sportsbook by using our Exchange technology to provide unique features and better value. For example, in recent weeks we launched 'Cash Out' on the Sportsbook and are developing 'Best Price Execution', where customers may automatically receive better odds if they are available on the Exchange.

................

It seems they will ultimately be willing to move bets onto the exchange. This will clearly reduce the sportsbook margins but will give them risk free profit and a great USP.

That would be a great USP.  It would also mean that by making Betfair more accessible and simplified for the public, there may be an increase of recreational money feeding into the main exchange market.  What it would also mean though would be curtains for most of the crack traders.  There's no point paying them 25k a year each to be in effect undercut by the main market, on most of the bets they would have taken. 

It is in the CEO's interest not to offer Best Price Execution on the sportsbook, so it would be a surprise if there isn't a catch to come later on that front.  Who knows.

well, it's a new form of skimmer really, isn't it? this time based on people not knowing about the exchange, rather than the mathematics of cross-matching.

Well it can't be "Best Price" execution.  Maybe "A Bit Better Than The Kak We Are Offering You" as otherwise there would be a hell of a lot of bets getting Exchange type prices that were not paying any commission (or PC).

Ballabriggs - do you really only get £25 if you are employed as a crack trader?  Surely this mythical beast (and I refuse to believe that any exist, given the nature of the sportsbook prices and restrictions) would be better of crack trading on his/her own accounts?

These are public linkedin profiles TheVis

http://www.linkedin.com/profile/view?id=112292027&authType=name&authToken=eWRn&trk=prof-sb-browse_map-name

Football Trader
Betfair
October 2011 – Present (1 year 9 months)Dublin
Responsibilities include:
•    Odds compilation and trading of the Football product, with a strong focus on European football.
•    Use of statistical modelling and analysis to ensure greater accuracy when driving prices.
•    Monitoring and anticipating market movements.
•    Managing company risk and liabilities.
•    Client Management - Profiling customers, analysis of betting patterns.
•    Liaising with the Marketing team to create promotional mechanics for the Fixed Odds product across all sports.
•    Assisting with customer queries.
•    Assisting with trading software integrations.

http://www.linkedin.com/profile/view?id=127946279&authType=name&authToken=hPIA&trk=prof-sb-browse_map-name

Football Trader
Betfair
February 2011 – Present (2 years 5 months)
- Pricing up football markets across all leagues
- Settlement of events and payments to customers
- Monitoring liabilities, and hedging accordingly to reduce company risk at lowest possible cost
- Trading high volume events pre match and in running
- Managing Running up Money liabilities
- Monitoring betting patterns in markets or specific to customers
- Profiling customers accounts, analysing betting business and recommending exposure increases/declinations
- Seeding markets
- Using content management systems to update site content using HTML
- Liaising with Marketing team to push viable promotions to customers
- Liaising with Finance team to deal with fraudulent activity
- Dealing with customer issues
- Generate report figures


http://www.linkedin.com/profile/view?id=136488155&authType=name&authToken=i-oO&trk=prof-sb-browse_map-name

Senior Trader
Betfair
March 2012 – Present (1 year 4 months)Dublin



http://www.linkedin.com/profile/view?id=64250540&authType=name&authToken=hmdT&trk=prof-sb-browse_map-name

Senior Trader / Head of Tennis
Betfair
March 2012 – Present (1 year 4 months)Ireland
Head of Tennis for the new Betfair Sportsbook.


There are loads of these on there.

OK, I have to accept some do exist

February 2011 – Present (2 years 5 months)
- Pricing up football markets across all leagues
- Settlement of events and payments to customers
- Monitoring liabilities, and hedging accordingly to reduce company risk at lowest possible cost
- Trading high volume events pre match and in running
- Managing Running up Money liabilities
- Monitoring betting patterns in markets or specific to customers
- Profiling customers accounts, analysing betting business and recommending exposure increases/declinations
- Seeding markets
- Using content management systems to update site content using HTML
- Liaising with Marketing team to push viable promotions to customers
- Liaising with Finance team to deal with fraudulent activity
- Dealing with customer issues
- Generate report figures

"Seeding markets" - that's a good one.  Didn't think BF seeded money on the exchange or do you think he means something different?

Judging by this article re PP it seems that the days of beating bookies who wear trilbies and smoke big fat cigars whilst wearing camel overcoats, have vanished forever. Do newbies have any chance at all of developing an edge in this game, I wonder, unless they come at it entirely from a maths/IT background. Behind the corny ads lies a brain or two.

Corcoran is just making sure that BF are just going down the same route.

http://www.popsci.com/technology/article/2011-11/four-things-we-learned-about-data-irelands-biggest-bookmaker

Trading high volume events pre match and in running
Monitoring betting patterns in markets or specific to customers

interesting that they bet in-running . would they be subject to the bet placement delay ?
do they follow winning accounts ?

wow, they saw that journalist coming. there's some shocking propppaganda in that piece of puffery

The results are pretty bad and wd appear more so to the new investor than to us.

They're spun in a way that makes them appear less bad or stalled than they are. When a report talks of 'cultural change', 'a transitional year in which we repositioned our business' and kicks off with the word 'mitigated', you know that it isn't going to be seen as good.

They've earnt 73 million as against Bet3.65's underlying 175 mill. or so. This is despite 65 basically nicking their product. Bf shd try at once aggressively to differentiate them/s from all competitors. I'd get into a borderline sexist or personal slanging match over price and restricting customers w/ Denise Large. They have to do something to bring them/s to the notice of their rival's customers--some big, brain-entering shock to counter the effect of Ray Winstone.

frog and ballabrigs, if they run a size-dependent form of 'best price execution' on sportsbook bets, coupled with a guarantee to beat or match any well-known competitor's price backed by a heavily-funded aggressive UK advertising campaign, they have a shot at last of overhauling .65 and establishing the exchange as the default betting model.

After all their competitors use bf as their tissue. The books are not going to go overs, so in any liquid market (this may be the key) bf are going to win or draw on price.

With the horses they cd do as bet3.65 do and not introduce a guarantee until 10am. If they didn't even open a market until that time, making it impossible for spot arbers to lay off Pricewise and tipping lines, they wd delight someone like me w/ a view as well as the bookmakers. That wd be a wonderful solution.

Combine a deep-pockets price-based advertising campaign with an emphasis on their rival restricting winners and they may at last win the war of perceptions w/ the 20 quid punter.

some good points there askari.

you're exactly right to say they should be focussing aggressively on bookie practices like shutting winners (and even smart losers) down. when I talk to non-gamblers and occasional recreational gamblers about what I do and this comes up, virtually none of them have heard of it. the best possible perception for BF to spread is: "you can't win with the bookies". Lose like a good little boy, or we shut you down. because even if "the dream" is unrealistic, the bookies need it to persist at some unconscious level. so get it front and centre of recreational bettors' conscious minds that not only don't they win - they won't be allowed to win either. there is no "cracking it"... except here.

very hard to do that if you're trying to become what you built a successful business challenging. and have recruited from their ranks.

essentially imo what we're seeing is a combined failure of managerial imagination and courage, arguably exacerbated by misbegotten incentive packages.

askari

you are talking about (sensible) things that the few people at Betfair that might have understood have long gone...

zero chance of any of that happening under new management.

Frog

Betfair - produced the worlds tissue (by accident), and spawned 1000 white label sports books with close to zero IP or pricing knowledge - before betfair even realised what they had created.

they remained oblivious for years - then decide to charge them for the data... semi sensible, but they should have been their won white label 10 years ago and cut all the other out.

instead they let them grow, and now even buy their own sports book from one of them - you could not make it up

The Magician (100) , do any bookmakers actually pay to use Betfair prices?

Think an advertising campaign based on highlighting how bookmakers shut winners down is a non-starter.  Most of the public don't understand that any winners get shut down, if you are shut down they often believe it is because you are cheating or doing something unethical, and to be honest, there is no way that Betfair themselves don't want to make it harder and harder for winners.

depends how the advert was worded ie

punter A ..''i'd like two pounds on the favourite please''
bookie...''no problem sir (cheesy smile)''
punterB...''i'd like one hundred pounds on the favourite at 7/4 please''
bookie..(makes phone call)''sorry sir you can have twenty pounds at 6/4''
punterB...''forget it''

95%+ of people never have any problem getting on, and they aren't likely to move in the same circles as the small band of shrewd winners.  Those kind of adverts will just be met with bafflement by the public.

well it wont ever happen now anyway, not now that betfair are running their own restrictive sportsbook

that's a good point - BF's sportsbook is as restrictive as others if not more so, therefore a "we won't shut you down" campaign is a non-runner.

Biggest rugby match of the season coming up and I've been offered just over a fiver max on my mug first try scorer bet - crack traders indeed.  The over-round on the book is huge yet they still won't take a bet.

TheVis

Why would you wan to bet on here ?

Was interested to find out what the sportsbook limits were like.

Also phoned a friend to place a bet in the same market on a new clean account and he was offered a liability of £150.  Hardly smacks of a crack team does it?

ballabriggs - it's not about what proportion of people actually get restricted or shut down. it's about perception of bookmakers.

if you want to see where the bookies' vulnerabilities lie, look at their adverts and invert the image they're trying to portray.

if you want to see where the bookies' vulnerabilities lie, look at their adverts and invert the image they're trying to portray.

Sure, it's all about being a man or having a laugh at Paddy's underpants until you find a non-arbable bet.

There are so many ways bf cd do it. Put in Freedom of Information requests w/ Ralph Topping & Denise Large for numbers of customers restricted and play the fool when answers are not forthcoming. Have 'hidden character'-style ads in which customers are shown waiting endlessly for phone calls. Show the price changing at 8.45 and someone missing the price. Have an ad immediately after .65's for the next race in which someone is shown being offered

...a tiny fraction of their stake (say

2%)

Run adverts just after their competitors e.g. 3.65's for the same race in which a bettor is shown being restricted to a ridiculously small amount. Hammer home the message that winners are welcome on the exchange.

Best of all wd be if they were able to generate new custom w/ a bookie-interface style site and feed it through at best price execution after their cut and dependent on size to the exchange. Sure, there are a host of reasons why the mgmt. wd not want to do this, but I fail to see what the passage quoted by frog was referring to if it wasn't this.