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paddy power/betfair merger?

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Replies: 170
By:
mincer11
When: 26 Aug 15 17:27
Brassneck please please stop talking bolloxx, there are people here who may well believe you.
None of what you posted had the slightest bit of factual contact.
By:
RBoyd86
When: 26 Aug 15 17:28
as you say breakneck "england is a diff story" we can only go on our own personal experiences. Sounds like you've got it good over there, i'm guessing thats because you havent got them blasted machines, so in Ireland they need to lay horses as they don't have easy daily no risk guaranteed profit like bookmakers have here?
By:
jamesdean
When: 26 Aug 15 17:31
Can't see bots being stopped. There would be no exchange over night

Thought the non pc was a good point as can't see how a bookmaker would get away with it. Betfair was/is an exchange
By:
brassneck
When: 26 Aug 15 17:34
mincer,come over to a race meeting in Ireland,they power family will show you the bets they strike,better still just watch rte television and they will tell you the bets they strike,everytime a favourite goes down paddy is 5 million richer with all shops,irish people are crazy punters.even the government td's punt.
By:
mincer11
When: 26 Aug 15 17:38
Brassneck , i am Irish and you are not a well puppy. A lie down will be of no benefit to you i'm afraid.
By:
brassneck
When: 26 Aug 15 17:45
I doubt it very seriously that you are irish if you think that a ordinary guy in the street can not get a few hundred on a horse,even the corner shop independent bookies take them bets,but the bets will travel on a phone journey back to paddy head office each day.
By:
dustybin
When: 26 Aug 15 17:49
Betfair are a tech company who allegedly also offer a bookmaking service apart from the exchange.

There is no bookmaking involved with the exchange
By:
mincer11
When: 26 Aug 15 17:55
Brassneck, stop making a show of yerself.
You said that powers were laying monkey bets and asking about the weather, they are in their hole.
And as for David laying 100k bets on every shortish priced fav, stop now will ya.
Actually im off my rocker even talking to you. Good luck.
By:
brassneck
When: 26 Aug 15 17:59
like, they are taking the biggest share in the betfair merger,is that not proof to you that they are one of the largest market betting firms
By:
dave1357
When: 26 Aug 15 18:14

Aug 26, 2015 -- 5:06PM, screaming from beneaththewaves wrote:


Because that's the thread title. And the narrative being spun by Betfair.


Its a merger, they have to allocate shares in the new company.  As betfair's total shares are worth less than pp's total shares it can't possibly be 50/50 in the new company.  The market thinks that betfair have got the better part of the deal as announced.

By:
brassneck
When: 26 Aug 15 18:27
betfair most certainly will get the better deal,as the coporation tax for betfair drops to 12.5 gross,and they will more that likely end up paying only 3% ,they will make millions of the irish tax payer when the set their new  company up in Ireland,where as paddy will have to collect long term.if it a fantastic move for betfair and they will still hold 48% of paddypower betfair.
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