Betfair Grp Share Discussion Threads

[petersmith6] 15/4/2013 09:06

But what price will they offer?

[aleks_atanasov] 15/4/2013 08:57

next up... BET response RNS... possibly intraday.

[montyhedge] 15/4/2013 08:43

I like Betfair, killing the tradition bookies.

[bonio10000] 15/4/2013 08:42

Excellent result for those in at the IPO then.

[montyhedge] 15/4/2013 08:26

Lol, you can get anything printed in the newspapers for the price of a good lunch.

[aleks_atanasov] 15/4/2013 03:16

CVC considering takeover move for Betfair



Exclusive: CVC Mulls £750m Gamble On Betfair

[trentendboy] 12/4/2013 20:49

There a link?

[aughton 3] 12/4/2013 20:20

Sheer greed by betfair charging bigger players 50 per cent on there winnings is crazy

[masurenguy] 14/2/2013 15:42

Betfair rumoured to have joined the three other predators currently sniffing around LCG.

London Capital Group, which owns spreadbetting firm Capital Spreads, rose 3.25p more to 51.75p on whispers that now four potential bidders are sniffing around. Betfair, 3.5p easier at 689.5p, is rumoured to have joined Cantor Fitzgerald, Gain Capital and City Index in a race to swallow the loss-making group.

[canteatvalue] 28/1/2013 18:41

Sorry, Hedgebetter, you're just plain wrong here. I'm bearish on the stock too for other reasons (regulation being by far and away the biggest - December 2014 you get UK POC tax coming back in which will hurt margins big time) but you're incorrect on the prices - and I know, as I derive a significant income as a professional gambler on Betfair. I have no idea how oddschecker came up with those stats but they bear no relation to the reality I observe (they don't even give details of the actual bets to compare how they did it!). For example, even if you go on outsider horses (which Betfair always crush competition on) oddschecker claim they are only 4th!! Betfair's own price comparison tool is much more accurate:



Betfair's prices are less competitive on things like football match odds but they still, on average, beat most bookies. On anything with longer odds like correct score they just crush them.

As I say I'm in no way positive on this stock and think it's still overpriced but felt I had to correct you here.

[treer] 28/1/2013 17:27

hedgebetter, maybe you should check the prices, and then you will be able to correct yourself

[guidfarr] 27/1/2013 22:35

it just comes to valuation really - i think Betfair's casino/mobile will help

those interested may want to take a look at February's edition of Spread Betting Magazine [not related]

[hedgebetter] 27/1/2013 22:00

Treer - BET365 beat Betfair most days...

Do not believe the 5% Hype - its nonsense



Betfair are old hat..that's why their share price is shafted - as were the shareholders at the IPO. Another Goldman Sachs doing gods work moment. Although there were plenty of C level guys picking up huge amounts of nil priced options at the IPO ...to 'keep the best' - many of which have now left...the ones that remain...well go figure...

[treer] 25/1/2013 14:03

dont know how you come to the conclusion that bet365 offer better odds

bet365 odds = neutral + (at least 10%) to highs of neutral+100%
betfair = neutral + 5% at most

[trentendboy] 20/1/2013 19:47

Good post.

All comes down to the odds. Are they better or not?

Professional gamblers will follow the odds and given bet fair is running a standard sports book they can catch the casual gambler leveraging its brand name.

Watching carefully

[hedgebetter] 20/1/2013 19:24

Betfair's exchange model is no longer useful to get better odds. You can get better odds from bet365 - which is why Betfair now has a sporstbook and take the other side of the bet. The quaint notion that you are betting against someone else on the exchange is just BS. They have several hundred guys in the exchange acting - too all intents and purposes - and much to the annoyance of Ladbrokes, William Hill etc because of various tax rules - as bookies. Betfair's job was to get people into the exchange - the chickens - to feed them to the foxes....nothing quaint about that.

An outdated model - once disruptive - now no longer useful - and let's not forget - this was an overpriced IPO that shafted a lot of people.

[gotnorolex] 07/1/2013 09:49

Betfair said it has reviewed its dividend policy and the medium term payout target had been increased to 40% of profit after tax.

[finkie] 06/1/2013 20:37

Forecast Ebitda of £65-70m that's 60-65p a share on 103m shares or a pe of 10 am I right on that one?

[major clanger] 04/1/2013 11:27

Betfair downgraded to hold (from buy) by Peel Hunt according to Broker Forecasts.

Their article includes an analyst quote "the turnaround will take time and there appears to be no short-term catalyst to drive outperformance".

The full piece can be accessed here:

[gotnorolex] 03/1/2013 21:18

BETFAIR NAMED AS PRESENTING PARTNERS FOR 2013 AUSSIE MILLIONS

The Crown Casino in Melbourne have announced an exciting new partnership - Betfair have jumped onboard the Aussie Millions Poker Championship for 2013 as official Presenting Partners.

On the announcement, Crown's Chief Executive Officer, Greg Hawkins said, "The Aussie Millions is Crown's marquee poker event, and there is terrific alignment between these great, established brands. Sport is an enormous part of Australian culture and Betfair's unique betting exchange is a fantastic complement to the Aussie Millions, and our poker patrons".

Betfair Australia CEO, Giles Thompson, added:

"Betfair has changed the wagering landscape in Australia with its unique betting exchange offering, whilst the Aussie Millions has introduced an innovative tournament which has heightened interest in the game of poker."

The deal will allow Betfair to occupy a number of premium branding positions, most notably on each table of play during the tournament. For more information on the Aussie Millions, visit www.aussiemillions.com. The prestigious series takes place in Melbourne from January 17 to February 3, with the AUD$10,600 Main Event kicking off on January 27.

[gotnorolex] 03/1/2013 20:54

Investec Gives Sell Rating to Betfair Group (BET)
When the ugly sister says Sell! It's a signal to BUY!
January 3rd, 2013 - 0 comments - Filed Under - by Latisha Jones
Group (LON: BET)'s stock had its "sell" rating reiterated by investment analysts at Investec in a note issued to investors on Thursday. They currently have a $9.44 (585 GBX) target price on the stock.
Betfair Group opened at 688.00 on Thursday. Betfair Group has a 1-year low of GBX 656.425 and a 1-year high of GBX 905.00. The stock's 50-day moving average is currently GBX 733.0.
Several other analysts have also recently commented on the stock. Analysts at Davy upgraded shares of Betfair Group to a "neutral" rating in a research note to investors on Thursday, December 13th. Separately, analysts at Barclays Capital reiterated an "overweight" rating on shares of Betfair Group in a research note to investors on Friday, December 7th. They now have a $16.53 price target on the stock. Finally, analysts at Jefferies Group reiterated a "buy" rating on shares of Betfair Group in a research note to investors on Tuesday, November 27th. They now have a $13.63 price target on the stock.
Betfair Group plc is an online betting and gaming operator. The Company's segments include Sports, Games, Poker, Management of customer funds, Other investments, Betfair US, LMAX and High rollers.

[major clanger] 17/12/2012 18:52

Hmmm... Now downgraded to sell by JPM after they did their sums on the back of the company's revised strategic plans and (*outch*) slashed its PT to 640p.

Saw this news here:

[nw99] 13/12/2012 09:32

Half year results from Betfair (BET) show a 5 per cent rise in revenues to £200.6m but a 22 per cent slide in underlying profits to £21m. Management has set out a three point plan to reinvigorate the business. We maintain our buy recommendation.

[nw99] 13/12/2012 07:13

Strategic highlights

· Plan to reinvigorate the business announced, with three key elements:

- Focus on regulated jurisdictions to increase sustainability of revenues

- Invest in product and brand to enhance our competitive position and drive growth

- Introduce greater accountability and become a leaner and more dynamic business; c.£20 million of savings identified to date

· Exiting from investments in LMAX and Kabam

· Dividend policy reviewed: medium term payout target increased to 40% of Group profit after tax, reflecting confidence in long term outlook and increased capital discipline