Betfair's profits rise
- ArberPro
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Betfair's profits rise
Betfair announced that it had a 22% rise (£119 million) in quarter 2 for 2014 gaming revenues.How is this possible after withdrawing from many markets ? I thought matchbook was gaining ground.
- X_Gambler
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Re: Betfair's profits rise
According to their ppt due to aggressive marketing campaigns on cash-out and price-rush..
Soon they will add their own cross market bet-matching engine to boost liquidity
Soon they will add their own cross market bet-matching engine to boost liquidity
- arbusers
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It is the agents that brings them back the volumes lost.
Re: Betfair's profits rise
I was wondering who could believe this!X_Gambler wrote: According to their ppt due to aggressive marketing campaigns on cash-out and price-rush..
It is the agents that brings them back the volumes lost.
- djordjeno
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Re: Betfair's profits rise
True. I compare previous matched volumes on UEFA Champions leagues matches and nowadays is smaller then few years ago.Arbusers wrote:I was wondering who could believe this!X_Gambler wrote: According to their ppt due to aggressive marketing campaigns on cash-out and price-rush..
It is the agents that brings them back the volumes lost.
- dwaynnyt
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Re: Betfair's profits rise
I think that's one of the probable reason why there are so big. I mean, they have their ways on getting that much profit despite of the challenges. Maybe we could ask the owners or accountants.
- Arbman
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- Opaque
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Re: Betfair's profits rise
I concur. I think a lot of newcomers give up on the exchange and use the "easier" standard sportsbook.Arbman wrote: Might be due to the introduction of their sportsbook