Betfair Volume Analysis

[Euler]

Immediate impression is that without Cricket the exchange would have shed £5-6bn in turnover since PC was raised to 40-60%.

Financial bets (which I think could have been such a great area) has almost evaporated -98%

[Euler]

Greyhound racing only showing as £810k for 2015, that seems low.

[Euler]

Looks slightly anomalous. £26m in 2011, £2.5m in 2012?

£400k the year after

[LinusP]

Looks slightly anomalous. £26m in 2011, £2.5m in 2012?

£400k the year after

Which sport?

[Euler]

Greyhounds

[LeTiss]

Depressing reading, but not surprising

If BF have any desire whatsoever of stimulating the exchange, they need to end PC. The problem is, they are so flipping arrogant as a company, they will never do it out of principle

[LinusP]

Greyhounds

[Euler]

Thanks, my error not adding PE and NI

[Euler]

Depressing reading, but not surprising

If BF have any desire whatsoever of stimulating the exchange, they need to end PC. The problem is, they are so flipping arrogant as a company, they will never do it out of principle

Just reassure yourself that Breon paid himself £11m of our money last year turning Betfair from one of the most loved gambling companies ever created, into one of the most hated. A generation of punters is being encouraged to lose lots of money when a click away they would be so much better off. Nice if you can get away with it, but unlikely to win any awards for morality.

[LinusP]

Thanks, my error not adding PE and NI

I think I remember that PE/NI/IP changed for some sports, when looking at average bet size on greyhound racing you can see a big drop when filtered on 'In Play'.

[Euler]

Since 2012 pre off turnover has fallen from £19.5bn to £16.9bn

Comparisons on individual sports, top ten sports by turnover (pre off) : -

Horse Racing -4% - £10.31bn vs. £9.88bn
Soccer -27% - £5.73bn vs. £4.16bn
Tennis -31% - £1.36bn vs. £0.94bn
Greyhound Racing -10% - £0.72bn vs. £0.65bn
Cricket +57% - £0.37bn vs. £0.58bn
Basketball -48% - £0.22bn vs. £0.11bn
American Football -2% - £0.1bn vs. £0.09bn
Golf -14% - £0.09bn vs. £0.08bn
Australian Rules -39% - £0.07bn vs. £0.04bn

[LinusP]

Doesn't really match up with LON:BET....

[Euler]

In-play volumes have risen, thanks fully to Cricket. Where the most volume is on matches played in countries where you can't bet or can't bet inplay

Soccer -13% - £13.73bn vs. £11.98bn
Tennis -7% - £9.94bn vs. £9.24bn
Cricket 73% - £5.17bn vs. £8.95bn
Horse Racing -5% - £2.63bn vs. £2.49bn
Basketball -16% - £0.7bn vs. £0.59bn
Golf -1% - £0.25bn vs. £0.25bn
Darts -11% - £0.17bn vs. £0.15bn
Snooker -25% - £0.17bn vs. £0.13bn
American Football -8% - £0.15bn vs. £0.14bn

[Euler]

Doesn't really match up with LON:BET....

N, well all he has done is transfer low margin business to higher margin business and cut costs. I reckon it would have unravelled in the next 18 months or so, but the merger will hide that now for the foreseeable future.

[LeTiss]

Those Basketball figures don't surprise me at all, Peter

The NBA used to be a superb trade pre-off, it always amzed me at the excellent liquidity on offer

However, it's quite noticeable how that's changed, it really has faded badly