Tag Archives: Betfair

Betfair – Trump hits lowest odds for US Presidency victory

Trump, Next President

Following the announcement that Republican Presidential nominee candidates Ted Cruz and John Kasich had conceded GOP party representation to Donald J Trump, Betfair’s online exchange has recorded its lowest price on ‘Trump taking the White House’! The Betfair exchange currently prices the controversial New Yorker at 3.7 to become the next US President. At current market pricing Betfair detailed that …

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Betfair’s ‘Brexit’ market on course to break political records

SBC News Betfair’s ‘Brexit’ market on course to break political records

Betfair’s ‘Brexit’ market has exploded into life this week with just under £4m matched between customers in the last seven days, bringing the total traded in the market to £8m. ‘Remain’ has been backed into a heavy 2/5 favourite, with odds implying a 71% chance to win, whereas Brexit has weakened to a 12/5 outsider representing a 29% chance to win. …

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Paddy Power Betfair seeks to merge advertising accounts

SBC News Paddy Power Betfair seeks to merge advertising accounts

The Irish Independent reports that recently merged Paddy Power Betfair (PPB) will look to cut one of its media agencies. Seeking further corporate alignment between Paddy Power and Betfair assets, PPB governance is reported to want to merge its entire + £40 million advertising account under the control of one lead agency. PPB will review its marketing planning and buying …

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Betfair US launches New Jersey exchange in partnership with Monmouth Park

SBC News Betfair US launches New Jersey exchange in partnership with Monmouth Park

Paddy Power Betfair (PPB) subsidiary Betfair US has announced that it is set to launch its exchange wagering services for the state of New Jersey, in partnership with licensed racetrack operator Monmouth Park. The partnership sees the first launch of a betting exchange product in the US market, allowing for players to take odds by proposing or matching anonymous trades …

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Betfair relaunches ‘Back Yourself’ campaign for the 2016 London Marathon

SBC News Betfair relaunches 'Back Yourself' campaign for the 2016 London Marathon

Betfair has relaunched its successful ‘Back Yourself’ campaign to mark the 2016 London Marathon.  As such anybody taking part should visit the site as it offers runners the chance to win money for their charity by betting on themselves to hit their target time. The site will be open to all participants from Wednesday 20th April until Saturday 25th April. There’s …

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Betfair sees ‘greatest cash-out of all time’ as punter nets £53,000

SBC News Betfair sees ‘greatest cash-out of all time’ as punter nets £53,000

Betfair’s trading team has declared that it has witnessed its ‘greatest cash-out of all time’, as a punter this weekend pocketed £53,000 from a potential £1.5 million accumulator. The football punter had placed an incredible 22 match accumulator on this weekend’s football matches (listed below). Betfair detailed that the punter had nerves of steel, as he had been offered a …

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Betfair’s Ralph Ellis: Martin v Joshua could be closer than you think

SBC News Betfair's Ralph Ellis: Martin v Joshua could be closer than you think

 There’s much talk about who’ll Anthony Joshua will fight after his next bout; will it be Fury, or perhaps David Haye? First up though he’s fighting the IBF World heavyweight champion Charles Martin, in what could prove to be a brutal contest. The fight is taking place at London’s 02 Arena on Saturday 9th April. Betfair’s Ralph Ellis though believes there …

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Paddy Power cuts 300 Irish jobs

SBC News Paddy Power cuts 300 Irish jobs

Irish news sources have reported that Paddy Power is set to cut up to 300 jobs from its Dublin operations in-line with its post Betfair merger strategy. The betting operator informed its Dublin staff yesterday. It is reported that the job cuts will likely be in overlapping business areas such as marketing, technology development and trading. Paddy Power Betfair (PPB) …

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Paddy Power copes best with Cheltenham Gold Cup traffic

SBC News Paddy Power copes best with Cheltenham Gold Cup traffic

Paddy Power coped best with the extra website traffic during Gold Cup day at Cheltenham last week, according to Capacitas, a company that specialises in preventing websites from crashing. As reported in iGaming Business, Capacitas said that the conversion rate of a website degrades when page load time exceeds two seconds. Research from Capacitas showed that around the time of the …

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Andy McCue exits Paddy Power Betfair

SBC News Andy McCue exits Paddy Power Betfair

Newly merged Paddy Power Betfair has confirmed that Chief Operational Officer (COO) Andy McCue has decided to step down from his leadership role at the FTSE 100 listed operator. The announcement of McCue’s departure will surprise many industry commentators, who had predicted that McCue would likely succeed Breon Corcoran as CEO of Paddy Power Betfair in the near future. McCue …

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