Betfair shares

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Betfair shares

Postby doris_day » Mon Jul 18, 2011 3:13 pm

Someone is celebrating the new PC charges. Betfair shares are down to an all time low of 620....
'He was looking for the card so high and wild he'd never need to deal another' - Leonard Cohen
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Postby keesbart » Mon Jul 18, 2011 6:11 pm

On 29th June Betfair announced:

Betfair Group plc ("Betfair" or "the Company") (LSE:BET), the world's biggest betting community and one of the world's leading online betting and gaming operators, today announces that it intends to commence a share buy-back programme to make market purchases of up to £50 million of its ordinary shares ("Ordinary Shares") over the next 12 months.
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Postby doris_day » Mon Jul 18, 2011 7:07 pm

They ended the day on 615p. Someone, somewhere has been losing a great deal of money considering they went up to around 1550p in December
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Sports betting software from Gruss Software


The strength of Gruss Software is that it’s been designed by one of you, a frustrated sports punter, and then developed by listening to dozens of like-minded enthusiasts.

Gruss is owned and run by brothers Gary and Mark Russell. Gary discovered Betfair in 2004 and soon realised that using bespoke software to place bets was much more efficient than merely placing them through the website.

Gary built his own software and then enhanced its features after trialling it through other Betfair users and reacting to their improvement ideas, something that still happens today.

He started making a small monthly charge so he could work on it full-time and then recruited Mark to help develop the products and Gruss Software was born.

We think it’s the best of its kind and so do a lot of our customers. But you can never stand still in this game and we’ll continue to improve the software if any more great ideas emerge.