Betfred-casino review_OF FINANCIAL INSTRUMENTS

Annual report pursuant to Section 13 and 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Policies)
Notes Tables
Notes Details
Uncategorized

STOCK COMPENSATION PLANS (Assumptions Utilized To Estimate Fair Value For Performance Share Grants) (Details)

Betfred-casino review_OF FINANCIAL INSTRUMENTS v2.4.1.9

betfred sportsbook	3 Months Ended			12 Months Ended
betfred sportsbook	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Fair Value				$ 16.67
Performance Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grant Date Market Price	$ 17.62	$ 17.54	$ 20.58	$ 10.85
betfred sportsbook reviewAverage Expected Term (Years)	2 years 5 months	2 years 7 months 11 days	2 years 10 months 21 days	3 years 1 month 14 days
Expected Volatility	51.30%	54.00%	54.00%	52.90%
Risk-Free Interest Rate	0.83%	0.54%	0.54%	1.18%
Dividend Yield	3.40%	2.92%	2.92%	4.30%
Fair Value	$ 19.02	$ 18.93	$ 22.21	$ 10.61
Fair Value (Percent of Grant Date Market Price)	107.92%	107.92%	107.92%	97.79%

- Definition

Share Based Compensation Arrangement by Share Based Payment Award Grant Date Price

+ References

No definition available.

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- Definition

Discount rate from fair value on offering date that participants pay for shares.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section 50

-Paragraph 2

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- Definition

The weighted average fair value at grant date for nonvested equity-based awards issued during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan).

+ References

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-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

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- Definition

BetfredThe estimated dividend rate (a percentage of the share price) to be paid (expected dividends) to holders of the underlying shares over the option's term.

+ References

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-Publisher FASB

-Name Accounting Standards Codification

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- Definition

Expected term of share-based compensation awards, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.

+ References

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-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

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-Subparagraph (SAB TOPIC 14.D.2)

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-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 14

-Section D

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- Definition

The estimated measure of the percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period.

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- Definition

The risk-free interest rate assumption that is used in valuing an option on its own shares.

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