Quote:
Do you know that Betfair put a financial penalty on anyone who wins more than £10,000 on their site.
After £10,000 they deduct 20% of any future winnings. Betfair should change their name to Betunfair.
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Assuming that is ture - it's just like getting cut off.
From studying the american horse racing markets there for a while now ... it's pretty clear to me that the great liquidity you see is coming from a mostly surprisingly sharp bookmaking entity working for the site .. certainly not person-2-person.