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Old 08-26-2009, 10:47 PM
Cannon Shell's Avatar
Cannon Shell Cannon Shell is offline
Sha Tin
 
Join Date: Aug 2006
Posts: 20,855
Default A glimmer of hope?

http://www.techcrunch.com/2009/08/25...ley-engineers/
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  #2  
Old 08-26-2009, 11:22 PM
The Indomitable DrugS's Avatar
The Indomitable DrugS The Indomitable DrugS is offline
Flemington
 
Join Date: Dec 2006
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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.
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.
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