Exchange Wagering

[GoIrish]

I think Betfair has done a pretty poor job of training the betting public on how this works. I stopped by that tent at Monmouth and the college dropouts working it could not really explain how it works or why it may be better than the parimutual system. But I got a can koozie. I do not know any more about exchange wagering than I did before they introduced it; that is to say: nothing.