Why they slowly turned horse racing into a 450lbs lady with no tattoos or herpes...?

[brockguy]

Originally Posted by The Indomitable DrugS

There are ways around the wait with Betfair - and you can be in action at Ehorse's exchange within 10 minutes... albeit that's less liquidity, but if you have both markets open together - just offer about what's quoted at Betfair at Ehorse... and funny how it will get matched more often than not.

The only knock on the exchanges is you can't get down on exotics with them.

Within 10 minutes, anyone - even the smallest of bettor - can have an exchange and an 8% rebate on exotics. That's not exactly a secret. There are other, more elaborate paths to better deals as well. Basically, it's not the existing horseplayer being gouged as much as it is the future of the sport.

yeah the exotics would be a hurdle especially in the States where it is so ingrained in your betting culture.

I can definitely see top tracks like Saratoga in the summer match $5million plus per race in the win market easy if it was fully opened up.. If a suitable agreement was put in place to give the tracks a fair cut (the difficult part), exchange betting has huge potential.