Joel Stein: "Now I get it"

[Calzone Lord]

Originally Posted by Rudeboyelvis

IMO, while a unique idea, exchange wagering is a gimmick that would never return it's costs to implement.

Don't agree at all.

Places like Turf Paradise and Presque Isle Downs routinely match over $50,000 a race on BetFair --- and that's with US bettors strictly shutout.

Exchange betting would be far more popular here than it has been in Europe...and it's done quite well in Europe.

Exchange betting in Europe...horse racing also has to compete with virtually every sport known to man. In America, horse racing could have it all to itself.