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#3
08-20-2010, 10:08 PM
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Racing needs a single national betting exchange market with strong liquidity that inflicts only a reasonable per race commission. It also needs to bring a whole lot of innovation and razzle dazzle into it. The liquidity will probably have to come from a market maker .. which means it will probably need to rely heavily on BetFair or else hire its own people to do this - and basically become a bookmaking operation in the process - one that will have to take a lot of risks.
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