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punting to all!”
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SUMMARY
Betfair and the loophole
IN-THE-RUN REVOLT?
Will there one day be a revolt by punters wanting to bet “in-the-run” or “in-the- play” on racing and sports events? Maybe. At the moment, such a betting approach via the Internet or Betfair is banned in Australia.
We might well ask why? Is there any valid reason for denying Aussie computer punters the chance to bet while an event is happening, especially when it’s something like a golf tournament?
As one chap said on a racing forum on the Internet: “Our dumb politicians don’t think we are mature enough to be able to handle such a dangerous form of gambling.”
SUMMARY
GRINDING OUT A BETFAIR PROFIT
What would Betfair be without racing? Indeed what would any bookmaker be without the horses?
Very little probably, because horseracing is the staple of all their businesses; in fact it's above 70 per cent, which makes the sport absolutely crucial to the exchanges, and the bookies.
The great interest in the sport among the punting fraternity and rapid turnover of events ensures a constant stream of money.
