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-   -   Tote v Betfair (http://forums.ozmium.com.au/showthread.php?t=15964)

shamanism 27th May 2007 07:47 PM

Tote v Betfair
 
I have often heard people saying that there is much better value using Betfair. On this site specifically I have come across threads which might state for example that Shamanism paid $1.40 the place on NSW (let's pretend that was the better of the three totes) and $1.50 on Betfair. My understanding is that Betfair is only an exchange, not a totalisator or bookmaker. Therefore are the prices that I have seen quoted just from individuals wanting to match a bet or is there a bit more to it that I am not aware of? Is Betfair difficult to use as a novice?

YoungBuck 27th May 2007 09:18 PM

Every price you see is an idividual wanting a price matched. Sometime better, sometimes worse than tote odds, but long term i would want betfair odds.

shamanism 28th May 2007 09:49 PM

Thanks YoungBuck


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