
3rd January 2006, 12:34 PM
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Member
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Join Date: Jan 1970
Location: Sydney
Posts: 402
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A cute relevant UK insanity according to this Bolshy rag:
http://sport.guardian.co.uk/horsera...1676770,00.html
Apparently Betfair puts so much pressure on on-course prices that the official SP is now inching higher.
So relevant dinosaurs now want to introduce an alternate "industry friendly" SP!
The current local SP may often be a farce for the obvious reason that often there aren't that many relevant bookmakers about to produce a true market figure.
An alternative official SP based on something like the weighted average of TABs, Betfair and any other licensed outfit prepared to disclose turnover statistics within 30 seconds after race jump, would make considerably more sense.
But I won't be holding my breath for such market glasnost.
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