17th January 2012, 07:29 PM
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Member
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Join Date: Sep 2011
Posts: 1,561
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Quote:
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Originally Posted by Chrome Prince
They'll probably clone the major bookmaker early odds but with less market advantage.
When they get exposed on a runner, they will just bet back into the exchange because they have layed lower.
They will ensure that any back bets accepted can be layed off at higher odds.
Thereby not being a traditional bookie, but a conduit for them to trade large no risk margins.
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Chrome,
I think your right on this. What does that mean though for us punters who like to play the exchange. Does it mean increased money on the lay side ?Will this push down prices on the exchange so that laying again becomes profitable ? Especially on the longer shots ?
I haven't thought through the complications with this yet. I guess it will depend on the money they put back intot he exchange. Maybe it will mean nothing. |