11th May 2012, 05:47 PM
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Member
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Join Date: Jan 1970
Posts: 4,437
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See this is a completely wrong move by Betfair.
You need one rule for all and for all markets.
So what they'll do is pay 1.5% of turnover to NSW and later VIC and anything else make a free profit.
Funny thing is... a trader cannot back and lay, but a punter can lay the field or dutch bet the field giving exactly the same turnover and profit percentage.
So what are they going to do next, stop people investing on more than one horse per race???
They really haven't thought this through at all.
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