Mark, Could you give me an idea as to the level of wager one could have on a race like today?

I would imagine the amount of money would not be huge, especially during the week. For instance, would I have been able to back the horse you mentioned today for $2,000 without taking multiple bets for smallish amounts?

I admit to not being very knowledgeable re betfair and how it all works but from the little I have seen I suspect that it would be difficult to get set for a largish wager without taking the multiple amounts on offer and even then you might not get set for the amount you wished to wager by the time the race was to start.

If I'm missing something and I have it all wrong please let me know because the odds ARE definitely attractive (of that there is no doubt) but if I have to deal with taking bets for $200 here and $300 there then it's too hard (for me) at the moment. This is particularly so if I have a couple of races running back to back and, using betfair, I have to view 2 (or more) races at once all the time trying to get set for the full amount. This could lead to certain levels of confusion (on my part) and I will get totally lost.

Perhaps when everyone is using it and the amounts available are large the bigger punters might move in but until then it seems to be more trouble than it's worth (for those betting in larger amounts anyway). The $20 or even $100 punter could use this system a lot easier than a larger denomination punter (I think).

However, I look forward to the developments that WILL have to come.

_________________
Regards

[ This Message was edited by: michaelv on 2004-07-14 19:54 ]