27th January 2014, 01:38 PM
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Member
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Join Date: Jan 1970
Posts: 4,426
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There's BetDaq and WBX that spring to mind.
Despite the commission reductions and lack of premium charges, both are struggling because of liquidity.
Neither offer Australian races as far as I'm aware.
If the TABs got their own betting exchange, there are many hoops to jump through. Licensing, paying a portion of profits towards racing bodies etc.
It's really not economically feasible for them as they are already taking 14.50% on some offerings and as much as 25% on other exotic pools.
It would make the implementation a backwards step (for them) because there's no way they could takeout those sort of percentages and remain competitive.
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