I am from vic and recently before placing a bet had to agree thatI had been informed by betfair that placing a bet with them may be against some legislation in victoria. Needless to say I agreed and promptly placed my bet and several more to boot. By backing a horse to win, you are stating that the rest are going to lose, so why should they worry about people backing horses to lose? BY laying a horse you are just playing the role of a bookie and theyre still legal so why cant the public do the same thing?
I will go on record now as stating that betfair will be granted a liscence in every state in australia at some stage within the next 3 years. !!!!