Betfair will tighten bookies markets once they are allowed to trade with an exchange, and will only continue to improve tote pools due to the arbitraging/trading factor - in nearly 3yrs of Betfair covering Aus racing - have any tote pools gone down? They certainly hadn't before the TVN/Sky saga....

TAB execs just do not understand their market at all - with the exception of Dick McIlwain at UniTAB - he sounds like he has his head screwed on properly.