Very interesting to see how this all pans out.
TwoFlys has also emerged as a lesser contender and I think that Betfair has a much better reputation.
Also anyone using twoflys, be very sure you read the fine print about money withdrawal and turnover of deposits etc.
It is important to know exactly what you' re allowed and not allowed to do.

The downside of these organisations is that a trainer, jockey, stablehand, owner etc - can invoke the services of a friend or relative to substantially "lay" a runner, which they know it has no chance of winning or is in poor condition etc.

The extremely positive upside however, is the scenario that becareful has just described, where you bet a selection either on betfair or IAS and lay it back giving you absolutley no risk.
These indeed may be more common than not and an opportunity to make some serious money, similar to takeover bids on the stockmarket when he stock trades at below the takeover bid for one reason or another.



[ This Message was edited by: Chrome Prince on 2003-02-21 18:34 ]