To a point he makes sense, but for it to work the prices would have to be tied together with some sort of matching process for it to work.

As betfair does now for a punter to get a particular price another person has to be willing to lay at that price.

With TAB the price is dictated by the amount of money on a particular runner.

Would it be as simple as saying i want to lay the fav at $3 to win $10 so i hand over $20 or would i have to hand over $30 to create the pool.

Would it work as a par mutual pool, i can't see this being possible as you would not know what you are going to lose so how would they know what you should be paying.

Betfair pool has both sides in the market so a $100k pool is $50k of back and $50k of lay so looking at the same situation if they were all backing and laying that fav at $3 then the tab would get 15c for every $2 invested so that is $7.5k for this market, they would have to double the current betfair take out to match what they get from a race now.

Not sure if the maths work out correct as the higher the price of the winner the more a backer pays.

the TABs are just not interested in change.

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