30th December 2004, 07:40 AM
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Member
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Join Date: Jan 1970
Posts: 2,790
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You're right, Floydyboy, about phone betting.
Originally the Gov't were considering banning all betting over the internet. But because of the outcry concerning loss of jobs in the racing industry the Gov't decided to compromise by only banning internet "in betting" and also casino-type betting. So while we can't bet online we can still bet by phone.
Imster, I think the drawback with Betdaq and iBetx is the market. The exchanges biggest betting events are English Football, and on comparison, Betfair's prices seem to be more attractive and much tighter with backing/laying. I presume this would also apply when iBetx operates on our racing. Maybe they might heavily promote it by offering better commission rates than Betfair or some other appealing initiatives? Hopefully the competition will ultimately benefit us.
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