Question

[scoob4000]

Anybody know anything about a book out of London known as BetFair.com ? Some of the lines they put up are unique if you can understand them.

[jjgold]

Very big book, but caters mainly to euro sports, well at least that is what gets all the volume. They do not take us customers though,. They are the most sucessful person to person betting system in the world.

[dideh]

What can someone tell me about the person-to-person betting exchanges? Is it the wave of the future, or has it been around a long time? It's a new concept to me, but it seems like it would be better for the wagerer, and simpler/cheaper to make money (outcome irrelevant) for the exchange.

Anyone have thoughts?

[brink]

It's big in the UK but hasn't caught on here. Not enough interest. WWTS has one.

There was a place that tried to start up that I believe advertised here last year around this time but they never took off. I wanted to try it but there was never enough other players using the service to make it worthwhile

[Blowfish]

BetFair.com is getting alot of press in England. Apparently some of the big established regular sportsbooks are very nervous because this type of wagering is taking off so well. I think it will eventually take off in the US market once people learn what it's all about. A lot of college kids would be able to use it (not that that's legal).

At any rate, from what I've read, you should get a lot of interesting options at BetFair and they're doing quite well.

[FittyCent]

wwts has one called betp2p and it is pretty good. it is hard at certain times of the year to use it in the american market because serious bettors don't use them and the recreational bettors are waiting for football.

[brink]

I've always been interested in this if done properly. I'd like to be able to put up my own prices and essentially become the bookmaker (like they say on their site) to smaller players.

But I checked out the wwts deal yesterday and it didn't look like that was possible. It also looked like there was no activity on the site in general. I mean, there were no baseball offers that I could see.

Maybe I'm missing something?

[Blowfish]

I don't think WWTS is ready with their product yet. They launched the software, and then weren't happy with the way it worked. I have a feeling there will be a strong launch for football season.

[freefallin]

how does this relate to the legislation that is currently out there and the laws are pending? this makes the book not the bookie.