Quote:
Originally Posted by biggestal99
It’s why exchange wagering failed in jersey.
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That surprised me.
I wasn't able to use it because I don't live in NJ, but if I had access to an exchange, I would constantly be making bets through the exchange instead of the parimutuel pools. Exchanges give you a chance to get a better price (I have a friend that used it that often got better prices) and also to book bets instead of going fishing when you don't like a short priced horse but have no real opinion on anyone else. Maybe you'll split your action 50-50, 60-40, 70-30 or whatever depending on where the best value is. I played on an exchange for a short period and my volume was never higher because I had more options.