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I guess this goes to show that things are never quite as good as they seem at first glance. I guess the question I have for you. Is the fees in total more than you than lets say the takeout of 18% if you had made the wagers in a parimutuel pool? In other words as an American bettor, is Betfair a better deal than what we have now?
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Some day in the not too distant future, horse players will betting on computer generated races over the net. Race tracks will become casinos and shopping centers. And some crooner will be belting out "there used to be a race track here".
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