Quote:
Originally Posted by Seabiscuit@AR
One issue with sports betting will be to the extent they allow "in the run" or "in play" betting on sports while the match or game is live. In particular if they will allow these live bets to be placed over the internet
Sports betting before the game/match starts is not that big a deal as turnover is not that big. However growth with "in the run" or "in play" betting on sports has exploded with some sports in recent years. It is this type of betting which could put horse racing into the shade
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Betfair also allows cashout before the event is over. which is an excellent way to lock in profits. with no worries about the outcome.
If Monmouth is allowed to take sports bets its almost guaranteed that they team with Betfair to provide internet options on sports betting. wonder what their commission will be? 8%? 10%? 12%?
Allan