Quote:
Originally Posted by VigorsTheGrey
How is the betting exchange in New Jersey able to pull off in-race betting, even during the stretch run...?
How can the computer networks process the bets in so short a time when most video feeds have delays built into them.?
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The "exchange" system is a separate system from the pari-mutuel system. The "exchange" system is based on layers and backers, the layer is the one who believes the event will not happen(bet against) while the backer believes the event will happen(bet for). I have played the exchange about 8 times now each and every time it becomes easier. You are betting as the race is in progress
The odds are about 20% better for the "exchange" many of the times than the pari-mutuels. "Exchange" has a takeout of only 12% as well.