Quote:
Originally Posted by biggestal99
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
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The sports wagering case in front of the Supreme Court will allow MP to begin taking Wagers two weeks after its approval. There will be no internet wagering for quite sometime as the main theme here is to get people to the track to wager. I would imagine within a year the next phase will be introduced and most likely that would be sw at casinos and eventually small bar type wagering venues which should then lead to internet gaming run by the tracks and casinos. William Hill will be the recipient of all wagering platforms. As I have stated since the day we all discussed sw I don’t believe it is the only revenue stream that can save horse racing in New Jersey but it is a good start with plenty of growth opportunity ahead.
