Australian racing invites back traders
Good news from the ever changing world of racing today as Betfair confirmed that the recent announcement from racing Victoria meant that conventional trading was going to be possible again, at least in the state of Victoria.
Previously a turnover charge was levied on activity and that killed the prospect of backing and laying in the same market. Now Victoria are saying they want the charge levied on net activity in the market. So they benefit from new revenue and the market can welcome back a whole range of complimentary activity. Good news!
Full statement is laid out in the forum.
Category: Australian, Horse Racing
