Tag: betting exchange
More confusing exchange legislation, this time in Italy
News last week that legislation has been tabled in Italy to legalise the use of Betfair from an exchange perspective. But the legislation looks horrible.
For about two years Betfair have not been accepting new registrations from Italian customers, so an update on legislation has been long awaited. From what I can make out at the moment the Italian exchange will only be open to Italian residents betting on a very restricted range of markets. For example there would be …
Book%
I fielded a question from somebody recently about the book% and what information does that contain?
I’ve seen quite a few theories about what the book% can actually tell you, but here is what it tells me.
At it’s most basic level the book percentage is merely a broad measure of the market. A big number of selections will equate to a big book% and small field a small one. This is due to the spread between back and lay …
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