More Horse Racing + Poker
by Dan Michalski, Feb 4, 2009 | 1:05 am
From The Guardian: Betfair takes a £35m punt on American racing channel
Betfair, of course, sponsors WSOP-Europe. And they’re willing to take a $50 million gamble on their being able to somehow facilitate bets among American horse race fans? Very interesting …
Johnny Hughes says:
February 4th, 2009 at 8:53am
W.C. Fields said, “Horse sense is what a horse has that keeps him from betting on people.”
Kevin Mathers says:
February 4th, 2009 at 9:55am
I’m sure Betfair’s itching at the chance to have their system of betting (where bettors wager with each other, including if a selected horse wins or loses) happen within the US. However, I can’t see that particular system of wagering working here.
Dave says:
February 4th, 2009 at 4:59pm
“However, I can’t see that particular system of wagering working here.”
Have you put a lot of thought into that statement, Kevin? 🙂
Kevin Mathers says:
February 5th, 2009 at 9:11am
Not really, but I don’t put a lot of thought into most of what I say. I was referring to the betting exchange method that Betfair invented, I can’t see US officials want to encourage people betting on horses to lose, in fear of race-fixing and the sort.
Dave says:
February 5th, 2009 at 9:51am
Ah, right. I thought you meant the US public wouldn’t like it.
I think they would love it like we do here in the UK.
btw, It has always been possible to bet on a particular horse to lose in the US….you just bet on all the other horses in the race.
Anonymous says:
June 3rd, 2011 at 5:40am
i cant seem to understand all of this yet since im not really not into horse racing because i dont support gambling. either way (poker or horse racing) its still gambling.