Over the past few months, there has been some excitement about the prospects of exchange wagering being permitted in the USA , particularly California and New Jersey. The governments of these two states have passed legislation to allow exchange betting on local horse racing, with Betfair heavily involved in the lobbying. All that has happened is the current gambling legislation has been expanded to include a racing-only betting exchange as an option, it's not a given, and it's certainly not a given that Betfair have the rights to it. There are still some huge obstacles a betting exchange has to overcome before a Betfair-branded exchange is up and running in the USA. 1 - the debate over the ethics of laying horses . That hasn't occurred yet, and there's no reason to believe American racing people will be any less antiquated than the rest of the world when it comes to explaining that you can effectively lay a horse via current wagering systems, it's just more comp...
A blog about betting, trading, sport and some of the dodgy elements within them. www.sportismadeforbetting.com.