Betfair US NJ exchange wagering - Goes live on 10th May

News, chat and debate about the Betfair betting exchange.
andyfuller
Posts: 4619
Joined: Wed Mar 25, 2009 12:23 pm

Cheers for posting that link Peter - I couldn't really figure out from what he said if their money (USA residents) is traded separately from the ROTW or if it is all in the one pool.

Does anyone know?
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Euler
Posts: 26234
Joined: Wed Nov 10, 2010 1:39 pm

Pooled liquidity
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Euler
Posts: 26234
Joined: Wed Nov 10, 2010 1:39 pm

Been following the twitter feed: -

https://twitter.com/BetfairUSA/with_replies
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Euler
Posts: 26234
Joined: Wed Nov 10, 2010 1:39 pm

@PremiumCharged Pricing is set on a per-market basis. NJX is 12% of winning wagers, with no premium charge.

@Streetlight9 NJX features, including no premium charge, are available only to permanent NJ residents who are physically in the state.

@Streetlight9 Yes. So long as you are a permanent NJ resident physically in the state, you have access to all NJX features and conditions
skotten84
Posts: 42
Joined: Thu Mar 10, 2016 3:36 pm

Ah hah! So the ROTW can trade these races with the same commissions as usual, but the liquidity will be much better as US residents will be able to trade too?
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Euler
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Joined: Wed Nov 10, 2010 1:39 pm

19:46 £3.3k matched
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Euler
Posts: 26234
Joined: Wed Nov 10, 2010 1:39 pm

£12k 20:16
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Euler
Posts: 26234
Joined: Wed Nov 10, 2010 1:39 pm

21:20 £12.5k
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Dallas
Posts: 23487
Joined: Sun Aug 09, 2015 10:57 pm

Its going in the right direction :)
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