Traders betting on Racing in NSW cop in the neck

Had to happen. If betfair have to pay based on back bets they had no choice but to do this.

The model has died.

Fortunately for bf their handful of big market-makers have enough experience for them still to offer liquid markets.

Apparently, restricting the action of the traders, made very little difference to liquidity, at today's Rosehill meeting.

Allegedly only 30 odd traders contacted so no conclusion to be drawn IMHO

Real thread title should be no more trading on NSW markets for anybody based in Aus/NZ.  And Pumpkin, there certainly was a choice, and that was to simply cease operating on NSW markets to prevent the rapid downfall of BF in Australia.