9th August 2007, 12:56 AM
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Member
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Join Date: Jan 1970
Posts: 4,367
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There are a few old school heavy punters just starting to discover the advantages of Betfair. It's a catch 22 situation though, the low liquidity is holding them back. They are using it as an additional edge rather than the sole investment portal.
In the UK, Betfair has a much higher profile and has been marketed better, so many young traders have discovered the opportunites. There are a hell of a lot of traders using Betfair there. There is not the Government opposition either, that they have faced here.
Traders (not punters) have not really discovered Betfair yet - they don't know about it. The one's that have, have more than likely considered it a gambling site rather than a trading opportunity.
I'm sure liquidity will improve dramatically when this trading facility is discovered by traders rather than punters, and word spreads.
I forsee the upturn in volume, coming not from punters, but from traders who know nothing about horseracing.
It's really a matter of time.
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