1. How does betfair attract a lot of money in to the their markets when compared to other exchange markets?
2.why does betfair don't have any big rival/competition?
3. Why it is banned in INDIA,where all other bookmakers running their business?
4. How much does it cost if i was to start a exchange market only for Horse races?
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2. Same as 1. There cant be many exchanges same as there cant be 5 pinnacles.
3. Jurisdictional reasons. Betfair asf as iknow does not have "overall" licence to serve other countries(Like licence from Isle Of Man etc)
4. Depends on your local laws and deals you get with Agents etc.
Re: looking for answers
1. They offer more markets compared to other exchanges. Also being first helps a lot. + powered by BF option.wizcuz wrote: 1. How does betfair attract a lot of money in to the their markets when compared to other exchange markets?
2.why does betfair don't have any big rival/competition?
3. Why it is banned in INDIA,where all other bookmakers running their business?
4. How much does it cost if i was to start a exchange market only for Horse races?
2. Same as 1. There cant be many exchanges same as there cant be 5 pinnacles.
3. Jurisdictional reasons. Betfair asf as iknow does not have "overall" licence to serve other countries(Like licence from Isle Of Man etc)
4. Depends on your local laws and deals you get with Agents etc.