Hong Kong racing on Betfair
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Anyone going to the event?
I probably won't be able to make it but it should be a good night. |
And could be over before its really started, cease and desist letter sent to betfair from the HKJC.
Be interesting to see what comes out of it, guessing betfair will have to back down or face legal action, cant see the HKJC changing there tune towards betting exchanges. Anyone got a citibet hook up? |
https://www.racenet.com.au/news/hon...etfair-20190904
For those wanting to read about it. I had incorrectly assumed by reading the statement issued that they had received approval through the HKJC. Interesting if they didn't as they would have known this was going to happen. If they knew this was going to happen then they must have some legal precedent on why they can do it. This will be an interesting fight to watch. |
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I have been approached several times. It can be arranged easily enough, I even checked it out for a short period (no bets placed). I don't trust it. I wouldn't recommend it and I would steer clear of it. Its already ethically wrong (not paying fees/taxes) and its likely owned or operated by people you don't want to meet in a dark alley. There are enough legitimate operators to choose from (betfair being the easiest for winning punters). |
markets up for tonight's racing, looks like Betfair are showing theHKJC the middle finger for now.
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Not really. They have withdrawn the "in play" facility which is a major point of contention. Just went in play. So you're correct. |
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Yep saw the email this afternoon. Not surprising really.
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