Yes, thanks Mark.

Doesn't laying races with small liquidity i.e. USA create problems? If you are going to lay the field how can you guarantee that you will obtain the desired prices, especially as the prices are continually changing? And how can you be sure every horse will be layed before they jump? Do you hit the Place Bets button once or several times (if trying to get the best Lay price)?

Mark, I've always been intrigued how you can get an "all green" field, especially on sporting/special events where the start-time is days in the future.

I presume you do not touch S.P. laying because there can be no trading except somehow combining it with the Exchange?

Thanks again for your input.