Thread: vBookies
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Old 25th July 2008, 01:54   #26 (permalink)
peterstorey
Winner of the 'Most pompous arrogant pretentious Gooner' title 2004
 
Join Date: Nov 2002
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Quote:
Originally Posted by kietotheworld View Post
You'd need a license for that, surely? And there'd be considerable risk if the Bookie made a fuck-up. I've never seen it done with real money.
It would be an exchange scenario with nil risk to the caf.

Quote:
Originally Posted by Top View Post
Would never work, Storey.
Could do. Even if the caf had to be licensed as a bookmaker. Basically the cafites would benefit from better odds (since many of them bet with conventional bookmakers despite my frequent advice NOT to do this) and the caf could hoover up the 5% betfair comm (less my 1% comm for getting it all going)
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