new jersey exchange wagering

Betfair US/TVG’s Levin Sees ‘Positive Early Indicators’ In Exchange Wagering Launch In New Jersey

Earlier this year, Paddy Power Betfair, the U.K.-based gambling giant, launched its exchange wagering platform in New Jersey in partnership with Monmouth Park, making New Jersey the first state to offer the fast-paced form of wagering popular in other countries. Kip Levin, a relative newcomer to racing who was named CEO of Betfair US and […]

Continue reading
Exchange Wagering May Draw In ‘New And Younger Fans’ To Bet On Horse Racing

For the seven weeks that exchange wagering has been in place in the state of New Jersey, Betfair US has seen promising returns, reports Joe Drape of the New York Times. According to the New Jersey Racing Commission, $1,142,228 has been bet on the exchange in the first seven weeks, a period which generally handles […]

Continue reading
Exchange Wagering Operator Betfair Will Sponsor Haskell Invitational

Betfair, the operator of the world’s most popular exchange wagering platform, has teamed up with Monmouth Park in Oceanport, New Jersey to become the title sponsor of New Jersey’s most prestigious race, the Grade I, $1 Million Haskell Invitational. Under the agreement, the race, which will be contested on Sunday, July 31, will be called […]

Continue reading
Betfair’s New Jersey Exchange Wagering Site Set To Launch Tuesday

Betfair is expected to launch the first exchange wagering site in the U.S. today in New Jersey. According to the Daily Racing Form, the site will be somewhat limited in the first few days, since the live racing schedule is light. The new Betfair site will allow residents of New Jersey to accept and make bets with […]

Continue reading
New Jersey Racing Industry Hopes Exchange Wagering Boosts Sagging Numbers

New Jersey horse racing has faced declines in both track attendance and betting numbers since casinos ceased supplementing the purse structure in 2011, reports the Associated Press’ Bruce Shipkowski. Bob Kulina, president of Darby Development which operates Monmouth Park, said that it is difficult to compete when his track has only one source of revenue, […]

Continue reading
Jockeys, Exchange Wagering And The Risk of ‘Inside Information’

Earlier this winter I got a call from a South Florida owner asking about a jockey who had won the previous day’s final race at Gulfstream Park at odds of 36-1. “His name was F. Lynch,” the owner said. “I think he got into some kind of trouble in England.” “That would be Fergal Lynch […]

Continue reading
Twitter Twitter
Paulick Report on Instagram