In-play Betting Controversy
Betfair offer in play betting on a variety of horseracing events. There has been considerable controversy surrounding bets placed on events televised by the satellite channel At The Races. This is because the "live" transmissions are actually the subject of an artificial delay of up to five seconds. This means that customers of Betfair find themselves in the invidious position of placing bets on outcomes that have already been decided. A whole industry has grown up to take advantage of Betfair customers who watch at the races and bet in play. These enterprises use faster transmissions to "front run" Betfair customers. Matt Williams of the Racing Post described the situation: "Why would anybody want their pockets picked by punters privileged to a faster feed? Some exchange wagerers carry on punting regardless, whereas other, greener, in-running punters are oblivious to the speed differences."
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