Betfair's person-to-person betting exchange has revolutionised betting, affording punters around the world greater choice, value and control over their betting experience. In keeping with its innovative reputation, Betfair is now offering its punters the capability to bet live, online, on Australian horseracing - as races are being run.

*20% better odds figures based on direct comparison of Betfair weighted average prices (less 4% commission) against the price available from the totalisator based in the same state as the race meeting, across winners in Victoria and New South Wales from 1 November 2009 - 31 January 2010.

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