Exchange Wagering at Keeneland and Woodbine

Betfair has announced that Keeneland and Woodbine will be among the tracks with exchange wagering this year.

The full list now includes Keeneland, Woodbine, Monmouth, Meadowlands, Charles Town, Delta Towns, Emerald Downs, Evangeline Downs, Hawthorne, Mountaineer, Presque Isle Downs, Sam Houston, Tampa Bay Downs, Turf Paradise, Turfway Park, and Will Rogers Downs.

Betfair and DRF Webinar

Betfair and Daily Racing Form are doing another introduction to exchange wagering in New Jersey today at 2pm Eastern.  The presenters will be Bart Barden (US Exchange Director for Betfair) and Peter Thomas Fornatale from DRF.  They'll be talking about how to use NJX and taking a live look at some of Friday's races at Monmouth Park.  The sign-up link is: https://attendee.gotowebinar.com/register/640881513453588740 for anyone who's interested.

Update on Status of Exchange Wagering in California

I haven't seen any other coverage of this, but thought I'd provide an update.  My understanding is that in addition to NJ, exchange wagering is technically legal in California (and has been for years), but just hasn't "been implemented".  It's a bit unclear to me whether this simply means that Betfair or other potential operators haven't yet been able to reach an agreement with industry participants in California, or whether some sort of regulatory action needs to take place.

In any case, the bill legalizing exchange wagering in California apparently became 'inoperative' on May 1st and was set to be repealed on January 1st of next year.  The California legislature is working towards extending the deadlines by four years, with the assembly having already passed the extension and the senate beginning to consider it now: https://legiscan.com/CA/bill/AB2808.

You can read the full text of the legislation being considered here: https://legiscan.com/CA/text/AB2808/2015.

Betfair Exchange Simulator

I just noticed that Betfair has an exchange simulator.  According to at least one of their tweets, you don't have to be in New Jersey to play around with the simulator.  It's pretty simple (and not an exact replica of the betting exchange), but will at least let you get familiar with the basics of how the exchange works, while you wait for exchange wagering to come to your state.