Mark is a 40 year-old Betfair trader from Victoria who stands out, among the many investors we have profiled in this series, for one simple reason. He actually goes to the track as a punter. Regularly.
He’ll be on course four to five days a week with laptop in hand, looking to back a winner at minimum risk and placing the odd commission for colleagues. Perhaps he simply feels at home or comfortable at the races given that he’s been an attendee most his life, working for various bookmakers including, at one time, his father.
Not that he stood out for any extraordinary success as a punter, at least not until the advent of Betfair. “I was the worst judge in the world and was never much of a punter. There was a more reliable quid working for the bookies,” he said.