Andrew Black helped change the world of betting when he Co-launched Betfair in 2000. Nothing has been the same since, for Black, who amassed a personal fortune and the betting industry which for which the ramifications were huge. The man that changed the game. In five parts.

In Part 4, we discuss if he was surprised how racecourse bookmakers embraced something that was going to put many of them out of business, people finding edges on Betfair to beat less savvy players and premium charge.

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