Article about & link to Bristish site Betfair, described as the ebay of betting in Beyer's online article today at http://www.washingtonpost.com/wp-dyn/articles/A3266-2003Jan2.html

As of this posting, the difference between the paramutuel prices & what could be obtained & locked in at this site for win betting on the 1st at Philly were: 1:5/2vs5-1 4:2-1vs3-1 6:2-1vs4-1. And you can also lay odds on specific horses.