Betfair to pay out £21 million on error

  • Dave Scott
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Re: Re: Betfair to pay out £21 million on error

13 years 7 months ago
#186525
Mac does the work for you pre set your limits on specific horses or sporting events, u go to work and it buys and sells / trades for you and when u get home after a hard day at the office your credit is in the bank.....easy stuff

Ps just make sure you load the correct info before u leave lol

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  • Mac
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Re: Re: Betfair to pay out £21 million on error

13 years 7 months ago
#186542
Oh wow! Something like the stock market and to a limited degree I suppose Interbet. I like that.

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  • Jack Dash
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Re: Re: Betfair to pay out £21 million on error

13 years 7 months ago
#186570
easy Wrote:
> Jesusmaryandchild
>
> read the conditions, its for full time bot
> operators that are betting "in more than 1000
> markets"
>
> This is going to be introduced to curb the games
> players that are seeding all the markets and using
> betfair as a vehicle to generate huge income.

A race is a market, so betting in 10 races a day would take you to a 1000 markets in 12 weeks. If you are a favourite layer you could do 30 a day and be bored...you would do 1000 markets in 4 weeks.

But don't sweat, a million pounds in 999 markets will keep you in business. How hard can it be to keep your profit at an average of a £1000 before you trigger the holy trinity 1000 market mark? Probably easy for you.

All the best and please keep us posted once you are there and firing.

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  • easy
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Re: Re: Betfair to pay out £21 million on error

13 years 7 months ago
#186587
@ Mac


marketfeederpro

is the best one i found (and use) if you good with excel this software is limitless.


an example you write a "desire" in words and the translate it into excel



" 5 minutes before the start of a football match i want to lay the draw provied the ammount traded on the game is greater than £100000, when the games starts i want to continue to bet in the game by attempting to lay the draw back and ensuring i make 2% nett profit what ever the outcome of the game, i want my stake to be £20"

simple as that

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  • easy
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Re: Re: Betfair to pay out £21 million on error

13 years 7 months ago
#186594
@ Jack Dash

if you betting in 10 races a day you are a trader and not a punter (succesful one)

this is simple, if you are a trader/scalper you will be in 100000's of markets and you will pay on your nett earnings over the year.

If you a gambler/punter and use betfair for getting on and you are succesful then you wont pay fu ckall because you wont be a sick puppy betting on every race under the sun

hope this helps

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  • easy
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Re: Re: Betfair to pay out £21 million on error

13 years 7 months ago
#186608
@ Jack

which is why having a MSA (master sub account)
is the way round paying the fees (with their consent)

So you have a global account with 10 sub accounts

I use mine as follows

1: in running laying hurdles
2:in running laying chases
3: USA back to lay
4: SA racing
5: All other racing
6: sport mainly football

I dont have the problem of having to pay in because i am nowhere near the £250K but that would be paid on the individual acc and not the msa.

this was still the case as of a few months ago, maybe things have now changed?

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