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Betfair

Info about betting exchanges.
whitesnake
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Re: Betfair

Sat Aug 24, 2013 6:31 am

or, I think we could cancel all unmatched bets before the start of the game and try to place them again after the game has started.
qbet
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Re: Betfair

Mon Oct 14, 2013 11:32 pm

Betfair recently added 2-step authentication. First you need to install Google authenticator on your smartphone/tablet and then you can activate it by going to my account/my security. I've tried it and it's much faster than using Skrill's security tokens.
peleus
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Re: Betfair

Sun Dec 15, 2013 3:58 pm

By the way, I got caught here. I place the bets as soon as the game started like literally seconds. I think they have a machine to check this and my bet was void.
Luis
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Re: Betfair

Fri Jan 24, 2014 3:09 pm

Just logged in my Betfair account and received a message saying that starting on 30th January Betfair will increase comission to 6,5% in Portugal. >:(
KimKanon
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Re: Betfair

Fri Jan 24, 2014 3:43 pm

Same ting for swedish players :/ "To ensure you continue to get a premium experience, we are increasing the base commission rate on Betfair Exchange markets in your country to 6.5% from January 30th."
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Re: Betfair

Fri Jan 24, 2014 3:47 pm

betfair have turned in to one of the most greediest and vile companies i have ever come across.
tarzan
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Re: Betfair

Fri Jan 24, 2014 3:50 pm

Also in Austria!  >:(
tarzan
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Re: Betfair

Fri Jan 24, 2014 4:04 pm

Why 6,5 %?
I will send them a massage that 10% is much better!
MF!
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Re: Betfair

Fri Jan 24, 2014 5:19 pm

I hope matchbook and other exchanges will get more liquidity....obviosly if they dont increase commision too :/
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arbusers
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Re: Betfair

Fri Jan 24, 2014 8:06 pm

They will regret.
They increase the commission by 30%, but they will lose more than 30% of their volumes. A vicious spiral that they should/could anticipate.

Say goodbye to the betfair you knew.
Tocko
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Re: Betfair

Fri Jan 24, 2014 8:23 pm

for my country is 7% for a while
KimKanon
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Re: Betfair

Fri Jan 24, 2014 8:37 pm

and your country is...
Tocko
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Re: Betfair

Fri Jan 24, 2014 10:25 pm

CRNA GORA ;)
qbet
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Re: Betfair

Fri Jan 24, 2014 11:58 pm

This may not be the only change. For example in Austria you need 80K points to get a 40% discount rate while in the UK 50K will suffice. Austrian players cannot achieve more than a 50% reduction of their base rate, (the standard is 60%). I don't want to sound pessimistic but maybe the worst has yet to come.
Look for  betfair learning FAQ, how is commission calculated. I couldn't post the link.
Last edited by qbet on Sat Jan 25, 2014 12:15 am, edited 1 time in total.
tarzan
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Re: Betfair

Sat Jan 25, 2014 9:48 am

All the big profitable traders come from Germany to Austria because of the new German tax laws!
And now they want to collect more money from them!
This 6.5 % will hit them back in the head like a boomerang!

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