Betfair
- whitesnake
- Has experience
- Karma: 2
Post
Re: Betfair
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
- To become a Pro
- Karma: 41
Post
Re: Betfair
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
- Gaining experience
- Karma: 6
Post
Re: Betfair
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
- Gaining experience
- Karma: 4
Post
Re: Betfair
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
- Gaining experience
- Karma: 4
Post
Re: Betfair
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."
-
BO
Post
Re: Betfair
betfair have turned in to one of the most greediest and vile companies i have ever come across.
- tarzan
- Has experience
- Karma: 5
- anormal1992
- Has experience
- Karma: -9
Post
Re: Betfair
I hope matchbook and other exchanges will get more liquidity....obviosly if they dont increase commision too :/
- arbusers
- Administrator
- Contact:
- Karma: 656
Post
Re: Betfair
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.
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.
- qbet
- To become a Pro
- Karma: 41
Post
Re: Betfair
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.
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
- Has experience
- Karma: 5
Post
Re: Betfair
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!
And now they want to collect more money from them!
This 6.5 % will hit them back in the head like a boomerang!