PremiumTradings offer

A unique betting brokerage aimed at professional punters.
francescosol
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Re: Premiumtradings offer

Tue Aug 05, 2014 8:33 am

qbet wrote:
francescosol wrote: Open betfar account and made 1st deposit with success.
unfortunately, just logged in, an error has arisen: it continually opens a popup window that says "sorry, we expecting technical problem, an error as occurred in the server, please refresh your browser"
Betfair has recently closed access Italians, however we can still see the site with our IP , I think maybe there is conflict between the betfair account provided  and Italian IP
i hope you can solve the problem ASAP
thank you
You are allowed to login but I don't think you can bet on the exchange from an Italian IP.  You would need a foreign IP.
i found a betfair link that works with italy IP ;)
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Re: Premiumtradings offer

Tue Aug 05, 2014 8:34 am

w62upr wrote: How long will it take to receive a PT account or bookies account ? I submited a registration form 12 hours ago, however have not received any emails even like a confirmation email. Is this usual ?
to complete registration you need to contact them on skype
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Re: Premiumtradings offer

Tue Aug 05, 2014 11:35 am

w62upr wrote:
Thank you for fixing.

By the way, could you add classic view to Pinnacle acccounts ? There had been sometimes a issue with Pinnacle asian view since last week, although now the issue doesn't occur.

Could you also explain the 60% share in IBC ?
Unfortunately, we can't add classic view to Pinnacle. Asian view is the only one available with agent account. Nevertheless, if you are experiencing any problems, please contact us and we will forward the issue to Pinnacle immediately.
Regarding the 60% share in IBC- it's simple:
If you win 100Euro, you are paid 60Euro.
If you lose 100Euro, you pay 60 Euro.
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Re: Premiumtradings offer

Tue Aug 05, 2014 11:41 am

How will the bet statement be recorded ?

odds    stake  win/lost  status

2.00    100      -60        Lose

like this ?

If stake 100, how much will be deducted from balance ?
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Re: Premiumtradings offer

Tue Aug 05, 2014 12:38 pm

I asked your support 3 times what bookies and exchanges are available in USD. 1st answer by chat operators was Pinnalce and IBC. 2nd one by email was Pinnacle, IBC and ED. 3rd one by email was Pinnacle, IBC, ED, 1bet, Singbet. Administrator has been told they are all bookies except ISN and Betfair.

All answers are diffrenet. I don't know which is correct at all. I just would like you to open all bookies account which are available in USD. Could you post a correct answer here ?
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Re: Premiumtradings offer

Tue Aug 05, 2014 1:43 pm

premiumtradings wrote:
w62upr wrote:
Thank you for fixing.

By the way, could you add classic view to Pinnacle acccounts ? There had been sometimes a issue with Pinnacle asian view since last week, although now the issue doesn't occur.

Could you also explain the 60% share in IBC ?
Unfortunately, we can't add classic view to Pinnacle. Asian view is the only one available with agent account. Nevertheless, if you are experiencing any problems, please contact us and we will forward the issue to Pinnacle immediately.
Regarding the 60% share in IBC- it's simple:
If you win 100Euro, you are paid 60Euro.
If you lose 100Euro, you pay 60 Euro.
That is one of the strangest gambling rules I have ever seen. Why would IBC not just use the actual currency. I haven't used them yet but this must add severe time on when working out the stake for an arb, not bad for pre match but live that could be killer. If the IBC required stake is say £2500 in real money then what would be the correct calculation to get it to 'IBC money'?
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Re: Premiumtradings offer

Tue Aug 05, 2014 2:10 pm

Calculate first the ibc stake and made it round. Then to the other book. An excell will help you! I also had a note next to my monitors with a few stakes at ibc and the real money they represent. After some practice it will be less than 1 more second calculations to place the arb! I dont have found it hard! Also the same with 0,45 singbet... I find it simple with good notes next to screen!
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Re: Premiumtradings offer

Tue Aug 05, 2014 2:16 pm

OK thanks mate will give it a try.
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Re: Premiumtradings offer

Tue Aug 05, 2014 3:11 pm

w62upr wrote: I asked your support 3 times what bookies and exchanges are available in USD. 1st answer by chat operators was Pinnalce and IBC. 2nd one by email was Pinnacle, IBC and ED. 3rd one by email was Pinnacle, IBC, ED, 1bet, Singbet. Administrator has been told they are all bookies except ISN and Betfair.

All answers are diffrenet. I don't know which is correct at all. I just would like you to open all bookies account which are available in USD. Could you post a correct answer here ?
Sorry for the misunderstanding. We will try to clear things out:
Available accounts with $ currency:
Pinnacle, IBC, ED, 1bet, Singbet.
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Re: Premiumtradings offer

Tue Aug 05, 2014 4:49 pm

So are 1bet lines identical to IBCbet? When i tested a demo account they were lower.
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Re: Premiumtradings offer

Wed Aug 06, 2014 12:18 am

premiumtradings wrote:
w62upr wrote:
Thank you for fixing.

By the way, could you add classic view to Pinnacle acccounts ? There had been sometimes a issue with Pinnacle asian view since last week, although now the issue doesn't occur.

Could you also explain the 60% share in IBC ?
Unfortunately, we can't add classic view to Pinnacle. Asian view is the only one available with agent account. Nevertheless, if you are experiencing any problems, please contact us and we will forward the issue to Pinnacle immediately.
Regarding the 60% share in IBC- it's simple:
If you win 100Euro, you are paid 60Euro.
If you lose 100Euro, you pay 60 Euro.
If stake 1000 in IBC, will cashback be 0.6 (1000*0.6*0.001) ?
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Re: Premiumtradings offer

Wed Aug 06, 2014 6:44 am

Mini risk in Pinnacle is $50. This is not good for arbers.
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Re: Premiumtradings offer

Wed Aug 06, 2014 7:20 am

WE will try answer all your questions:
w62upr wrote: Mini risk in Pinnacle is $50. This is not good for arbers.
We understand, but it is out of our hands. This is what we get from Pinnacle
w62upr wrote: How will the bet statement be recorded ?

odds    stake  win/lost  status

2.00    100      -60        Lose

like this ?
you calculation is correct, but in IBC bet statment you will still see W/L -100.
The calculation is done manually- we just charge you/ credit you with your account balance X 60%
(in the example above, your IBC account balance is displayed as  -100, but in the report you will get from us, we will record you only -60).
Regarding commissions:
it is paid on your valid turnover. meaning: if you place a 100 Euro bet, commission is paid only on 60 Euro.
1bet: it has a minimum spread from IBC odds, usually half a point (if IBC odds are 1.90, 1bet odds will be 1.895). On the other hand- you will get 80% share of the 1bet account comparing to 60% in IBC.
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Re: Premiumtradings offer

Wed Aug 06, 2014 8:34 am

Will 100 be deducted from balance soon after the 100 bet @ 2.00 ?
If the bet wins, will 80 be deducted from balance later ? If it loses, will you credit 40 to balance later ?

Will the balance in IBC (not balance in report but real balance I can see while logging in) move like below ?

100 [initial balance] → 0 [stake 100 @ 2.00 ] → 200 [ the bet wins ] → 120 [60% rule applied]

                                                                  →    0 [ the bet loses ] →  40 [60% rule applied]

I have to know how % share rule work and how real balances I cna see move in each 60% IBC, 80% 1bet and 45% Sing before starting to use them. The reason is I count each accounts balance, record them and check whether there is no difference between currecnt balances and my spreadsheet balances which are calculated using settled bets.
Last edited by w62upr on Wed Aug 06, 2014 3:11 pm, edited 1 time in total.
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Re: Premiumtradings offer

Wed Aug 06, 2014 11:34 am

@w62upr: We understand your concern and will try to explain:
The balance which you are going to see in your IBC account is not going to be changed. The calculation is done by us on either of the following occasions:
1. we send you weekly balance report of all your accounts
2. you wish to cash out or deposit
we just calculate 60% of your IBC displayed balance and send you real numbers.
We are also aware to the fact that if you deposit 100 Euro stake them all and lose, your balance with us is -60 while actually you have no funds to bet on in IBC. This is why once you deposit 100 Euro, we will credit your account with X1.66 credits = 166 euro

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