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"Value" of betfair account in good standing

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Klaus E
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"Value" of betfair account in good standing

Mon Dec 04, 2023 8:57 pm

Hi guys,

I want to discuss something on an abstract level. I know this forum is not for any kind of offers like this, but I would like to know what you think.

Imagine I could access some uk based betfair accounts which were used for arbitrage betting in the past and which should be with in good standing at betfair. They are all deep in red figures (>5K). Also I know there are people out there, who can constantly beat betfair or/and want to use the lay option on horses but have to deal with premium charges and other things.

All the problems with trust and how to develop a working partnership and how to get in contact aside. What would you consider the value of such an account?
Bastard
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Re: "Value" of betfair account in good standing

Tue Dec 05, 2023 7:20 am

I am interested to know about value too, as I have few BF accounts with 2% commission rate that I don't use anymore.
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arbusers
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Re: "Value" of betfair account in good standing

Tue Dec 05, 2023 7:35 am

Guys, the thread will simply disappear the minute before you start selling things.
Grant
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Re: "Value" of betfair account in good standing

Tue Dec 05, 2023 7:36 am

5K = deep red figures? "Deep" would be if 50k or 100k. How do you imagine such cooperation? Someone you dont know at all betting at soft bookies, you lay at Betfair and then you exchange money splitting what you earned? I guess its gonna be pretty decent amount (waste of time betting peanuts) what you're gonna do if he will get on winning streak in soft bookie, you end up with huge red in Betfair and he will refuse to pay you to cover what you lost? I wouldnt take such risk.
Klaus E
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Re: "Value" of betfair account in good standing

Tue Dec 05, 2023 10:55 am

@arbusers

I understand your policy here and that this is not a market place for deals.
But just in general the country I live in it's totally possible to setup a contract which makes it possible to act in someone's name on bookmakers account. Obviously bookmakers don't like it, but that's a different story.

@grant

Sure. What someone considers "deep" is relative.



My general question and idea was more like, I have access to betfair accounts which are regularly lose money (according to the basic idea that with arbitrage bets you win on soft bookmakers and lose at pin/bf at the long run).

Now there is this "deep hole" in the betfair account and I know that there are people with the skillset of (trading e.g) to fill up the account to net zero again. At the moment successful traders pay heavy premium charges at betfair if they use their already as winning accounts flagged accounts, if they could you use accounts in "good standing" they could save this. Am I wrong here? And if I am not wrong, what do you think would this be worth.

So in theory there is a lot of value to negotiate in a situation where someone with the trading skillset and someone with the accounts come together and find a working, legal solution. Anything wrong in this approach?

On the other hand I also try to learn how to fill up these accounts myself. If someone wants to give advice or teach me something, go ahead.
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Re: "Value" of betfair account in good standing

Tue Dec 05, 2023 4:12 pm

if they are UK accounts of wealthy people who have passed all responsible gambling checks for high stakes, then their value rises exponentially

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