[Alfa1234]

Yes they are. A sportsbook bets against you, so they are able to offer deals like money back on retirement and still pay a winner.

An exchange cannot do that, as there is no party there to match the "extra" money required to pay winners if losers are refunded.


Here are the Sportsbook rules.

https://www.betfair.com/aboutUs/Spor...ations/#tennis

Actually, an exchange bets as much against you as any book...they simply claim they don't. 99%+ of all liquidity on an exchange comes from market makers which are, for the most part, owned by the exchange itself or at least have some kind of a shared profit deal. This is exactly the reason all exchanges now have some kind of premium charge in place to avoid bleeding too much from profitable traders. The statement that exchange don't care if you are winning because they only profit from commission is simply not true. They want losers just like any regular bookie.

[Optional]

Actually, an exchange bets as much against you as any book...they simply claim they don't. 99%+ of all liquidity on an exchange comes from market makers which are, for the most part, owned by the exchange itself or at least have some kind of a shared profit deal. This is exactly the reason all exchanges now have some kind of premium charge in place to avoid bleeding too much from profitable traders. The statement that exchange don't care if you are winning because they only profit from commission is simply not true. They want losers just like any regular bookie.

Not really sure how this affects what I said.

Which party are you saying is matching that extra money for Win/Refund payouts for those tennis rules on an exchange?

You think the ones who add most liquidity should do that? What "if" the other party are not actually Betfair as you are imagining? Do they have to pay that extra money too?

[QuantumLeap]

asianconnect88 required KYC for withdrawal for me a few months ago. I'm in US.

Looks like asianconnect88 web site is down. I can log in to ps3838 the Pinnacle clone but when I go to make a bet it says the selection is not available.

I contacted Customer Service and they said they don't know when it will be back up. It's been a few hours now.

If I don't get resolution quickly I'll withdraw my funds.

[QuantumLeap]

Looks like asianconnect88 web site is down. I can log in to ps3838 the Pinnacle clone but when I go to make a bet it says the selection is not available.

I contacted Customer Service and they said they don't know when it will be back up. It's been a few hours now.

If I don't get resolution quickly I'll withdraw my funds.

It's working now.

[Camma23]

good morning guys. Do you know any broker who allow you skype betting in early? Also day before would be enough, but my actual one allow me only matchday for skype & void guarantee. Thanks

[Alfa1234]

Not really sure how this affects what I said.

Which party are you saying is matching that extra money for Win/Refund payouts for those tennis rules on an exchange?

You think the ones who add most liquidity should do that? What "if" the other party are not actually Betfair as you are imagining? Do they have to pay that extra money too?

Sorry, missed this. It doesn't affect anything you said. I'm merely saying exchanges don't like winners because winners are in fact taking money away from their market makers (which are the exchanges themselves for the most part). That's all. The "you can win as much as you want with us because we make money on commission and never lose anything as all bets are matched by other customers" myth is just that, a myth. The mere fact exchanges now all have premium charges for long term winners says enough.

[Hanno]

Hey I need help with the following question

let's say I bet on a tennis match Nadal vs Federer on Nadal to win the match and another bet that it will be 2 sets
now Nadal wins in 3 sets > how will the exchange handle their fee %?
All in all I lost but Nadal to win was a winner. will I have to pay the fee % for the winner bet even I lost all in all?

hope it is understandable and sorry for my english

thanks

[Alfie White]

You will pay commission since those 2 are different markets.

[Hanno]

You will pay commission since those 2 are different markets.

thank you for the fast answer. So even it is the same Match it is called and handled as different markets

[Alfie White]

From what I recall, commission is charged on net winning PER MARKET, not per event - so even if you did bet on same event, those are different markets and would be treated separately. Be sure to check the T&C of the exchange you are betting with.

[Alfa1234]

From what I recall, commission is charged on net winning PER MARKET, not per event - so even if you did bet on same event, those are different markets and would be treated separately. Be sure to check the T&C of the exchange you are betting with.

This is correct for all known exchanges. You will pay commission on the bet you won, even if you lost a 2nd bet on the same match but a different market.

[Hanno]

thank you @Alfie White and @Alfa1234
well understood now

[Random Username]

Thanks to all who have contributed positively on the forums over many years. I’ve been an avid reader but the time has now come to ask some of my own very important questions. Due to UK book closures and/or restrictions, after considerable research including several live chat sessions and a test account last weekend, I believe the way forward for me is via AC/AO, noting VPN is unnecessary. I have a number of questions which SBR readers can hopefully answer.

1. I’ve read some bad feedback on Skrill and Neteller (both part of Paysafe), what are the experiences of SBR members please. I understand their transaction charges are 2.5% is this correct? Is there a separate “per transaction” starter charge? No currency exchange would be required as AC can operate with UKP. AC don’t charge for deposit by these methods.

2. I stake at a fixed 1K. Ideally I’d need quite a large bank out there as I like to take early prices. but I don’t want to incur huge transaction fees or the risk of any potential scamming issues or delays by Skrill/Net’ on a large sum, thus I was thinking of funding with just 2K to begin with.

3. In terms of withdrawing, in order to reduce transaction costs, I believe it would make sense to back and lay selections across sites in order to hope to get the funds to where they were wanted and at a potential profit, thus without having to pay withdrawal charges.

If there’s another trustworthy brokerage with UK access but not requiring VPN please let me know. Thanks in advance.

[littlekona]

3. In terms of withdrawing, in order to reduce transaction costs, I believe it would make sense to back and lay selections across sites in order to hope to get the funds to where they were wanted and at a potential profit, thus without having to pay withdrawal charges.

If there’s another trustworthy brokerage with UK access but not requiring VPN please let me know. Thanks in advance.

not a good idea. they will catch you and passing funds will freeze your accounts if caught. Bitcoin agents have zero fees for withdrawl and payouts and the ones I use #1 Odsy88 and #2 Brokerstorm( for lay option on horses) have been A+

[Alfie White]

))

[Random Username]

not a good idea. they will catch you and passing funds will freeze your accounts if caught. Bitcoin agents have zero fees for withdrawl and payouts and the ones I use #1 Odsy88 and #2 Brokerstorm( for lay option on horses) have been A+

Hi, thanks for the reply but I think you misunderstood the back and lay suggestion. Only one of the sides would be on AC, it wasn't about transferring money from one book to another within their platform. Twice I tried to contact Odsy via their live chat, last night and tonight, no response on either occasion, gave them 10 minutes each time. Re Brokerstorm there was a thread in the forum which I'm checking out now. I bet football. Thanks

[littlekona]

I think both odsy88 and brokerstorm chat take a break late in day. Both have been good with main difference is odsy88 payouts are faster about half hour vs brokerstorm taking anywhere from few hours to little over 24 hrs...CS at odsy88 may be a bit better too but brokerstorm is right behind and solid too

[Jaykoening]

Curious as to what brokers take usa customers. I know most or all say no but with bitcoin who just looks the other way.

[littlekona]

Curious as to what brokers take usa customers. I know most or all say no but with bitcoin who just looks the other way.

AC88, Odsy88, Brokerstorm all do. Depends on what you bet which one is best for you. For Orbitx Odsy88 is the best, If you need a Lay option for horses Brokerstorm. They all are good for Pinny.

[Jaykoening]

Thanks

[FC]

"

EX010: Please note that you have reached your exposure limit. Please contact your agent."

is this normal for orbit exchange? i have 3k pending and get that msg now if i try to bet more

i tried contacting Odsy and they just said they cant change that limit

[Duo42]

Yes, I have reached the exposure limit of my Orbit account a number of times already. Whenever that happens, I contact my agent (BetinAsia) and they increase the limit within minutes. Not sure why Odsy isn't able to/doesn't want to increase your exposure limit.

[Random Username]

I’ve read some bad feedback on Skrill and Neteller (both part of Paysafe), what are the experiences of SBR members please. I understand their transaction charges are 2.5% is this correct? Is there a separate “per transaction” starter charge? No currency exchange would be required as AC can operate with UKP. AC don’t charge for deposit by these methods.

Going back to my posting of few days ago, has anyone got any feedback on the above please, be it good or bad? Thanks

[Optional]

Not a fan of Skrill generally. But it works fine. AC can confirm the fees. I don't believe there are any hidden or tricky fees there.

[FC]

Yes, I have reached the exposure limit of my Orbit account a number of times already. Whenever that happens, I contact my agent (BetinAsia) and they increase the limit within minutes. Not sure why Odsy isn't able to/doesn't want to increase your exposure limit.

no idea either they just gave me this answer when i asked if they could raise them "Hello Sir, supplier doesn't approved as it's all set for all the accounts"

[Duo42]

My old Orbit account has been replaced with a new account after I have been on a winning streak for a while. Apparently, the new account has much lower liquidity across all markets. Has anybody noticed the same? It feels like they moved me to an entirely different pool of players.

[infotimbo]

you can compare liquidity yourself with Betfair's website, or also on Orbit itself, by checking them without being logged in.

Usually it's more the other way around, that agents take higher risks on losing players. Maybe they did that after a bad streak, and now it has stopped?

[Duo42]

you can compare liquidity yourself with Betfair's website, or also on Orbit itself, by checking them without being logged in.
Usually it's more the other way around, that agents take higher risks on losing players. Maybe they did that after a bad streak, and now it has stopped?

You're right, the offers are exactly like on the Betfair Exchange now. I somehow thought the offers you see while not being logged in were incorrect because they always seemed too low to me and aren't refreshed as often. Since Betfair isn't available in my country, I never compared the two and never questioned the high liquidity.

I wasn't aware that Orbit or the Agent would take such significant positions on their players. This explains a lot.

I use Orbit mostly to hedge my bets and therefore have been playing -ev there. Lately, I have been winning a lot of bets on the exchange side, so that explains why they took action now. I was always under the impression that agents wouldn't share any personal data with Orbit, but this doesn't seem to be the case since accounts from other brokers are affected as well.

[Jogador]

FYI... Evidently vip-ibc stripped their turnover commission (which was around 2.5% back in the day), so now there should be only the deposit/withdrawal fees, bringing them on par with other asian brokers (assuming the offered odds are the same as elsewhere). Not affiliated by the way.

[Alfie White]

By what are you claiming that, did you compare the odds?

[Jogador]

I actually did a comparison. They seem to have a -0.02 slash on ISN odds, and higher/double liquidity on pin88, plus offering pin. They also seem to not offer sbo. Compared to Spormarket that is. pic https://postimg.cc/hX01yzYh/542491bd

[Alfie White]

Hm, interesting, why you don't have exchanges on SM? I can see 3et, Betfair, BetDAQ and Matchbook on my account for this event... Also, you can see Pin and Ps38, but you can't hit both limits as they share the same liquidity so that is marketing trick.

SBO is worthless these days anyway, odds are 50% and I can't understand why SM doesn't remove them from the offer completely.

Double limits = they take position on your bets, if you win big, you might have issues when withdrawing.

[lonnie55]

They still charge their commission, I just checked by myself.

[Jogador]

I should have noted that some books/exchanges are disabled by me on the Spormarket side.

[Jogador]

They still charge their commission, I just checked by myself.

First off, I don't currently hold an active account with them (vip-ibc), so I cannot confirm the lack of commission. If you hold one, and they still charge it, then I stand corrected.

For what it's worth, I had a lengthy email exchange with them yesterday where I was literally told "We do not charge anymore commission on turnover."