betfair limts !

roanildinho · 06-01-11, 10:24 PM

the only problem would be matching the bets.

the sink · 06-01-11, 10:30 PM

Originally posted by Sawyer

Btw, do you know why BF came up with Premium Charge thing?

Because, BF noticed that Top 10 BF users were earning more money then Betfair! That's right. Can you believe it? You're earning more money then betting exchange, itself, lol.

How do u know?
do u mean together?

I don't believe that 1user can make more then betfair make

Hareeba! · 06-01-11, 10:59 PM

Originally posted by Sawyer

Yes, maximum is %20. But it's high enough.

If you're a sports bettor, use Pinnacle, Sbobet instead. You can get much better odds.

Use Betfair for trading.

I use Betfair heaps and never trade.

You can more often than not beat Pinnacle and the others's odds if you have patience.

And the PC is grossly misunderstood. I've seen numerous posts on this forum and not one putting it correctly. But as you say, there are ways to avoid it if you find yourself in the unlikely situation of getting close to it being imposed. If you're a regular sports bettor and don't trade it's extremely unlikely you'll ever have to worry about it.

roanildinho · 06-01-11, 11:08 PM

hareeba worry about as they will make it higher? or something worse

Hareeba! · 06-01-11, 11:15 PM

Originally posted by roanildinho

hareeba worry about as they will make it higher? or something worse

?

"If you're a regular sports bettor and don't trade it's extremely unlikely you'll ever have to worry about it."

I'm certain it will never bother you mate

jozomir · 06-02-11, 02:58 AM

5 % is all they care.

nenad · 06-02-11, 02:58 AM

shabane

thespeculator · 06-02-11, 07:19 AM

betfair is great for golf , i never bet golf before, love the top 10 and top5 options and in play

roanildinho · 06-02-11, 07:20 AM

Originally posted by Hareeba!

?

"If you're a regular sports bettor and don't trade it's extremely unlikely you'll ever have to worry about it."

I'm certain it will never bother you mate

Im a trader, will i get something higher than 20.

wrongturn · 06-02-11, 07:56 AM

you need to worry about if you can make 300k first.

Ace_of_Spades · 06-02-11, 07:58 AM

That commission does come down, does it not? As long as you keep betting.

noyb · 06-02-11, 08:24 AM

roanildinho, based on your questions and comments in this thread i'm 100% certain you personally will never ever have to worry about the premium charge.

roanildinho · 06-02-11, 11:23 AM

noyb why?

roanildinho · 06-02-11, 04:05 PM

The system should work wonders on tennis matches especially small wta tournements, where there is no risk,
also nba games or mlb games
just make sure the games have good liquidity , 10 k in matched bets is a good place to do that

noyb · 06-03-11, 06:18 AM

Originally posted by roanildinho

noyb why?

because a person with the kind of "betting strategies" (if you can call them that) you come up with will never have to worry about turning a profit on betfair, let alone be so extremely profitable the betting charge would become an issue

diondublin · 06-03-11, 06:44 AM

Originally posted by Sawyer

In the past, we were using this tactic:

Lay the draw before kick off.

When one side scores, odds for draw skyrocket.

So you hedge your bet.

You lay draw at 3.20 and then later, back it at 8 and guarantee profit..

However, times are changed.

Market has changed too. Odds changed..

This tactic don't work anymore.

But if you think leading team is likely to lose the lead, you can always lay them or back the draw. When other team equalizes the game, you can green up!

.

A betting shop manager was outlining his strategy to me yesterday. He hopes for the home team to go behind early in televised games in the belief that the market then over-prices them.

This seems credible to me as there seem to have been more goals lately thusly more volatility therefore seemingly unlikely outcomes might be more likely than they appear.

noyb · 06-03-11, 08:07 AM

before making any presumptions about anything, you need data and the ability to analyze these data.

i'm not saying betfair odds are 100% efficient, but you gotta come up with more than these kinds of simplistic theories any 4 year old can think of. they are not original, thousands have thought of this before and if it ever worked, it would have been priced out a long time ago. for something to work, you need either perfect intuition (which is basically a method without you being aware of it) or a proven method with a large number of variables that will "outsmart" the market in the right circumstances. not something like "the market always overprices favourites behind", because this is bs. this kind of thinking will kill you just as much in the stock market as it will in the betting exchange market.

spider · 06-03-11, 11:48 AM

Originally posted by noyb

before making any presumptions about anything, you need data and the ability to analyze these data.

i'm not saying betfair odds are 100% efficient, but you gotta come up with more than these kinds of simplistic theories any 4 year old can think of. they are not original, thousands have thought of this before and if it ever worked, it would have been priced out a long time ago. for something to work, you need either perfect intuition (which is basically a method without you being aware of it) or a proven method with a large number of variables that will "outsmart" the market in the right circumstances. not something like "the market always overprices favourites behind", because this is bs. this kind of thinking will kill you just as much in the stock market as it will in the betting exchange market.

Exactly. Need say no more.

Ira Wilton · 06-03-11, 12:01 PM

Originally posted by trixtrix

so when do you project having the first 300k of 2011 banged out?

Ibrakadabra · 06-03-11, 01:30 PM

Originally posted by noyb

before making any presumptions about anything, you need data and the ability to analyze these data.

i'm not saying betfair odds are 100% efficient, but you gotta come up with more than these kinds of simplistic theories any 4 year old can think of. they are not original, thousands have thought of this before and if it ever worked, it would have been priced out a long time ago. for something to work, you need either perfect intuition (which is basically a method without you being aware of it) or a proven method with a large number of variables that will "outsmart" the market in the right circumstances. not something like "the market always overprices favourites behind", because this is bs. this kind of thinking will kill you just as much in the stock market as it will in the betting exchange market.

Very well spoken, everyone should read this before thinking these extremely non-sophisticated theories is the fast lane to riches.