Signed up for Betfair only to realize the minimum bet is too large......

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • cutchemist42
    SBR Wise Guy
    • 04-08-12
    • 737

    #1
    Signed up for Betfair only to realize the minimum bet is too large......
    I like to deposit only small amounts at a time so deposited $50 Canadian. However, once I get on the site the minimum bet is $6. I'm not comfortbale with that % so could anyone suggest anything? I've heard there's a way around it but is that true?

    Thanks!
  • B1GER1C828
    SBR Posting Legend
    • 07-31-07
    • 10244

    #2
    6 dollars is too high?

    could deposit on a site like bookmaker thats MIN is a dollar.
    Comment
    • cutchemist42
      SBR Wise Guy
      • 04-08-12
      • 737

      #3
      Originally posted by B1GER1C828
      6 dollars is too high?

      could deposit on a site like bookmaker thats MIN is a dollar.
      Not a hardcore player, just do it for fun with a little money. Just liked the idea of a betting exchange. I like my bets to be 3-5% of my bankroll.
      Comment
      • cutchemist42
        SBR Wise Guy
        • 04-08-12
        • 737

        #4
        Signed up for Betfair, did not realize they had such high minimu bets for my rec play

        I like to deposit only small amounts at a time so deposited $50 Canadian; i gamble recreationally. However, once I get on the site the minimum bet is $6. I'm not comfortable with that % so could anyone suggest anything? I've heard there's a way around it but is that true? I only bet 2-4% of my bankroll at a time.

        Thanks!
        Comment
        • Toit
          SBR Sharp
          • 03-10-09
          • 451

          #5
          Here's a guide: http://www.betexchangetips.com/Betfair-Minimum-Bet.html
          Comment
          • Toit
            SBR Sharp
            • 03-10-09
            • 451

            #6
            Two topics with the same question?

            This is how to do it: http://www.betexchangetips.com/Betfair-Minimum-Bet.html
            Comment
            • Bleeth
              SBR High Roller
              • 10-10-11
              • 129

              #7
              6 USD ? This indeed looks too high, mine is 2 EUR .
              Comment
              • jjgold
                SBR Aristocracy
                • 07-20-05
                • 388189

                #8
                That work around is too much hassle
                Just bet the $6
                Comment
                • frogsrangers
                  Restricted User
                  • 04-25-12
                  • 5792

                  #9
                  Take your money back! They are in Casinomeister's rogue pit

                  Comment
                  • cutchemist42
                    SBR Wise Guy
                    • 04-08-12
                    • 737

                    #10
                    Originally posted by Bleeth
                    6 USD ? This indeed looks too high, mine is 2 EUR .
                    6 CAD to be specific but same ballpark.
                    Comment
                    • cutchemist42
                      SBR Wise Guy
                      • 04-08-12
                      • 737

                      #11
                      Originally posted by Toit
                      Two topics with the same question?

                      This is how to do it: http://www.betexchangetips.com/Betfair-Minimum-Bet.html
                      I didn't know which forum was best for asking this.
                      Comment
                      • frogsrangers
                        Restricted User
                        • 04-25-12
                        • 5792

                        #12
                        Players need to be aware that
                        Betfair will confiscate winnings at a whim. If they don't like the way you play, even though you risk your own funds and meet the wagering requirement, they will exercise their right to seize your winnings.

                        Avoid this casino at all costs.
                        FYI
                        Comment
                        • RubberKettle
                          SBR Hall of Famer
                          • 12-28-09
                          • 6421

                          #13
                          Small timers need action too
                          Comment
                          • JohnGalt2341
                            SBR Hall of Famer
                            • 12-31-09
                            • 9138

                            #14
                            This site should be perfect for you http://www.freesportsbet.com/
                            Comment
                            • cutchemist42
                              SBR Wise Guy
                              • 04-08-12
                              • 737

                              #15
                              Originally posted by frogsrangers
                              FYI
                              Damn. It is possible to change your minimum bet through the way linked to above, just experimented with it. However, I'd be afraid of now losing money by consistenly circumventing the minimum bet. Wish the minimum bet price was more obvious upon signing up because now I don't know which way to proceed.
                              Comment
                              • ngates815
                                SBR Posting Legend
                                • 12-01-09
                                • 13845

                                #16
                                BOL getting your situation figured out.

                                Sucks that you deposit at a place and then realize it doesn't suit your needs.
                                I recently did the same.
                                Comment
                                • cutchemist42
                                  SBR Wise Guy
                                  • 04-08-12
                                  • 737

                                  #17
                                  Originally posted by ngates815
                                  BOL getting your situation figured out.

                                  Sucks that you deposit at a place and then realize it doesn't suit your needs.
                                  I recently did the same.
                                  Yeah, I just hope they give a warning to stop circumventing the minimum bet before freezing the account. It just sucks because a lot of betting is on the weekends involving almost 15-20 games using $1 bets. If I had to go to $6 it would severely limit my choices and possibly wipe out my deposit in 2 days.
                                  Comment
                                  • ngates815
                                    SBR Posting Legend
                                    • 12-01-09
                                    • 13845

                                    #18
                                    Originally posted by cutchemist42
                                    Yeah, I just hope they give a warning to stop circumventing the minimum bet before freezing the account. It just sucks because a lot of betting is on the weekends involving almost 15-20 games using $1 bets. If I had to go to $6 it would severely limit my choices and possibly wipe out my deposit in 2 days.


                                    I hear ya.
                                    Comment
                                    • Hareeba!
                                      BARRELED IN @ SBR!
                                      • 07-01-06
                                      • 36970

                                      #19
                                      I've often wondered about those minimums they set yet I frequently see my offers being accepted a few cents at a time.

                                      Seems like one rule for the regular customer but another for the bots?
                                      Comment
                                      • Fitz030808
                                        SBR Sharp
                                        • 11-23-11
                                        • 383

                                        #20
                                        5 Dimes has a low min as well as bookmaker
                                        Comment
                                        • drfunkmaster
                                          SBR Posting Legend
                                          • 11-29-08
                                          • 11162

                                          #21
                                          5dimes is also a dollar, bookmaker live betting is less than a dollar even...
                                          Comment
                                          • filipinho
                                            SBR Sharp
                                            • 01-11-12
                                            • 358

                                            #22
                                            Originally posted by Hareeba!
                                            I've often wondered about those minimums they set yet I frequently see my offers being accepted a few cents at a time.

                                            Seems like one rule for the regular customer but another for the bots?
                                            That is because there were few cents left from earlier on that odds you are trying to get.On betfair only 2 or more Euros are visible in their offer.I somewhere read that someone was regularly searching for that small leftovers, always raising odds minimally allowed on every market and collecting good value.After some time betfair warned him not to do that anymore.
                                            Comment
                                            • Hareeba!
                                              BARRELED IN @ SBR!
                                              • 07-01-06
                                              • 36970

                                              #23
                                              Originally posted by filipinho
                                              That is because there were few cents left from earlier on that odds you are trying to get.On betfair only 2 or more Euros are visible in their offer.I somewhere read that someone was regularly searching for that small leftovers, always raising odds minimally allowed on every market and collecting good value.After some time betfair warned him not to do that anymore.
                                              Yes, sometimes that does happen. Actually I find it quite annoying when a few cents of my offer are left on the table by people obviously just entering the whole value they see as available. I always make a point when accepting an offer of adding $1 to my bid so as to get it all.

                                              But that's not the only time when only small values get matched. Frequently I will post an offer and nothing is matched until quite some time later when a few cents can appear in the matched window. If you look at the time of all the matches to your offer you will often find a few which are less than the supposed minimum bet. I can only think that bots are doing that.
                                              Comment
                                              • noyb
                                                SBR Wise Guy
                                                • 09-13-05
                                                • 971

                                                #24
                                                Originally posted by cutchemist42
                                                Yeah, I just hope they give a warning to stop circumventing the minimum bet before freezing the account.
                                                don't worry about it. really, they have better things to do.
                                                Comment
                                                • Hareeba!
                                                  BARRELED IN @ SBR!
                                                  • 07-01-06
                                                  • 36970

                                                  #25
                                                  Originally posted by noyb
                                                  don't worry about it. really, they have better things to do.
                                                  You are most probably 100% correct but frankly it's not something I'd risk my Betfair account over.
                                                  Comment
                                                  • QQPALLADIUM
                                                    SBR Sharp
                                                    • 01-22-10
                                                    • 367

                                                    #26
                                                    Originally posted by Hareeba!
                                                    Yes, sometimes that does happen. Actually I find it quite annoying when a few cents of my offer are left on the table by people obviously just entering the whole value they see as available. I always make a point when accepting an offer of adding $1 to my bid so as to get it all.

                                                    But that's not the only time when only small values get matched. Frequently I will post an offer and nothing is matched until quite some time later when a few cents can appear in the matched window. If you look at the time of all the matches to your offer you will often find a few which are less than the supposed minimum bet. I can only think that bots are doing that.

                                                    do you need some spare change mate?
                                                    sbr
                                                    Comment
                                                    • tommygun
                                                      SBR MVP
                                                      • 07-01-10
                                                      • 2239

                                                      #27
                                                      Hareeba! I'm hearing ya. That shit happens to me all the time, with a measly 2 cents matched. It's ridiculous.
                                                      BETTING EXCHANGES, easy money.

                                                      Soccer Tipping: 5-0-1
                                                      Comment
                                                      • skipton
                                                        SBR Rookie
                                                        • 04-15-12
                                                        • 22

                                                        #28
                                                        yeah how about checkers at the senior home, if your not comfortable with six bucks your ass should not be betting
                                                        Comment
                                                        • cutchemist42
                                                          SBR Wise Guy
                                                          • 04-08-12
                                                          • 737

                                                          #29
                                                          Originally posted by skipton
                                                          yeah how about checkers at the senior home, if your not comfortable with six bucks your ass should not be betting
                                                          Umm, I thought sports betting was all about bankrool management until you find a system you like? This is only my first month of betting on sports through online bookers so why jump in wiht a $1000 deposit if I may or may not like it? Just settle down there.....
                                                          Comment
                                                          • bobbywaves
                                                            SBR Posting Legend
                                                            • 05-06-08
                                                            • 13280

                                                            #30
                                                            Yeah, settle down Skippy..... everyone's not a high roller like you.
                                                            Comment
                                                            SBR Contests
                                                            Collapse
                                                            Top-Rated US Sportsbooks
                                                            Collapse
                                                            Working...