Just being hit with charges from Betfair??

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Crazyskier
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Joined: Sat Feb 06, 2016 6:36 pm

Dallas wrote:
Fri Oct 20, 2017 6:20 pm

viewtopic.php?f=17&t=11376
You know it was interesting reading my tx charge post over 18 months ago and recapping on just how different my approach is now versus Feb 2016. The more I learn, the more I realise I still have to learn about this scalping / trading lark, and mindfulness and keeping the perspective and focus on the bigger, long term picture is essential.

I agree that BF should make players aware when an excess charge is triggered rather than just debiting the penalty and hiding these charges in the usual commission fees.

CS
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Crazyskier
Posts: 1157
Joined: Sat Feb 06, 2016 6:36 pm

spreadbetting wrote:
Sat Oct 21, 2017 12:54 am
Derek27 wrote:
Fri Oct 20, 2017 8:28 pm
I understand the necessity to deter customers from an excessive number of transactions, but if Betfair are happy to accept 1000 transactions an hour, £10 for 2000 transactions in an hour sounds excessive and wholly unreasonable to me.
To be honest the more people they hit the better, I don't want to be competing against people's penny bets. If your strategy can't make a penny a bet it's probably not worth pursuing.
OUCH! But my strategy is indeed profitable, whilst only gaining pennies profit per trade (£2 liabilities). I don't see how this can negatively-impact your own strategies at all?

CS
Hooch
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Joined: Tue Feb 27, 2018 3:09 pm

sorry for dragging up this old thread but just wondering what way this Bet Txn Charge for over 1000 per hour fee is priced/calculated at??
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ShaunWhite
Posts: 9731
Joined: Sat Sep 03, 2016 3:42 am

Hooch wrote:
Thu Aug 30, 2018 3:58 pm
sorry for dragging up this old thread but just wondering what way this Bet Txn Charge for over 1000 per hour fee is priced/calculated at??
Have a look at the Betfair Ts&Cs
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