Sub-minimum bets

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northbound
Posts: 737
Joined: Mon Mar 20, 2017 11:22 pm

Basically, I'm trying to place sub-minimum bets using Betfair API, for example £0.50 at 4.00.

On the Betfair website, you would:
- Place £2 at 1000
- Update £2 to £2.50
- Cancel the £2 bet
- Update the £0.50 bet's odds from 1000 to 4.00

The Betfair API documentation says that updateOrders can basically only amend the "Keep All", while replaceOrders only lets you amend the bet price, not its stake.

Could anyone please explain how to amend the stake of an existing bet?
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BetScalper
Posts: 1139
Joined: Sun Jul 02, 2017 10:47 pm

northbound wrote:
Mon Jun 18, 2018 9:52 pm
Basically, I'm trying to place sub-minimum bets using Betfair API, for example £0.50 at 4.00.

On the Betfair website, you would:
- Place £2 at 1000
- Update £2 to £2.50
- Cancel the £2 bet
- Update the £0.50 bet's odds from 1000 to 4.00

The Betfair API documentation says that updateOrders can basically only amend the "Keep All", while replaceOrders only lets you amend the bet price, not its stake.

Could anyone please explain how to amend the stake of an existing bet?
You do know if you do this allot BF will restrict/close your account ?
spreadbetting
Posts: 3140
Joined: Sun Jan 31, 2010 8:06 pm

If you have a £2 bet already on the market you can add your extra 50p using another placeOrders request for the same selectionId or alternatively you can place a £2.50 bet and use cancelOrders to knock £2 off the betId.

Betfair dont mind people greening up with small stakes it's if they consistenty bet in small amounts they'll take action.
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northbound
Posts: 737
Joined: Mon Mar 20, 2017 11:22 pm

spreadbetting wrote:
Mon Jun 18, 2018 10:08 pm
If you have a £2 bet already on the market you can add your extra 50p using another placeOrders request for the same selectionId or alternatively you can place a £2.50 bet and use cancelOrders to knock £2 off the betId.

Betfair dont mind people greening up with small stakes it's if they consistenty bet in small amounts they'll take action.
Excellent, thanks. I'll try and code it tomorrow.
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northbound
Posts: 737
Joined: Mon Mar 20, 2017 11:22 pm

BetScalper wrote:
Mon Jun 18, 2018 10:04 pm
You do know if you do this allot BF will restrict/close your account ?
I usually bet £2+ on all my bets / trades.

These £0.50 bets will be very few and rarely more than once per market, so there shouldn't be any issue.
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