1000 bets an hour $458 charge!!!!

News, chat and debate about the Betfair betting exchange.
User avatar
ShaunWhite
Posts: 9731
Joined: Sat Sep 03, 2016 3:42 am

gstar1975 wrote:
Mon Jul 26, 2021 8:49 pm
Update on the Terms for this:

7.3 A 'transaction' shall include all bets placed and all failed transactions. Transaction Charges only apply to customers recording more than 5000 transactions an hour. 7.4 For the purpose of calculating Transaction Charges, an “hour” means a continuous period of 60 minutes based on the standard 24-hour clock system.
Thx, how is this different to the changes they made last September? Re increase to 5000 trns/hr and reducing the overs to 0.2p from 1.0p.
User avatar
Dallas
Posts: 22713
Joined: Sun Aug 09, 2015 10:57 pm
Location: Working From Home

ShaunWhite wrote:
Mon Jul 26, 2021 8:54 pm
gstar1975 wrote:
Mon Jul 26, 2021 8:49 pm
Update on the Terms for this:

7.3 A 'transaction' shall include all bets placed and all failed transactions. Transaction Charges only apply to customers recording more than 5000 transactions an hour. 7.4 For the purpose of calculating Transaction Charges, an “hour” means a continuous period of 60 minutes based on the standard 24-hour clock system.
Thx, how is this different to the changes they made last September? Re increase to 5000 trns/hr and reducing the overs to 0.2p from 1.0p.
I don't think he knew there was a thread with it already posted
User avatar
Derek27
Posts: 23632
Joined: Wed Aug 30, 2017 11:44 am
Location: UK

ShaunWhite wrote:
Mon Jul 26, 2021 8:54 pm
gstar1975 wrote:
Mon Jul 26, 2021 8:49 pm
Update on the Terms for this:

7.3 A 'transaction' shall include all bets placed and all failed transactions. Transaction Charges only apply to customers recording more than 5000 transactions an hour. 7.4 For the purpose of calculating Transaction Charges, an “hour” means a continuous period of 60 minutes based on the standard 24-hour clock system.
Thx, how is this different to the changes they made last September? Re increase to 5000 trns/hr and reducing the overs to 0.2p from 1.0p.
Not sure, but it's the first time I've seen "continuous period" mentioned, i.e. 15:43 to 16:43 as opposed to clock hours.
User avatar
ShaunWhite
Posts: 9731
Joined: Sat Sep 03, 2016 3:42 am

Derek27 wrote:
Mon Jul 26, 2021 9:00 pm
ShaunWhite wrote:
Mon Jul 26, 2021 8:54 pm
gstar1975 wrote:
Mon Jul 26, 2021 8:49 pm
Update on the Terms for this:

7.3 A 'transaction' shall include all bets placed and all failed transactions. Transaction Charges only apply to customers recording more than 5000 transactions an hour. 7.4 For the purpose of calculating Transaction Charges, an “hour” means a continuous period of 60 minutes based on the standard 24-hour clock system.
Thx, how is this different to the changes they made last September? Re increase to 5000 trns/hr and reducing the overs to 0.2p from 1.0p.
Not sure, but it's the first time I've seen "continuous period" mentioned, i.e. 15:43 to 16:43 as opposed to clock hours.
mmm true. Good spot. Not sure that changes much but the devil's in the detail I suppose.
User avatar
Derek27
Posts: 23632
Joined: Wed Aug 30, 2017 11:44 am
Location: UK

ShaunWhite wrote:
Mon Jul 26, 2021 10:19 pm
Derek27 wrote:
Mon Jul 26, 2021 9:00 pm
ShaunWhite wrote:
Mon Jul 26, 2021 8:54 pm


Thx, how is this different to the changes they made last September? Re increase to 5000 trns/hr and reducing the overs to 0.2p from 1.0p.
Not sure, but it's the first time I've seen "continuous period" mentioned, i.e. 15:43 to 16:43 as opposed to clock hours.
mmm true. Good spot. Not sure that changes much but the devil's in the detail I suppose.
Under the old rules, if a race starts at 15:05 you could place 5000 bets on it before 15:00 and another 5000 after. ;)
User avatar
Euler
Posts: 24806
Joined: Wed Nov 10, 2010 1:39 pm
Location: Bet Angel HQ

It's a total pain in the arse how they keep changing the rules and not tell anybody.
User avatar
ShaunWhite
Posts: 9731
Joined: Sat Sep 03, 2016 3:42 am

Euler wrote:
Tue Jul 27, 2021 9:03 am
It's a total pain in the arse how they keep changing the rules and not tell anybody.
Has anyone checked this is actually a change?
Post Reply

Return to “Betfair exchange”