Multiple Betfair Accounts

News, chat and debate about the Betfair betting exchange.
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rik
Posts: 1383
Joined: Sat Jan 25, 2014 5:16 am
Location: London

Does anyone have a second or more Betfair accounts?
I know Betfairs rules state only one account per person, are there any expceptions??
Have a couple of automations that are messing with my manual trading, also it would be a lot easier to keep track of profit/loss for different strategies for example manual/automated trading.
Anyone has 2 accounts linked to each other?
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Jim Royle
Posts: 58
Joined: Tue Dec 10, 2019 3:21 pm

don`t have linked accounts but come from a large family and they all have accounts even my 102yr old granny which she uses every now and again
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jimibt
Posts: 3005
Joined: Mon Nov 30, 2015 6:42 pm

rik wrote:
Tue Jan 07, 2020 1:44 pm
Does anyone have a second or more Betfair accounts?
I know Betfairs rules state only one account per person, are there any expceptions??
Have a couple of automations that are messing with my manual trading, also it would be a lot easier to keep track of profit/loss for different strategies for example manual/automated trading.
Anyone has 2 accounts linked to each other?
rik - *we* have 2 BF accounts here at borders central, one that i setup for myself about 10 years ago and another that my *wife* setup around 5-6 years ago. both are used for different purposes and have never caused any issues despite operating from the same ip address on many occassions.

not sure how the BF policy is these days in this regard (i.e. two accounts, same physical address) but I'd assume it's still above board.
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PDC
Posts: 1956
Joined: Sun Jul 24, 2016 5:52 pm

I saw Peter tweeted around Christmas time that his children are now trading and that he is teaching them so he might be able to offer advice on using the same address, physical and IP, for trading if they and him are all trading from the same location.

I thought a while back on here I read that Betfair had stopped individuals have sub accounts but those who had them previously could keep them. Again Peter often talks about running different strategies on different accounts so he will again be able to offer advice on this I would think.
rik
Posts: 1383
Joined: Sat Jan 25, 2014 5:16 am
Location: London

Jim Royle wrote:
Tue Jan 07, 2020 1:48 pm
don`t have linked accounts but come from a large family and they all have accounts even my 102yr old granny which she uses every now and again

accounts have to be linked due to charges, cant just use an account in a different name risk getting banned
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Derek27
Posts: 10937
Joined: Wed Aug 30, 2017 11:44 am
Location: UK

I opened a second account for gambling at a time when it was allowed, but I no longer have a use for it and it's now dormant. If you have two accounts you have to use different cards/banks for each one.
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jimibt
Posts: 3005
Joined: Mon Nov 30, 2015 6:42 pm

Derek27 wrote:
Tue Jan 07, 2020 3:03 pm
I opened a second account for gambling at a time when it was allowed, but I no longer have a use for it and it's now dormant. If you have two accounts you have to use different cards/banks for each one.
and of course, those attached cards must match up to the name of the registered user (per account)!!
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Derek27
Posts: 10937
Joined: Wed Aug 30, 2017 11:44 am
Location: UK

jimibt wrote:
Tue Jan 07, 2020 3:10 pm
Derek27 wrote:
Tue Jan 07, 2020 3:03 pm
I opened a second account for gambling at a time when it was allowed, but I no longer have a use for it and it's now dormant. If you have two accounts you have to use different cards/banks for each one.
and of course, those attached cards must match up to the name of the registered user (per account)!!
I remember asking over the phone why I can't use the same card for both accounts and as ever, received a helpful reply from Betfair: "you just can't". :)
PeterLe
Posts: 3597
Joined: Wed Apr 15, 2009 3:19 pm

Folks
Some of my family have betfair accounts and some trade from the same IP address
Initially, I just dropped Betfair an email explaining if this would be an issue and they said no, as long as you dont break the rules (ie try to dodge the Premium charge, trade against each other etc)...
They wanted KYC for my daughter and my son (who has the same name as me :D ), but all good and Ive had no issues
Regards
Peter
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Dallas
Posts: 16306
Joined: Sun Aug 09, 2015 10:57 pm
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When they stopped allowing people to have multiple accounts I asked about other family members opening accounts (who would have the same IP) and I was told exactly the same as Peterle's response above
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