Betfair Old Account

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Kafkaesque
Posts: 886
Joined: Fri Oct 06, 2017 10:20 am

rik wrote:
Mon Nov 09, 2020 1:29 pm
I had a couple old accounts i hadnt used in years, when i switched to a master account a few months ago they deleted them.
Think as long as your not using them at the same time and especially if they arent linked nothing to worry.
They only allow 1 as easier to administer and keep track of charges i think.
Agree with this, but will add that I would step more carefully, if you have taken advantage of a deposit bonus only available to new customers/accounts (or any other such offer). Apart from PC "cheating" this is likely where BF are most on it and cracking down. If you've taken up such an offer from them, and your primary concern is not getting shut down, I would make sure to inform them of your honest mistake and offer to pay back whatever you gained from the offer, before they find it.
spreadbetting
Posts: 3140
Joined: Sun Jan 31, 2010 8:06 pm

rik wrote:
Mon Nov 09, 2020 1:29 pm
I had a couple old accounts i hadnt used in years, when i switched to a master account a few months ago they deleted them.
Think as long as your not using them at the same time and especially if they arent linked nothing to worry.
They only allow 1 as easier to administer and keep track of charges i think.
How did you get a master account, rik? And how many sub accounts off that do you get, thanks.
rik
Posts: 1583
Joined: Sat Jan 25, 2014 5:16 am
Location: London

spreadbetting wrote:
Mon Nov 09, 2020 4:05 pm

How did you get a master account, rik? And how many sub accounts off that do you get, thanks.
its called „master sub account“, i was told its always 8 subaccounts you cant have more than that
if you have an account manager contact him, otherwise [email protected]
they will come back with a questionnaire about your intended usage, i think you need to have decent turnover to qualify, dont think profit matters, they are hoping that by giving additional accounts you will increase your turnover, so if you dont qualify maybe say you have more strategies that you need seperate accounts to run at the same time which would increase your betting etc
theyve been very helpful with me no complaints
Anbell
Posts: 2062
Joined: Fri Apr 05, 2019 2:31 am

spreadbetting wrote:
Mon Nov 09, 2020 4:05 pm
rik wrote:
Mon Nov 09, 2020 1:29 pm
I had a couple old accounts i hadnt used in years, when i switched to a master account a few months ago they deleted them.
Think as long as your not using them at the same time and especially if they arent linked nothing to worry.
They only allow 1 as easier to administer and keep track of charges i think.
How did you get a master account, rik? And how many sub accounts off that do you get, thanks.
I dont think there's a limit.
Anbell
Posts: 2062
Joined: Fri Apr 05, 2019 2:31 am

Anbell wrote:
Tue Nov 10, 2020 5:27 am
spreadbetting wrote:
Mon Nov 09, 2020 4:05 pm
rik wrote:
Mon Nov 09, 2020 1:29 pm
I had a couple old accounts i hadnt used in years, when i switched to a master account a few months ago they deleted them.
Think as long as your not using them at the same time and especially if they arent linked nothing to worry.
They only allow 1 as easier to administer and keep track of charges i think.
How did you get a master account, rik? And how many sub accounts off that do you get, thanks.
I dont think there's a limit.
What we (BA) really need is "customerStrategyRef"
https://docs.developer.betfair.com/disp ... laceOrders

THat we way you can only use one account, but all of your strategies are segmented/isolated. And we'd all save thousands$$ in commission because all the losses/wins net each other out for comm purposes.
spreadbetting
Posts: 3140
Joined: Sun Jan 31, 2010 8:06 pm

rik wrote:
Tue Nov 10, 2020 4:57 am
spreadbetting wrote:
Mon Nov 09, 2020 4:05 pm

How did you get a master account, rik? And how many sub accounts off that do you get, thanks.
its called „master sub account“, i was told its always 8 subaccounts you cant have more than that
if you have an account manager contact him, otherwise [email protected]
they will come back with a questionnaire about your intended usage, i think you need to have decent turnover to qualify, dont think profit matters, they are hoping that by giving additional accounts you will increase your turnover, so if you dont qualify maybe say you have more strategies that you need seperate accounts to run at the same time which would increase your betting etc
theyve been very helpful with me no complaints

Thanks
Anbell
Posts: 2062
Joined: Fri Apr 05, 2019 2:31 am

Anbell wrote:
Tue Nov 10, 2020 5:50 am
Anbell wrote:
Tue Nov 10, 2020 5:27 am
spreadbetting wrote:
Mon Nov 09, 2020 4:05 pm


How did you get a master account, rik? And how many sub accounts off that do you get, thanks.
I dont think there's a limit.
What we (BA) really need is "customerStrategyRef"
https://docs.developer.betfair.com/disp ... laceOrders

THat we way you can only use one account, but all of your strategies are segmented/isolated. And we'd all save thousands$$ in commission because all the losses/wins net each other out for comm purposes.
Last edited by Anbell on Tue Nov 10, 2020 10:38 pm, edited 1 time in total.
rik
Posts: 1583
Joined: Sat Jan 25, 2014 5:16 am
Location: London

it would be good but I still wouldnt be able to separate the different strategies from the profloss statement that betfair is giving? you would have to extract your results directly from betangel to keep track?
At the moment I run different strategies on different accounts, on the one hand because net position of another strategy interferes and secondly so i can more easily keep track of results.
if not on premium charge it would be helpful to offset commission otherwise your better off paying more commission anyway
Anbell
Posts: 2062
Joined: Fri Apr 05, 2019 2:31 am

rik wrote:
Tue Nov 10, 2020 11:17 am
it would be good but I still wouldnt be able to separate the different strategies from the profloss statement that betfair is giving? you would have to extract your results directly from betangel to keep track?
At the moment I run different strategies on different accounts, on the one hand because net position of another strategy interferes and secondly so i can more easily keep track of results.
if not on premium charge it would be helpful to offset commission otherwise your better off paying more commission anyway
No. Betfair list the reference on each bet so that you can track each strategy.

It also keeps each instance isolated from each other so that you can use, for example, "if matched bets = 1" for each strategy
spreadbetting
Posts: 3140
Joined: Sun Jan 31, 2010 8:06 pm

Anbell wrote:
Tue Nov 10, 2020 10:38 pm
rik wrote:
Tue Nov 10, 2020 11:17 am
it would be good but I still wouldnt be able to separate the different strategies from the profloss statement that betfair is giving? you would have to extract your results directly from betangel to keep track?
At the moment I run different strategies on different accounts, on the one hand because net position of another strategy interferes and secondly so i can more easily keep track of results.
if not on premium charge it would be helpful to offset commission otherwise your better off paying more commission anyway
No. Betfair list the reference on each bet so that you can track each strategy.

It also keeps each instance isolated from each other so that you can use, for example, "if matched bets = 1" for each strategy

Only if you're accessing the bets via the API, most people won't have that access so having different strategies on separate accounts would make it easier than recreating each strategy via a list of bets from the API. Plus with PC generating Comms isn't a bad thing.
eightbo
Posts: 2166
Joined: Sun May 17, 2015 8:19 pm
Location: Australia / UK

Kai wrote:
Sun Nov 08, 2020 8:07 pm
Image
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