Australian Horse Racing
That was the odd thing though, they weren't showing on the Betfair website either. Normally they do as you say. In the end the bet was changed to an SP bet and all ended fine. But I was a bit worried, thankfully the stake was fairly small and it would have worked out okay had I ended up in play as the fav won so wouldn't have had any issue getting my closing lay matched. But it was very un-nerving.
Think you may have missed this Peter from the other day - I would be interested to hear which other days you do manually when the racing is in full swing down under.
PDC wrote: ↑Wed Jul 31, 2019 10:55 amWhat other days will you do manually out of interest?
You should pop into the forum thread on Saturday's not seen you on it during a Saturday session in weeks, if not months. I had assumed therefore you weren't trading manually Saturday's during this quieter time down under.
See you on the thread this Saturday
Panic over, I was looking at last weeks spreadsheet. I've still got 6 tokens left.
Are you being serious? I sometimes trade £1K on an NSW market and make £5 (could even make a loss) and would have to pay £12 turnover charge. The charge is for turnover, not profit. It's not Betfair's fault but the NSW authorities.
I've sometimes traded more and made a loss - that's part of trading. I don't know where you get your information from but you certainly won't avoid the charge by letting a couple of bets run. The charge is based on back bet total and number of markets, regardless of whether you lay them or not.
http://www.betfair.com/aboutUs/Betfair. ... /#charges8
The 1.5% clause is for punters - people who place back only bets that lose will generate 1.5% commission because their losses equal their back bets.
For £1K back bets, a trader would have to win at least £300 to generate the £15 necessary!