Hello all, I have been looking desperately for a direct betfair account, i am from UAE and betfair stopped offering services in the region, I was a FT cricket trader before that happened and now unfortunately a decent chunk of my livlihood depends on that, i am mostly a scalper and need trading software to do that and therefore orbit/fairexchange does not suffice
Is there anyone here who was able to successfully get a direct account with betfair using any of the brokers OR is there any other way around it ?
I will really appreciate any help at all
PS i already have a orbitx account but as i mentioned I need to have access to trading software in order to execute my strategies.
Thanks
Direct Betfair Account
If ever there is a -EV request, this is right up there.
There is just no upside for the person helping.
Betfair still allows Master accounts, but you cannot rent them out. If you do, you risk the chance of the person using
having all the accounts suspended/locked.
If you find a friend, then the bank accounts are linked - and the risk of draining the funding mechanism.
I would need a huge sum committed by the rentee, before even looking at this, and then, want a big financial reason for getting involved.
If you were a full-time trader, you have to find a way to get into a non-banned country or have v significant resources.
The Betfair skins in India do have some API access, but again, they only give out to known, highly regarded clients.
There is just no upside for the person helping.
Betfair still allows Master accounts, but you cannot rent them out. If you do, you risk the chance of the person using
having all the accounts suspended/locked.
If you find a friend, then the bank accounts are linked - and the risk of draining the funding mechanism.
I would need a huge sum committed by the rentee, before even looking at this, and then, want a big financial reason for getting involved.
If you were a full-time trader, you have to find a way to get into a non-banned country or have v significant resources.
The Betfair skins in India do have some API access, but again, they only give out to known, highly regarded clients.
Tough one OP. Much could be said but it's a tricky topic, ideally would never engage in these discussions but I sympathize.
Don't want to criticize or sound negative but all I'm going to say is that quote "By failing to prepare, you are preparing to fail" comes to mind.
Still, few rough ideas/options to maybe consider, would strongly advise only above board solutions if serious about Betfair and if you're a huge fan of their services, and if you're well into profit why wouldn't you love BF. Too many ppl burn bridges and accs with greedy short term thinking, never understood that mindset.
A) Can probably re-open acc from the UK or Malta or whatever, then maybe get Bet Angel VPS etc to trade from other locations. Ask Dallas if any potential issues.
B) Many unprofitable traders are desperate to find skilled mentors, maybe some wouldn't mind a bit of remote control assistance. Idk, can use some imagination there etc.
C) Adapt. Consider moving on from scalping and trade without ladder etc. I did just that, mainly scalped and now barely do, can trade without ladder if needed. Could live off Liverpool markets alone cuz passion for the team fuels knowledge about its pricing etc, which is a beautiful concept imho.
But obviously ideally you want to secure your acc for long-term, can only really do that by linking them to countries that are never at risk.
Hopefully that helps, good luck
Don't want to criticize or sound negative but all I'm going to say is that quote "By failing to prepare, you are preparing to fail" comes to mind.
Still, few rough ideas/options to maybe consider, would strongly advise only above board solutions if serious about Betfair and if you're a huge fan of their services, and if you're well into profit why wouldn't you love BF. Too many ppl burn bridges and accs with greedy short term thinking, never understood that mindset.
A) Can probably re-open acc from the UK or Malta or whatever, then maybe get Bet Angel VPS etc to trade from other locations. Ask Dallas if any potential issues.
B) Many unprofitable traders are desperate to find skilled mentors, maybe some wouldn't mind a bit of remote control assistance. Idk, can use some imagination there etc.
C) Adapt. Consider moving on from scalping and trade without ladder etc. I did just that, mainly scalped and now barely do, can trade without ladder if needed. Could live off Liverpool markets alone cuz passion for the team fuels knowledge about its pricing etc, which is a beautiful concept imho.
But obviously ideally you want to secure your acc for long-term, can only really do that by linking them to countries that are never at risk.
Hopefully that helps, good luck