Questions from a newbie

[tractorboy]

I have just started my free trial & have a few questions for the experts out there. Apologies if these are covered in the academy videos. If so I have missed them.

What effect does a late withdrawal have on, a) an uncompleted trade, b) a completed un-hedged trade and c) a completed hedged trade.

If you have completed a trade & hedged can you continue trading on the same market.

If you have a completed trade would the hedged amount been the same regardless of the number of runners or different for say 8 runners or 12 runners

Are you able to deposit to & withdraw from your Betfair account through Bet Angel and can you see your account balance

Is there a minimum stake of £2

Can you get a history of your trades for the day, week, month etc.

Sorry a lot of questions there but any help will be appreciated.

[Derek27]

Welcome to the forum tractorboy.

I have just started my free trial & have a few questions for the experts out there. Apologies if these are covered in the academy videos. If so I have missed them.
What effect does a late withdrawal have on, a) an uncompleted trade, b) a completed un-hedged trade and c) a completed hedged trade.

A late withdrawal will result in reduced prices across the board after the reduction factor has been applied.

a) If you've backed a horse at 6 and a horse with a reduction factor of 10% has been withdrawn very late, you should assume you've backed that horse at 5.4 and not 6, but it is fairly rare for reduction factors to be applied after the race. Usually they get applied straight away and you'll see your position.

b) It will reduce the amount of the un-hedged trade (free bet) but it will still be a free bet.

c) Will reduce your green book slightly but shouldn't make much difference as both, back and lay bet prices are reduced.

If you have completed a trade & hedged can you continue trading on the same market.

Yes

If you have a completed trade would the hedged amount been the same regardless of the number of runners or different for say 8 runners or 12 runners

Yes, your profit is basically (lay price / back price - 1) * stake, the other runners are not relevant.

Are you able to deposit to & withdraw from your Betfair account through Bet Angel and can you see your account balance

You cannot withdraw or deposit via Bet Angel but you can see your account balance in the bottom right if enabled.

Is there a minimum stake of £2

No, it's been reduced to £1, not sure what it is if your local currency is dollars or Euros.

Can you get a history of your trades for the day, week, month etc.

Yes, they appear in CSV in your Bet Angel folder. I created a spreadsheet to extract the information in the post below.

viewtopic.php?p=323823#p323823

[Anbell]

I have just started my free trial & have a few questions for the experts out there. Apologies if these are covered in the academy videos. If so I have missed them.

What effect does a late withdrawal have on, a) an uncompleted trade, b) a completed un-hedged trade and c) a completed hedged trade.

If you have completed a trade & hedged can you continue trading on the same market.

If you have a completed trade would the hedged amount been the same regardless of the number of runners or different for say 8 runners or 12 runners

Are you able to deposit to & withdraw from your Betfair account through Bet Angel and can you see your account balance

Is there a minimum stake of £2

Can you get a history of your trades for the day, week, month etc.

Sorry a lot of questions there but any help will be appreciated.

https://www.google.com/url?sa=t&rct=j&q ... i=89978449

[Dallas]

I have just started my free trial & have a few questions for the experts out there. Apologies if these are covered in the academy videos. If so I have missed them.

Is there a minimum stake of £2

As Derek said above the Betfair minimum stake is now £1
But you can place bets of any value with Bet Angel

[tractorboy]

Thanks to everybody for you replies. Good luck (if you need it) to all with your trading.