Change in Betfair terms

News, chat and debate about the Betfair betting exchange.
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John Doe
Posts: 20
Joined: Tue Feb 14, 2012 11:12 am

Saw this on the Betfair forum?
Apparently, customers are no longer allowed to have an exposure limit on their account that is higher than the total available funds.

This results in the absurd situation that, if our accounts are constantly growing (a big 'if' maybe!), and if we actually want to use all of the funds in our accounts, we have to contact Betfair every day to have those exposure limits raised.

I just an amusing conversation with one of the 'help'desk employees, in which I tried to get my exposure limit raised to a decent level (in the past, I've always had it above my total balance), but was refused.
Alpha322
Posts: 846
Joined: Fri Oct 30, 2009 4:45 pm

John Doe wrote:Saw this on the Betfair forum?
Apparently, customers are no longer allowed to have an exposure limit on their account that is higher than the total available funds.

This results in the absurd situation that, if our accounts are constantly growing (a big 'if' maybe!), and if we actually want to use all of the funds in our accounts, we have to contact Betfair every day to have those exposure limits raised.

I just an amusing conversation with one of the 'help'desk employees, in which I tried to get my exposure limit raised to a decent level (in the past, I've always had it above my total balance), but was refused.
Is not this a road to disaster, using a 100% of your account is madness in itself yet alone leverage :shock:
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CaerMyrddin
Posts: 1271
Joined: Mon Sep 07, 2009 10:47 am

My exposure limits are ten times my bank role, so I'm not sure something really changed?
enzabella2009
Posts: 747
Joined: Tue Nov 03, 2009 3:58 pm

same here
but 20 times higher..
CaerMyrddin wrote:My exposure limits are ten times my bank role, so I'm not sure something really changed?
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CaerMyrddin
Posts: 1271
Joined: Mon Sep 07, 2009 10:47 am

We're getting mean, aren't we? ;)
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mugsgame
Posts: 1235
Joined: Wed Mar 25, 2009 11:41 pm

Is this on the back of the Vola de Volette fiasco?
Boing
Posts: 134
Joined: Thu Feb 23, 2012 4:06 pm

Everything seems fine on my account.
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Euler
Posts: 24816
Joined: Wed Nov 10, 2010 1:39 pm
Location: Bet Angel HQ

Can't say I've seen any change?
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