Betfair API-NG

[jimibt]

Yes!

astounded!!

[LeTiss]

That's a total disaster, and will absolutely destroy liquidity on AUS markets from UK based traders

[jimibt]

i know the post was related to the technical roll-out, bla, bla - but, there seems to be no rationale in blinding themselves to the fact that 1000's of applications out there must surely rely on mechanisms that are related to this absolute godsend of a safety net (as well as other trading based code)...

still astounded!!

[Euler]

That's a total disaster, and will absolutely destroy liquidity on AUS markets from UK based traders

I was thinking the other way around. The Aussie guys will get much bigger latency now.

[Euler]

i know the post was related to the technical roll-out, bla, bla - but, there seems to be no rationale in blinding themselves to the fact that 1000's of applications out there must surely rely on mechanisms that are related to this absolute godsend of a safety net (as well as other trading based code)...

still astounded!!

Taking the old AUS API offline probably saves them a few quid in costs I'd imagine.

[jimibt]

i know the post was related to the technical roll-out, bla, bla - but, there seems to be no rationale in blinding themselves to the fact that 1000's of applications out there must surely rely on mechanisms that are related to this absolute godsend of a safety net (as well as other trading based code)...

still astounded!!

Taking the old AUS API offline probably saves them a few quid in costs I'd imagine.

PLUS - by removing this safety net, then many traders will risk higher daily exposure and thus potentially greater revenue for BF - just saying!!

[spreadbetting]

That's a total disaster, and will absolutely destroy liquidity on AUS markets from UK based traders

Why? They're not removing AUS market access or anything.

Never really made much sense for them to have separate endpoints other than from a regulatory point of view imposed by the AUS authorities, I'd imagine. Guess this way it allows them to implement the Stream API a lot ore efficiently.

[jimibt]

That's a total disaster, and will absolutely destroy liquidity on AUS markets from UK based traders

Why? They're not removing AUS market access or anything.

Never really made much sense for them to have separate endpoints other than from a regulatory point of view imposed by the AUS authorities, I'd imagine. Guess this way it allows them to implement the Stream API a lot ore efficiently.

i'm just hoping there's a similar way under the new api change (if i've understood the changes) to effectively remove money/exposure from the live market/session programatically..

[spreadbetting]

i'm just hoping there's a similar way under the new api change (if i've understood the changes) to effectively remove money/exposure from the live market/session programatically..

If you're capable of programming a bot to transfer between accounts surely you'd be competent enough to limit the exposure of your bot? Look on the bright side it means you no longer need to maintain two funded wallets. People will now be more likely to have a bet on the AUS stuff rather than going thru the hassle of transferring funds back and to.

I do agree it'd be nice to have some kind of 'safe' area on the account, especially if it could offer extra security, but as it stands there are plenty of ways to protect your own exposure even if it means laying the outsider on the premiership winners market at 1.01.

[jimibt]

i'm just hoping there's a similar way under the new api change (if i've understood the changes) to effectively remove money/exposure from the live market/session programatically..

If you're capable of programming a bot to transfer between accounts surely you'd be competent enough to limit the exposure of your bot? .

within my own self contained environment, for sure. however, i use a combo of BA and a few bespoke elements, thus use the cludgy wallet transfer as my universal *get out of jail* card

[Euler]

Prior to the Aus wallet it was common practice to back something at massive odds that should be at much shorter odds to run up a liability.

[spreadbetting]

The AUS wallet was never intended as some method to limit funds though, like Peter says prior to the AUS wallet people just used different workarounds and they're still available. Now that 'fudge' has been removed hopefully Betfair will look at some method of setting up other methods of being able to limit liabilities or to secure/bank funds other than withdrawals, especially if enough people message them about it.

[jimibt]

Prior to the Aus wallet it was common practice to back something at massive odds that should be at much shorter odds to run up a liability.

lol -love it and it's a shame that such creative approaches have to be taken to a fundamentally basic requirement. and SB, yes, messaging BF is probably the best way fwd on this.

[Wainwright]

It'd be nice if they offered an Limit Liability API method, can't be too difficult, even nicer if it took a CustomerStrategyRef parameter for finer grained control.

You can use the poker/games wallet to hold funds, have to transfer manually though.

[Euler]

Post on BDP forum is hinting at perhaps another wallet at some point. Till then we can discuss workarounds.