Australian Horse Racing
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TipTopTrader
- Posts: 465
- Joined: Fri Feb 16, 2018 8:29 pm
What about the turnover charge? aren't you worried if you keep trading 24 races a week with a high turnover, that betfair will ring you and restrict or ban you from those races. No more saturday Christmas at Randwick!!
I just traded five races last night, though with two odds-on favourites I'm already over $2K.TipTopTrader wrote: ↑Mon Jul 08, 2019 5:36 amWhat about the turnover charge? aren't you worried if you keep trading 24 races a week with a high turnover, that betfair will ring you and restrict or ban you from those races. No more saturday Christmas at Randwick!!
Incidentally, if I had to pay the turnover charge on last nights five races it would amount to 84% of my profits, but sometimes it can go well over 100% so you have to watch that 24 race limit closely.
Any clue as to how much you get out of a market like that? Would be interesting to have some context.
I made a mess of it and gave most of my green back as it came back in a few points late on and only came away with a little over £10.
I got £35 odd out of the market, which is fairly good for me. I would have stopped trading when I posted that chart but I traded Spend as well.
