Change of currency

Discussion regarding the spreadsheet functionality of Bet Angel.
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toptrader
Posts: 77
Joined: Sun Jan 31, 2010 9:58 pm

Hi
I am thinking of changing my account from GBP to EUR with betfair. Has anyone else had experience of this? Some questions for how BA will handle it

Presumably BA will process the trade as usual without caring what currency it is in, but my trade will show up in the ladder/ book as the GBP equivalent as it would have to be converted by betfair?

Would this potentially mess anything up with greening or other bet management where a 2 EUR stake would actually be something like £1.72 GBP and therefore may not show up on the book. Presumably BA could still manage it ok as it would use the bet reference number?

Any thoughts or knowledge of how this works appreciated, thanks!
aleksandar
Posts: 26
Joined: Fri Dec 04, 2009 10:50 pm

I think you can't change account currency. You have to open new account with new currency specified.
toptrader
Posts: 77
Joined: Sun Jan 31, 2010 9:58 pm

thanks i'm waiting for betfair to get back to me on that one, but that's not an issue to open a second account - will let you know

I'd still be keen to find out how BA handles it though
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Euler
Posts: 26428
Joined: Wed Nov 10, 2010 1:39 pm

You just select a different currency when you log in, that is all.
toptrader
Posts: 77
Joined: Sun Jan 31, 2010 9:58 pm

Ok, will try it out sometime
Betfair have confirmed (as expected) you have to setup a new account with a new payment method.
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