There is no real issue with betting with the TAB using a bot accept you can't be sure of your price, there is in fact a method to bet in to all 3 tabs using just excel and a couple of TAB designed programs.
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If I find a suitable Bot can I link it to Tatts? All the Bot sites talk about Betfair. Thanks for the info Uselessbettor |
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Gday Shaun where do I find the TAB designed programs? I have been testing the system for a month and it appears to be successful but I need to set it up so I can go to work and the Bot places the bets. Betfair say minimum bet $5 I need to start my bets with $1 and if I go live with it I will probably start with 50 cents betting with the TAB or Tatts would be great. Thanks |
If you have an account with Tatts then you can start here.
http://tatts.com/tattsbet_help/info/netbet-pro If you can use excel to create the bets then this program will pick them up and send them direct to the system in about 5 seconds. |
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The reason they don't allow small bets below $5.00 is that people would be pinging in teeny weeny bets to avoid commission. In fact this is what happened early days. Because of rounding and the way commission is calculated, you could actually avoid commission completely in some cases and half of it in others. So the minimum is 2 uk pounds or 5 aussie dollars. They can't make it less, or it would be under the UK equivalent to avoid commission. |
I should add that they will let you bet below the minimum if that is just a very small part of bigger bets in the same market.
But when you just make little bets only, you'll get warned very quickly. |
Thanks CP. I know all about getting pinged. :(
That's all well and good but if you look at all the bet amounts on the software that I use (A Geeks Toy) you can see plenty of bets under both minimums but it seems it's only the Aussies getting told off about it. I know what you mean about "they will let you bet below the minimum if that is just a very small part of bigger bets in the same market". That's what I do with my trading where I'll be backing or laying $50 or $100 at a time but then hedge my bet which may only be $1. I haven't been told off for that (just for constantly betting with my bot under the minimum for bet after bet for days on end when testing out a system or 10). :eek: So watch out people if your thinking of betting below the minimum. Anyway, whatever happened to that guy with the TAB's bot? |
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