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-   -   betfair api working ? (http://forums.ozmium.com.au/showthread.php?t=27539)

TWOBETS 13th November 2013 07:17 PM

Working???? Maybe not
 
I just made a small fortune on Betfew. Not in my account yet though, and its pounds to pennies they'll null and void the transaction.

Pat123 13th November 2013 07:17 PM

Quote:
Originally Posted by UselessBettor
Another reason why the back with bookies lay with betfair (arbitrage) can lose.

It can take massive amounts of money to make money using it. Eventually you get stung by something like betfair down and you can lose all your profits.

I've also seen different rules between betfair and the bookies and these sometimes cause an issue too. keep an eye out for it.
Yeah I can take a hit like that every now and then. Luckily I've never actually had a loss when an issue like this with betfair comes up. If and when it does, in the grand scheme of things it won't make any sort of significant dent which is good!

The Ocho 13th November 2013 07:19 PM

Their Back!

Rinconpaul 13th November 2013 08:27 PM

Quote:
Originally Posted by stugots
still down here, grr, got some good things coming up in Perth;)


I wonder if that good thing was Crumpet O'Reilly in Ascot 6. A perfect race, $1.70 Fav, 2nd Fav $12 ??

SpeedyBen 13th November 2013 09:54 PM

Quote:
Originally Posted by UselessBettor
Another reason why the back with bookies lay with betfair (arbitrage) can lose.

It can take massive amounts of money to make money using it. Eventually you get stung by something like betfair down and you can lose all your profits.

I've also seen different rules between betfair and the bookies and these sometimes cause an issue too. keep an eye out for it.
The place market in particular should be checked in races with fewer than 8 runners.

Pat123 13th November 2013 10:44 PM

Quote:
Originally Posted by SpeedyBen
The place market in particular should be checked in races with fewer than 8 runners.
It's the first thing I do ;)


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