Thread: Test System
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  #18  
Old 13th July 2009, 07:03 AM
michaelg michaelg is offline
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Join Date: Jan 1970
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Hi, Bhagwan.

When Betfair emailed me they made no threat of my downloading/copying it. They did however say that they had confiscated my winnings from the below minimum bets which I naturally considered unacceptable, so I immediately checked my account to discover that they had not interfered with it in any way.

Then the next day they again contacted me to correct the original email. They confirmed they had not deducted the winnings from the under minimum bets, and that if I made a similar transgression they might cancel my account. I interpret their second email as meaning that if I have another below minimum bet then the door is open for an explanation from me which would determine the future of my account. Maybe they are now not as draconian as when you received your ultimatum?

I have been successfully testing a second lay method, but as it is based on the neurals and with only about 25 races so far, I am uneasy to have $5 bets and have consequently stopped, resulting in lost revenue for Betfair. And if I ever want to test more lay methods I would think twice about experimenting with $5 bets. And I would be surprised if I was the only small betting punter with this outlook particularly if the method was based on laying horses that are not favoured in the market with a large liability.

As you say, if Betdaq can profit on a minimum bet of $0.50 with a 3% commission, then why can't Betfair whom we are told are making massive profits???
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