View Single Post
  #9  
Old 13th April 2014, 02:31 PM
UselessBettor UselessBettor is offline
Member
 
Join Date: Sep 2011
Posts: 1,534
Default

Quote:
Originally Posted by Chrome Prince
Interesting you got a warning for laying under the minimum, never had one of those. Might be you were doing lots of little ones and no big ones?
When I was laying the field, I had numerous lays under $5.00 and many in the cents range without warning.

No it wasn't that many. It would have been less than 5% of my bets under the minimum staking size. I talked to the support guys on the phone and they wouldn't confirm it in writing but they indicated one of the reasons I was sent a warning was that they looked the other way until you started generating a certain profit each week and I was now above this threshold.

There isn't much I can do about it except accept it and do my best to meet the T+C's and not get banned.

I have done an analysis on backing and laying. ie Lay to a liability of $1000 and back to a liability of $950 so that I am only risking $50 and it still shows an acceptable profit. This means my turnover is going to double but at least its on sports overseas which means no turnover tax implications.
Reply With Quote