24th November 2005, 10:46 AM
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Member
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Join Date: Feb 2005
Posts: 156
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Quote:
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Originally Posted by Debug
OzPunter
Just to clarify my last post. It has nothing to do with infringing rights. I was thinking about costs to the programmer.
Betfair intention was that if anyone wrote a program (a user interface) that was going to pass bets to the Betfair API then Betfair wanted a royalty for each program sold. If your program was only to download prices then no royalty would be sought.
In short, the user (punter) pays for the API and your interface program can download prices through it at no cost to you - the programmer. But if your program can pass bets back through the API then you had to pay a royalty - which is when a vendor ID was to be included in the bet stream.
It may be just academic now because that was a couple of years ago and Betfair may not have gone ahead with royalty requirement. I thought it was a bit greedy at the time.
Regards
Debug
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Thanks for that Debug, every time I read their rules I can read something new into it . Still I think that Betfair should be satisfied in the % they receive from winnings without wanting more. (these types of programs only increase their turnover). There's a monthly fee to support the API and the developer has to carry this cost until they are selling their program profitably, (remember they may only sell one or two copies) so it's a hard slog to juggle until you get off the ground. The program's user will still have to pay the monthly fee once the own the program, so they really need to use it daily to make a profit.
Betfair on the other hand are offering a load of support so I'm keen to get started, but I have to find time to do all the general living stuff and cover living expenses till I get this plan up and going.
When I came up with they idea I didn't expect to make a full business out of it, just a hobby. But that's where it's heading and so I need to do things properly. If it does turn into a full business, this'll be my fourth, so it doesn’t scare me a bit. (I know how tough the road ahead is).
Kind Regards and thanks for all the readers who have sent me their best wishes... Thank You
OzPunter
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