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Thread: Are there any trading Techniques that can get you banned fro Bet Fair?

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    Default Are there any trading Techniques that can get you banned fro Bet Fair?

    Are there any kind of practices that will get you banned on Bet Fair. For example something like this, where you lay, lay, lay, lay lay, then back>hedge up?

    https://www.youtube.com/watch?v=oHg5SJYRHA0

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    anyone have a view on the above video?

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    Don't really see a problem to be honest, you see a lot of people backing/laying constantly with huge amounts hoping people will jump on the move, and they sometimes do and it will push a price down/up, they then whack a huge amount on the other side after the move has moved a few ticks. I think you could be caught out if someone opposes it and gets some momentum.

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    Quote Originally Posted by captain73 View Post
    Are there any kind of practices that will get you banned on Bet Fair. For example something like this, where you lay, lay, lay, lay lay, then back>hedge up?

    https://www.youtube.com/watch?v=oHg5SJYRHA0
    It won't get you banned from Betfair, however a lot of bookies may restrict your account for it.

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    Quote Originally Posted by The Geek View Post
    It won't get you banned from Betfair, however a lot of bookies may restrict your account for it.
    OK, thanks to you both. I have been messing about with this (above YouTube clip), but I notice Caan and Peter in their videos, they might back twice, take a bit of money out by laying once, then later take the rest out then hedge. I might have to rethink my technique and be a bit more conservative. Don't want to get limited early on into my attempt at trading. Although I prefer scalping to swing trading. Maybe I need to learn patience, swing trade a bit more, and learn to take the occasional loss.

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    Quote Originally Posted by The Geek View Post
    It won't get you banned from Betfair, however a lot of bookies may restrict your account for it.
    if you are using Betfair.. how can the bookies restrict your account? or do you mean if you do the same at a bookie?

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