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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?
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anyone have a view on the above video? -
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.Comment
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It won't get you banned from Betfair, however a lot of bookies may restrict your account for it.Originally posted by captain73 View PostComment
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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.Originally posted by The Geek View PostComment
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if you are using Betfair.. how can the bookies restrict your account? or do you mean if you do the same at a bookie?Originally posted by The Geek View PostComment
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