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Or should I say G'Day mates! (Sorry couldn't resist!)
Anyway, I've been a member of Diybetfairbots for 15 months now and I have never made a post until now. I've been quite happy to just sit on the fence and read all those insightful and sometimes witty posts by other members.
Ok, since about September 2008 I have been developing my own betfair bot using C# Express 2005 with only an intermediate knowledge of the C programming language. And I must say it's been a slow learning curve trying to get a handle on object orienting programming for the 1st time. Sometimes it took me a couple of weeks or more to get a specific part of my bot to work properly and that's with extensive Googling! There were many times when I nearly gave up.
Anyway before I give you my life story, my problem is the minimum bet size. Within the 1st month that I started to write my bot, I discovered the technique to place less than the minimum bet size of $6 as it was then (now it's $5 her is AUS). In the 1st 12 months of using my bot on the free API, I attempted to trade mostly as I thought this is where the money was. Unfortunately I got burnt many times leaving trades open and had lost sizable sums of money in the process.
So for the last 6 to 8 months, I have been testing other strategies (like dutching and similar) using small amounts of money that places bets on most of the required selections below the minimum amount. Now for the very 1st time, I have received an email from Betfair stating:
"We are aware that some customers use software that circumvents the minimum stake restriction and we have automated
procedures that identify accounts looking to disadvantage or inconvenience other customers by matching an excessive
number of small bets.
On reviewing the activity on your account, we are happy to accept that the bets you have placed that are less than the
limit were not placed in bad faith, and that your intention was not to disadvantage or inconvenience any other Betfair
Please be advised that Betfair takes a firm stance on minimum bet abuse and any further infringements may result in
account suspension. If you need further clarification on this policy or have any other questions regarding Betfair,
please don't hesitate to contact us".
I did ring the Betfair help desk here in Australia and spoke to a rep who did understand my point of view but he also reminded me of Betfair's policy regarding the minimum bet and said that it's quite possible my account could be suspended indefinitely if it occurs again. He was very nice about it though! (And I did ask)
What can I say? I really don't want my account suspended! I've spent too much time (and money) getting my bot to where it is now only to be suspended indefinitely. I guess I just have to ease up on "excessive number of small bets". How many bets is not excessive anyway?
So if there is anybody out there who has been caught by this or has a suggestion or two, I would be glad to hear from you!