trading profits

Discuss anything related to using the program (eg. triggered betting tactics)

Moderator: 2020vision

trading profits

Postby easternpromise » Wed Feb 09, 2011 10:58 pm

Hi guys, when making small trades during horse races e.g scalping, do the profits from these trades get paid to your bank instantly or do you have to wait for the race to be completed/processed.

Thanks
easternpromise
 
Posts: 82
Joined: Wed Feb 13, 2008 7:38 pm

Postby Captain Sensible » Thu Feb 10, 2011 12:25 am

Racing profits are only ever paid once the market has been settled by Betfair. Some longer terms markets are partially settled to release profits but most only get paid out after the result is official just to cover betfair in case of any races/matches etc being declared void for whatever reason.
User avatar
Captain Sensible
 
Posts: 2923
Joined: Sat Nov 19, 2005 2:29 pm


Return to Discussion

Who is online

Users browsing this forum: No registered users and 40 guests

Sports betting software from Gruss Software


The strength of Gruss Software is that it’s been designed by one of you, a frustrated sports punter, and then developed by listening to dozens of like-minded enthusiasts.

Gruss is owned and run by brothers Gary and Mark Russell. Gary discovered Betfair in 2004 and soon realised that using bespoke software to place bets was much more efficient than merely placing them through the website.

Gary built his own software and then enhanced its features after trialling it through other Betfair users and reacting to their improvement ideas, something that still happens today.

He started making a small monthly charge so he could work on it full-time and then recruited Mark to help develop the products and Gruss Software was born.

We think it’s the best of its kind and so do a lot of our customers. But you can never stand still in this game and we’ll continue to improve the software if any more great ideas emerge.