Transactions Per Hour Limits for Liquidity Providers

[winterwooksie]

I would like to provide liquidity to a lot more markets that I currently do.

The problem I run into is the 5000 bets per hour limit after which transaction charges apply. Considering all of the horse racing markets around the clock including place markets, dog races etc... A strategy to manage positions in these markets is severely restricted by the 5000 bets per hour limit.

Throttling is a way to manage this, but leads to sub-optimum management of positions resulting in me withdrawing from lots of markets.

While I appreciate that there needs to be sensible limits to protect the underlying infrastructure. Given this limit has not moved for a while, can I request that it is raised to say 10,000 bets per hour to allow me to bet into more markets ?

[polinkuer12]

I’ve hit the 5000 bets/hour limit myself while trying to scale up across multiple horse and greyhound markets, and it’s definitely a bottleneck. Throttling just forces me to pull out of lower-liquidity markets, which feels counterproductive. Doubling the limit would open up way more opportunities without overwhelming the system for most users. fnfgo

[BetfairDeveloperProgram]

Hi polinkuer12

Please see details of the changes we'll be making to the transaction charge from 1st September via https://forum.developer.betfair.com/...2025#post42143

The 5,000 limit refers to the "totally free" allowance before we start offsetting against any commission generated. So assuming that you are matching some bets and therefore generating commission, your limit should be well above the 5,000. E.g. If you are generating just £5 in commission in an hour, then this equates to further 5,000 free transactions (assuming they are non duplicate failed tx).

Bets put into the market with back size £10+ or lay liability £100+ are exempt in the new transaction charge calculation.

Kind Regards

Neil

[winterwooksie]

Hi Neil,

I understand that this rule applies to unmatched, liquidity-providing bets. I just wanted to confirm my understanding of the wording around "backer's stake of £10+".

Specifically, does "backer's stake" refer to:

• Me placing an unmatched back bet with a stake of £10+ (i.e. I am the backer providing liquidity for others to lay), or
• Me placing an unmatched lay offer where another backer could match £10 or more against it?

As a worked example, would the following qualify under the exemption:

• I place an unmatched lay at odds of 2.0 for £10, allowing another backer to take £10 at the odds I have laid

Or would it instead require:

• An unmatched lay bet where my liability is £100+ (e.g. £50 at 2.0)?

Thanks for your help

[BetfairDeveloperProgram]

Hi winterwooksie,

Backer's stake" refer to placing an unmatched back bet with a stake of £10+ (i.e. I am the backer providing liquidity for others to lay).

The following lay bet would not qualify for an exemption

• I place an unmatched lay at odds of 2.0 for £10, allowing another backer to take £10 at the odds I have laid

Please see below from the transaction charges page via https://support.betfair.com/app/answ...es#transaction

*Put-Up Bets with a backer's stake >= £10 or layer's liability >= £100 . For the avoidance of doubt, this refers to bets with a stake >= £10 if you are the backer and bets with a liability >= £100 if you are the layer.

Kind Regards

Neil

[winterwooksie]

Hi Neil,

Thanks for the clarification.

I'm sure the new rules are being monitored for take up, and will help some people. I assume the intention is to get more liquidity into the markets.

From my perspective, £100 laying liability per selection across all markets is just too steep for your average market maker.

[winterwooksie]

Hi Neil,

Sorry one more on this. How do the rules work for partially matched order requests?

i.e

Back £10 at odds of 10.0 - Bet unmatched (Classed as a Put-Up bet and therefore does not contribute to bet count)

Back £10 at odds of 10.0 - Bet partially matched (£1 matched, £9 unmatched) - Does this contribute to the bet count ?

Back £15 at odds of 10.0 - Bet partially matched (£1 matched, £14 unmatched) - As there is £14 unmatched > "£10 backers stake" - Does this contribute to the bet count ?

Thanks