'Read Only' query

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  • Xaom
    Junior Member
    • Aug 2020
    • 2

    #1

    'Read Only' query

    Hi,

    I have applied for a live API following testing with the delayed API key as far as possible, but have a query that I wouldn't mind cleared up. I have searched, but have come up blank, and support have only been able to direct me to the main documentation front page, but that is what's driving the query, so apologies if this has been addressed elsewhere.

    "Restrictions will be applied to 'read only' Live Application Keys."

    I can't find a definition of what is considered 'read only'.

    I don't want to place a bet in every market that is looked at. Does polling data from a market and then not placing a bet in that market, if the tested strategy criteria are not met, constitute 'read only' use of the live API key? Or is it only if there is persistent and prolonged use of the key over time without placing bets in any markets that restrictions are applied?

    Thanks,
  • jabe
    Senior Member
    • Dec 2014
    • 705

    #2
    Betfair's money comes from commission on winning bets, so they want you to make some bets. However, they don't want people to just be taking all their data without occasionally risking some money. As long as you are making bets, you'll be fine. No need for it to be on every market you look at. So, it's yes to your final question.

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    • Xaom
      Junior Member
      • Aug 2020
      • 2

      #3
      Thought that was likely the case, but that I'd best get clarification. Plan is definitely to be making regular bets, was just wary of a few unappealing markets suddenly ending up with restrictions enforced.

      Thanks jabe!

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      • gabrielmocan
        Junior Member
        • Aug 2023
        • 1

        #4
        Originally posted by jabe View Post
        Betfair's money comes from commission on winning bets, so they want you to make some bets. However, they don't want people to just be taking all their data without occasionally risking some money. As long as you are making bets, you'll be fine. No need for it to be on every market you look at. So, it's yes to your final question.
        "As long as you are making bets, you'll be fine" -- those bets has to be done by the API? Or if I use API data in a "semi-automatic" manner it's fine? Let's say I use API to filter markets, collect prices, and do correlations with other data. Then if race is suitable, I manually open the trade. Is that OK or I really have to use the API to fully automatize those trades? I'm not comfortable yet to go full-automatic, and can't really say the day I will.

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