Forum like a Morgue.

Everyone going skinto except a handful of us.

Stew y b on gave up on horses. On footy forum doing a Celtic Man city league double
11/8 for 9 month of pure excitement

Considering I have a spend budget imposed on me, I'll take it.

Can gayzer borrow ure camera

His hides steaks

6 work

I'm not skinto freddie https://snipboard.io/BfyZW0.jpg

Freddie and gaze you two mocked me for withdrawing £3 last Friday but the important thing is that deposits remain ZERO

And that will be the only thing that matters to me.

wd scotty..similar to my p&l nowadaze.

I nearly fluked myself into a £800 win earlier, when having been matched on Dovena at 1000 for admittedly a pound the nag nearly hit evens seconds later

Cardinal Scott • September 6, 2023 5:41 PM BST
Freddie and gaze you two mocked me for withdrawing £3 last Friday but the important thing is that deposits remain ZERO

And that will be the only thing that matters to me.

Scotty, you've got the game by the balls Your Eminence.

I still remember thew day I turned up on this forum and was confronted with a forumite called

*Nashwan's Pungent Undergarments*

how much half a duzzen t towels scotty?

7.  Can't be àrsed most of the time.

7

The price in winners have deterred somewhat. Appears most results are to obvious these days

BTT, what?

I still remember thew day I turned up on this forum and was confronted with a forumite called

*Nashwan's Pungent Undergarments*
----------------------------------------


a legend banned by Betfair. A sample of his work and someone's interpretations of his musings.


"top 10 nashwan phrases and what they REALLY mean!

what i remember nashwan most fondly for.

in no particular order....


1) (usually at 3am after a evening game) "Just back from the game, the roadworks on the M6 played havoc with my Mercedes, just pouring a baileys and ice then off to bed"

Reality - "Awful night, resisting the urge to post on the betfair forum for 10 hours nearly killed me. Drove the K reg white fiesta round mcdonalds drive thru for some comfort food. Counting down the seconds till 3am. My hands are shaking, where did I put that bottle of diamond white? RESIST URGE TO POST."

2) "had a grand on over 2.5 goals in the Coventry v Preston game, taken a bit on here and the rest at my local independent"

Reality - "had 20 on over 2.5 goals, not enough money matched on betfair to back up my fictitious 1000 bet claim. Thank god for my (fictitious) local independent"

3) "Right lads, stay lucky. Just waiting on a taxi to pick me up for a night of casinos, clubbing, strippers, prostitutes, Cuban cigars etc."

reality - "ok Ive just rang the dominoes pizza, should be here in 10 mins. Got a 2 litre bottle of fanta and a packet of Time to draw the curtains and get ready for the 4 hour W A N K fest. RESIST URGE TO POST"

4) (horse forum, always AFTER the race) "How the hell did horse xxxxx trade at odds on in the 5.10?? Who the hell backed it? Never looked like winning"

reality - "** sake, blown a tenner on horse xxxxx in the 5.10 in running at 1.3"

5) "my record on this forum speaks for itself; everyone knows I tipped 10 over 2.5 goals correctly on the bounce last year

reality - "getting some stick again for aftertiming, remind the forum of past results (i.e. two 1.3 winners on the bounce back in 2005) thank god fred77/gubbed does not go that far back

6) "I just spoke to the president of Cyprus on the phone to congratulate him on winning the election"

reality - "just spoke to that bloke from Leicester who used to post as dimitrios, congratulated him on passing his driving theory test"

7) "Where is the best place to buy Rolex watches? Im thinking of buying my girl and her dad a small present"

reality - "does anyone know where I left the sodding argos catalogue? got my eye on a sporty casio number for the west ham bird, even has a stop watch"

8) "Ive drank in the Louden Tavern millions of times before rangers games

reality saw a nice boozer in brigton on the real football factories, will use that in the forum, may make my claims that i've actually been to glasgow seem a tad believable"

9) "Won about 2k since Friday but that means feck all to me. Its over with the bird , lost something which was of great personal value to me and we have just got stuffed by our bitter rivals. Can things get any worse"

reality - "lost 100 over the weekend on bet, really making me cross. It takes me a whole week of solid cleaning toilets in the hotel to earn that back"

10) "one of the 20 year old hookers that**ged ronaldo in the news of the world, I've had one of them ;-) beofore he had her too)

reality - "saw that blonde peice from toadys NOTW before in one of my brother's penthouse mags. He got mighty**ed off with me when i gave him it back damp and smelly"

I’m finding swifty that the prices on here on the winners seem to be a lot less marked up to industry prices than they use to be. The added edge seems to have evaporated these days

gaazoo had a winning cycling bet on his pee hand hell other day..

now vanished.

yes rico because tour de france was more than 30 days ago ydc

Cardinal Scott

That’s the first I’ve seen of this ‘spend limit’, what is it showing?
That you’ve withdrawn £43 this month, and are allocated £100 a month?
And what is it a deposit limit or a net loss limit?
If you already had a £1000 in the account for eg what would happen if you lost £150 next race?

Dusty, just Google " Betfair spend budget " plenty of info there.
I Didn't realise all 18 - 25 Yr old are put on these budgets, it's Big Brother gone Mad.

Hmm thanks Glasgow but it’s still about as clear as mud.

Your Budget is based on your net deposits for the month, which means that depositing will reduce the amount available and withdrawing will increase it. If you’ve set up a deposit limit as well, your Budget won’t ever go above the amount you set. Your Budget gets reset at the end of that month.

You can only ‘spend’ what’s in your account, you can’t spend what’s not in it…so how can depositing reduce the amount available?
Surely depositing limits the amount of further deposits, but increases available funds to spend?
I’m still unsure what happened in Cardinal’s case if he already had 1000 in the account then lost 150 next race.
Is a budget a net loss limit?

Depressing stuff. It says it resets at the beginning of each month like it’s doing you a favour. If you happened to win a grand and be up running total over the month and it resets to 100 quid first of next month.

If you don’t want to say Cardinal then fair enough but you did post your situation- what was the general state of your account before this was imposed, shot to sh1t I’m guessing?

Agree Glasgow- apparently young people can't think for themselves nowadays, when and who decided that is anybody's guess.

What information would I need to provide?
Budgets are based on the financial data we have available to us. But we know that there are ways you can fund your account which may not appear on our checks – such as: savings, sale of a property, inheritance, insurance pay out, trusts/investment funds. So if you’re funding your account through one of these methods, you’ll need to provide some additional documents.

So bf do (presently?) account for wealth and not just income?

Doesn't make sense, it also says the budget is set at £500 a month ? .... maybe Cardinal asked for it to be reduced. ??

So, Cardinal Scott, whose 'Date Joined:' is 18 Jul 08, falls in the category of an 18-24 year old?

I smell a 🐀

Spend budget is what gets put on your account after the “intervention”.

If you already have money in your account, then that’s fine, it’s not included. £100 seems to be the spend budget for people who can’t, or won’t provide documents to show an income. You can get it increased, though you will struggle to get it much above £500, even if you show large amounts of money in savings.

If starting from zero, and you have a £500 monthly “spend budget”. You can deposit £500 today. If you lose that £500, you have to wait until 1st of October until you can deposit another £500.

If you win £1k, and withdraw it. So say you deposit £500, you win £1k, and you decide to withdraw it, leaving your balance back at £500. It gets added back to your monthly spend budget. So your spend budget is now the £1k you withdrew, for the rest of the month. So if you lose your remaining £500, you can still redeposit the £1k that you withdraw in winnings, but only for that month. It still resets at start of next month.

So if you deposit £500. Win £4k on the month. And on the last day of the month, you withdraw all your balance. You can still only deposit £500 on the first day of the next month.


That probably makes it sound a lot more complicated than it actually is. Basically, it resets every month. You can withdraw and redeposit winnings, but only in the same month!

Thanks for the info, BoosterRooster.

Ok ta

So in cardinal’s case he only has a net loss limit for the month of a total of £143, if he loses that he has to wait until next month when he can deposit another £100?

Straightened times, there must have been something significant for such drastic limitation.
You could in theory still build a bank and not withdraw and at some point be in a position where the ‘budgeting’ has no affect on you, but that would mean absolute discipline and no little amount of skill.

That is if I read it correctly; that even though the month change limits deposit again to 100, your net limit would be the grand total of your net wins.

* I say drastic because I know for a fact the £1k loss over 24hrs isn’t a criteria (yet?) on here if you are in profit.

People have scoffed at me saying this as though it’s me being a tw4t, but while everyone has the chance they need to build a bank and hold money aside in the account on future bets which you can’t accidentally lose IR laying something by mistake for eg.
That way you have a buffer to take a breath and concentrate without them coming for you.

I’ve a;so said that facility is the least bf should be offering now for customers akin to the old Aus wallet where you could hold money in separate to your betting bank.

Sep 7, 2023 -- 9:00AM, top2rated wrote:

So, Cardinal Scott, whose 'Date Joined:' is 18 Jul 08, falls in the category of an 18-24 year old?I smell a

Double Spaced

No I am not 18-24 I'm 40+

BoosterRooster has explained it accurately

Just press show more under my spend budget for info.

Yes, that right. I’m not sure what cardinal scotts remaining balance is.

But he started the month off with £100 deposit limit, which he seemingly hasn’t used. Has withdrawn £43, so that gets added on to his spend budget which now shows at £143. So if he lost his remaining balance, he then only has £143 left that he can deposit this month. Then on the 1st of October, he is allowed to deposit another £100 and it starts again.

The net limit only applies to that month. If you win, and don’t withdraw then you still have that balance to play with. But the winnings dont carry over, they are only in play for that month if you decide to withdraw them. If he wins £5k this month, withdraws all his balance on September 30th, then he will still only be allowed to deposit £100 on October 1st. If he then loses that, he has to wait until November 1st to deposit another £100, despite winning £5k in September.  If he doesn’t withdraw, he can still lose the £5k next month before his £100 spend budget applies.

As you say, it is possible to build up a bank, and if you are winning, and winning regularly then it shouldn’t ever really be a problem. So long as you keep a high balance, and don’t withdraw until you can do so without really effecting your bank.

Though in the grander scheme of things, with liquidity visible dropping on here by the day, it’s a massive issue. Especially as you say the limits are for £1000 in a day. So setting the limit for most people at £100 per month, and even at £500 per month seems drastically low, and it is going to do little to help liquidity. Will basically just end up as winner vs winner.

Having thought about it it still doesn’t make sense.

They differentiate between ‘spend budget’ and ‘deposit limit’ as two distinct things with the lesser of the two taken.
All of what has been explained above could be accountable by just a deposit limit per month.

So what is the spend budget for if not to say you can’t lose more than that figure irrespective of what’s in the account?

Current Balance £201.14

I’m not sure what the difference is to be honest. Perhaps deposit limit limits the amounts of times you can deposit, regardless of what you have withdrawn. And spend budget means that your withdrawals get added back in, for that month only.

If you keep a high balance and rarely withdraw, then you’re never going to get hit by it.

Spend budgets tend to Hager put on people who let their accounts run to zero and then top up.

Once you do that, and you get hit with £100 monthly spend budget. Then you are never going to be able to lose more than £100 in a month. Unless you are losing from winnings that you haven’t withdrawn.

* dont know why the word Hager appeared in there! Don’t even know what that word means!

Spend Budgets are no reason for anyone to walk away from betfair, they encourage more responsible bank management and less boom/bust type trading/gambling.  I had a bad week on cricket that is why I got my spend budget imposed.

If you are winning regularly, ie in running or trading, then after a few months they shouldn’t really be a problem.

If you bet with a lot of variance, then they are going to be a total pain. The £100 monthly limit for some will be the equivalent of having their account closed.

My concern is that this bf method doesn’t hold with the projected WP/GC proposals in the sense deposit limits could cater for all examples given (you don’t need an extra monthly budget to simply extend the amount you can deposit by adding withdrawal to the net amount)

What I worry about is that ‘spend budget’ either is or soon will mean loss limit.

But what counts as turnover? I lay off more than half of my win bets at lower odds to leave a green page but how is that accounted for? Is my original stake cancelled by the lay or not? So many things that the legislators don't begin to understand.

67 replies and knott wun wun word ansa.

clowns al owa.

themfinnish!

you not ask for one word answer!

we've got your number.

Rico-Dangleflaps 06 Sep 23 17:24 
1,rip
2,skinto
3,paralysed
4,banned
5.loosing

1 number answers please.

Gaze733 07 Sep 23 16:61

im 3.

I've got someone in mind , is it possible to be all 5 ?

6 - half the time can't post reply - tech issues, I iamgine or .... I dunno - and everyone is slowly giving up

big mart was 4/5

A bad day cardinal? What it money won u lost. What is multiple deposits?

On cricket

Who else on spend budgets?

And as usual people refuse to believe that many just don't bother with this daily flat dross. Can't be that of course.

MJK..wonce you're a gambler you're innit for life..

#FACT

Difference between a gambler and horse backer though. Plenty of other things to bet on these days and more enjoyable.

FOMO

Dusty: while everyone has the chance they need to build a bank and hold money aside in the account on future bets which you can’t accidentally lose

My worry about doing that is that it counts as exposure. The Betfair algorithm will look at that and say, "Hang on, he's put nearly all his bank on one bet." If you do have a bad day, it will look at that and say you're chasing, and the Spend Limit klaxon will go off.

I agree that the real answer is something like the old Aus wallet, where you could just leave a large account balance resting and not be vulnerable to a blunder.

Are there any more Forums or Message Boards worth visiting?

Fatpunt, yes, but you will need to have proven your worth on here, be nominated and then pass the vetting process by existing members.

Dogging forum worth a visit.

Fatpunt, put a shout out for stewyb.

Three meetings but no one interested other than some talk about Amazon drivers.

6.paralytic (stewyb)

Did stewyb get spend budgeted

went to swisterland for euthanasia.

he ended up in Thailand, miss stew booked it thought he wanted youth in asia.

holed up with gazza glitta

swiftynifty 11 Sep 23 16:28 
he ended up in Thailand, miss stew booked it thought he wanted youth in asia.

Thailand! A lot of uk men who couldn’t get covered in a red light house turn to the Thai catalogue,one or two bookies have them on course…