Yesterday evening I received an email from Betfair. What follows is the relevant part:

"We wish to advise that your account was identified as betting in just under the minimum required number of markets to be subject to turnover charge in the past several weeks. As such we recommend that you vary your betting strategy to a laying strategy to avoid this charge.

This type of betting activity is unsustainable and if you do not change your strategy we may have to restrict your betting on the affected Australian markets".

I haven't answered it yet. What do you guys think I should respond with?

I was thinking along the lines of that they "allow" up to 50 markets and therefore I'm doing nothing wrong. I think it stinks that they actually promote trading online and in their courses but then send out an email like this. It's just wrong.

If I cannot trade anymore then I have no hope of making a bit of spare money for myself and my family. The only option I would have is to trade on the only two states (SA & Tas) that (currently) still allow it but then there just aren't enough meetings (and volume) to make any real money.

To say I am disappointed with this is a major understatement.

Any ideas anyone?

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Never give up on a dream just because of the time it will take to accomplish it. The time will pass anyway.”

― Earl Nightingale