Bet Angel keeps count of the number of transactions you do per hour and displays this for you on the bottom of your page (see Image)
A transaction is each bet submitted to a market regardless of it being matched or unmatched, if a bet is moved/re-priced that counts as another transaction. Cancelled bets either manually or when using fill/kill do not count as further transactions.
Betfair limits all users to 5000 transactions per hour after which they can impose a few pence charges for each one above 5000 for the remainder of that hour. Charges will then be offset against any commission generated
Bet amounts that would pay out less than £10 and are below the £1 minimum stake are counted and shown as two transactions on the Tx counter.
Transactions are counted each clock hour so are reset at 11am, noon, 1pm, 2pm and so on.(This equates to approx 16 bets per minute or 1 bet every 4 seconds throughout the whole hour before being eligible to receive any charges.)
For Betfair's full T&C's on the transaction charge please see the following link
https://www.betfair.com/aboutUs/Betfair ... anCharges2
NOTE: If you have more than one instance of Bet Angel running the total shown at the bottom of each is ONLY for transactions done on that instance.
Number of Bets per Hour Allowed - Transaction Counter
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