Betfair, why did you take my money? (Video)

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  • Justin7
    SBR Hall of Famer
    • 07-31-06
    • 8577

    #71
    The players did. Since some of the discussions between Betfair and the players are ongoing, I don't want to disclose any more.
    Comment
    • betpartners
      SBR High Roller
      • 02-15-09
      • 239

      #72
      bet you knew i would comment on this one Justin

      It is no surprise that more info re the players is not forthcoming and Betfair have to act within the law and the law and the Memorandum of understanding that Betfair signs with each sporting body.

      There was no way in hell Betfair were ever going to take anybodies money without just reason, now i dont know the full story here but the only time Betfair does anything like this is when a criminal act is suspected.

      If it was something silly like bonus abuse the players would have been informed.

      Now Justin to warn people to be careful with Betfair when 3 people out of 2 million plus have their money confiscated, people you dont know personally, people whos agenda you ahve no idea of, people who in all fairness could be lying to you is a little bit of a knee jerk reaction.

      SBR have it in for Betfair, always have, the reason is they wont talk to you and no European or British book will until you get away from your bias against them.

      SBR is primarily a US facing site and until you get influence within Europe you will continually misinterpretate the situation.

      Betfair is by far the safest and best book anywhere on planet earth that is strethcing ahead of all its nearest competitors worldwide, what is they say Millions cant be wrong.

      Step up to the plater SBR, get in tune with Europe, stop the bias and anti European stance and stop screaming fire everytime you deal with a European book,
      Comment
      • durito
        SBR Posting Legend
        • 07-03-06
        • 13173

        #73
        Originally posted by betpartners
        SBR have it in for Betfair, always have, the reason is they wont talk to you and no European or British book will until you get away from your bias against them.

        SBR is primarily a US facing site and until you get influence within Europe you will continually misinterpretate the situation.

        Betfair is by far the safest and best book anywhere on planet earth that is strethcing ahead of all its nearest competitors worldwide, what is they say Millions cant be wrong.

        Step up to the plater SBR, get in tune with Europe, stop the bias and anti European stance and stop screaming fire everytime you deal with a European book,
        So, why is betfair rated A+ at SBR? They've never advertised at SBR.

        Yes, SBR is primarily a US facing site, but they work worldwide and I'd go to them with an issue before anyone else on perhaps 95% of books around the world.

        Betfair is betfair, I was obviously inclined to side with them before facts came out on this issue, but they do have to put out the facts.

        SBR has no euro-bias. It's more the reverse. I agree euro books aren't really their expert area, but betfair is rated A+ at SBR, ok?
        Comment
        • betpartners
          SBR High Roller
          • 02-15-09
          • 239

          #74
          Originally posted by durito
          So, why is betfair rated A+ at SBR? They've never advertised at SBR.

          Yes, SBR is primarily a US facing site, but they work worldwide and I'd go to them with an issue before anyone else on perhaps 95% of books around the world.

          Betfair is betfair, I was obviously inclined to side with them before facts came out on this issue, but they do have to put out the facts.

          SBR has no euro-bias. It's more the reverse. I agree euro books aren't really their expert area, but betfair is rated A+ at SBR, ok?
          fully aware of that fact

          but of all the A+ books on here none get attacked like betfair and secondly they are only rated A+ because not to have them rated would undermine the whole rating system.

          If they could be rated lower then be assured they would be

          Ask Justin if he would ahve them A+ bet he wouldnt
          Comment
          • durito
            SBR Posting Legend
            • 07-03-06
            • 13173

            #75
            I don't buy it.

            SBR is as human as any place is. But, those ratings are pretty accurate. The legal climate between euro and usa makes this a very difficult exercise, but sbr still does quite the job. Find my another internet rating site that will rate books anywhere near the top level that don't advertise there.

            I'd wager most of my bankroll that if Betfair would give Justin the details, he'd rule for betfair, but for whatever legal reasons, they won't. It's just a different wagering environment. But, SBR isn't manipulating anything. I understand it's a different legal situation, but I don't see where SBR is manipulating anything. They recommend BetFair. There are sites that don't.
            Comment
            • TurkzZ
              SBR MVP
              • 01-07-09
              • 4095

              #76
              being an exchange its not favord by the Industry.
              Forward points to Karayilan, i am unable to receive SBR points
              Comment
              • Leverage
                SBR Sharp
                • 07-30-09
                • 253

                #77
                wow
                Comment
                • SPECULATOR 13
                  SBR Wise Guy
                  • 08-12-07
                  • 768

                  #78
                  Originally posted by betpartners
                  Now Justin to warn people to be careful with Betfair

                  SBR have it in for Betfair,


                  Betfair is by far the safest and best book anywhere
                  JESUS MOTHER F.CKING CHRIS,

                  WHAT A GOD-DAMMED SHILL!!!!

                  GREAT JOB JUSTIN,KEEP IT UP,KEEP A CLOSE WATCH ON BETFAIR,LIKE YOU AND SBR DOES OVER ALL THE INDUSTRY
                  Comment
                  • ABEHONEST
                    SBR Hall of Famer
                    • 06-27-09
                    • 9470

                    #79
                    I have zero knowledge of Betfair,but ,my opinion would be ...if they have been honest and reliable for [how many] years ,I have to trust their judgement on this 3 man issue,at least until they respond .

                    Look's like a handful of pre-judging going on ?
                    Comment
                    • Scorpion
                      SBR Hall of Famer
                      • 09-04-05
                      • 7797

                      #80
                      wow, did BetFair return the players funds?
                      Comment
                      • purecarnagge
                        SBR MVP
                        • 10-05-07
                        • 4843

                        #81
                        no downgrade...wow
                        Comment
                        • Hareeba!
                          BARRELED IN @ SBR!
                          • 07-01-06
                          • 37416

                          #82
                          yes, I'd be very interested to learn of the outcome of this

                          has it been resolved yet?
                          Comment
                          • davidchong
                            SBR MVP
                            • 02-10-06
                            • 1806

                            #83
                            update?
                            Comment
                            • necro
                              SBR MVP
                              • 06-07-09
                              • 1633

                              #84
                              I hope they fix this
                              Comment
                              • jackkkk2009
                                SBR MVP
                                • 07-13-09
                                • 1183

                                #85
                                SBR should Downgrade Betfair ASAP. otherwise, more [layers will be victimized
                                Comment
                                • Hareeba!
                                  BARRELED IN @ SBR!
                                  • 07-01-06
                                  • 37416

                                  #86
                                  Originally posted by jackkkk2009
                                  SBR should Downgrade Betfair ASAP. otherwise, more [layers will be victimized
                                  so are you saying that because you know the outcome of this story?
                                  Comment
                                  • Ace_of_Spades
                                    SBR Posting Legend
                                    • 10-14-09
                                    • 13518

                                    #87
                                    Betfair is by far ahead of any bookmaker and or exchange. Yes, they should have given reasons for the closing of account(s), but they may have a good enough explanation that they do not need to send such information. In my opinion, i do not think this should warrant a downgrade at all. I've had disputes with Betfair before and they handled it before with ease and a phone call too. This must have been a more serious situation than that of mine, but i'm sure they have good enough reasons to do what they have done.
                                    Comment
                                    • BEANTOWNJIM
                                      SBR MVP
                                      • 08-12-05
                                      • 4610

                                      #88
                                      CLOSING ACCOUNTS FINE THEY CAN DO THAT BUT TAKING THE PLAYERS MONEY SHOULD NEVER HAPEN UNDER ANY CIRCUMSTANCE.

                                      ANY SPORTSBOOK THAT HOLDS AND TAKES A PLAYERS MONEY SHOULD GET DOWNGRADED NO QUESTIONS ASKED.THROW THE PLAYERS OUT BUT ALWAYS PAY THEM THERE MONEY
                                      Comment
                                      • eidolon
                                        SBR Hall of Famer
                                        • 01-02-08
                                        • 9531

                                        #89
                                        Maybe all 3 players were the same guy. And THAT is why those accounts were closed...
                                        Comment
                                        • Hareeba!
                                          BARRELED IN @ SBR!
                                          • 07-01-06
                                          • 37416

                                          #90
                                          Originally posted by BEANTOWNJIM
                                          CLOSING ACCOUNTS FINE THEY CAN DO THAT BUT TAKING THE PLAYERS MONEY SHOULD NEVER HAPEN UNDER ANY CIRCUMSTANCE.

                                          ANY SPORTSBOOK THAT HOLDS AND TAKES A PLAYERS MONEY SHOULD GET DOWNGRADED NO QUESTIONS ASKED.THROW THE PLAYERS OUT BUT ALWAYS PAY THEM THERE MONEY
                                          don't dismiss crime ... money-laundering, whatever as the possible reason for this

                                          it's less likely to be Betfair who took the cash but the authorities seizing it
                                          Comment
                                          • kkkkk
                                            SBR Wise Guy
                                            • 03-30-09
                                            • 523

                                            #91
                                            still its very interesting to know whats the final outcome here? as moderator declared players were contacted by betfair, why dont they told about the final outcome, isnt it strange? i think there are 2 possible reasons:
                                            1. players get paid and were said not to speak
                                            2. players are quilty and there were serious evidences, so players decided not to speak.

                                            situation 3 is most impossible here: betfair guilty and players still looking for money, then they would have reported to SBR in that case!

                                            so if Justin7 might say the outcome, but i doubt that.
                                            Comment
                                            • yobinad
                                              SBR Sharp
                                              • 06-26-09
                                              • 332

                                              #92
                                              Originally posted by eidolon
                                              Maybe all 3 players were the same guy. And THAT is why those accounts were closed...
                                              Maybe
                                              Comment
                                              • Hareeba!
                                                BARRELED IN @ SBR!
                                                • 07-01-06
                                                • 37416

                                                #93
                                                I can't understand why we are all just left to wonder and speculate over the outcome to this.

                                                Why won't SBR update us on progress or resolution of the matter?
                                                Comment
                                                • Ruifgalmeida
                                                  SBR MVP
                                                  • 04-23-08
                                                  • 2024

                                                  #94
                                                  I have a half of my funds at betafair I simple love them, but I agree that no bookie should keep the custumers money afther they close the acount, not even the scam bwin does that
                                                  Comment
                                                  • Hareeba!
                                                    BARRELED IN @ SBR!
                                                    • 07-01-06
                                                    • 37416

                                                    #95
                                                    Originally posted by Ruifgalmeida
                                                    I have a half of my funds at betafair I simple love them, but I agree that no bookie should keep the custumers money afther they close the acount, not even the scam bwin does that
                                                    agree, but I can't believe Betfair would keep the funds for themselves beyond any costs they incurred in dealing with the issue

                                                    if they confiscated them it would be pursuant to the laws they operate under and they would have forwarded them on to the relevant regulatory authority
                                                    Comment
                                                    • moonbeam
                                                      SBR MVP
                                                      • 03-02-07
                                                      • 1496

                                                      #96
                                                      Betfairs business model is very cool.

                                                      Their 5% commission rate isn´t enough for them.

                                                      Betfair also make millions of Euros every day in their "in play" markets because their traders don´t have their 5-8 seconds delay every customer have!!!

                                                      What a cool job!
                                                      Comment
                                                      • Kaps
                                                        SBR MVP
                                                        • 09-09-06
                                                        • 3272

                                                        #97
                                                        thx for the info justin ..... you shld avoid betfair .... fukn cunts
                                                        Comment
                                                        • Santo
                                                          SBR MVP
                                                          • 09-08-05
                                                          • 2957

                                                          #98
                                                          SBR may not know the result themselves, as I doubt Betfair involved them in the mediation process.

                                                          The in-play allegation above is totally baseless. I used to play those markets a lot, and was never picked off in a case that wasn't slow TV pictures / user error.
                                                          Comment
                                                          • Ace_of_Spades
                                                            SBR Posting Legend
                                                            • 10-14-09
                                                            • 13518

                                                            #99
                                                            Originally posted by Kaps
                                                            thx for the info justin ..... you shld avoid betfair .... fukn cunts
                                                            You have obviously never used Betfair before. Please come up with something valid to offer to this argument. That is just take a shot at them for no reason.
                                                            Comment
                                                            • moonbeam
                                                              SBR MVP
                                                              • 03-02-07
                                                              • 1496

                                                              #100
                                                              Betfair cheat their customers every day. No matter if "in play" or not.

                                                              I can´t believe you can´t see this Santo
                                                              Comment
                                                              • purecarnagge
                                                                SBR MVP
                                                                • 10-05-07
                                                                • 4843

                                                                #101
                                                                its been how long and nothing has been done to this book?
                                                                Comment
                                                                • Santo
                                                                  SBR MVP
                                                                  • 09-08-05
                                                                  • 2957

                                                                  #102
                                                                  moonbeam: There are some things I don't like, such as the cross-posting of backs/lays which they can skim, but your in-play allegation was simply false.
                                                                  Comment
                                                                  • mirmiroa
                                                                    SBR Hustler
                                                                    • 12-22-09
                                                                    • 54

                                                                    #103
                                                                    i usually keep 10k-30k in betfair never had any prob...about in play yes they smtms do "inside" trading and some extras...also there are some bots that "clean" all the mistakes that players do in placing some bets..
                                                                    however betfair is not only an exchange its a really useful TOOL that changed the betting map/history
                                                                    Comment
                                                                    • Hareeba!
                                                                      BARRELED IN @ SBR!
                                                                      • 07-01-06
                                                                      • 37416

                                                                      #104
                                                                      Originally posted by Santo
                                                                      SBR may not know the result themselves, as I doubt Betfair involved them in the mediation process.
                                                                      well in that case why don't they simply say so?

                                                                      you'd expect that at least one of the players would have advised them of any resolution or what stage the matter is up to

                                                                      particularly so if it went against them

                                                                      if they had any degree of success they may have had to agree not to talk

                                                                      so in the absence of any news I'd be suggesting that it's likely that the latter is the case
                                                                      Comment
                                                                      • kkkkk
                                                                        SBR Wise Guy
                                                                        • 03-30-09
                                                                        • 523

                                                                        #105
                                                                        Originally posted by moonbeam
                                                                        Betfair cheat their customers every day. No matter if "in play" or not.

                                                                        I can´t believe you can´t see this Santo
                                                                        i also dont believe that betfair has inplay traders, cose there are many courtsiders on the games and they are realy fast. Even when i watch a game and i have delay(normal its up to 5 secs) i can cancel my bet fast enough.

                                                                        Btw betfair has new look from today, looking not bad, cant say if they changed anything else. Did they ?
                                                                        Comment
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