Please be aware of this bookie. They have no idea of what they are doing. DO NOT open an account!!
I backed a team on their Betting Exchange (so they call it). Everything was ok. Correct date, time, country, league, home and away-team.
However they cancelled my bets as they have “swithed” the odds. A matched bet on a Betting Exchange was voided!
My question is:
- How can Betandgame cancel a matched bet on a Betting Exchange if they do not set their own odds?
I got this email:
We are sorry to inform you that we had a technical problem resulting in switched odds on market 86051 on Atvidaberg-Orebro. As a result of this error, we were forced to cancel all bets connected to this market.
I wrote back:
Does Betfair, Betsson, BetDaq cancel bets on the Betting Exchange? No. Why? They do not feed their own markets with odds. Betting Exchanges are customer to customer and you have no right to cancel matched bets on a Betting Exchange.
---
I didn’t revieve any answer.
Lets have a look at the rules at Betandgame:
We do not accept bets ourselves on the BettingExchange, but we provide our members with an automated facility for the placing of bets with each other on sporting and other events. In return for this service, we deduct a commission from each member's net winnings on an individual betting or gaming market (the 'Market').
And
Once an offer you have made for a bet is accepted, or you have accepted an offer for a bet on our BettingExchange, the instructions to the Company that you gave to hold your stake as stakeholder for the use of the winner pending the outcome of the bet are irrevocable. You may not request the withdrawal of any sums held by BetandGame as stakeholder pending settlement of outstanding bets and/or pending cancellation of any outstanding offer for bets.
STILL:
They voided it. I will go to IBAS about this. I have screenshot of the bet.
LMAO. A bookie with absolutely NO IDEA of an Betting Exchange. Avoid avoid avoid,
Let me hear: Are there anyone in here, who has been up to the same by this “Betting Exchange”?
I backed a team on their Betting Exchange (so they call it). Everything was ok. Correct date, time, country, league, home and away-team.
However they cancelled my bets as they have “swithed” the odds. A matched bet on a Betting Exchange was voided!
My question is:
- How can Betandgame cancel a matched bet on a Betting Exchange if they do not set their own odds?
I got this email:
We are sorry to inform you that we had a technical problem resulting in switched odds on market 86051 on Atvidaberg-Orebro. As a result of this error, we were forced to cancel all bets connected to this market.
I wrote back:
Does Betfair, Betsson, BetDaq cancel bets on the Betting Exchange? No. Why? They do not feed their own markets with odds. Betting Exchanges are customer to customer and you have no right to cancel matched bets on a Betting Exchange.
---
I didn’t revieve any answer.
Lets have a look at the rules at Betandgame:
We do not accept bets ourselves on the BettingExchange, but we provide our members with an automated facility for the placing of bets with each other on sporting and other events. In return for this service, we deduct a commission from each member's net winnings on an individual betting or gaming market (the 'Market').
And
Once an offer you have made for a bet is accepted, or you have accepted an offer for a bet on our BettingExchange, the instructions to the Company that you gave to hold your stake as stakeholder for the use of the winner pending the outcome of the bet are irrevocable. You may not request the withdrawal of any sums held by BetandGame as stakeholder pending settlement of outstanding bets and/or pending cancellation of any outstanding offer for bets.
STILL:
They voided it. I will go to IBAS about this. I have screenshot of the bet.
LMAO. A bookie with absolutely NO IDEA of an Betting Exchange. Avoid avoid avoid,
Let me hear: Are there anyone in here, who has been up to the same by this “Betting Exchange”?