As soon as I can login to betfair I will be more than Happy to post the fraud punts and tbh I would like to see them agaim myself as my dumb head did not print them out right away because I was in *shock*...still no excuse.. You know when I first called betfair I really honestly thought it was just a simple accounting error...boy was I wrong
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Assuming his story is true, I can only speculate that he was either fvcked over by a 'friend' who was privvy to his information or he's the victim of some sort of scam via hackers or trojans that was designed to siphon the account without a whole loada thought going into it. I'm speculating, I've no idea but he's saying a crime has been committed, my advice would be this: Contact www.racingpost.co.uk and speak to a journalist, if what he claims is 100% true a journalist might be interested and that would be the newspaper to go to and if a journalist got involved it would get resolved a whole lot quicker than an arbitration service could. Secondly, I'd contact the police at Scotland Yard. He's the victim of a serious fraud, if he has nothing to hide and he's legit, get the cops involved.Comment -
*Dear SIR,We have looked closely at your account and can find nothing to indicate that it has been breached unlawfully. The account was accessed via the usual route, the same computer and via the same IP address. There were no password fails at the time.All deposits made after the 29/10/08 were processed successfully, indicating that the person making the deposit knew the CVV number on the back of your card.In conclusion, we have no way to prove that your account has been accessed and used by anyone other than yourself and as such, are unable to offer any reimbursement or compensation for your losses. **UPDATE since my last email to BETFAIR yomy bank has flagged my credit card for fraud and I am surprised that betfair security did not do that as well*
That was the e-mail response from Betfair. My question would be, if you had $160,000 in the account that you yourself said you had built up 'over years,' why would someone be scamming your card to fund the account?
The reason I find all this hard to beleive is because if what you're saying is right, the perpertrator knew: 1) Your login, 2) Your password, 3) Your credit card number, 4) The security code on the back of that card, 5) Knew your i.p address, 6) had access to your computer.
Without wishing in any way to doubt your credibility I can see why Betfair are taking the stand they are.Comment -
I have lost 20 grand in 1 hour (casino)...I can imagine it would be easier to do via intrading...especially if you took a huge hit on a favorite.Comment -
ENGLISHMIKE I had 161,000 in my account but that was ripped through in less than 30 minutes and than my card was charged for $15,000 and after ALL THAT I Myself changed my password and the credit card company red flagged my credit card. as I said before I do not know how the hacker got my ip address and password BUT AS I SAID BEFORE I AM NOT BRAIN DEAD IF I WAS GOING TO SCAM BETFAIR I WOULD NOT DO IT FROM MY OWN COMPUTER AND IP ADDRESS THAT WOULD BE CRAZY!!! I would be setting myself up for some type of jail time for sure or a big $$$ Fine and NO MONEY worth loss of freedom and a criminal record for rest of my life. I am just a honest punter who got kicked in the teeth BIG TIME! and BETFAIR ALLOWED AGAIN I SAY TO HAVE $161,000 PUNTED IN LESS THAN 30 MINUTES and they knew that that was not my betting history in past.Comment -
BETFAIR SECURITY IMHO SHOULD HAVE PUT A BLOCK ON THE ACCOUNT! sorry for yelling but I am very hurt and upset by all this...PLEASE people post your thoughts and I will respond to them tommorrow morning as it is 12.31am for me on west coast and will update you on any emails if I get any from betfairComment -
point taken Englaishmike I will pursue www.racingpost.co.uk and is there any investagative type journalist that I can request on such a matter and as for the police I live in canada and they did take a statement from me and thats about it ? it does not help me this is overseas I reckon..I do hope betfair will work this out with me as I am a preminum com% paying customer. cheersComment -
u know what , the DRF might want this story. it will embarrass the shit out of betfair. try them.Comment -
some people (including me) have very volatlile betting histories. blocking accounts at random because stake sizes differ would be a major pain to regular customers. also, betfair is a gaming company, not a bank. the only way you're funds is protected is by one password. you shouldn't keep a large part of your money in one website, things like this happen quite often. i hope it all works out for you, but you should also understand if betfair investigates and finds ip is the same, computer is the same, there were no password faults, what can they do?Comment -
This is a really disturbing thread.Comment -
halifax, where are you?
Anyhow since he is not around, let me make a sentiment driven comment: Why would you leave such a large balance in BetFair, if you would never be willing to lose it in 30 minutes?Comment -
ACW I left a large balance in my betfair account because my best friend on betfair has about the same balance for about eight years with no problem and we both have punting rules the max I lose in one day is 5% of my bank and win is 2% but with goal was to win 0.5% each day punting on betffair in the last 90 days I only had 2 losing days becaause my large bank made it much easier for me to attain my money goals fo each day with less risk than a smaller bank...dam I feel so stupid for keepin that balance now but I DO REMEMBER LAST YEAR they did put a block on my account for a $5000.00 bet I did do on NFL because they thought it was odd and I called them to verify it was me.Comment -
i was wondering the same, why is this guy leave 160k in his account? if your laying longshots you need a lot of capital, but not that much.Comment -
i saw a similar incident this past weekend on the australian races. someone was making huge win and place wagers on these horses that had no chance in my opinon. he was knocking 30-1 shots down to even money (pools are small in america) this went on for three races, he lost them all. lost about 80k usd. it looked like he was just throwin money away, like it was not his.Comment -
NOYB I understand thtat betfair sees the same ip but as I said before they have to look at my punting history and it does not even come close to matching up to punt $161,000 in less than30 minutes and bloody hell again whey would I cause such a fuss if I did this from my own computer as I know they have my ip address on record..***also I do remember about a year ago betfair did block my account because of a bigger than usual bet I made.. and had to call the BF helpdesk to get it open againComment -
wtf I lay horse which I seem value to lay but not longshots as I have got stung in the past by laying them so now I stick to laying in the 3 horse horses in the race and trade on unders and overs in soccer and I have to admit with a large bank you do by human nature get not as sharp at punting because its easier to get 0.5% each day punting but not to the tume of losing $161,000 in a few horse races in less than 30 minutes...DAM GENTS I AM VERY VERY SCARED AS THIS IS MY FULL TIME JOB (even my body clock is used to uk time)Comment -
if this is true, it is by far the most shocking event to take place to one person. would be interested if someone knows of a more horrible online sting.Comment -
either way, betfair is under no obligation to suspend your account when your stake size changes. they might have done this in the past for you apparently, but it says nowhere in their terms and conditions they should, so you cannot hold them liable if they don't.
betfair has to think not only about you, but if they refund in your case without them having any evidence of any wrongdoing other then your word and your argument that you wouldn't be that stupid, other people could try the exact same strategy to start free-rolling on bets.
imo, the last thing anyone should do in a case like this is publish it on a public forum (or send it to the Racing Post for that matter).
to be honest i think the chance you will be refunded is very small anyway i'm afraid, but betfair imo will be much likely to work with you if there isn't any publicity and any agreement they make with you (if any) is no precedent for others.
you should have definitely asked sbr to help you, but i don't think i understand what you're hoping to gain by posting it here.Comment -
also gents I will contact drf and racing post and as you know I have contacted betfair several times and filed a complaint with IBAS **BUT if there is any other sites you think I should contact about my story please post them many thanks for your time regarding this matterComment -
NOYB I have sent emails to betfair but now they has temp suspended my account and have not emailed me back yet in a reasonable time manner as they first did...so I will giove them time but from they last few responses to me it seemed they thought I was trying to scam them and that is not fair...Betfair has to look at both sides of the story before they make you feel like a criminal when I am notComment -
aston, dont listen to noyb. your doing the right thing, you have no choice. you gave them a chance. now you expose them.Comment -
I don't get something. Why is Betfair responsible for your loss? Assume you were hacked and robbed. How is this Betfair's fault?Comment -
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agreed. but again, why you want this to have very big publicity is beyond me. if you have given up on your money anyway, and want to show others betfair is a bad company, i understand your point.
but, betfair is apparently investigating since they have suspended your account for now. if they are not working fast enough and not replying to e-mails, call them, but again first try to work it out with them (with possibly the help with sbr) before telling your story to everyone that wants to hear, since you've got no proof and are dependent on their goodwill, it won't help you at all i assure you.Comment -
As a computer expert, I am telling that you must stop using your computer, turn it off. If the authorities do not give you much help then you need to hire a forensic computer expert to analyze your computer. Another thing I can tell you is that contrary to what you think this type of hack is extremely rare and requires not only very sophisticated hacker but also considerable amount of time effort from him. In contrary, gamblers go on tilt and lose fortunes all the time. You do sound like you are on tilt and no evidence of foul play exists so far.Comment -
Data I have had losing streaks wihout question every gambler has but mate not $161,000 on three horse raced in less than 3 minutes when my goal is 0.5% net profit each day than would mean I layed 50-1 shots 3 horse racres straight...which is not my betting pattern or my style at allComment -
Aston,
What did Betfair do wrong? How is your account getting hacked their fault?Comment -
Justin they put a block on my account the last time there was a odd large sum bet by myself and I had to ring Betfair helpdesk to remove it and now they let $161,00 go to punts in he amounts of $50,000 for 3 horse races...!!!!!!!!!!!!!!!!Comment -
Telling post.
You hit a rough patch, remembered how BetFair put a block in the last time you mad a large bet, and figured what the hell, I'll put an even higher string of bets in, if just one wins I'll have doubled up and gotten back in the black. And if I lose, I can cry wolf and essentially free-roll them.Comment -
noyb It does not say in there terms they should block my account but they did block it.. the last time I myself made a large bet and thought they should have flagged the account right awayComment -
JETSFAN my goal is 05% profit each each day and would never punt those type of numbers after it took my *5 years of hard work* to make myself a succesful punter at betfair also my last large bet was for $15,000 on a NFL football game last yearComment -
Can it be a case of trading software gone wild?
(Don't know if it's possible, don't use such software myself.)Comment
