Large Money Mia From Betfair Account

**SBR Lou** · 11-05-08, 10:33 PM

Hi Aston,

You will want to fill out this sportsbook complaint form, and see if someone here can help assist you in any way. It's my understanding books like Bet fair though are less willing to be subject to arbitration from SBR as they are governed by their own regulatory companies and only seem willing to open doors to those places.

Nonetheless, I wish you luck recovering your funds should these details prove true.

**THEGREAT30** · 11-05-08, 10:35 PM

They probably did it themselves an ip address doesnt mean anything, you can change that 100 times a day, and hackers can get into your account, if a hacker can hack into government and big business accounts, they undoubtably can get into yours. Online gaming is not the smartest thing to do unless you are playing with fake money.

**bigboydan** · 11-05-08, 10:35 PM

First off, Welcome to the SBR forum

Unfortunately this is not the first time things of this nature have happen. Please feel free to fill out a complaint form with all your details and we will investigate this matter a bit more in depth.

**MonkeyF0cker** · 11-05-08, 10:37 PM

Sounds fishy to me.

**MonkeyF0cker** · 11-05-08, 10:42 PM

You should probably check your PC for a trojan and/or virus if the story is true.

**HeeeHAWWWW** · 11-05-08, 10:52 PM

Yup. They had username, password, and credit card CVV. Only way that happens is with a keylogger virus.

**THEGREAT30** · 11-05-08, 11:04 PM

Originally posted by aston

Dear Sir
this is very unfair any hacker can mask there ip TO MY IP address and you have to look at the history of punting after that date ...I am a LAYER of horses not a BACKER..if you look the punting patterns are not mine Also as soon as I found out my account was hacked I did change the password as for deposits I will be contact my credit card company and from what I can tell over other betfair complaints of this nature the credit card company oonly need me to sign a waiver to get my money back....I would rather contine my relationship with betfair which I have built up over the last *FIVE YEARS* and NOT take that route as for ip address if I was going to scam as you seem to think I have why would I use the same computer?? its because I did not do anything wrong and I am a honest person and punt in the same manner. I am willing to take the loss with the credit card but not the fraud punting with betfair and that does include some winning punts ..I think this would be FAIR compromise for both parties involved meeting each other half way in this dispute (I do not know how hacker got my security code and numbers of my credit card) I am a Preminum paying punter with betfair and do not understand why we can not reach a fair settlement for me as I do turn over large amount of money and commission for betfair every week.. **I pay $1000.00 a day on average on commission on betfair everday because of the preminum charge and my turnover rate on punts*** why would bet fair want to ruin this business realtionship with me?? I am in the* top 0.5% of all punters* on betfair and would not lose that amount in 1 day!! you must say that the punting got real odd after the oct 29th and was not me look forward to a resoulution we can work out I am in shock that betfair would assume I would lose that amount of money in one single day?? which is a large amount of $161,000 CANADA DOLLARS AND I DO NOT PUNT THAT LARGE AMOUNT IN SINGLE DAY and I have no problem going to IBAS if we can not work this out..(I hope we can because it in the short and long run has been profitable account to betfair) kind regards

below is response from betfair

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***

DEAR SPORTBOOK REVIEW BETFAIR IS SAYING THAT I AM SCAMMING BUT I AM NOT AS I WOULD NOT PUNT $161,0000 IN ONE DAY THIS TOOK ME YEARS TO BUILD UP! *also I would no commit fraud from my own ip address and computer as I know that all computer sites have acces to that information. I would not want to go to court or jail for fraud...but this is wrong what betfair has done

A bunch of know-it-all's but I doubt if they can help you any.

**MonkeyF0cker** · 11-05-08, 11:12 PM

Originally posted by THEGREAT30

A bunch of know-it-all's but I doubt if they can help you any.

Hey, moron. SBR helps with these sorts of things constantly.

**aston** · 11-05-08, 11:44 PM

thanks guys I have contacted and filled out the compaint form with SBR and also have contacted IBAS ( I have checked my computer for virus and tbh came up with nothing?) someone under my betfair account punted away all my bank for $161,000 in 30 minutes?? why did betfair not block the account as this IS NOT my betting pattern)

**purecarnagge** · 11-05-08, 11:50 PM

10 to 1 rookie went all in and lost?

**rm18** · 11-05-08, 11:53 PM

he had 161k, how much of a rookie can he be

**aston** · 11-05-08, 11:54 PM

also Betfair has blocked me from my account I cannot even log in and when I phoned them today they they said it was a temp block for a few days?? will keep you posted

**THEGREAT30** · 11-05-08, 11:54 PM

Originally posted by MonkeyF0cker

Hey, moron. SBR helps with these sorts of things constantly.

Okay Mr. smartass check for viruses, what an enlightening thing to mention.

**aston** · 11-05-08, 11:56 PM

I am no rookie I have been punting full time for five years on betfair ..its my only source of income...this makes me sick to my stomach I cant sleep eat etc..

**MonkeyF0cker** · 11-06-08, 12:04 AM

Originally posted by THEGREAT30

Okay Mr. smartass check for viruses, what an enlightening thing to mention.

Believe it or not, not everyone knows to scan for virii just as you didn't know that this is standard procedure at SBR. They simply think they've been hacked. Keep trying.

**wtf** · 11-06-08, 12:05 AM

i am really confused, how does someone else profit on betting from your account?

**rm18** · 11-06-08, 12:07 AM

Originally posted by wtf

i am really confused, how does someone else profit on betting from your account?

Betfair profits 161k from it. PLus people hack for free sometimes. This is only if they are the marketmaker though I have no idea if that is the case or not, otherwise it is only commission

**wtf** · 11-06-08, 12:08 AM

HOLY S H I T, that was the only one who could profit, i am shocked if true. but anything is possible

**MonkeyF0cker** · 11-06-08, 12:12 AM

Betfair doesn't profit much. It's an exchange. The person could have been backing his bets on the other side. Or the person could have simply done it for shits and grins.

**rm18** · 11-06-08, 12:13 AM

betfair could of backed the bets as well though

**rm18** · 11-06-08, 12:16 AM

Was it a fair line the event was bet on?

**MonkeyF0cker** · 11-06-08, 12:17 AM

You realize how much money Betfair makes, right?

**Data** · 11-06-08, 12:24 AM

aston, so far, your story sounds like a total BS. There is a chance, albeit a small one, that you are not at fault here. To prove this, you must contact the authorities and have your computer forensically analyzed.

**THEGREAT30** · 11-06-08, 12:59 AM

I hope you get help my friend Aston, but it seems that youre only getting blamed without adequate evidence.

**InTheHole** · 11-06-08, 01:17 AM

**aston** · 11-06-08, 01:27 AM

I have as I said before contacted IBAS and filed a complaint with them..IBAS says it can take 6 weeks for a ruling?? and when I checked the bookies to punters winning ratio its 80%bookies and 20% punters winning their cases...things are not looking good for me but I do hope I get the justice I seek and that 5 YEARS OF HARD WORK is not down the drain (I feel stupid now for keeping such a big balance in my betfair account as I have heard this did happen to someone else for 30,000 euros) but my goal was is to make 0.5% net each day each day on betfair and with a large balance for the last year it has been easy to achieve that target

**aston** · 11-06-08, 01:31 AM

as for the punts made it was done on 3 horses RM 18 as backs which I do not do as I am a layer of them and also I trade on over and under 2.5 goals market in soccer and NFL only if the games are in running..so I can trade out if the punt goes againest me ..please remember gents this was done under 30 minutes and betfair did not block or alert me!

**InTheHole** · 11-06-08, 01:35 AM

How much was withdrawn from the card?

**englishmike** · 11-06-08, 01:54 AM

For what it's worth, I have no idea whether the original poster is telling the truth or not but I'm willing to take him at his word and hope he gets this resolved in a satisfactory manner although I doubt he will. That said, to all those people who think Betfair would scam this guy for the very small percentage they'd make on commission....get a clue and stop embarassing yourself.

For a start, $160,000 is £100,000, still a tidy sum but not exactly as it's portrayed. Secondly, Betfair operate in one of the most highly regulated betting markets in the world, just last week a jockey and trainer( Blockley & McKewon) had their livelihood taken away from them because of information supplied by Betfair regarding suspicious betting patterns by horses who were subsequently found to have been ridden to lose. So please, speculate all you like but don't associate companies like Betfair with the crappy, ripoff offshores you've been forced to use in the land of the free.

**wtf** · 11-06-08, 01:56 AM

mike, i am a betfair user. so i do understand the economics. but who would gain from doing this? and why doesnt aston post the actual wagers placed the cleaned the account?

**aston** · 11-06-08, 02:04 AM

Hello

WTf and inthehole as for credit card charges it was $15,000 and wtf I would the post the fraud punts but right now betfair has banned me from login to my acccount as they do a investigation they told me when I phone them today..the only thing I can think is can a hacker have my ip address and try to win crazy large amounts of cash than drain it out to another bank account?? in a odd country with less than strict bank laws?

**englishmike** · 11-06-08, 02:04 AM

Good questions WTF, I've no idea why he wouldn't post the wagers, he did say he's been locked out. All I'm saying is, Betfair makes money on every £ or $ that comes across their front door and we're talking millions upon millions every week. To suggest they'd clean a guys account out to steal the comission is pure fantasy. Does anyone seriously beleive the worlds leading betting exchange would risk their reputation and right to trade(effectively closing them overnight) by skimming peoples accounts? As I pointed out before, the crap that US citizens have had to endure at the hands of scam books because of your governments warped and contradictory policies, isn't the experience of most of the rest of the world, so whilst it's easy to associate legit and upstanding books with the dross you're forced to use everyday it's a mistake.

**aston** · 11-06-08, 02:09 AM

also Englishmike betfair SHOULD HAVE LOCKED THE ACCOUNT $161,000 in LESS THAN 30 MINS BLIMEY ME! I have serious questions about their security

**wtf** · 11-06-08, 02:10 AM

mike, i agree with you, no way betfair would risk this chump change (not to aston or me , but to betfair this is nothing).

and it is impossible to place wagers and then syphon them off. why not just take the 160k?

unless he was on the other side of the bets laying them way below market , then match them with astons account. that is the only way i can see anyone doing this. seems like a lot of work though.