Large Money Mia From Betfair Account

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  • aston
    SBR MVP
    • 11-05-08
    • 1185

    #141
    fair enough englishmake but I will submit my thoughts and updates on SBR because punters should know about my case *loud and clear* and if betfair wants to settle in goodwill I am open to that as well and save some face...have a feeling this case really can get into the UK press
    Comment
    • APK
      SBR High Roller
      • 11-23-06
      • 188

      #142
      Originally posted by aston
      fair enough englishmake but I will submit my thoughts and updates on SBR because punters should know about my case *loud and clear* and if betfair wants to settle in goodwill I am open to that as well and save some face...have a feeling this case really can get into the UK press
      Thanks for keeping us updated, this is big.
      I still don't understand why you want to settle, though...
      Comment
      • aston
        SBR MVP
        • 11-05-08
        • 1185

        #143
        Interesting article about bet fair scroll down to TIM_L I wonder what he says is true?

        We're a friendly community of MoneySavers sharing our experiences and tips to help each other out
        Comment
        • simmmy
          SBR Hustler
          • 05-27-08
          • 96

          #144
          What is your exposure limits within Betfair set to ?

          Mine are set at £5K in all 3 wallets, that is why Betfair blocked your account when you placed a £5K wager on the NFL game that you had to phone up to verify it was you that placed the bet... so you must of changed them since then to God knows what level for Betfair not to pick up on the large amounts 50K+ wagered by the "hacker".

          You can't blame BF if "you" have changed the limits.

          Limit exposure to
          Main wallet (singles):£ -5,000.00Main wallet (multiples):£ -5,000.00Australian licence wallet:£ -5,000.00

          BF will block anything over these limits it's there for your protection.

          If you have changed them then i guess you are placing bets alot over what you claim to be to make your .5% profit.
          Comment
          • aston
            SBR MVP
            • 11-05-08
            • 1185

            #145
            APK I would like to get my money back ..I am not here to rip off some company as betfair has put food on my table for the last 5 years and I think they honestly made a mistake with my account by not blocking it as that have before when odd punt was placed truly by myself...to get to my level of punting and become a Preminum comm paying customer cannot be by fluke or luck as you know its by very very hard work
            Comment
            • aston
              SBR MVP
              • 11-05-08
              • 1185

              #146
              simmy my limits were set at $15,000
              Comment
              • aston
                SBR MVP
                • 11-05-08
                • 1185

                #147
                limits on betfair

                and than simmy I did ring betfair to set limits of $25,000 (and yes they did ask the security questions )
                Comment
                • aston
                  SBR MVP
                  • 11-05-08
                  • 1185

                  #148
                  I place over 25 to 50 punts a day on betfair simmy
                  Comment
                  • simmmy
                    SBR Hustler
                    • 05-27-08
                    • 96

                    #149
                    So Betfair are at fault then on that level where they did not protect your set limits ? Is this right?
                    Comment
                    • aston
                      SBR MVP
                      • 11-05-08
                      • 1185

                      #150
                      I would agree simmy because a BLOCK should have been put on my account and the betting patterns were not the history of what I would use to punt in a single day
                      Comment
                      • Data
                        SBR MVP
                        • 11-27-07
                        • 2236

                        #151
                        Originally posted by aston
                        I have had a local computer company check my computer for virus by forensic test mate do you mean give it to he police? because when I file a complaint they did not ask for the computer??
                        The local computer company is incapable of making the analyses you need. However, having your computer on while running the virus scan might have resulted in a loss of evidence. You need to have your computer analyzed by an expert. That expert will take out the hard drive, copy its entire content and then run analysis on the copy he made. If the prospective expert wants to turn on your computer then he is a wrong guy for a job.

                        The analyses may turn a useful evidence and may answer to certain important questions such as whether or not the given computer was being used to access Betfair at the time the bets were placed.

                        Also, this needs to be done for both, your desktop and your laptop.
                        Comment
                        • Ortho
                          SBR High Roller
                          • 06-09-06
                          • 175

                          #152
                          .
                          Comment
                          • aston
                            SBR MVP
                            • 11-05-08
                            • 1185

                            #153
                            The computer company did do what you said and they have my whole hard drive contents but I have not done that for my labtop (my labtop was with me and turned off when this has happend but if its helps my case I will get it done ASAP!)
                            Comment
                            • Halifax
                              SBR Wise Guy
                              • 08-10-05
                              • 553

                              #154
                              Originally posted by aston
                              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. cheers

                              Aston, do you actually 'live' in Canada, or do you just have your account set up in Canada ? If so, how long have you lived there ?
                              Comment
                              • aston
                                SBR MVP
                                • 11-05-08
                                • 1185

                                #155
                                I do live in canada Hailfax
                                Comment
                                • Halifax
                                  SBR Wise Guy
                                  • 08-10-05
                                  • 553

                                  #156
                                  Originally posted by aston
                                  I do live in canada Hailfax
                                  There is a reason why I asked ...

                                  I see you using 'mate' and 'punt', 'punter', 'punting', etc.

                                  No one in Canada calls another person 'mate'. No one in Canada uses 'punt' when they're referring to placing a bet. These are terms that the Brits use, or maybe an Australian, but not Canadians.

                                  That's why I asked, because it seems a bit strange to me that you're Canadian, yet throw around all the words that a Brit would us.
                                  Comment
                                  • aston
                                    SBR MVP
                                    • 11-05-08
                                    • 1185

                                    #157
                                    Halifax the reason I do is because of all the time I have spent on betfair and the friends I have made and they got me talking the Queens English on fourm and all the emails I get from them over the years... but halifax I will tell you from one canadian to another do not keep a large balance with betfair as I would hate this to happen to you or anyone...dam I have to keep my chin up...but I am feeling very very sad this happen to me
                                    Comment
                                    • simmmy
                                      SBR Hustler
                                      • 05-27-08
                                      • 96

                                      #158
                                      Good luck kidda but if you have set your limits at £25000 or $25000 and BF have taken higher than that in risks on your account and you claim 161,000 in 3 bets then they are at fault and you should be entitled to half your losses back at least or there abouts. Or if you have had a session on Stella a long session and thought what the FQ i'll try my luck at long odds as i am invinsible and you got hit , then i for 1 will be p1$$ed of as i have read over 150 posts of this sh!te but good luck...!
                                      Comment
                                      • aston
                                        SBR MVP
                                        • 11-05-08
                                        • 1185

                                        #159
                                        simmy as I said before I have been betting for 5 years and am a preminum paying member for betfair (top 0.5% of all punters betfair says is why I pay very high com% rate) and do not have to lay 30-1 shots to make money because over that time you would not be able to build of a large bank balance as mine because you would get caught 100% for sure over time by a long shot horse coming in
                                        Comment
                                        • Ortho
                                          SBR High Roller
                                          • 06-09-06
                                          • 175

                                          #160
                                          I'm not sure you're getting the point he's making.

                                          If you are saying that someone hacked you, snuck into your account, bet all your money, raided your credit cards, etc., assuming you are telling the truth, you have roughly no chance of getting your money back from betfair. Perhaps you might claim some back from the credit card company etc, but I would be shocked if you get anywhere with betfair. I would be gutted if I were in your position, but that's the situation.

                                          However, if you could successfully argue that betfair allowed you to exceed your daily exposure limits, limits that you set, among other reasons, to prevent someone hacking into your account and betting all your money etc, you have a stronger case and might be able to successfully claim to ibas or something that betfair screwed you over. Your case is certainly stronger than the william hill punter who wanted to be excluded, etc.

                                          The second argument, if true, is much stronger than the first. So how did someone bet $160k if your exposure limit is £25k? I haven't seen you address this directly.
                                          Comment
                                          • HeeeHAWWWW
                                            SBR Hall of Famer
                                            • 06-13-08
                                            • 5487

                                            #161
                                            Originally posted by Ortho
                                            The second argument, if true, is much stronger than the first. So how did someone bet $160k if your exposure limit is £25k? I haven't seen you address this directly.

                                            Was wondering that - whenever I bet over exposure it refuses to take the bet instantly.
                                            Comment
                                            • aston
                                              SBR MVP
                                              • 11-05-08
                                              • 1185

                                              #162
                                              Betting limit

                                              Hello

                                              I do not know how that exposure of bet limit did not get blocked..Betfair has locked my account and I cannot log in
                                              Comment
                                              • aston
                                                SBR MVP
                                                • 11-05-08
                                                • 1185

                                                #163
                                                perhaps limit got changed?
                                                Comment
                                                • aston
                                                  SBR MVP
                                                  • 11-05-08
                                                  • 1185

                                                  #164
                                                  sorry gents in honest disclosure (I checked my betting agenda notes and my limits) my limits were $25,000 and $50,000 but I would never risk losing $50,000 any punt of that nature would be a arb or trading red or green depends of the games works out for me
                                                  Comment
                                                  • sickler
                                                    SBR Posting Legend
                                                    • 06-05-08
                                                    • 15006

                                                    #165
                                                    Perhaps


                                                    It's a rather important issue. Betfair could be liable for any losses exceeding your limits whether or not you were hacked.

                                                    Just out of curiosity, were you a regular horse player?

                                                    Originally posted by aston
                                                    perhaps limit got changed?
                                                    Comment
                                                    • aston
                                                      SBR MVP
                                                      • 11-05-08
                                                      • 1185

                                                      #166
                                                      and I do not remember If ever the last time I punted for the max limit and I have checked my notes to verify and my laptop computer will be dropped of to the computer technicain to analyse
                                                      Comment
                                                      • sickler
                                                        SBR Posting Legend
                                                        • 06-05-08
                                                        • 15006

                                                        #167
                                                        Originally posted by aston
                                                        sorry gents in honest disclosure (I checked my betting agenda notes and my limits) my limits were $25,000 and $50,000 but I would never risk losing $50,000 any punt of that nature would be a arb or trading red or green depends of the games works out for me

                                                        Well, that changes things a bit.

                                                        Good luck
                                                        Comment
                                                        • aston
                                                          SBR MVP
                                                          • 11-05-08
                                                          • 1185

                                                          #168
                                                          Yes I am a regular horse and soccer player
                                                          Comment
                                                          • sickler
                                                            SBR Posting Legend
                                                            • 06-05-08
                                                            • 15006

                                                            #169
                                                            I ask about horses because many experienced gamblers have never placed a bet on a horse race. I'm one of them. Would've looked good for you if you were one of "us", at least in public opinion, though the least of your worries should be what the forum dwellers think.

                                                            There are other questions on my mind about your betting patterns, specifically the period leading up to the 160K in wagers, along with the period leading up to the other instance when you placed a much larger than usual bet which Betfair contacted you about, but the answers would be circumstantial. Tough against the hard facts Betfair claims to have.
                                                            Comment
                                                            • aston
                                                              SBR MVP
                                                              • 11-05-08
                                                              • 1185

                                                              #170
                                                              Hello Sickler you migh know this but at betfair you can lay or per say bet againest a horse wining and that was my biggest money maker by laying 1 of the top 3 horses and I did back some favs as well that I thought were good bets but I was a layer most of the time..I also did bet on soccer ,NFL and the odd NHL playoff game but I tried tennis and NBA and those were the two sports that I could not make money at(also I get the feeling the best punters on betfair do exactly what I do which is a majority of bets are horses) as for the big bet on NFL I won that bet (so my betting history is much DIFFERENT than what I do on a daily basis on betfair) and I wonder if betfair would admit if the ip address was different with a large sum of money???? I have posted the blunders betfair have done in the past in above posts
                                                              Comment
                                                              • chance
                                                                SBR Wise Guy
                                                                • 06-16-08
                                                                • 682

                                                                #171
                                                                Aston did the bets in question bet for horses at 50/1 or layed against?

                                                                If the account backed the horses at 50/1 then multiply 50 times $161000 and you get $80 million needed by someone laying these bets. I don't think an individual could do that!!!!!!!!!!!!!!!

                                                                Someone could have just hacked into your account and just lost the money for fun. But I do not see anyone making money.
                                                                Comment
                                                                • rm18
                                                                  SBR Posting Legend
                                                                  • 09-20-05
                                                                  • 22291

                                                                  #172
                                                                  Originally posted by chance
                                                                  Aston did the bets in question bet for horses at 50/1 or layed against?

                                                                  If the account backed the horses at 50/1 then multiply 50 times $161000 and you get $80 million needed by someone laying these bets. I don't think an individual could do that!!!!!!!!!!!!!!!

                                                                  Someone could have just hacked into your account and just lost the money for fun. But I do not see anyone making money.
                                                                  it would be 8 million
                                                                  Comment
                                                                  • Ortho
                                                                    SBR High Roller
                                                                    • 06-09-06
                                                                    • 175

                                                                    #173
                                                                    The only thing could possibly help, imo, is if the bets were somehow made outside his exposure limits (which I am now not inclined to believe because he can't even say what they are), his chances of even articulating an argument that could, in theory, get his money back could go from "really, really close to zero" to "really close to zero". It doesn't matter who made the bet, whether he was in fact playing for the yankees at the time of the bets and millions saw it live, whether he was burgled, whether he has never bet on horses in his life, etc etc etc. None of that will help him.

                                                                    But if betfair violated their own rules by missing that he was exceeding his exposure limits (chance of that on the facts as he's telling them: super-close to zero), he could argue (probably unsuccessfully but at least it's something more than what he's got) that it's their fault the money was lost and they should compensate him. Since he can't even clearly state what his exposure limits are (and chances are they are such that he could wager the $160k he claims to have wagered), I guess this won't help either.
                                                                    Comment
                                                                    • chance
                                                                      SBR Wise Guy
                                                                      • 06-16-08
                                                                      • 682

                                                                      #174
                                                                      Originally posted by rm18
                                                                      it would be 8 million
                                                                      True!!! How many of us carry a lazy 8 million around to scam people with?
                                                                      Comment
                                                                      • simmmy
                                                                        SBR Hustler
                                                                        • 05-27-08
                                                                        • 96

                                                                        #175
                                                                        Originally posted by aston
                                                                        perhaps limit got changed?
                                                                        If they were changed by someone your limits would take 7 days to be assigned, plus you are changing your claims on your set loss limits.

                                                                        This is taken from my player profile concerning deposit and loss limits


                                                                        If you increase your limit it will come into force 7 days later. Decreases are immediate.
                                                                        Last changed: 07-Jan-2007 11:10
                                                                        Account currency: UK Sterling
                                                                        Limit deposits: no limitper dayper weekper month £

                                                                        Limit losses: no limitper weekper monthper year £

                                                                        Exclude me from site: for six months
                                                                        Enter your password: *



                                                                        Edit player protection settings for Casino
                                                                        Edit player protection settings for Games

                                                                        How do deposit limits work?
                                                                        Every time you make a deposit on the Betfair website, there will be a check to ensure that you are not depositing more than your limit for the previous day, week or month (depending on the time period you have set).
                                                                        If you increase the amount or frequency, it will not take effect for 7 days. Decreases take immediate effect.
                                                                        The deposit limit is not affected by any transfers of money between wallets or by withdrawals.

                                                                        How do loss limits work?
                                                                        Loss limits for betting start from the moment they are set. They run for the time you choose (week, month or year) and then they are automatically re-set and begin again.
                                                                        For example, if you set loss limits of £500 per week around Monday mid-day, your losses will be tracked from that point and you will be prevented from losing more than £500 on the markets covered by our UK license until the following Monday. Then the loss limits will be re-set for the following week.
                                                                        Your loss limits will be applied separately to markets covered by our two gaming licenses. In the case above, you would have separate limits of £500 per week on markets covered by our UK license and a limit of a further £500 on markets covered by our Australian license.
                                                                        Unmatched bets will also be counted towards your loss limit. If you cannot place a bet, please check that your unmatched bets would not cause you to hit your loss limit.
                                                                        If you increase your limit, it will come into force 7 days later. Decreases are immediate.
                                                                        Loss limits only cover losses on the sports betting exchanges. You can set separate transfer limits for Casino and Games in those products.

                                                                        What is self-exclusion?
                                                                        Self-exclusion means that your Betfair account will remain closed for a minimum period of six months, and will not be reactivated under any circumstances during the exclusion period (unlike a standard account closure request).

                                                                        In addition to self-exclusion it is also possible for you to restrict your access to individual Betfair products:
                                                                        Betfair Casino - From within the Casino, go to 'My Account' and select the 'Casino Exclusion' option.
                                                                        Betfair Poker - Please contact our Helpdesk who will set this restriction on your behalf.
                                                                        Betfair Exchange Games - Please contact our Helpdesk who will set this restriction on your behalf.
                                                                        Please contact the Helpdesk if you require any further information or assistance on self-exclusion or individual product restrictions.
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