Originally Posted by
estreetb
Here's the truth:
I placed a wager on a t20 cricket game. Netherlands v Ireland. Netherlands to bat 2nd chasing 191. Odds 15.00. I place a £100 wager. Netherlands start strongly and the odds drop. I deposit using the same bank account (Natwest) I have used with Betfair since 2009 (no Moneybookers, Neteller etc) so that I can hedge the bet. I successfully hedge the bet. My account gets suspended and I am not told why. Seven days later and after numerous calls to their help-desk, I receive this email:
On 20 and 21 March 2014 Betfair experienced a technical fault which resulted in deposits not being processed correctly. Although deposits that you attempted to make were credited to your Betfair account, the usual pre-authorisation checks were not carried out. As a result, we have either already received a ‘charge-back’ request from your payment method in respect of your deposits, or we are expecting to receive one shortly.
As you are aware, we suspended your Betfair account following the above incident while we investigated the activity on your account.
We have now concluded our investigation and we have found evidence of unusual and suspicious depositing activity on your account. As a consequence of this evidence and in accordance with our Terms and Conditions, we have taken the decision to permanently close your account.
I have used the same bank account to deposit money for years. I am in the red with Betfair but never complained as this is obviously the risk you take. I have never received an email like this before. I have deposited many times, and with varying amounts. This day was not out of the ordinary. I deposited after I placed the initial bet so that I had a chance to hedge the bet. This is the truth, the whole truth and nothing but the truth. Please tell me what I have done wrong?