I want to deposit 100 000 $ to BetFair. Is it safe?
I am a bit afraid.
vanman
SBR MVP
02-08-07
1163
#2
Betfair are about as safe as you can get.
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AimingHigh
SBR Wise Guy
06-12-09
670
#3
Perfectly safe. They're a listed company and, while their share price has dropped a bit, they're definitely not hurting. They may require ID verification before you withdraw - I can't remember - so you might want to do that before you deposit, just to reassure yourself you're good to go.
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Hareeba!
BARRELED IN @ SBR!
07-01-06
37283
#4
You will most certainly have to go through their KYC ID verification process but don't let that put you off
Your money is perfectly safe with them so long as you abide by their rules and don't get involved in anything illegal.
They keep it separate from their own rather than spending it on running costs like so many books people here play at.
As a result there is always cash there for withdrawals which always come through same day in my experience.
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sorena
SBR Hustler
01-10-11
62
#5
thank you very much.
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lukahh
SBR Wise Guy
04-08-10
941
#6
i think it's safe.
do learn how to use it first though, one input mistake might cost you the whole amount.
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allang84
SBR High Roller
12-18-10
126
#7
safe as houses even though they rob u with commision
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King_Suckerman
SBR Wise Guy
04-12-09
945
#8
nothing is 100% safe but betfair will be close. usually get paid in 24hours or less.
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Hareeba!
BARRELED IN @ SBR!
07-01-06
37283
#9
Originally posted by allang84
safe as houses even though they rob u with commision
rob u?
so where do you bet and get a better deal?
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sorena
SBR Hustler
01-10-11
62
#10
I Use bookmakers, fonbet, and pinnacle, but when I saw betfair, I loved it, it is like a stock exchange, when I
LOSE IN A BOOKMAKER, it is very bad, I sense that they rob me, but when you use betfair, it is like a market,
that is nice, when you lose in betfair, you lost to yourself, but when you lose in bookmaker, you feel that
they rob you.
Comment
Hareeba!
BARRELED IN @ SBR!
07-01-06
37283
#11
Originally posted by sorena
I Use bookmakers, fonbet, and pinnacle, but when I saw betfair, I loved it, it is like a stock exchange, when I
LOSE IN A BOOKMAKER, it is very bad, I sense that they rob me, but when you use betfair, it is like a market,
that is nice, when you lose in betfair, you lost to yourself, but when you lose in bookmaker, you feel that
they rob you.
interesting way of looking at it Sorena
if you lose at Betfair you are losing to another player and frequently that player will actually be a bookmaker using Betfair