Betfair $3.1 million slow-pay and other pro player issues (Video)

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  • Justin7
    SBR Hall of Famer
    • 07-31-06
    • 8577

    #1
    Betfair $3.1 million slow-pay and other pro player issues (Video)
    Last edited by Justin7; 07-28-11, 09:57 PM.
  • mighty maron
    SBR MVP
    • 04-20-09
    • 4215

    #2
    Good video....meh on the blue exclams...
    Comment
    • Chopsticks
      SBR MVP
      • 06-30-09
      • 1057

      #3
      Holy hell that is some slowpay....
      Comment
      • Bluehorseshoe
        SBR Posting Legend
        • 07-13-06
        • 14985

        #4
        I'd like to bet the Russian account was money won on fixed Tennis matches.
        Comment
        • jjgold
          SBR Aristocracy
          • 07-20-05
          • 388189

          #5
          what massive book
          that is a lot of money to process

          why not bank wires?

          betfair is so fukkin big now its out of control
          Comment
          • jjgold
            SBR Aristocracy
            • 07-20-05
            • 388189

            #6
            You can have multi accounts at BetFair as long as its all under your name

            Some players like to separate accounts for each sport so they can track
            Comment
            • jstblaze
              SBR Wise Guy
              • 03-05-07
              • 767

              #7
              Ill take my 3.1 million in 20 grand a week payments!
              Comment
              • LostBankroll
                Restricted User
                • 02-10-10
                • 4538

                #8
                This is bullshit J7
                Comment
                • kmarinouofm
                  SBR Hall of Famer
                  • 01-26-09
                  • 8437

                  #9
                  Originally posted by jstblaze
                  Ill take my 3.1 million in 20 grand a week payments!
                  might actually be for the best
                  Comment
                  • acw
                    SBR Wise Guy
                    • 08-29-05
                    • 576

                    #10
                    Not to forget about their share price which has been dropping like crazy:


                    These guys have a serious problem!

                    Justin,
                    Downgrade them!
                    Comment
                    • Sawyer
                      SBR Hall of Famer
                      • 06-01-09
                      • 7710

                      #11
                      Originally posted by jjgold
                      You can have multi accounts at BetFair as long as its all under your name

                      Some players like to separate accounts for each sport so they can track
                      It's also a great way to avoid premium charge
                      Comment
                      • wild card
                        SBR Hustler
                        • 07-19-11
                        • 63

                        #12
                        I'm glad we have SBR to warn us about these issues. Thanks!
                        Comment
                        • Hareeba!
                          BARRELED IN @ SBR!
                          • 07-01-06
                          • 36817

                          #13
                          Originally posted by Sawyer
                          It's also a great way to avoid premium charge
                          I doubt it.
                          The accounts would be linked.
                          Comment
                          • JohnnyRotten
                            SBR High Roller
                            • 06-13-11
                            • 100

                            #14
                            greed has killed betfair!

                            they treat customers like shit.
                            Comment
                            • pokernut9999
                              SBR Posting Legend
                              • 07-25-07
                              • 12757

                              #15
                              Originally posted by wild card
                              I'm glad we have SBR to warn us about these issues. Thanks!

                              Hell yea , if I am going to win 3.1 million I will not play there


                              Thanks SBR
                              Comment
                              • FuzzyDunlop
                                SBR MVP
                                • 01-15-11
                                • 2422

                                #16
                                Jesus, how are they still A rated?
                                Comment
                                • jjgold
                                  SBR Aristocracy
                                  • 07-20-05
                                  • 388189

                                  #17
                                  accounts are linked

                                  mcorbin...............basketball
                                  mcorbin1...........tennis
                                  mcorbin2.......horses

                                  bascially you use each account just for one sport and 100% allowed and all linked but balances not linked
                                  Comment
                                  • Sawyer
                                    SBR Hall of Famer
                                    • 06-01-09
                                    • 7710

                                    #18
                                    BF is a greedy company. They don't want winning players anymore but this issue (3.1 Million Dollar Slow pay) is a complicated subject. Regular players won't have problems like these.

                                    I hope Betdaq gets better. Really liked their motto: We don't charge a premium on Winners as we don't think it's Fair
                                    Comment
                                    • jjgold
                                      SBR Aristocracy
                                      • 07-20-05
                                      • 388189

                                      #19
                                      maybe betdaq will grow
                                      all they need is some big players to get volume going
                                      Comment
                                      • maersksealand
                                        SBR MVP
                                        • 09-17-09
                                        • 1673

                                        #20
                                        this video makes me feel uncomfortable, I would try to withdraw my $27...hope they won't give me any hard time
                                        Comment
                                        • Hareeba!
                                          BARRELED IN @ SBR!
                                          • 07-01-06
                                          • 36817

                                          #21
                                          Originally posted by FuzzyDunlop
                                          Jesus, how are they still A rated?
                                          regular players have nothing to fear

                                          only a miniscule number will ever face the premium charge, particularly if they have a plan to ensure they don't qualify for it

                                          still the best place to have an account unless your only interest is US sports
                                          Comment
                                          • geebert74
                                            SBR MVP
                                            • 09-03-09
                                            • 2445

                                            #22
                                            Nice vid Justin... I wish I had 1/4 of that 3.1 million in the bank...
                                            Comment
                                            • jjgold
                                              SBR Aristocracy
                                              • 07-20-05
                                              • 388189

                                              #23
                                              Originally posted by Hareeba!
                                              regular players have nothing to fear

                                              only a miniscule number will ever face the premium charge, particularly if they have a plan to ensure they don't qualify for it

                                              still the best place to have an account unless your only interest is US sports
                                              This fuk knows his shit......qualified for my poster of the month list
                                              Comment
                                              • HeeeHAWWWW
                                                SBR Hall of Famer
                                                • 06-13-08
                                                • 5487

                                                #24
                                                I left betfair soon after they introduced the PC a while back - after burning through the buffer, they wanted $1k in a week, on top of hefty regular commission. Not been back since, their prices are simply rubbish after PC. Also makes it impossible to stakesize properly.

                                                What's nice is the latest PC moneygrab has finally pissed off a number of big players, and the liquidity at betdaq and matchbook has improved as a result. Had a number of tennis plays recently at matchbook, slightly better price than betfair (because of only 0.5% commission), and no premium charge.
                                                Comment
                                                • DeluxeLiner
                                                  SBR MVP
                                                  • 01-29-08
                                                  • 4132

                                                  #25
                                                  What is with the annoying blue exclamation marks. Cut it out.
                                                  Comment
                                                  • Justin7
                                                    SBR Hall of Famer
                                                    • 07-31-06
                                                    • 8577

                                                    #26
                                                    Weird. Everywhere I had documents, ... odd.

                                                    I am re-uploading it. I reviewed the original video, and all the documents are there.
                                                    Comment
                                                    • kisado
                                                      SBR Wise Guy
                                                      • 09-09-08
                                                      • 519

                                                      #27
                                                      Downgrade these greedy fuks.
                                                      Comment
                                                      • 4seasons
                                                        SBR MVP
                                                        • 01-04-11
                                                        • 1793

                                                        #28
                                                        Originally posted by Bluehorseshoe
                                                        I'd like to bet the Russian account was money won on fixed Tennis matches.
                                                        Comment
                                                        • 4seasons
                                                          SBR MVP
                                                          • 01-04-11
                                                          • 1793

                                                          #29
                                                          Originally posted by FuzzyDunlop
                                                          Jesus, how are they still A rated?
                                                          You're right, how can it be?
                                                          Comment
                                                          • Roxxyfish
                                                            SBR Posting Legend
                                                            • 06-26-09
                                                            • 12066

                                                            #30
                                                            hmm Betfair is the flagship of the eurobooks, if true not good
                                                            Comment
                                                            • Hareeba!
                                                              BARRELED IN @ SBR!
                                                              • 07-01-06
                                                              • 36817

                                                              #31
                                                              Who's responsible for imposing a $20k limit on transactions ?

                                                              Doesn't make sense to me. How does UK business manage to trade with Russia?

                                                              I wouldn't be too surprised if Betfair isn't falling over itself to see this guy paid speedily as they probably know he's made the money playing fixed games.
                                                              Comment
                                                              • Justin7
                                                                SBR Hall of Famer
                                                                • 07-31-06
                                                                • 8577

                                                                #32
                                                                New video is up. Sorry about that odd problem.
                                                                Comment
                                                                • Recurring
                                                                  SBR Sharp
                                                                  • 12-11-10
                                                                  • 343

                                                                  #33
                                                                  I wish I had the problem of a 3.1 million slow pay...
                                                                  Comment
                                                                  • jjgold
                                                                    SBR Aristocracy
                                                                    • 07-20-05
                                                                    • 388189

                                                                    #34
                                                                    whole thing seems sketchy
                                                                    If he was russian then something is up
                                                                    Comment
                                                                    • MarlinsFan2212
                                                                      SBR MVP
                                                                      • 04-19-10
                                                                      • 1325

                                                                      #35
                                                                      Comment
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