Betfair Admits Failure To Reveal Identity Fraud

[Hareeba!]

Waiting??

Why does this book still carry an 'A' rating, based on the facts reported?

NO book, bank, business or government agency is absolutely immune from being hacked.

This is becoming a stupid argument.

The issue is which are the safest books and I'd go with Betfair ahead of the rest.

If they fail to rate A+ on that score then so do all the rest.

[stevenash]

The book can not guarantee safety.
This has been demonstrated, therefore does not rate the 'A' according to the SBR parameters.

I'm starting to think there is an agenda here.

[stevenash]

If they fail to rate A+ on that score then so do all the rest.

Why, because your word is gospel?

Fact is, BF was hacked into, tried to cover that up, can not guarantee it won't happen again, yet maintain an 'A' rating.

Only thing I want to know now is if BF pays SBR?

[Hareeba!]

The book can not guarantee safety.
This has been demonstrated, therefore does not rate the 'A' according to the SBR parameters.

I'm starting to think there is an agenda here.

Once again I challenge you to name any book or even a bank, government agency or business anywhere which can "guarantee safety".

If you can't then none of them deserve to be A rated.

Your repeated failure to address that question does raise the issue or there being an agenda afoot.

[stevenash]

What is my agenda?
I have none, I work for no book, I get paid by nobody.
What is my motive?

My question still is does SBR get BF advertising money.
Can you answer this?

Never mind, I'll find out myself

Bottom line an A rated book does not try to cover up a security scandal.

I'd like to see what Justin has to say here.

[stevenash]

Waiting??
What is my agenda here?

[Hareeba!]

What is my agenda?
I have none, I work for no book, I get paid by nobody.
What is my motive?

My question still is does SBR get BF advertising money.
Can you answer this?

Never mind, I'll find out myself

Bottom line an A rated book does not try to cover up a security scandal.

I'd like to see what Justin has to say here.

dunno what your motive is .. prob just another Betfair basher
I told you that BF would hardly be getting advertising here for nothing but I don't recall ever seeing them advertise on here and doubt they'd bother as only a small number of members can play there

it is only your interpretation that there has been any cover up ... another case of someone here finding guilt before it is ever proved

bugger all to cover up anyway as no damage was done .. what's the point of scaring people when there's no danger or if it has passed?

you still haven't named any bookie, bank, business or government agency which is "guaranteed safe"

[Pat McCrotch]

betfair is an A book but it is not even nearly as good as it was 5 years ago. the prices aint great after you pay your commision. the pc is a rip off , and yes i did pay it before moving to betdaq and matchbook.

more and more people are leaving betfair, due to greed, simple as that.

id like to know 1 site that crashes as much as betfair and 1 site that can cause you to lose $$$$ due to these crashes.

betfair cant care about security as much as people think or this would never have happened.

the customer service is horrible!!!!

i used to LOVE betfair but dont go near it now.

[shari91]

If Betfair bought their rating, bet365 may want to give them a call. They've paid for a banner and are an SBR Pro sponsor yet they're only A-

Even better, they both should call up Spiro. The Greek's still A+ and doesn't even advertise here any more

ETA: Really I'm just being silly but I do think this one thread in particular has been a bit blown out of proportion. I'm a customer of Betfair and couldn't care less if a bunch of XX#EDIF*OAWROIJKNDUISDKBJjk of my info was stolen. Nor would I have cared if they told me the day it happened. I've already dealt with various forms of hacking at major Australian banks. I'm not going to expect Betfair is more immune than them. That being said, Betfair does need to get their act together with some of the other stuff haunting them lately.

[yokspot]

If Betfair bought their rating, bet365 may want to give them a call. They've paid for a banner and are an SBR Pro sponsor yet they're only A-

Even better, they both should call up Spiro. The Greek's still A+ and doesn't even advertise here any more

ETA: Really I'm just being silly but I do think this one thread in particular has been a bit blown out of proportion. I'm a customer of Betfair and couldn't care less if a bunch of XX#EDIF*OAWROIJKNDUISDKBJjk of my info was stolen. Nor would I have cared if they told me the day it happened. I've already dealt with various forms of hacking at major Australian banks. I'm not going to expect Betfair is more immune than them. That being said, Betfair does need to get their act together with some of the other stuff haunting them lately.

Right, you're a mod. So:

I haven't even read this thread, I'm talking about outside of it. I daresay I'll read it though.

Betfair enacted THE single biggest smash & grab in online gambling history just under a year ago. The biggest bar none.

Betfair also refused to intercede when their business partner stole a cool USD $3,100,000 from a customer.

Now this hacking or whatever.

All this time, Betfair is "A" rated.

Come on now. It smells bad. I rate SBR way above any of the "watchdog" contenders, like Casinomeister or whoever, for SBR's general openness and willingness to not stiffle any debate, as they don't siffle this one. But the "A" rating is plainly ludicrous. You cannot realistically deny an agenda.

[yokspot]

Whoever made the decision to sacrifice the financial security of millions of people for the sake of Betfair's reputation should resign immediately.

If Betfair fired everyone who'd ****** up this past year, they'd have nobody left.

[shari91]

Right, you're a mod. So:

I haven't even read this thread, I'm talking about outside of it. I daresay I'll read it though.

Betfair enacted THE single biggest smash & grab in online gambling history just under a year ago. The biggest bar none.

Betfair also refused to intercede when their business partner stole a cool USD $3,100,000 from a customer.

Now this hacking or whatever.

All this time, Betfair is "A" rated.

Come on now. It smells bad. I rate SBR way above any of the "watchdog" contenders, like Casinomeister or whoever, for SBR's general openness and willingness to not stiffle any debate, as they don't siffle this one. But the "A" rating is plainly ludicrous. You cannot realistically deny an agenda.

Ok, I'm a Mod...

But... if I were a higher up from Betfair and I were paying SBR, how happy would I be after seeing that Justin7 video and all the comments in it? And then when I saw shari91 as one of two people in that thread telling Justin7 that his past Betfair video had been banned in Australia by YouTube at Betfair's request so he might want to contact them about putting it back up? Not really the kind of behaviour I'd expect from two employees of SBR if I were paying for my rating.

In my opinion, very few people who are going to wager with Betfair today will care about the rating moving or staying the same. We care about the opportunities we get that we can't find elsewhere. Just like those who continue to bet at D books because of their soft lines, bonuses, better chance of circumventing limits, etc do. SBR could drop Betfair to a D tomorrow because of the PC and the anty situation. How many people on this forum will care? We'll ask Admin why, they'll explain it has to do with two situations that most of us will never encounter, so we'll shrug and carry on. And even more so, how many people on this forum will even be affected by the PC or come close to making over 10 lifetimes what anty is trying to cash out? People care about what's pertinent to them.

So for the generalised statement on SBR's ratings guide: A- to A+ Elite, top 1% of all Sportsbooks, Guaranteed safety & quality. in my view, that still applies although I do think the whole PC thing is horrendous. And for all we know SBR is reviewing their rating. I have no clue. I'm definitely no fan of Betfair's a la Hareeba but I'm not going to bash them for this hackjob no more than I did the 2 Aussie banks where I was involved with much worse scenarios. I also don't worry about the PC and I don't worry about my money being safe there. So for me, A is good. Not A+, but an A. But I also have no part in rating books so if their rating were to drop tomorrow, I'd still consider them an A. For me.

[potless]

In an entirely unrelated move because after all no harm was done and all data was extra specially super dooper safe

http://www.cio.co.uk/news/3307856/betfair-security-chief-leaves-after-massive-customer-data-theft/

[shari91]

In an entirely unrelated move because after all no harm was done and all data was extra specially super dooper safe

http://www.cio.co.uk/news/3307856/be...er-data-theft/

My details got stolen in Feb 2010 and I'm still ok so far. Unless these hackers are just a slow moving bunch, I'm going to trust that they really did make off with nothing of value.

But if the Security Chief got sacked and Betfair's spinning it as a resignation, then we should be happy to see the back of the incompetent guy who was also the Global Head of Threat and Vulnerability Mgmt at that little bank Barclays and before that the Senior VP of BofA. If the hackers can foil that guy and are actually sitting on my info, then A+ effort to them.

Maybe I'm crazy, but the only part of this whole saga that I feel is important to me a year and a half later is this:

According to the Daily Telegraph, a report on the crime by consultants Information Risk Management described Betfair’s IT security as insufficient.

“Information security was not implemented in accordance with best practice.

“Appropriate information security governance is not in place within Betfair and as a consequence the business has been exposed to significant risks,” the report stated.

Meanwhile, Betfair said that it has now implemented all of the recommendations from independent reports it commissioned into the crime, and that it has "done everything we can to minimise the risk of this happening again."

Earlier this year, Betfair launched a customer commitment charter setting out 14 promises to customers about the quality of its services, including technology.

One of the promises included ensuring the security of its site and customer data, and to protect customers’ money by keeping it separate from the company’s funds.

The company publishes a progress report against each of the commitments every three months, starting from 1 August.

[shari91]

And I should note, I'm not trying to defend Betfair, excuse what they did, etc... Their name is popping up way too much for my liking. I like books I play at to be so boring they just do their own thing quietly. I just think telling me that someone jacked my info a year and a half after the fact isn't that earth shattering. The PC and Anty's story are much more disconcerting to me just as someone interested in the industry. I wonder if the Security Chief didn't do that great of a job or didn't have the resources to do so. My guess would be the latter but I'm sure we'll never know. Now that those issues have been formally addressed however and Betfair has pledged to abide by their charter, I'll scrutinise them for anything that seems as though they're going back on their word, just like I would any other book at which I play.

[durito]

If Betfair bought their rating, bet365 may want to give them a call. They've paid for a banner and are an SBR Pro sponsor yet they're only A-

Even better, they both should call up Spiro. The Greek's still A+ and doesn't even advertise here any more

ETA: Really I'm just being silly but I do think this one thread in particular has been a bit blown out of proportion. I'm a customer of Betfair and couldn't care less if a bunch of XX#EDIF*OAWROIJKNDUISDKBJjk of my info was stolen. Nor would I have cared if they told me the day it happened. I've already dealt with various forms of hacking at major Australian banks. I'm not going to expect Betfair is more immune than them. That being said, Betfair does need to get their act together with some of the other stuff haunting them lately.

365 fell all the way to C during the 4 years they didnt advertise here. i dont see any difference.

[shari91]

365 fell all the way to C during the 4 years they didnt advertise here. i dont see any difference.

And they were an A+ before that. And their rating started to rise again well before they were a sponsor here. So they fell and worked their way up. So do you think the Greek is still paying to maintain their A+? In another thread, people were speculating that they're not on the recommended list because they stopped being an advertiser of SBR. That's my point... people say 5Dimes buys their rating, but then posters keep voting for them in the polls and they have more than double the votes as Bookmaker, for example. I just think it's more beneficial to stop with the theories and go to the people who actually devise the ratings and ask them how they're comprised instead of the endless speculation. Just my opinion though.

[bigboydan]

BetFair has always had problems with this type of stuff it seems like. I remember this case particularly. Now whether or not it was truly indeed this gentleman's fault or not but, it sure makes me wonder now.

[shari91]

BetFair has always had problems with this type of stuff it seems like. I remember this case particularly. Now whether or not it was truly indeed this gentleman's fault or not but, it sure makes me wonder now.

Dan, what happened to aston at the end of that thread?

[Stumpage]

A little Betfair levity involving last year's brutal happy hour promotion...No doubt an ancient post, but personally this never gets old.....

http://www.youtube.com/watch?v=qV3h_lDppT8"]YouTube - hitlerbetfair_0001.wmv


(sorry about the ad at the beginning if you watch this...wtf)

[Hareeba!]

BetFair has always had problems with this type of stuff it seems like. I remember this case particularly. Now whether or not it was truly indeed this gentleman's fault or not but, it sure makes me wonder now.

I've read complaints along those same lines from players with accounts at several other books and at e-wallets. This isn't by any means just a Betfair issue.

Criminals with IT capabilities continue to be able to find ways to commit fraud. It seems that it isn't so difficult to impersonate someone else online by somehow appearing to be using his computer.

The best defence against these crooks is for all users to ensure they have the tightest possible security of their systems and login details.

[Monte]

. So do you think the Greek is still paying to maintain their A+? In another thread, people were speculating that they're not on the recommended list because they stopped being an advertiser of SBR.

Don't be silly pls Shari, Greek is good as gold like Pinny.
These are still the 2 top books here on your ratings list, you couldn't downgrade them even if you'd want to. It has nothing to do with them paying or not, you just can't do it.

[bigboydan]

Dan, what happened to aston at the end of that thread?

He didn't get paid.

All the stuff that Betfair is now pulling in regards to trying to cover it all up does put them in the same light though.

[shari91]

Don't be silly pls Shari, Greek is good as gold like Pinny.
These are still the 2 top books here on your ratings list, you couldn't downgrade them even if you'd want to. It has nothing to do with them paying or not, you just can't do it.

Why not? They don't take Americans. Surely with how so many posters feel this is an US-centric board based on the amount of disappointment when the US sportsbook cash was removed from the store (obviously very wrong in their assumption), the Greek should be downgraded just for their abrupt departure alone? And the A+ list is full of people who pay???!?!@?>!:!:$OP@LK#

Oh wait... you're right. The Greek is a great book for those who can play there (although it'd be nice if they get their contact #s updated). And other books that have had a higher rating previously than they do now (A+ before) are still working their way up. But they had a higher rating before they paid to be here??????? AND sponsoring the SBR Pro program!!!!!!!!!!!!!!

I like you Monte. I know who you are and I appreciate the fact that you're posting a bit more openly under this username. What I would suggest - as I continue to - is simply ask those who actually deal with the ratings. If you guys think that the anty case and PC should affect their rating, let Admin know!!! We take pride in not censoring what anyone has to say (unless it's an edit of a processor). Go to the source guys!

[Monte]

Np Shari, yep this wasn't my first username cos i thought about quitting posting here for a long time and it's easier to start "new" with all the weird people around.
Doesn't matter, i will most likely quit for good soon enough as this industry is dying in the US (and US sports always have been the only thing i bet on), and you guys at SBR just try to squeeze out the last $$$.
Can't blame you for that, i once found it sad but i care less daily.

[3SCATTERS]

Clearly the A rating is far from the truth these days. Yokspot hits the nail right on the head really. I would rate betfair C.