How does a post-up customer end up with a negitive account balance?

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  • Emily_Haines
    SBR Posting Legend
    • 04-14-09
    • 15917

    #1
    How does a post-up customer end up with a negitive account balance?
    Saw this in the terms and conditions:

    Customers are responsible for settling all negative accounts. "Ignorance", "I wouldn't have made that last bet if I knew my balance would have been negative", or "It's not my fault the wager was graded wrong", will not be accepted as excuses for non-settlement of negative balances.

    Every account I had I was not able to wager more than my remaining balance. I thought it was impossible to go negative.
  • Justin7
    SBR Hall of Famer
    • 07-31-06
    • 8577

    #2
    If a losing wager is graded as a winner, your balance is temporarily too high. If you bet your balance and lose, and the old wager is corrected, you will end up negative. This obviously causes a lot of headaches.
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    • Hareeba!
      BARRELED IN @ SBR!
      • 07-01-06
      • 36925

      #3
      A settlement in your favour is reversed after your next bet would be the most common cause I would imagine, i.e. as per "It's not my fault the wager was graded wrong".

      A deposit credited to your account in error and later corrected could be another.
      Comment
      • Emily_Haines
        SBR Posting Legend
        • 04-14-09
        • 15917

        #4
        Originally posted by Justin7
        If a losing wager is graded as a winner, your balance is temporarily too high. If you bet your balance and lose, and the old wager is corrected, you will end up negative. This obviously causes a lot of headaches.
        OK, I get it.
        Comment
        • Waterstpub87
          SBR MVP
          • 09-09-09
          • 4102

          #5
          Or, if you bounce an ***************. They front you the money before it clears. If you had bet and lose, then you would have a negative balance.
          Comment
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