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  1. #1

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

    Last edited by Justin7; 07-28-11 at 09:57 PM.

  2. #2

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    Good video....meh on the blue exclams...

  3. #3

  4. #4

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    I'd like to bet the Russian account was money won on fixed Tennis matches.
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  5. #5
    jjgold's Avatar SBR PRO
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    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

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  6. #6
    jjgold's Avatar SBR PRO
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    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

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  7. #7

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    Ill take my 3.1 million in 20 grand a week payments!

  8. #8

  9. #9
    kmarinouofm's Avatar SBR PRO
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    Quote Originally Posted by jstblaze View Post
    Ill take my 3.1 million in 20 grand a week payments!
    might actually be for the best
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  10. #10

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    Not to forget about their share price which has been dropping like crazy:
    http://finance.yahoo.com/q?s=BET.L&ql=0

    These guys have a serious problem!

    Justin,
    Downgrade them!

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  11. #11

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    Quote Originally Posted by jjgold View Post
    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

  12. #12

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    I'm glad we have SBR to warn us about these issues. Thanks!

  13. #13

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    Quote Originally Posted by Sawyer View Post
    It's also a great way to avoid premium charge
    I doubt it.
    The accounts would be linked.

  14. #14

  15. #15

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    Quote Originally Posted by wild card View Post
    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
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  16. #16

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    Jesus, how are they still A rated?
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  17. #17
    jjgold's Avatar SBR PRO
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    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

    SBR Founder Join Date: 7/20/2005


  18. #18

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    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

  19. #19
    jjgold's Avatar SBR PRO
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    maybe betdaq will grow
    all they need is some big players to get volume going

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  20. #20

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    this video makes me feel uncomfortable, I would try to withdraw my $27...hope they won't give me any hard time

  21. #21

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    Quote Originally Posted by FuzzyDunlop View Post
    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

  22. #22

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    Nice vid Justin... I wish I had 1/4 of that 3.1 million in the bank...
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  23. #23
    jjgold's Avatar SBR PRO
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    Quote Originally Posted by Hareeba! View Post
    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

    SBR Founder Join Date: 7/20/2005


  24. #24

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    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.
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  25. #25

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    What is with the annoying blue exclamation marks. Cut it out.

  26. #26

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

    I am re-uploading it. I reviewed the original video, and all the documents are there.

  27. #27

  28. #28

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    Quote Originally Posted by Bluehorseshoe View Post
    I'd like to bet the Russian account was money won on fixed Tennis matches.

  29. #29

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    Quote Originally Posted by FuzzyDunlop View Post
    Jesus, how are they still A rated?
    You're right, how can it be?

  30. #30
    Roxxyfish's Avatar SBR PRO
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    hmm Betfair is the flagship of the eurobooks, if true not good
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  31. #31

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    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.

  32. #32

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    New video is up. Sorry about that odd problem.

  33. #33

  34. #34
    jjgold's Avatar SBR PRO
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    whole thing seems sketchy
    If he was russian then something is up

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  35. #35

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