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  1. #1

    Default betfair withdrawal problem?

    did you have any withdrawal problem with betfair?

    I want to deposit 100 000 $ to BetFair. Is it safe?

    I am a bit afraid.

  2. #2

  3. #3

    Default

    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.

  4. #4

    Default

    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.

  5. #5

  6. #6

    Default

    i think it's safe.
    do learn how to use it first though, one input mistake might cost you the whole amount.

  7. #7

    Default

    safe as houses even though they rob u with commision

  8. #8

    Default

    nothing is 100% safe but betfair will be close. usually get paid in 24hours or less.

  9. #9

    Default

    Quote Originally Posted by allang84 View Post
    safe as houses even though they rob u with commision
    rob u?
    so where do you bet and get a better deal?

  10. #10

    Default

    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.

  11. #11

    Default

    Quote Originally Posted by sorena View Post
    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

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