Proof of wealth nightmare - Help

News, chat and debate about the Betfair betting exchange.
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Posts: 3
Joined: Tue Mar 17, 2020 9:17 am

Having some issues with a proof of wealth check with betfair. They've closed my account while they do the investigation. With my salary and income from matched betting at the bookies doesn't cover the "losses" on Betfair. The rest of the betting money is coming from bookie accounts belonging to other friends and families I'm also match betting with as part of a 'syndicate'.

Has anyone been in a similar situation themself? My concern is that declaring where the remainder of the profit is coming from is against their t&cs will result in a permanent ban. I haven't done anything wrong just unsure of the right way to proceed,

Would delcaring a betting syndicate with clients, with written consent and showing their bank statements including money entering my account be a sensible approach?

Any advice would be greatly received
Last edited by hudbud on Mon Nov 30, 2020 1:30 pm, edited 2 times in total.
Posts: 434
Joined: Tue Oct 06, 2015 1:37 pm

I you believe that BF do not look at any forums then carry on asking for advice...
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