Betfair got completely out of their friggin minds -£100 deposit limit

News, chat and debate about the Betfair betting exchange.
User avatar
ilovepizza82
Posts: 490
Joined: Thu Nov 02, 2017 3:41 pm
Location: Sewers
Contact:

More bad news :D
You do not have the required permissions to view the files attached to this post.
User avatar
napshnap
Posts: 1189
Joined: Thu Jan 12, 2017 6:21 am

ilovepizza82 wrote:
Wed Sep 22, 2021 9:19 am
Imagine "Steam" or "Origin" putting £25 monthly limit on your account because you spend too much money on video games...
...or Ebay because you have shopping addiction problem. Its getting ridicilous. Reminds me of Chinese social credit where they punish people if you dont buy healthy food or spend too much time playing video games. :? :lol:
Imagine financial trading apps putting a monthly limit... oh I can't go on, it's too hilarious to continue.
User avatar
Derek27
Posts: 23477
Joined: Wed Aug 30, 2017 11:44 am
Location: UK

Euler wrote:
Tue Sep 21, 2021 4:58 pm
If you wish, there are settings to automatically log you out of the main website automatically.


auto log out.png
Just one slight problem with that - you can't trade when you're logged out. ;)
User avatar
Euler
Posts: 24702
Joined: Wed Nov 10, 2010 1:39 pm
Location: Bet Angel HQ

Doesn't seem to matter, it just eliminates the risk of a problem created by the website.
User avatar
MobiusGrey
Posts: 289
Joined: Fri Nov 23, 2018 8:10 pm

Just FWIW with Betdaq, the only communication I've had with Betdaq with regards to the gambling reforms or betting limits is when I made a series of deposits, nothing too large 3 x 3 figure amounts over the course of a couple of weeks when the flat season was getting into its pomp. All I had was an email just asking if I was comfortable betting at the limits I was betting at. I confirmed yes, all is fine and they've left me alone ever since.
User avatar
Tuco
Posts: 727
Joined: Wed Apr 15, 2009 1:43 pm

jamesedwards wrote:
Tue Sep 21, 2021 7:14 pm
I like to sit logged on all the time so I can check my P&L periodically.
You have to do that or how do you keep on top of their mistakes?
Derek27 wrote:
Tue Sep 21, 2021 7:26 pm
I'm logged into the Betfair website all day but only place bets through BA.
I guess it's bet placement rather than logging in.
...same here - I like to check bets unmatched/matched, P&L etc. on the BF website, but only place bets through BA.
User avatar
ShaunWhite
Posts: 9731
Joined: Sat Sep 03, 2016 3:42 am

On the one hand they're imposing restrictions, while with the other they've sent me 4 x £5 free bets this month. Go figure.

I'm not sure what other people have done who rely on Betfair for a living, but I've tried to preempt problems by regularly reminding them about my situation, including letting them know what sports I plan to bet on, my expected turnover, number of bets etc for the upcoming month. The reason being that I hope £1.5m/month staked and 100,000 bets won't be seen as problem gambling..... if I planned to do it.

So far so good. All this account restriction stuff is a pain but seeing as I need them more than they need me, I'm just trying to do all I can from my end and it's also a good history of evidence if I do have problems. Can't do any harm to try and be proactive. Maybe no good but definitely no harm.
User avatar
napshnap
Posts: 1189
Joined: Thu Jan 12, 2017 6:21 am

ShaunWhite wrote:
Wed Sep 22, 2021 2:57 pm
On the one hand they're imposing restrictions, while with the other they've sent me 4 x £5 free bets this month. Go figure.
...
They are hinting, Shaun, be on the alert!))
User avatar
aperson
Posts: 205
Joined: Thu Feb 07, 2013 5:23 pm

Euler wrote:
Tue Sep 21, 2021 3:53 pm
More than the limit, I thought this was odd: -


too long on site.jpg
Genuine question. What do you say in reply to that to stop them restricting your account? I'm guessing "I have a large lifetime profit and therefore don't ever feel out of control with my gambling as I'm not a gambling addict" may not be best, even if it's true. They are asking you to prove a negative. I know I'm not a gambling addict, but how on earth do you prove to someone that's true. It's a joke.
User avatar
ShaunWhite
Posts: 9731
Joined: Sat Sep 03, 2016 3:42 am

aperson wrote:
Wed Sep 22, 2021 3:15 pm
Euler wrote:
Tue Sep 21, 2021 3:53 pm
More than the limit, I thought this was odd: -


too long on site.jpg
Genuine question. What do you say in reply to that to stop them restricting your account? I'm guessing "I have a large lifetime profit and therefore don't ever feel out of control with my gambling as I'm not a gambling addict" may not be best, even if it's true. They are asking you to prove a negative. I know I'm not a gambling addict, but how on earth do you prove to someone that's true. It's a joke.
As I said, tell them what you plan to do in the future because what you've done in the past isn't as relevant.?
User avatar
Kai
Posts: 6096
Joined: Tue Jan 20, 2015 12:21 pm

napshnap wrote:
Wed Sep 22, 2021 12:52 pm
ilovepizza82 wrote:
Wed Sep 22, 2021 9:19 am
Imagine "Steam" or "Origin" putting £25 monthly limit on your account because you spend too much money on video games...
...or Ebay because you have shopping addiction problem. Its getting ridicilous. Reminds me of Chinese social credit where they punish people if you dont buy healthy food or spend too much time playing video games. :? :lol:
Imagine financial trading apps putting a monthly limit... oh I can't go on, it's too hilarious to continue.
There are probably people that lost their trading bank on an outage and then got limited because of it, that one would hurt!

Overall the more security we seek, the less freedom we have :|
User avatar
ShaunWhite
Posts: 9731
Joined: Sat Sep 03, 2016 3:42 am

napshnap wrote:
Wed Sep 22, 2021 3:14 pm
ShaunWhite wrote:
Wed Sep 22, 2021 2:57 pm
On the one hand they're imposing restrictions, while with the other they've sent me 4 x £5 free bets this month. Go figure.
...
They are hinting, Shaun, be on the alert!))
:D If they'd sent me 4 x £5,000 then maybe I could kickstart a habit. Hopefully next month it'll be 2 grams of Charlie.
User avatar
napshnap
Posts: 1189
Joined: Thu Jan 12, 2017 6:21 am

(delete, please)
Last edited by napshnap on Wed Sep 22, 2021 4:11 pm, edited 1 time in total.
User avatar
aperson
Posts: 205
Joined: Thu Feb 07, 2013 5:23 pm

ShaunWhite wrote:
Wed Sep 22, 2021 3:22 pm
aperson wrote:
Wed Sep 22, 2021 3:15 pm
Euler wrote:
Tue Sep 21, 2021 3:53 pm
More than the limit, I thought this was odd: -


too long on site.jpg
Genuine question. What do you say in reply to that to stop them restricting your account? I'm guessing "I have a large lifetime profit and therefore don't ever feel out of control with my gambling as I'm not a gambling addict" may not be best, even if it's true. They are asking you to prove a negative. I know I'm not a gambling addict, but how on earth do you prove to someone that's true. It's a joke.
As I said, tell them what you plan to do in the future because what you've done in the past isn't as relevant.?
Surely you're at risk of flagging your account up for closer scrutiny in doing that though.
User avatar
ShaunWhite
Posts: 9731
Joined: Sat Sep 03, 2016 3:42 am

aperson wrote:
Wed Sep 22, 2021 3:59 pm
Surely you're at risk of flagging your account up for closer scrutiny in doing that though.
That's the plan. To get on the list so the automatic process doesn't flag me. Just hiding and hoping is a bit daft when you rely on them.
Post Reply

Return to “Betfair exchange”