Betdaq Account suspended

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Euler
Posts: 20433
Joined: Wed Nov 10, 2010 1:39 pm
Location: Bet Angel HQ
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The thread was created just to see if anybody else had seen the same thing.
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Tuco
Posts: 488
Joined: Wed Apr 15, 2009 1:43 pm

foxhound wrote:
Mon Jan 28, 2019 6:29 pm
Mine have nothing to do with bonus, i simple got matched by someone else bot
I think the same might have happened with me - I left some money up over Christmas whilst away and some was taken at unfavourable odds as it has since turned out.

The phone call was out of the blue and I think the BetDaq guy mentioned this:

(iii) we suspect that Members are acting in a manner that is detrimental to the conduct of BETDAQ's business
foxhound
Posts: 12
Joined: Tue May 16, 2017 2:12 am

Tuco wrote:
Mon Jan 28, 2019 7:03 pm
foxhound wrote:
Mon Jan 28, 2019 6:29 pm
Mine have nothing to do with bonus, i simple got matched by someone else bot
I think the same might have happened with me - I left some money up over Christmas whilst away and some was taken at unfavourable odds as it has since turned out.

The phone call was out of the blue and I think the BetDaq guy mentioned this:

(iii) we suspect that Members are acting in a manner that is detrimental to the conduct of BETDAQ's business
Alright thanks for the input and good luck with your situation
eightbo
Posts: 1943
Joined: Sun May 17, 2015 8:19 pm
Location: Malta

Euler wrote:
Mon Jan 28, 2019 7:02 pm
The thread was created just to see if anybody else had seen the same thing.
In hindsight my previous post was rather ignorant.
Apologies @foxhound — wrong first impression. Welcome to the forum.
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LeTiss
Posts: 4913
Joined: Fri May 08, 2009 6:04 pm

How can you get suspended for being matched at unfavourable odds, due to a misfiring bot?

That's all part and parcel of the exchange ecosystem - if you are going to run the risk of automating your trades, then you have to carry the can when it fucks up. To suspend people is plain wrong
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Naffman
Posts: 4715
Joined: Sun Aug 11, 2013 5:46 am

They're all as bad as each other
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wearthefoxhat
Posts: 1867
Joined: Sun Feb 18, 2018 9:55 am

LeTiss wrote:
Wed Jan 30, 2019 9:02 am
How can you get suspended for being matched at unfavourable odds, due to a misfiring bot?

That's all part and parcel of the exchange ecosystem - if you are going to run the risk of automating your trades, then you have to carry the can when it fucks up. To suspend people is plain wrong
It might have been interpreted as some form of money laundering.
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Derek27
Posts: 10443
Joined: Wed Aug 30, 2017 11:44 am
Location: UK

I've seen a 5-figure sum matched in a low-liquidity US race, the single bet taking up 99.9% of the market turnover. That could have been money laundering or transferring money between Betfair accounts, but unless the irregularity was something as eye-catching, they must have some very crude and indiscriminately algorithms at work to be suspending so many Betdaq accounts.
foxhound
Posts: 12
Joined: Tue May 16, 2017 2:12 am

eightbo wrote:
Tue Jan 29, 2019 11:20 pm
Euler wrote:
Mon Jan 28, 2019 7:02 pm
The thread was created just to see if anybody else had seen the same thing.
In hindsight my previous post was rather ignorant.
Apologies @foxhound — wrong first impression. Welcome to the forum.
No problem, yeah i was just looking if there were more people.
Thank you
foxhound
Posts: 12
Joined: Tue May 16, 2017 2:12 am

So they will give back the money and permanently suspend my account, but still they won't give me the reason why my account was suspended in the first place, crazy
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