Hi all
I am after some guidance on reading the rules/legislation governing in-play betfair transactions in Australia. Particularly I am interested in researching whether the legal liability is on the provider to restrict, or the individual not to participate. Grateful for any assistance for plain-english interpretations - although happy to read legislation directly if needed.
Many thanks!
Australian Rules on in-play trading
Hi,
Out of curiosity what restrictions do you have in Australia placing bets using the Betfair website or trading software?
Are you unable to place bets pre-race anywhere or is the restriction specific to courses or regions?
Derek
Out of curiosity what restrictions do you have in Australia placing bets using the Betfair website or trading software?
Are you unable to place bets pre-race anywhere or is the restriction specific to courses or regions?
Derek
Interesting. While I do not want to engage in illegal activity I thought the whole point of the VPN is to mask your location?
Pre-race is fine. In-play for racing is fine. In- play for sports is not allowed online - but you can via telephone. Go figure.
I would really like to get into tennis trading but can't see how I can do it here
The thing I find most frustrating is that all this law does is prevent sharper bettors from pursuing an edge and prevents loss-minimisation as well.
- MemphisFlash
- Posts: 2225
- Joined: Fri May 16, 2014 10:12 pm
- Location: Leicester
that is fraud. also illegal!!!
Indeed Memphis. I'm not looking to do anything like that.
Rather it is an interesting debate, not unlike the debate around geoblocking with streaming services, Netflix and the like. We live in an increasingly digital age where I think legal frameworks at time seem nonsensical - eg you can bet in play via the phone but not on the internet.
Rather it is an interesting debate, not unlike the debate around geoblocking with streaming services, Netflix and the like. We live in an increasingly digital age where I think legal frameworks at time seem nonsensical - eg you can bet in play via the phone but not on the internet.
It may breach Betfair's terms & conditions or even the law, but how does it amount to fraud?
- ShaunWhite
- Posts: 9731
- Joined: Sat Sep 03, 2016 3:42 am