With more people gambling everyday the number of problem gamblers (addicts) is on the rise and you here stories like this:
https://www.bbc.co.uk/programmes/articl ... ll-betting
Stealing £370k and they are more stories similar to this. Before it was the roulette machines in the shops that where a big problem, now are limited to £2 a bet before it was £50 but now with online it's worst. Mostly addicts are hooked on games but now some on sports betting, how long till they limit bets on sports books and exchanges. Seems impossible but it can happen if problem gamblers keep rising and even say exchanges used for money laundering. It only takes one terrorist to launder money on an exchange and boom. It's gone
The rise of problem gamblers! Can they limit sports books bets and exchanges? Or even ban exchanges
i can tell you from 1st hand experience that betfair are VERY hot on spotting contra trades on the exchange. I was once (innocently) sanctioned and put on suspension with no reason given (this is outwith my few api abuses, which i learned from 
). it turned out (after a long exchange of emails) that some of my trading patterns had been matching (to an extent i imagine -i was never told specifics) suspicious collaborative betting patterns. I was able to put forward my case and Neil at bdp approved my return.
What this episode (from about 3 years ago) highlighted was that BF have very strong defensive algos in place to capture nuanced behaviours and stop them in their tracks.
The unfortunate thing for me was that i was never able to determine what my behaviours were and more sickeningly, whether they were headed towards a golden ticket. suffice to say, still here and slogging away and still in search of said ticket!!
so in short, i very much doubt that a terrorist is going to outwit the security algos as they are (i believe) machine learning based and flag up pretty quickly any outlier behaviour (wouldn't know the number, but i imagine there are 100's if not 1000's of compliance checks that go on when funds are withdrawn!!).
). it turned out (after a long exchange of emails) that some of my trading patterns had been matching (to an extent i imagine -i was never told specifics) suspicious collaborative betting patterns. I was able to put forward my case and Neil at bdp approved my return. What this episode (from about 3 years ago) highlighted was that BF have very strong defensive algos in place to capture nuanced behaviours and stop them in their tracks.
The unfortunate thing for me was that i was never able to determine what my behaviours were and more sickeningly, whether they were headed towards a golden ticket
. suffice to say, still here and slogging away and still in search of said ticket!!so in short, i very much doubt that a terrorist is going to outwit the security algos as they are (i believe) machine learning based and flag up pretty quickly any outlier behaviour (wouldn't know the number, but i imagine there are 100's if not 1000's of compliance checks that go on when funds are withdrawn!!).