Accessing Betfair / Matchbook from a Restricted Country? [US]

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workked
Posts: 3
Joined: Wed May 27, 2020 3:08 am

Hope everyone is well and thanks in advance for any insight here.

Has anyone had any success accessing Betfair and Matchbook from a restricted country? I am currently residing in the US.

Goal: Be able to provide liquidity on the Matchbook and Betfair betting exchanges.

Current Path: My current thought is to buy a verified matchbook account with a paired neteller account to load and unload funds. I am also looking for a verified betfair exchange account with a paired neteller account. However, it has been surprisingly difficult to find these accounts for sale. I am aware of agents such as betinasia but I don't think you can access the exchanges via API directly through an agent (please correct me if I am wrong).

Very open to other options, which is why I am posting here. If anyone has a better idea on how to move funds in and out of matchbook/betfair please let me know.
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Naffman
Posts: 5963
Joined: Sun Aug 11, 2013 5:46 am

I think Betfair is legal in Nevada, Delaware and New Jersey, not sure if that helps
workked
Posts: 3
Joined: Wed May 27, 2020 3:08 am

Thanks for adding the info

Unfortunately, the NJ exchange is segmented from the main exchange. It is limited to horse racing and has very low liquidity. They also have a sports book in NJ as well. Both don't serve the goal of becoming a liquidity provider across liquid betting markets
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Derek27
Posts: 25159
Joined: Wed Aug 30, 2017 11:44 am

The problem with buying a verified Betfair account is that it will be in somebody else's name, and that person will be legally responsible for your trading and unpaid losses, so it will be extremely difficult to find somebody who's willing to take that risk.
workked
Posts: 3
Joined: Wed May 27, 2020 3:08 am

That makes sense. I did not realize you were able to get leverage on these accounts. Is there any documentation where I can read about this or can you talk a little bit about it? Trying to absorb all I can here.

Has anyone here successfully used their real name, photos, and bank but with a fake utility bill or something of that sort? I believe it is possible to open foreign bank accounts from the US. Open to all options here
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