Account suspended for premium charge avoidance

News, chat and debate about the Betfair betting exchange.
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Innertube
Posts: 215
Joined: Mon Mar 14, 2011 9:18 am

Let's face it, this is Betfair's way of stopping winning strategies full stop. Nothing to do with premium charge avoidance.
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kent
Posts: 3
Joined: Sat Sep 24, 2011 3:25 pm

I have a friend who no longer uses his losing account, so you're saying I can't use it at all no matter the circumstance?
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freddy
Posts: 1132
Joined: Sun Aug 01, 2010 8:22 pm

Innertube wrote:Let's face it, this is Betfair's way of stopping winning strategies full stop. Nothing to do with premium charge avoidance.
Well Yes and no i would say,
if Betfair simply wanted to stop winning strategies they would sclose their accounts like everyone else does, annoying but perfectly legal,

but the fact they are taking money P.C avoidance money without proof is not.
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freddy
Posts: 1132
Joined: Sun Aug 01, 2010 8:22 pm

kent wrote:I have a friend who no longer uses his losing account, so you're saying I can't use it at all no matter the circumstance?
I wouldn't, they may think you are using it for avoiding the P.c,

Not sure why would you use it anyway other than for that reason.
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Euler
Posts: 26247
Joined: Wed Nov 10, 2010 1:39 pm

It seems like if you just talk to somebody about your strategy that's enough!
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andyfuller
Posts: 4619
Joined: Wed Mar 25, 2009 12:23 pm

They will be sending spies to your courses soon! Everyone will need to wear a bag over their head lol
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kent
Posts: 3
Joined: Sat Sep 24, 2011 3:25 pm

i just want to help him win some bets,he wanted to tail some of my picks so i said i would take it for him since he is pretty busy and might not be able to take my selections on time.
my account isnt in pc and neither is his, is this not allowed?
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Euler
Posts: 26247
Joined: Wed Nov 10, 2010 1:39 pm

Yes, it is allowed and there is nothing wrong with advising somebody to do something on their account. Not sure if the Betfair pricing team would be as clear as this.
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kent
Posts: 3
Joined: Sat Sep 24, 2011 3:25 pm

yes but as I said, he is often busy and on the move and sometimes cannot take things before the event begins, whereas I can, and have no issues taking it for him aswell. I often do this with bookie accounts too, if I see a good line/total etc for e.g I will tell him and if he asks me to take it for him, I will log into his account and take it. I didn't realize this would be a big issue.
sometimes he even comes over to my place and we both watch and trade together off the same tv, in the same house, he is logged in under my wifi aswell so would this be a problem too since i'm guessing our IP's would be the same?
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LeTiss
Posts: 5464
Joined: Fri May 08, 2009 6:04 pm

It's such a shame to see BF having become the company that it is.

When they started out, they claimed to be the punter's king & nobody would get punished for winning

I'm genuinely quite sad that they've become such a bunch of wankers
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blueport
Posts: 229
Joined: Mon May 18, 2009 7:35 am

Innertube wrote:Let's face it, this is Betfair's way of stopping winning strategies full stop. Nothing to do with premium charge avoidance.
I don't understand why Betfair are providing these http://promo.betfair.com.au/advancedtraining/ when inevitably it is a road to nowhere.

Just about everything I have read has led me to believe the premium charge was introduced to filter out successful traders.

Why try to introduce more?
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enzabella2009
Posts: 747
Joined: Tue Nov 03, 2009 3:58 pm

blueport wrote:
Innertube wrote:Let's face it, this is Betfair's way of stopping winning strategies full stop. Nothing to do with premium charge avoidance.
I don't understand why Betfair are providing these http://promo.betfair.com.au/advancedtraining/ when inevitably it is a road to nowhere.

Just about everything I have read has led me to believe the premium charge was introduced to filter out successful traders.

Why try to introduce more?
Tony Hargraves has made 0.00 pounds since 2004 and 0.00 pounds when he started to be a professional trader...Many believe is one of the biggest charlatan of the sport trading world and yet is on Betfair promotion page....Amazing ...
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blueport
Posts: 229
Joined: Mon May 18, 2009 7:35 am

Tony Hargraves has made 0.00 pounds since 2004 and 0.00 pounds when he started to be a professional trader...Many believe is one of the biggest charlatan of the sport trading world and yet is on Betfair promotion page....Amazing ...
That's interesting to know.

Personally I had never heard of him or Scott Woodward prior to receiving the Betfair email.
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Zenyatta
Posts: 1143
Joined: Thu Mar 11, 2010 4:17 pm

When you are you guys going to get it? The whole betting industry is designed to relieve you of your money, from start to finish. Betfair want to snatch your money, screw your wives/girlfriends and screw you too.
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Dobbin
Posts: 222
Joined: Sun Nov 01, 2009 5:46 pm

Hi there

Sad times but the warnings were there

Glad I jumped ship months ago

You only need to make 50% less on Betdaq to be ahead of Betfair without the worry of you funds being stolen

Not worth the sleepless night is it.

They are no better than the Bankers who got away with it.

Why, because we still give them our business and say how bad they are.

Surely if you kept being mugged you would find another route home. Or would you just keep taking the same one in the hope that the Mugger had been nicked.

Dobbin
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