Would premium bonds be acceptable?
And if so, how much?
MATCHBOOK: source of funds.
I've been fearing something like this for years. I can see people on low incomes, students etc being refused accounts or restricted so severely that it's practically pointless.
I've always felt that whenever you see something that you can do to help yourself and you try to do it there's always some fucker somewhere pops up and either stops you or puts enormous obstacles in your way.
There are people on low incomes who having discovered match betting were able to make a few quid to sort themselves out. Along with these affordability checks are possible daily loss limits, so therefore curtailing even arbing and match betting.
I've always felt that whenever you see something that you can do to help yourself and you try to do it there's always some fucker somewhere pops up and either stops you or puts enormous obstacles in your way.
There are people on low incomes who having discovered match betting were able to make a few quid to sort themselves out. Along with these affordability checks are possible daily loss limits, so therefore curtailing even arbing and match betting.
What is utterly ridicoulous is when someone like the op has clearly built up their bank through transactions on the exchange and that is not accepted as proof of funds. From time to time one may find themselves with a low or zero betfair balance. By careful and well judged trades they have managed to grow their bank.
It's hardly rocket science that if someone started with £50 and 6 months later they have £2000 without any deposits into the account then the profits have come solely from their exchange activities.
What is also appalling is like some people are finding out when bookmakers ask for proof of funds and then find out the money has been generated on the exchanges, they then have those accounts immediately closed.
It's hardly rocket science that if someone started with £50 and 6 months later they have £2000 without any deposits into the account then the profits have come solely from their exchange activities.
What is also appalling is like some people are finding out when bookmakers ask for proof of funds and then find out the money has been generated on the exchanges, they then have those accounts immediately closed.
I decided to reopen my Matchbook accounts and sent them a shit ton of info on Nov 19.
Despite follow-ups and emails, the account is still not open.
Wish I hadn't bothered.
Despite follow-ups and emails, the account is still not open.
Wish I hadn't bothered.
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wearthefoxhat
- Posts: 3594
- Joined: Sun Feb 18, 2018 9:55 am
Thought I'd ask OpenAI a question.
I regenerated the response.
Doesn't account for the stupidity of the exchange in question....
I regenerated the response.
Doesn't account for the stupidity of the exchange in question....
You do not have the required permissions to view the files attached to this post.
Basically a bookmaker in exchange format, I logged back into BD a while ago and they wanted a lot of Proof of Funds documents so I logged out and never came back, I guess a lot are the same too
Update :
Maybe coincidentally, 30 mins after posting I got a reply asking for a ton more docs.
The requests are beyond invasive, and I won't comply.
Maybe coincidentally, 30 mins after posting I got a reply asking for a ton more docs.
The requests are beyond invasive, and I won't comply.
Can you deposit £100 or £500 without being asked for proof of funds?
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ShaunWhite
- Posts: 10585
- Joined: Sat Sep 03, 2016 3:42 am
It's a shambles, the problem is the GC has fluffy "guidance" and "due care" references to the subject and I think the operators just don't know what they're supposed to do. None of these bookies/exchanges actually want to exclude customers, no business does, they're just sht scared of losing their licences.Derek27 wrote: ↑Wed Dec 21, 2022 3:10 pmCan you deposit £100 or £500 without being asked for proof of funds?
I thought you were a fairly regular user of Betdaq though?
In what way are they not welcoming you on board?
To be honest, this is an absolute farce. If an Exchange is asking questions of the owner of Bet Angel.....then what chance do the rest of us have?
It's an extremely worrying time to be doing this full-time. It appears they can pull the rug from beneath us at any time, without even giving an explanation
What's the go with Smarkets these days does anyone know? Logged back in after a while and spoke to them and they said there's no deposit limit on my account, but don't want to bang loads in then they request loads of docs...does anyone use them frequently with no issues?
