MATCHBOOK: source of funds.

[ShaunWhite]

I've seen a general reluctance from Matchbook and Smarkets to welcome me on board. I guess that's because they are on the other side of the book.

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

Can you deposit £100 or £500 without being asked for proof of funds?

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.

[LeTiss]

I've seen a general reluctance from Matchbook and Betdaq to welcome me on board. I guess that's because they are on the other side of the book.

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

[Euler]

Typo, that should have read Smarkets, I'll update the rest of the thread.

I make all my money on Betfair and Betdaq.

[Naffman]

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?

[Archangel]

I trade only on Betfair. I have never been asked for source of funds, or income.