Possibly, but it seems a pretty weak detection tool. There are so many ways to extract a profit from Betfair, so I imagine that most profitable people's method bears some resemblance to someone else's method.
Perhaps there are some occasions when someone has left their flies undone, as it were, and it's pretty obvious what they're up to. But I imagine most of the time it's nigh on impossible for Betfair to know for sure what's happening. So the concern is that people may have their accounts shut even if there isn't compelling evidence against them.
Here's another thought. If the appointed person is good at their job, it won't take them too long to work out what methods are used by the top traders, and it will just be a matter of time before they're making more money than their Betfair salary from those methods themselves, and leave. However, something tells me that won't happen, which means that someone will be assessing methods that they're not competent to implement themselves. But that probably won't stop them saying 'I can see he's using that guy's methods'...
Jeff
John Doe wrote:I imagine they track accounts with similar betting patterns, probably was a fraud prevention measure but is now a revenue source.
