Power Leisure Book

[LeTiss]

Just went into my bank to check my Betfair withdrawal had arrived, to find a very different description.....

No longer says Betfair!
Now says Power Leisure Book

I don't like this......it's hard enough telling the banks you're a trader as it is, and not a gambler
This entry onto my bank statements looks bad

[Derek27]

Just went into my bank to check my Betfair withdrawal had arrived, to find a very different description.....

No longer says Betfair!
Now says Power Leisure Book

I don't like this......it's hard enough telling the banks you're a trader as it is, and not a gambler
This entry onto my bank statements looks bad

I noticed a Power Leisure Book anti-money laundering check on my credit file when I was given a new account last year, and to be honest, with the word Paddy missing, it took me a while to figure out who they were. I'm sure many people have never heard of Betfair, but I would have thought if they were in any doubt, the word 'bet' would destroy any secrecy.

[Euler]

It would arrive as The Sporting Exchange but haven't checked recently. I tend to use cards to withdraw now.

[LeTiss]

Oh that's interesting.

Are you suggesting they've ran an anti-money laundering check on me?

[Euler]

I would think that would only happen if you deposited.

[LeTiss]

I would think that would only happen if you deposited.

That might be the issue then, Peter

I had money tied up in the French Open outright, so I deposited £1000 and then withdrew £2300 3 hours later

[ANGELS15]

Just went into my bank to check my Betfair withdrawal had arrived, to find a very different description.....

No longer says Betfair!
Now says Power Leisure Book

I don't like this......it's hard enough telling the banks you're a trader as it is, and not a gambler
This entry onto my bank statements looks bad

I noticed a Power Leisure Book anti-money laundering check on my credit file when I was given a new account last year, and to be honest, with the word Paddy missing, it took me a while to figure out who they were. I'm sure many people have never heard of Betfair, but I would have thought if they were in any doubt, the word 'bet' would destroy any secrecy.

Agreed, I recall some years ago being turned down for an overdraft. I was on the phone to the bank at the time and the operator hinted that Betfair transactions on the account may have had something to do with the refusal.

[Derek27]

Oh that's interesting.

Are you suggesting they've ran an anti-money laundering check on me?

My anti-money laundering check was due to being issued a new account. I think it would be the same if you opened a PayPal or any e-wallet. I would have thought the closed-loop policy should be sufficient to stop money laundering. You can only withdraw what you've won.

[Derek27]

WTF do they think we are? How often is often and how much higher is higher?

Capture.GIF

[Euler]

If you click thorough you get a bonus on your withdrawal.

A neat way to withdraw your money without it hitting your bank account!

[Euler]

I just tested the prizeout. I mean you get a bonus on it!

Got the Mrs a £50 Sainsbury card and got a 2.25% bonus added to it.

[Realrocknrolla]

I just tested the prizeout. I mean you get a bonus on it!

Got the Mrs a £50 Sainsbury card and got a 2.25% bonus added to it.

Neat...

[Derek27]

I just tested the prizeout. I mean you get a bonus on it!

Got the Mrs a £50 Sainsbury card and got a 2.25% bonus added to it.

Unfortunate. I've just made my end-of-month withdrawal. 2.25% is pretty generous. I wonder where that money's coming from - it's not Betfair generosity is it?

[Realrocknrolla]

I just tested the prizeout. I mean you get a bonus on it!

Got the Mrs a £50 Sainsbury card and got a 2.25% bonus added to it.

Unfortunate. I've just made my end-of-month withdrawal. 2.25% is pretty generous. I wonder where that money's coming from - it's not Betfair generosity is it?

Wouldnt surprise me if there dabbling with Crypto

Maybe?

https://paxful.com/

[Derek27]

Here's the Prizeout (stupid name) FAQ: https://support.betfair.com/app/answers ... _id/10212/