New Posts For Thread: Legalaties - Sportingbethttps://community.betfair.com/australian/go/thread/view/93998/30357395/legalaties---sportingbetJust wondering if anybody is in the know about what we as customers are legally obliged to detail about our personal lives to these corporate scum:Here is what they are requesting.....Sportingbet has legal obligations which require additional informaCouldn't agree more BJT.https://community.betfair.com/australian/go/thread/view/93998/30357395/legalaties---sportingbet?post_id=541705939#541705939Couldn't agree more BJT.Sat, 04 Oct 2014 06:53:15 -0500The whole thing though, is on a par with price fixing. Companies aren't allowed to do that for market competition. These cowboys have been given a free ride. Time to bring them in line with the rest of the world.https://community.betfair.com/australian/go/thread/view/93998/30357395/legalaties---sportingbet?post_id=541704535#541704535The whole thing though, is on a par with price fixing. Companies aren't allowed to do that for market competition. These cowboys have been given a free ride. Time to bring them in line with the rest of the world.Sat, 04 Oct 2014 03:20:15 -0500At the end of the day Sportingbet isn't in the business of entering into losing trades. The whole RNSW thing looks just like V'landys love for telling waging operators to "change their business model" a la Betfair and the turnover taxhttps://community.betfair.com/australian/go/thread/view/93998/30357395/legalaties---sportingbet?post_id=541703853#541703853At the end of the day Sportingbet isn't in the business of entering into losing trades. The whole RNSW thing looks just like V'landys love for telling waging operators to "change their business model" a la Betfair and the turnover taxFri, 03 Oct 2014 23:55:03 -0500http://www.austrac.gov.au/aml_ctf.htmlThe AML/CTF Act covers the financial sector, gambling sector, bullion dealers and other professionals or businesses ('reporting entities') that provide particular 'designated services'. All provisions of the AML/https://community.betfair.com/australian/go/thread/view/93998/30357395/legalaties---sportingbet?post_id=541703297#541703297http://www.austrac.gov.au/aml_ctf.htmlThe AML/CTF Act covers the financial sector, gambling sector, bullion dealers and other professionals or businesses ('reporting entities') that provide particular 'designated services'. All provisions of the AML/Fri, 03 Oct 2014 21:48:00 -0500And every cent that has gone in and come out has done so via a bank account with one of the 4 big banks. There is no cash deposits, no online wallets, nothing at all to warrant suspicion.Simple case of delay, get customers to fcuk off, and rort thehttps://community.betfair.com/australian/go/thread/view/93998/30357395/legalaties---sportingbet?post_id=541703247#541703247And every cent that has gone in and come out has done so via a bank account with one of the 4 big banks. There is no cash deposits, no online wallets, nothing at all to warrant suspicion.Simple case of delay, get customers to fcuk off, and rort theFri, 03 Oct 2014 21:41:25 -0500*over HALF a decadehttps://community.betfair.com/australian/go/thread/view/93998/30357395/legalaties---sportingbet?post_id=541703213#541703213*over HALF a decadeFri, 03 Oct 2014 21:38:00 -0500Yes, but I have put in 10, taken out 11, put in 10 taken out 11. There is no extra cash being used than was deposited 6 years ago. If they are suggesting that there is money laundering or fraud going on, then they are suggesting they have been permhttps://community.betfair.com/australian/go/thread/view/93998/30357395/legalaties---sportingbet?post_id=541703209#541703209Yes, but I have put in 10, taken out 11, put in 10 taken out 11. There is no extra cash being used than was deposited 6 years ago. If they are suggesting that there is money laundering or fraud going on, then they are suggesting they have been permFri, 03 Oct 2014 21:37:38 -0500I have had 5 bets with them in the last 2 months, all being a mere fraction of my normal bets, all on sport. They sent these demands out on the same day to all customers that received them as that is when they came up with the idea.https://community.betfair.com/australian/go/thread/view/93998/30357395/legalaties---sportingbet?post_id=541703187#541703187I have had 5 bets with them in the last 2 months, all being a mere fraction of my normal bets, all on sport. They sent these demands out on the same day to all customers that received them as that is when they came up with the idea.Fri, 03 Oct 2014 21:34:02 -0500Puts in 10...takes out 8...puts in 10 takes out 8.......puts in 10 takes out 8......Can hear the laundry washing machine .....puts in 10 takes out 8ding ding ding!!!unclee:The short of it is - CTF/AML is pretty serious stuffEasy to look up the Acthttps://community.betfair.com/australian/go/thread/view/93998/30357395/legalaties---sportingbet?post_id=541703175#541703175Puts in 10...takes out 8...puts in 10 takes out 8.......puts in 10 takes out 8......Can hear the laundry washing machine .....puts in 10 takes out 8ding ding ding!!!unclee:The short of it is - CTF/AML is pretty serious stuffEasy to look up the ActFri, 03 Oct 2014 21:32:34 -0500Doesn't fly. I have used the same bank account since 2008 with them when I opened the account. If there was an issue, the bank would have pulled me up over 250k in withdrawals from them. Problem for them, is the account is in profit, so there is nhttps://community.betfair.com/australian/go/thread/view/93998/30357395/legalaties---sportingbet?post_id=541703165#541703165Doesn't fly. I have used the same bank account since 2008 with them when I opened the account. If there was an issue, the bank would have pulled me up over 250k in withdrawals from them. Problem for them, is the account is in profit, so there is nFri, 03 Oct 2014 21:31:07 -0500