General Betting
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BETFAIR SKIMMED 2.3 MILLION BY CROSSMATCHING
BETFAIR SKIMMED 2.3 MILLION BY CROSSMATCHING
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brendanuk1 Joined: 12 Jan 02
Replies: 19029 07 Nov 11 21:55 don't try to clever ask betfair |
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so it's basically BF arbing here on their own markets?
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I think the "cash out" function is a brilliant and exciting new innovation, that they have delivered for the benefit of their customers. On that basis I have submitted the following to the web chat:
"In the horse racing markets, I have recently noticed that the horses I back before the race sometimes shorten in price during the race - but by the time I have pressed all the buttons and submitted the bets to "green up", either the price has changed or (if it's on ATR) sometimes the race is actually over. So it would be great if you could introduce the exciting and innovative "cash out" facility to the horse racing markets to enhance my in-play experience. Many thanks. |
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My last two posts have been deleted by Betfair from this thread.
Therefore one can only conclude that my speculation was absolutely true. If nobody sees this Betfair certainly will, because they'll delete it. So for the benefit of Betfair: Thankyou for the invitations and various events. Thankyou to my account manager Alex, you did a wonder job of looking after me. Goodbye. If this post remains, to forumites, I suggest you do your own investigations re my recent discoveies. I have had many heated debates over the years, but no malice was ever intended or held. Every approach I posted was done honestly and in good faith, and they work as long as they are not poached by the greedy blue monster. I wish everyone well. P.S. Betfair please do not call me and ask why I'm not using the site, you won't like the abuse that you deserve. |
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lol, and you accuse others of paranoia, BTO . I only hope it's a proper goodbye and not Au revoir
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Let me get this straight... is BTO accusing BF of accessing his account in order to steal his methods and use them to enhance their cross matching operation?
When BF access user accounts I would not have thought it would show up on "my security" anyway, but I may be wrong. |
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Click and Win BTO, Click and Win - it's that easy remember!
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Here are some facts:
Recent payment was of GBP 2.43 or account holder's currency equivalent. Payment was notated in people's account something along the lines of "Aus Cross-Matching Residual payment/distribution" or something similar. To qualify for said payment, customers had to have wagered on any AUS-licenced event where the Cross-Matching account was active. There have been 27k+ events since the inception of this account in Dec-10. BF Aus are obligated by the Tasmanian Regulator to return all funds to customers. Not to be dangled as a carrot/reward or dressed up as a "bonus". And distributed evenly. The amount "allegedly skimmed" in this thread has been over-stated x10. The account can have winning days AND losing days. There are your facts. |
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"When BF access user accounts I would not have thought it would show up on "my security" anyway, but I may be wrong."
I am aware of at least 2 people who have eventually been sacked by Betfair for accessing other people's accounts, learning their methodologies and/or bets and passing on the information to other parties. I'm also not sure about the actual legality of Betfair's cross-matching bot/scam. If you place a bet on a runner in an event at a specific price, surely the exchange has no real rights to alter the terms and conditions of the said bet whether or not its in your favour. In the end they are manipulating your bet to suit themselves rather than the general userbase. Otherwise they wouldn't be making a profit. Seems to me this is a dubious practice at best and one of the reasons I no longer bet here. |
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When you submit a bet it can be matched at better odds without the cross matching being operational. Why would anyone not want that?
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Cheating at gambling may, in particular, consist of actual or attempted deception or interference in connection with the process by which gambling is conducted.
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Me : "When BF access user accounts I would not have thought it would show up on "my security" anyway, but I may be wrong."
DrWhom : I am aware of at least 2 people who have eventually been sacked by Betfair for accessing other people's accounts, learning their methodologies and/or bets and passing on the information to other parties. Yep I agree DrWhom that that does exist*, but I don't think it would show up on 'my security'? *That's the reason why I think Feck's proposal of a separate password to be given to BF employees at the account holders discretion is a good/necessary one. |
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That's the reason why I think Feck's proposal of a separate password to be given to BF employees at the account holders discretion is a good/necessary one.
Thanks Trevh. Incredible that it's taken so long for that to be seconded. |