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rolo2
02 Apr 12 14:34
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Date Joined: 23 Feb 09
| Topic/replies: 13,546 | Blogger: rolo2's blog
Any saffers still using betfair? Got a call from sa reserve bank today, scared the hell out of me. mentioned R10mill fines and jail sentences. made me promise on voice recording that i will never do it again. apparently it does not matter where you live, if you are gambling on betfair you are breaking the law and can be fined R10mill.

Anybody knows more about this? Sad

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Replies: 5
By:
rolo2
When: 02 Apr 12 14:37
Sorry thread title should read '...still on here'

And call was nto from reserve bank, but was from my bank on instruction of the reserve bank who requested the recording. I'm still shaking Plain
By:
Northbouy
When: 02 Apr 12 16:14
I would contact betfair and ask them what they know about it.
By:
Ferencvaros
When: 02 Apr 12 18:26
Never do again what? Do you use direct bank transfers or a credit card at betfair? What is about Moneybookers or Neteller?
By:
rolo2
When: 02 Apr 12 20:28
with credit card, i had requested a new credit card to be issued through my bank, and they had to run it by the reserve bank to be able to issue it to a foreign address. they did that, and then can back to me and said that the reserve bank has spotted payments to betfair.

it's not only a case of funding your betfair account with a saffer credit card, it is completely illegal for south africans to use betfair apparently. Mischief
By:
rolo2
When: 02 Apr 12 20:30
srry that should read 'came back to me' and 'the reserve bank had spotted' Plain
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