Are funds under £85k covered here by the FSCS?

I guess if Betfair opened a bank account in your name and put the money in there then they might be.

so no.

The gambling commission are consulting on changes to the rules about customers' money as they will be regulating everyone legally doing business in the uk by 2014.  If they go for a solicitors client money account type arrangement the 85k does apply to each customer.

So at the moment they would get 85k for us all to share ?

prob not even that as Gib don't insist on separation of customer money.

Nope, if betfair go down so does your money

still waiting for the sportingoptions directors to die