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Our funds are ring-fenced even if they go bankrupt.
Don't panic ![]() |
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They'll cause their own share price to crash.
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this must involve certain banks as i have deposited and withdrawn several times
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Can't withdraw to Lloyds at the moment. Got pending amounts sat there. Do we know when this will be fixed?
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I think it's terminal.
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salmon spray......what about all the people who got credit and never paid them......was that money ring fenced.....it was in its hole.....I don't know anything about them going into liquidation.....but if they did.....you will find a big hole in the ring fence.....
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You read some tosh on this forum.Ring-fenced means EXACTLY THAT!!
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a bit like blue chip shares.....ya know the ones that couldn't possibly go bust......
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It would have to be fraud not just poor management if our funds disappear as I understand it.
But their inability to offer any explanation is going to lend credibility to all sorts of rumours. |
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"It's the obvious assumption. " Why ? Please explain.
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4 days of 'Pending Withdrawals' - what the hell is going on? I need this money.
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It's all guesswork at the moment. I have my own theory from what has already been posted on here but I'm not guessing. I'd rather be just given some form of answer or at least assurance by Betfair. At the moment, we're not getting that.
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Agreed Darlo and therein lies the worry.
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have they given a reason yet?
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Why is there no service message on the subject - it's been going on for 4 days now.
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Bilbo- are yours still pending? Mine have been wiped and returned to my Betfair balance. I'm unhappy about that.
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how they fck can they operate if we can't even withdraw out winnings??
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My Account and Betfair's Case Analysis
I think of some utility if some of you give a look at this thread that I wrote on same matter. With the detail of a real case...goodwork to everyone!! |
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THIS JUST SUMS UP BETFAIR,THERE TAKE MONEY U DEPOSIT BUT U CANT HAVE ANY FUNDS IN YOUR ACCOUNT.FIRST CLASS W@NKERS.HOW COME WE DONT HAVE ALL THESE PROBLEMS WITH DAQ OR ANY OTHER BOOKMAKERS.
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Mully - still pending here.
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It looks bad and when it looks bad it is
no more deposit lads .. lets see thats mt advice and it free |
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mine just gets clean knocked back, telling to try later
(yes there are funds) |
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I agree that they are just making things worse by giving no details. There is obviously a major problem and people are rightly worried. As money which appeared to have been successfully withdrawn has not found its way into people's bank accounts and there is no indication when it will I imagine some people will inadvertently go overdrawn and not be able to pay direct debits etc. Bf could have some problems if they don't rectify this soon.
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Im wondering whether to down tools
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Honestly it's annoying, but I really wouldn't be too worried yet.
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Has nobody asked what is going on? I have and am waiting on a reply.
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Dont place anymore bets with Betfair ..this stinks
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Yep. I'm still waiting as well Bilbo.
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just had money i withdraw LAST THURSDAY put back into my betfair account,this is going to cause me to go overdrawn,this is some kind of sick joke surely
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I haven't a clue who runs this company. It's not John Batten by any chance is it?
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IVE JUST ATLKED TO THEM AND THEY SAID MY THURS MORNING WITHDRAWL WAS COMPLETED ON FRIDAY MORNING WITH THEM ,THEY TOLD ME TO PHONE MY BANK UP I DID AND THEY SAID THERES NOTHING UP AT MY BANK ITS THEM
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In my opinion, the time to get really worried is when BF say that there's a problem and the IT people are working on it.
Then it's BIG. Until then, no news is, well, no news. |
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They are saying that to all e-mailers mememe at present. The time to worry is when they hide away from telling us anything publicly, and that is the present scenario.
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I LEFT HALF MY WINNINGS IN MY BETFAIR ACCOUNT AND WITHDREW THE OTHER HALF ,IM GLAD I LOST THE HALF IN MY BETFAIR ACCOUNT OR OTHERWISE I WOULD STILL BE WAITING FOR THAT AS WELL
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Thanks LoyalH.
If BF say that they've got IT issues then I would readily, easily and incontrovertibly believe them. They have a long and very undistinguished track record re IT. Their IT capability has to be amongst the worst for any public company. |
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GERALD CORBETT is chairman and Gerald’s previous role Chairman of WOOLWORTHS Group plc lol say it all
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im taking mine out straight away......im not putting up with this carry on any more.....
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I wouldn't be overly concerned about Betfair's underlying position. The share price is down 12p today (1%) on a weak day for the markets generally. If there was even a rumour of a serious problem then I would expect the price to of dropped considerably more.
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My thoughts too flukes.
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