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Don't they have £150m in cash on the balance sheet? At least that what they talk about on the investor broadcasts. With ring fenced client accounts and that much saved up over the years I cannot see they going into liquidation.
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Its certainly an eye opener though. Some people make 11 withdraws in 4 days. Maybe they should scrap the Premium Charge and charge people to with draw more than once a month or something. It must be a massive burden on their expenses.
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If this fiasco hit's the press, expect a share plunge....
financial@theguardian.com newseditor@independent.co.uk |
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I think somebody as got into people accounts.thats why betfair have said nothing until it as been sorted.
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Tell the pensioners who lost there 100% safe pensions about this steel ringed guarantee. See what they tell you.
World financial system close to collapse NOTHING IS SAFE no matter what you think |
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exactly frog,there was even one dafty withdrawing £20...
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what about the oxford bet how safe do you reckon ?
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Ring Fenced means what it says.
Only an act of criminality by BF could affect Clients Funds. |
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4 days no withdrawals no answers from Help Desk No solution in sight Maybe tomorrow or the day after
Disgraceful |
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Patrick, if you read the post he also withdrew £550, anyway what is daft about withdrawing £20? you could withdraw 50 pence if you wanted, and Betquack have a minimum of £10
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read the rest of his recent posts concerning betfair's IT problems . he's heading for the exit
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Thats what you think racing star.
Governments make laws and break them. NOTHING IS SAFE NO MATTER WHAT YOU BELIEVE WW3 is imminent Look on the bright side your money is of no use after russia has nuked you |
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i wouldn't listen to a word patrick starr says. potless oaf with a personality complex.
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Racingstar, there are many ways a company can get around ring fencing, and many do
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Anyone had withdrawals made last week paid back into their accounts today
I did Good way for you to spend more money on Betfair!!!! |
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The problem has been resolved for me, I bet on Friday and couldn't withdraw till just now. Good luck everyone
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How do you know your withdrawal has actually gone through Mlewis. You could find it back in your Betfair Account in 3 or 4 days.
This is a problem Betfair now have which sometime or other they are going to have to face up to and come clean. |
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I still can't withdraw
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No I cant withdraw either Live Chat says maybe tomorrow but clueless and giving nothing away WHY!!!
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TEABAGHDAD..
About time that you got back to work banned-banks.. Oh you cannot you have been suspended from the GC... Seems like they have given that broom to another though if you are making such outlandish statements... Take more water with it and remember that betfair have all your names and addresses including that of your real abode - that rather cheap bedsit in Ladywood.... |
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Amongst the the Social Housing Blacks,HFT?
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ring fenced client accounts dont exactly help if the client account itself has been subject to these dodgy withdrawals which betfair is worried about, do they?
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My withdrawal from Saturday has now vanished. No money appeared in either my bank or Betfair account.
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steview84 24 Mar 14 19:20 Joined: 06 Jan 05 | Topic/replies: 6,183 | Blogger: steview84's blog
i wouldn't listen to a word patrick starr says. potless oaf with a personality complex. ![]() Its just great watching you flap around for your £20 stevie,you've smashed your personal best of consecutive posts without mentioning UNITED! ![]() |
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20 Sovs????
What would be the point of drawing such a pitiful amount? |
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haha
paddy making up amounts in a fierce counterargument. proves my point. |
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http://www.betfair.com/aboutUs/Trust.Deed/
if anyone wants to know exactly where and how our funds are kept |
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dont worry stevie,your scores on its way mate,theres a pigeon just departed from hammersmith on its way to huyton.
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thats great news. thanks paddy.
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racingstar 24 Mar 14 19:39 Joined: 22 Oct 08 | Topic/replies: 4,733 | Blogger: racingstar's blog
Amongst the the Social Housing Blacks,HFT? No just googled "cheap areas where those who work for the GC in Birmingham would live" and up popped Ladywood.. Never heard of the place before.... Just thought that banned-banks deserved a change of luck..... |
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He will be fortunate to be alongside the "unfortunates" if he keeps posting libellous remarks about BF,HFT
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Darlo Bantam 24 Mar 14 19:41 Joined: 27 Mar 07 | Topic/replies: 18,102 | Blogger: Darlo Bantam's blog
My withdrawal from Saturday has now vanished. No money appeared in either my bank or Betfair account.. Hey I am no fan of this site.It is poorly run,has a dodgy customer interface and those on the phone think that they are doing you a favour by speaking to you.. In short I may make a comeback in the Gaming World and am available to run the site.. But no the site is not going ti ts up it is the usual arrogance and lack of Customer Response that they are famed for.. Darlo - it is only Monday and there is no way that the cash would be in your bank account by now.. |
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Can't withdraw, have been trying since Sunday(try later appears)and I'm with Barclays. Also when I try to withdraw through paypal it says I'm not authorised to use. Then tried a bank transfer - no joy. Sent 2 emails neither answered. Like others here, it is hard to accept why such a major concern does not at least making some statement for the sake of their users. Why keep us in the dark and act like it isn't happening. Very odd and very worrying.
similar to me and I'm also with Barclays - I get the message "We were unable to process your withdrawal at this time. Please try again later" - I have also tried a cheque and paypal |
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Actually I have just changed my mind..
Would not let me post and so I restarted my (£1500) computer three times and have been lead around the garden path to get back on here... There is something seriously wrong with the whole outfit.. They must be on the wrong end of a major issue.... I may post on the sites that I use to force down the share price of some of our more rancid "Bookmakers"..... |
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had my natwest withdrawal ok... took a few days longer than normal but appeared last friday.
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All my Withdrawals are no longer pending, Which i hope is a good thing!
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just got in and seen this thread......phoned the help desk over 20 mins ago and still holding, 'all our advisors are currently busy, please continue to hold and we will answer your call as soon as possible'
never been kept waiting this long before, bloody joke, what is going on ?........ they should make one simple announcement to clear this up or is something seriously wrong ?? |
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The longer they say nothing the worse it looks.
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.....must be a lot of people trying to get through to the help desk, either that or they are just not answering.....I've been holding on for over half-an-hour and just given up !
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