There is currently 1 person viewing this thread.
any else had a demand for bank and pay statements. I had had an account for a decade and they decided to treat my like some sort of criminal. Waiting until they suspend my account but I will not comply.
sort by:
Show
per page
Replies: 52
|
By:
Is this a serious post? If so then where have you been for the last three years? Typical practice now for any betting account in the UK once you hit a certain deposit/spend threshold.
|
|
By:
Comply or dye
|
|
By:
Spot on Quite a few accounts gone, due to none Compliance
|
|
By:
Seems to be the Case
|
|
By:
Can you think of any other firms who wont let their customers spend their own money?
Must be a "big" agenda to stop animals being used for sport. |
|
By:
Loads on ere put on a tonne a month
|
|
By:
Until proof supplied
|
|
By:
Thought it had slowed down. Did u have big losses lately. Or did u deposit quickly several times
|
|
By:
@barstool
"Can you think of any other firms who wont let their customers spend their own money?" Can you think of any other industry (other than financial services) that gets hit by a regulator if their customers go broke buying their products? No-one goes after Gucci or Porsche if someone spends all they have (and perhaps what they don't have) on their products, but they go after gambling firms. "Must be a "big" agenda to stop animals being used for sport." Can't see it being that - racing is a dying small fraction of the gambling market, and people on the Football forum have been equally vociferous about affordability/AML checks. |
|
By:
@barstool
"Can you think of any other firms who wont let their customers spend their own money?" Can you think of any other industry (other than financial services) that gets hit by a regulator if their customers go broke buying their products? No-one goes after Gucci or Porsche if someone spends all they have (and perhaps what they don't have) on their products, but they go after gambling firms. "Must be a "big" agenda to stop animals being used for sport." Can't see it being that - racing is a dying small fraction of the gambling market, and people on the Football forum have been equally vociferous about affordability/AML checks. |
|
By:
Fook all to.do with animals. Cricket and footy. Are biggest in ere
|
|
By:
jussed dont loose.
|
|
By:
It's most definitely ideological (from the regulator, betting firms are the proxy but they can use it to advantage). They'll be coming after anyone with capital over the next few years anyway!
|
|
By:
Im amazed the approach wasnt to tax it first rather than to effectively restrict it.
|
|
By:
its not betfair that is the issue....its government...im stuck on 500 per month on here, which is why i dont use it much, although the amount does increase as you win, but resets every month.
on **** in on 2 grand a day....for deposit. |
|
By:
bet daq
|
|
By:
it is a bit odd, that bet daq decided on 2 grand per day maximum deposit, irrespective of profit/loss whilst betfair decided on 500 per month, with that amount going up if you win within the monthly period.
|
|
By:
aye im 2k max daq.
|
|
By:
These checks are so wrong....but why do so many object to complying? Credit checks are done without anyone knowing anyway.
I have never been asked by any bookie etc, but I do not care who sees my financial details and if everyone that was asked sent in the information, the firms would soon be overloaded with work and become pretty tired of the idea. |
|
By:
As discussed previously about ACs, I think it's the intrusive nature of knowing every transaction or purchase you might make - why should anyone need to know that much detail? Most wouldn't even allow a close friend to know that much about their activity in their life, let alone a faceless employee in some company.
|
|
By:
The obvious joke is about a 'dodgy' looking transaction on a personal level (e.g. Porn or something similar), but even without that level of sensitivity, just knowing how someone operates daily in their transactions such as business or pleasure is wrong for all levels of privacy.
|
|
By:
They might be looking for a few strange Deposits into the account followed by deposits into Betfair ,and vice versa
Not sure they are interested in Bishop Bangers , plenty of them on betfair . I take your point Stu , but failure to disclose may eventually lead to a Dear John email for some . |
|
By:
An ethical compass one might call it, there's no way on God's green earth anyone is seeing my private day to day banking information so that I can spend my own money. And if that means I need to sacrifice a hobby, so be it. Absolutely no issues providing that information to a lender giving me hundreds of thousands of capital in order to purchase a property. So that I can deposit my own money to have a bet? No thanks, on yer bike.
|
|
By:
I do not mind if bookies recourse credit agencies but I'll never let a bookie see my bank statement or anything relating to my financials. The bookies can access credit agencies, but not my bank statements. I do not trust the bookies or any entity associated or employed directly by bookies; horseracing is not that important or valuable to me.
|
|
By:
There's also an utter irony that at the same time the GDPR regulations are trying to ram 'privacy' down our necks in many other areas of work and business!
So protect privacy vehemently for many useless bits of information that people might use daily, but please show some nameless person all of your daily activity in minute detail!  |
|
By:
Weatherbys wanting source of income for horse syndicate owners
|
|
By:
REALLY???
 |
|
By:
In the rp
|
|
By:
Nick Luck appeared to be defending it today on rtv (when he wasn't [bizarrely] bullying Liz Truss).
|
|
By:
How awful.....bullying Liz Truss, your hero....
|
|
By:
freddiewilliams • August 18, 2024 2:41 PM BST
Weatherbys wanting source of income for horse syndicate owners I would guess this is anti-moneylaundering/proceeds of crime, rather than affordability. |
|
By:
How awful.....bullying Liz Truss, your hero....
Completely bizarre. Truss has nothing to do with horse racing and not even been in office for nearly two years. Luck was drooling over the fact that two tier's wife was at a race course in a private capacity when nobody would have had a clue about who she was or if she was there (or care). Yet he seemed perturbed about Truss being on a racecourse. He should try leaving his Labour fanboydom at the studio door. |
|
By:
Cider is an idiot, a racist and a fascist.
|
|
By:
Stalker alert !
|
|
By:
Lucky being a Labour fanboy just doesn't ring true somehow
 |
|
By:
a fascist indeed. a word wildly over-used and devalued by it and actually offensive
in reality people like laughable mean 'someone i dont like'. and therefore must be a fascist and probably a racist |
|
By:
"It is very political and riven with division, often to its detriment, but it does have a canny survival instinct. Sometimes I think it's that simmering tension that allows it to survive. Racing is a bit like a less unpleasant version of the Tory party."
https://www.racingpost.com/news/features/interviews/nick-luck-i-said-then-i-could-die-a-happy-man.-and-weeks-later-i-nearly-did-asqz91R99jOM/ |
|
By:
mitolo 18 Aug 24 16:43
a fascist indeed. a word wildly over-used and devalued by it and actually offensive Not overused at Dalston when I attended in 1962. |
|
By:
Luck is typical raging champagne socialist in my view. Quite happy to gobble up all the arab money, but will push all the high status virtues.
|