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Opened the account in December 2024 winning over 22k paid £9600 in commission so 11k in front and they slap a 100 a month as my spend budget
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Replies: 128
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Respect for the mega profit. £100 a month (my limit too) is moronic and incomprehensible.
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Maybe better speaking to Betfair rather than posting on here.?
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Crazy.
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Spoke to them want proof of wealth so they don't take winnings into consideration
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Proof of wealth ffs,what’s this country coming to….
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Affordability Checks.
That’s a big chunk of commission in a short time frame. |
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This is gonna sound harsh - But I think you need to ask yourself why you need to make a deposit (given the figures you have posted) and is there's anything you could have done to avoid this situation?
It's not like this is a new or unreported issue - we're a good few years into this nonsense now. Losers are pretty much fecked and have very limited control over their situation; taking your figures at face value, as a winner, you had it entirely within your own gift to avoid this scenario. |
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I will post the expert fee portal is someone can tell me how to put it up
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was paying the 5% as thought it would take longer to get to the expert fee but didnt know the commission was counted as winnings
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Are you withdrawing and depositing regularly? That’s a bit of a red flag to them.
As TM has alluded to, the deposit limit is irrelevant if you’re consistently winning. |
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Why do you need to deposit?
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I thought the arbitrary £100 per month limit was only for those who refuse to acquiesce to document requests?
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made a few withdraw and made some deposits then they waited till the balance was 0 then applied the limit if they got onto me when had 8k in there wouldnt of made any withdrawls but they wait till you have 0 then do you up
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totally underhanded made a complaint but came back saying they have to undertake these steps and that is there final decision
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Balance went down to 0 thats why i had to deposit
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I hope you were getting a megatastic rate of interest on that £8k in your bank
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You could show them proof of income. That would raise your limit.
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did drop it down to the 2% when i hit the expert fee as i had no buffer
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willing to post the expert fee page if anyone can tell me how to do so going forward if this can help others to avoid the trap i fell into with these stupid requests
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There is only rule you need to know---DON'T DEPOSIT.
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JML IS SPOT ON
You are where you are due to Withdrawals (or more accurately) because your excessive withdrawals forced you to make the deposits that trigger all this guff. You just needed to always maintain an operational balance (and a decent buffer for any variance) in order to avoid ever having to deposit. |
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Have you refused to comply with AC?
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Yes why should you have to comply if your account is in front if I was doing 10k I could understand them asking questions
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quite simple really..unless the money is needed leave a healthy balance.
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How much of ure betting is In running on horses?
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The Management 18 May 25 14:02
JML IS SPOT ON You are where you are due to Withdrawals (or more accurately) because your excessive withdrawals forced you to make the deposits that trigger all this guff. You just needed to always maintain an operational balance (and a decent buffer for any variance) in order to avoid ever having to deposit. Not necessarily IMO, it's behaviour that is as just as important, I'm lifetime profitable but in all the 20+ years on here I have deposited and withdrawn regularly, I am an I/R backer so have big swings either way but my betting behaviour is always the same, bet on the same stuff endlessly, no alterations even when on a losing run. Maintaining the same betting patterns particularly through losing runs with no hint of appearing to be susceptible to chasing is a really big deal to whether you're pulled by them. To date I have never heard a peep out of any betting operator on the issue of A/C. |
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duffy - I think you are giving them far to much credit. You make it sound like there is a sophisticated & intelligent algorithm or that somebody knowledgable & experienced is analysing each "triggered" account in depth before any action is taken. The reality (imo) is much more crude/basic, fallible (and cheaper!).
Being Lifetime Net profitable (assuming your "lifetime" is of sufficient duration) might be what is saving you (imo). But when you look at all the cases I have ever seen, depositing is pretty much always the trigger (as one would expect). |
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Would it be a daft question to ask, as to why you've only opened a BF account last December?
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My trigger for the safer gambling police interrogation was late night and early morning betting activity. Not deposits. However this is as flawed a strategy as saying because i buy wine to drink later on with my daily shop at 1pm i must be any alcoholic because i buy wine at 1pm.
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Only chance of doing away with this nonsense is to vote Reform into power next election.
Farage likes a bet and would listen to us! First this he should do would be to disband the Gambling Commission. |
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He has lost his deposit a couple of times tbf
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Deposit 100, win a million, withdraw the million, and immediately it's like the million won never existed. You'll still be deposit-restricted.
Why do they never explain such a nonsense approach? |
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Wouldn't make a difference, the books have been restricting for years anyway, this just gave them an excuse to continue, unless they were forced to accept a bet by law like in Spain "which will never happen over here" they won't stop restrictions.
Been saying since the start of all this, the states is opening up to them, they do not need us and don't care. |
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Mostly bet in running I'd say 98% a loss on greyhounds where I was getting out of positions but they are total blinkered and these people who make these decisions have no clue about gambling so if you do play a different product then that's against the laws because how they treat you it seems that way suppose it's like doing a crime and waiting for the knock on the front door by the Betfair police just no common sense being used
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Smark....ets.....****.....match.....book.......
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Bet........
...daq |
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But they've always struggled inrun
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Tried purple that's why I come over to this lot as purple nothing in there if you think bf is bad try them matchbook no betting assistant hit the experience just before Cheltenham they have me the week grace which would of had to pay £862 then hit abad run then suppose the top us along the way and a deposit of 3 k then lost that then went to go again then the big stewards inquiry
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