Betdaq Account suspended

The purple place, the most viable alternative to the Betfair exchange
User avatar
Naffman
Posts: 5626
Joined: Sun Aug 11, 2013 5:46 am

They're all as bad as each other
User avatar
wearthefoxhat
Posts: 3206
Joined: Sun Feb 18, 2018 9:55 am

LeTiss wrote:
Wed Jan 30, 2019 9:02 am
How can you get suspended for being matched at unfavourable odds, due to a misfiring bot?

That's all part and parcel of the exchange ecosystem - if you are going to run the risk of automating your trades, then you have to carry the can when it fucks up. To suspend people is plain wrong
It might have been interpreted as some form of money laundering.
User avatar
Derek27
Posts: 23477
Joined: Wed Aug 30, 2017 11:44 am
Location: UK

I've seen a 5-figure sum matched in a low-liquidity US race, the single bet taking up 99.9% of the market turnover. That could have been money laundering or transferring money between Betfair accounts, but unless the irregularity was something as eye-catching, they must have some very crude and indiscriminately algorithms at work to be suspending so many Betdaq accounts.
foxhound
Posts: 12
Joined: Tue May 16, 2017 2:12 am

eightbo wrote:
Tue Jan 29, 2019 11:20 pm
Euler wrote:
Mon Jan 28, 2019 7:02 pm
The thread was created just to see if anybody else had seen the same thing.
In hindsight my previous post was rather ignorant.
Apologies @foxhound — wrong first impression. Welcome to the forum.
No problem, yeah i was just looking if there were more people.
Thank you
foxhound
Posts: 12
Joined: Tue May 16, 2017 2:12 am

So they will give back the money and permanently suspend my account, but still they won't give me the reason why my account was suspended in the first place, crazy
invisiblelayer
Posts: 245
Joined: Fri Sep 10, 2010 7:08 pm

foxhound wrote:
Thu Jan 31, 2019 5:21 pm
So they will give back the money and permanently suspend my account, but still they won't give me the reason why my account was suspended in the first place, crazy
UK based I take?
foxhound
Posts: 12
Joined: Tue May 16, 2017 2:12 am

invisiblelayer wrote:
Thu Jan 31, 2019 6:03 pm
foxhound wrote:
Thu Jan 31, 2019 5:21 pm
So they will give back the money and permanently suspend my account, but still they won't give me the reason why my account was suspended in the first place, crazy
UK based I take?
Yes but i'm portuguese, the only reason i can think off is that they put some money in the markets
User avatar
gstar1975
Posts: 615
Joined: Thu Nov 24, 2011 11:59 am

foxhound wrote:
Mon Jan 28, 2019 6:02 pm
I got my Betdaq account provisionally suspend. pending a risk and compliance review.
Anyone heard of something smilar?
Yes me too. They said it was due to me using a VPN.
foxhound
Posts: 12
Joined: Tue May 16, 2017 2:12 am

gstar1975 wrote:
Mon Mar 18, 2019 5:06 pm
foxhound wrote:
Mon Jan 28, 2019 6:02 pm
I got my Betdaq account provisionally suspend. pending a risk and compliance review.
Anyone heard of something smilar?
Yes me too. They said it was due to me using a VPN.
You can only access Betdaq from countries where they have license
User avatar
gstar1975
Posts: 615
Joined: Thu Nov 24, 2011 11:59 am

foxhound wrote:
Mon Mar 18, 2019 9:58 pm
gstar1975 wrote:
Mon Mar 18, 2019 5:06 pm
foxhound wrote:
Mon Jan 28, 2019 6:02 pm
I got my Betdaq account provisionally suspend. pending a risk and compliance review.
Anyone heard of something smilar?
Yes me too. They said it was due to me using a VPN.
You can only access Betdaq from countries where they have license
Even with a VPN?

Is that the same for the Betfair Exchange?
foxhound
Posts: 12
Joined: Tue May 16, 2017 2:12 am

gstar1975 wrote:
Tue Mar 19, 2019 12:46 pm
foxhound wrote:
Mon Mar 18, 2019 9:58 pm
gstar1975 wrote:
Mon Mar 18, 2019 5:06 pm


Yes me too. They said it was due to me using a VPN.
You can only access Betdaq from countries where they have license
Even with a VPN?

Is that the same for the Betfair Exchange?
Yes, is the same thing with Betfair.
User avatar
firlandsfarm
Posts: 2688
Joined: Sat May 03, 2014 8:20 am

gstar1975 wrote:
Tue Mar 19, 2019 12:46 pm
Even with a VPN?
Yes, that will raise their suspicions because it hides your location. Imagine it like this …"hey, look at these transactions, they look dodgy to me … and he is using a VPN!" I used to do some forensic financial investigations and if you saw smoke you would see if there is a fire. :)
User avatar
BetScalper
Posts: 1139
Joined: Sun Jul 02, 2017 10:47 pm

My understanding is if your using a VPN that is not UK based or in a country that doesn’t have an exchange license then you are breaking their T&Cs.

And sooner or later they will suspend and/or close your account.

Not as bad as poker sites though. If they suspect your running an automated poker bot or indulging in table player collusion then they also seize your account funds. And good luck trying to get any of it back without a high court case. Expensive.
User avatar
gstar1975
Posts: 615
Joined: Thu Nov 24, 2011 11:59 am

So how come you can use a Betangels VPS to access Betfair from abroad?
User avatar
Dallas
Posts: 22674
Joined: Sun Aug 09, 2015 10:57 pm
Location: Working From Home

gstar1975 wrote:
Wed Mar 20, 2019 12:44 pm
So how come you can use a Betangels VPS to access Betfair from abroad?
A VPS is a physical server and in the case of Bet Angels there's are located here in the UK so have UK IP addresses and connect directly to the BF and BD servers so work exactly the same as connecting from your own PC

A VPN routes you through IP addresses, so only takes one IP to be located in a banned country or used by many others etc and it flags alarms at BD and BF
Post Reply

Return to “Betdaq exchange”