Betdaq exchange : Betdaq Account suspended

The purple place, the most viable alternative to the Betfair exchange
User avatar
Euler
Posts: 19775
Joined: Wed Nov 10, 2010 1:39 pm
Location: Bet Angel HQ
Contact:

Mon Jan 28, 2019 7:02 pm

The thread was created just to see if anybody else had seen the same thing.

User avatar
Tuco
Posts: 362
Joined: Wed Apr 15, 2009 1:43 pm

Mon Jan 28, 2019 7:03 pm

foxhound wrote:
Mon Jan 28, 2019 6:29 pm
Mine have nothing to do with bonus, i simple got matched by someone else bot
I think the same might have happened with me - I left some money up over Christmas whilst away and some was taken at unfavourable odds as it has since turned out.

The phone call was out of the blue and I think the BetDaq guy mentioned this:

(iii) we suspect that Members are acting in a manner that is detrimental to the conduct of BETDAQ's business

foxhound
Posts: 12
Joined: Tue May 16, 2017 2:12 am

Mon Jan 28, 2019 7:10 pm

Tuco wrote:
Mon Jan 28, 2019 7:03 pm
foxhound wrote:
Mon Jan 28, 2019 6:29 pm
Mine have nothing to do with bonus, i simple got matched by someone else bot
I think the same might have happened with me - I left some money up over Christmas whilst away and some was taken at unfavourable odds as it has since turned out.

The phone call was out of the blue and I think the BetDaq guy mentioned this:

(iii) we suspect that Members are acting in a manner that is detrimental to the conduct of BETDAQ's business
Alright thanks for the input and good luck with your situation

eightbo
Posts: 1648
Joined: Sun May 17, 2015 8:19 pm
Location: Barcelona

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.

User avatar
LeTiss
Posts: 4748
Joined: Fri May 08, 2009 6:04 pm

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

User avatar
Naffman
Posts: 4469
Joined: Sun Aug 11, 2013 5:46 am

Wed Jan 30, 2019 9:08 am

They're all as bad as each other

User avatar
wearthefoxhat
Posts: 1595
Joined: Sun Feb 18, 2018 9:55 am

Wed Jan 30, 2019 2:44 pm

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: 8691
Joined: Wed Aug 30, 2017 11:44 am
Location: UK

Wed Jan 30, 2019 3:14 pm

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

Wed Jan 30, 2019 9:12 pm

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

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

Post Reply

Return to “Betdaq exchange”

  • Information
  • Who is online

    Users browsing this forum: No registered users and 1 guest