Betfair suspends player account and debits ?32,000 in premium fees

12/26/2010 12:49:50 PM - Betfair (SBR rating A) has charged a player €32,000 in premium fees. On December 2nd, the player's account was suspended. On December 15th, Betfair reopened the account after debiting the player's account for what it said was "suspicion of premium charges evasion"....

12/26/2010 12:49:50 PM -
Betfair (SBR rating A) has charged a player €32,000 in premium fees. On December 2nd, the player's account was suspended. On December 15th, Betfair reopened the account after debiting the player's account for what it said was "suspicion of premium charges evasion". The player states that he has only bet in 150 markets over the last 4 months, and therefor should not have to pay the assessed fee. Betfair justified its seizure to the player by stating that he and four other accounts from his country made similar bets in similar markets. The player denies having any relationship with the other four account holders. Betfair responded to SBR's request for comment by stating the following:

Betfair: [quote]Unfortunately, as before, I am unable to comment on the specifics of any such case (though hopefully this won't lead to you to the conclusion that the players version is always true) where fraud may be an issue.

Some general points that may help you here though

We have a premium charge that is payable by a very small proportion of our customers. Some customers may try to avoid paying the premium charge by structuring their betting in a particular way. If we find a customer has tried to do this, then we deduct the relevant premium charge from their accounts in accordance with our terms and conditions. All those liable to the premium charge are made aware of these terms and conditions.[/quote]

Posted originally: 2010-12-26 12:49:00

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