Sport is made for betting

Not sure if you had time to catch this 'article' which was linked from my news feed yesterday. News of the World claimed to interview a high-roller by the name of Elliott Short, who boasted of winning millions on Betfair. It sounded like a glory-seeking tosser making ludicrous claims, and it turns out it probably was.... The guy claimed to have been made redundant as a £22k per year city trader, then turned his hand to Betfair and was making millions. He boasted of laying the favourite, hoping the second fav would win - but if that lost, he'd also make money too. And he was winning up to £1.5 million at a time.... the Betfair market can't absorb that even in a championship race unless you drip feed it in over at least an hour. Betfair's response: We have been contacted by several customers in relation to an article in Sunday’s News of the World. We would like to make it clear that Betfair was not asked to comment on, or validate any aspect of, the article ahead of p...

bwin have been hammered for closing accts and poor customer service over the years. They even have a rule buried deep in their T&Cs prohibiting accounts from employed at other firms. But this one has to take the cake. The punter wins €2000 and then the bookmaker says 'sorry, we shouldn't have offered these bets to you in the first place'. There's no comeback for this. The punter has done nothing wrong, and bwin have remote staff based in Australia trading live on AFL and NRL matches. If that is not deliberately targetting Australian clients to bet in-running, then I don't know what is. Conveniently hiding behind rules to suit themselves, they know damn well what they are doing is wrong, but also that the Australian government will never prosecute a firm based overseas anyway. Every UK bookmaker offers betting in-running to Aussies, the only firm who restricts is Betfair because they hold an Australian licence. read the thread from OLBG - bwin shafts punter Pure ...