Betfair account suspension and winnings confiscation
If.
The five accounts (a,b,c,d,[myaccount]) were suspended under investigation of Premium Charge avoidance due to the inconsistent nature of betting activity. If the bookmaker is dodgy, then your funds will. They can't confiscate your money if you don't log in or prove your identity within a certain.
Your account will be suspended pending an investigation and you will likely forfeit your balance to make up any unpaid premium charge. .
Any winning is enough to get your account closed. You have.
Of course, this all discussion took a while and my account was suspended and money not paid out.
Backers who turn a profit on their betting can expect to have their accounts closed or restricted to betting in pennies as a matter of routine.
In the event of termination or suspension of your account, you will still be permitted: to complete any promotion or bonus you are currently wagering. It will be limited and/or closed regardless of winning or losing amount.
You don't have to withdraw it in instalments. Betfair support claims that they will pay out. Our accounts were blocked with about £ in each. Stay safe.
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Arbitrage is not illegal, even though some bookmakers forbid this type of betting in their T&Cs.
We tended to bet against Man City winning with the free bet so that it softened the blow if they didnt win.