Orbit game investigated and funds frozen (resolved)

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arbusers
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Re: Orbit game investigated and funds frozen

Mon Nov 01, 2021 9:32 am

Thank you All for responding and for your PMs.
I have sent my questions to 2 agents and expect their replies.
It would help me if someone could say what is the status of Betfair genuine accounts that took part in the action.
Thank you.
geetz
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Re: Orbit game investigated and funds frozen

Mon Nov 01, 2021 10:16 am

1. The winning sum was withdrawn from the balance without prior notice, can keep using the account though.
2. Orbit by asianconnect

Thank you for your concern.
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Re: Orbit game investigated and funds frozen

Mon Nov 01, 2021 11:36 am

I am updating and quoting the official answer from AC:

"The bet was deducted by upline due to this match Fixtures 23 Oct / EC Vitoria Salvador v Brasil de Pelotas
This is part of an ongoing Betfair investigation on that particular event

When they'll give an update we'll let you know"
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Re: Orbit game investigated and funds frozen

Mon Nov 01, 2021 11:44 am

Same vague response from all agents but we are their customers and they took our balances. If you take someone's money at least you need to have more detailed and up to the point explanation. We need also reasonable timeframe for resolution on this.
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Re: Orbit game investigated and funds frozen

Mon Nov 01, 2021 2:37 pm

geetz wrote:
Mon Nov 01, 2021 10:16 am
1. The winning sum was withdrawn from the balance without prior notice, can keep using the account though.
2. Orbit by asianconnect

Thank you for your concern.

Could someone else also confirm the releasing of the funds with the exception of the winning sum from AsianConnect Orbit accounts?
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Re: Orbit game investigated and funds frozen

Mon Nov 01, 2021 3:02 pm

yeah, same story here. But not sure what he meant by "winnning sum". I traded there (both pre-ko and inplay) with few thousands. Made a loss in the end. They deducted some from my account but cant figure out why this amount really, tried to add amounts I traded with and nothing is right there. Must be part of the amount I traded with, why - no idea. Considering this situation being extreme annoying Im happy my account isnt blocked completely. Still, my trades there are SETTLED as lost (and my account statement shows hundred eur loss there) so what the hell, you either dont settle bets at all let them wait as pending etc and wait for investigation result or confirm nothing wrong with the bets and dont hold balance.
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Re: Orbit game investigated and funds frozen

Mon Nov 01, 2021 5:03 pm

They settled all lost bets as lost. They also settled won bets as won but deducted without consent all winnings that originate from the won bets. This leaves traders like us in very bad situation because:

If you placed back bets of 1000 Eur and won from them 1000 Eur profit.
You placed also lay bets of 1000 Eur while trading out.
Your net profit from the market is zero.
But you got deducted with 1000 Eur of your balance.

Hope that clears the confusion what amounts are being blocked.
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Re: Orbit game investigated and funds frozen

Mon Nov 01, 2021 6:44 pm

No point asking BF. They wont tell anyone cause they dont know how long its gonna take. You wont make them speed up, only way is make an compliant to their regulators. Too lazy to find out but guess they got some bullshit like "we reserve right to undergo investigation as long as needed" in T&C which legalize in theory investigating forever...
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arbusers
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Re: Orbit game investigated and funds frozen

Mon Nov 01, 2021 6:56 pm

BM11 wrote:
Mon Nov 01, 2021 5:03 pm
They settled all lost bets as lost. They also settled won bets as won but deducted without consent all winnings that originate from the won bets. This leaves traders like us in very bad situation because:

If you placed back bets of 1000 Eur and won from them 1000 Eur profit.
You placed also lay bets of 1000 Eur while trading out.
Your net profit from the market is zero.
But you got deducted with 1000 Eur of your balance.

Hope that clears the confusion what amounts are being blocked.

Is this what happened to you account?
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Re: Orbit game investigated and funds frozen

Mon Nov 01, 2021 7:33 pm

arbusers wrote:
Mon Nov 01, 2021 6:56 pm
BM11 wrote:
Mon Nov 01, 2021 5:03 pm
They settled all lost bets as lost. They also settled won bets as won but deducted without consent all winnings that originate from the won bets. This leaves traders like us in very bad situation because:

If you placed back bets of 1000 Eur and won from them 1000 Eur profit.
You placed also lay bets of 1000 Eur while trading out.
Your net profit from the market is zero.
But you got deducted with 1000 Eur of your balance.

Hope that clears the confusion what amounts are being blocked.

Is this what happened to you account?
Exactly this, those above are example figures but mine are 4 digits as well.
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Re: Orbit game investigated and funds frozen

Mon Nov 01, 2021 7:36 pm

BM11 wrote:
Mon Nov 01, 2021 7:33 pm
arbusers wrote:
Mon Nov 01, 2021 6:56 pm
BM11 wrote:
Mon Nov 01, 2021 5:03 pm
They settled all lost bets as lost. They also settled won bets as won but deducted without consent all winnings that originate from the won bets. This leaves traders like us in very bad situation because:

If you placed back bets of 1000 Eur and won from them 1000 Eur profit.
You placed also lay bets of 1000 Eur while trading out.
Your net profit from the market is zero.
But you got deducted with 1000 Eur of your balance.

Hope that clears the confusion what amounts are being blocked.

Is this what happened to you account?
Exactly this, those above are example figures but mine are 4 digits as well.
To sum up, you are saying that...
All lost bets were graded as lost.
All won bets were returned. but not the winnings.

Is that correct?
BM11
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Re: Orbit game investigated and funds frozen

Mon Nov 01, 2021 8:08 pm

arbusers wrote:
Mon Nov 01, 2021 7:36 pm
BM11 wrote:
Mon Nov 01, 2021 7:33 pm
arbusers wrote:
Mon Nov 01, 2021 6:56 pm



Is this what happened to you account?
Exactly this, those above are example figures but mine are 4 digits as well.
To sum up, you are saying that...
All lost bets were graded as lost.
All won bets were returned. but not the winnings.

Is that correct?
Exactly, that's why I am saying it's pathetic...
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Re: Orbit game investigated and funds frozen

Tue Nov 02, 2021 8:09 am

@BM11 What is the name of your agent?
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Re: Orbit game investigated and funds frozen

Tue Nov 02, 2021 8:48 am

arbusers wrote:
Tue Nov 02, 2021 8:09 am
@BM11 What is the name of your agent?
Betinasia
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Re: Orbit game investigated and funds frozen

Tue Nov 02, 2021 4:45 pm

Scheduled for tonight. Just wonder if this one means funds frozen as well...
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