Betfair Premium Charge case

[r.roussinov]

Dear xxxxxxxxxxxxxxxxx,

The 2 accounts (***** & *****) have been under investigation of Premium Charge evasion due to the inconsistent nature of betting activity conducted across the accounts. Specifically, it is clear that the activity conducted across the accounts is the distribution of a single betting strategy.

In respect of the Premium Charge we provide an allowance against the first £1,000 of charges that would otherwise be incurred by any customer and also exempt customers who have not bet in more than 250 markets. Additionally, higher rates of Premium Charge may apply when a customer’s lifetime net profits exceed £250,000. It is plainly unrealistic to expect to distribute activity across more than one account to benefit from an allowance per account and/or continual exemptions by ensuring less than 250 markets are bet on via each account; or to ensure that the lifetime net profit remains below the threshold above which higher rates may apply.

To that extent, from this week onwards, all accounts listed will be linked for the purposes of calculating the Premium Charge. To week 759 (23:59 Sunday 20th July 2014) the distribution of activity across the accounts has resulted in the underpayment of Premium Charges to the sum of $1,098.01, this amount has been debited from the ‘*****’ account and this account has been suspended. Please be aware that this attempt to evade the Premium Charge is in breach of Betfair’s Terms and Conditions. Your account will now remain suspended until the afternoon of Wednesday 30/7/14.

I trust this makes the position perfectly clear. Your activity on Betfair is conditional upon your acceptance of our Terms and Conditions, and I must repeat that operating accounts in multiple names in order to conceal the true identity of your activity will not be tolerated by us.

Yours sincerely,

Betfair Pricing

The accounts belong to me and my brother, we live in different countries. So Betfair are trying to say that if you and someone else have similar betting strategy then you're one person and they have to charge you?

Any Advice?

xxxxxxxxxxxx