FAIRLAY - SPORTS BETTING for experts - highest liquidity, provably best odds - page 54.

adaseb

legendary

Activity: 3808

Merit: 1723

Quote from: FairlaySupport on June 19, 2017, 01:42:08 PM

This is the first time we ever asked anyone for KYC documents. This was not intended when we first started Fairlay, but our legal counsel strongly advised us to do it in this particular case. There is very strong evidence, that the funds are coming from illegimate sources. We do not want to reveal too much details about it. Just note, that among other reasons the user deposited / withdrew funds like 50 times without making any bet.

So the guy basically was using your website as a "free" mixer? Basically sent you some BTC and then a few hours later withdrew it to a different address?

Is that why you flagged the account or was it some of his deposit address which came from illegal sources like a Bitfinex account?

Hatcher

full member

Activity: 369

Merit: 111

Quote from: FairlaySupport on June 19, 2017, 01:42:08 PM

This is the first time we ever asked anyone for KYC documents. This was not intended when we first started Fairlay, but our legal counsel strongly advised us to do it in this particular case. There is very strong evidence, that the funds are coming from illegimate sources. We do not want to reveal too much details about it. Just note, that among other reasons the user deposited / withdrew funds like 50 times without making any bet.

I was hoping that that player's comments was a troll, but it is disheartening to see that this is true.

It's fine that you don't want a particular user playing, but holding their funds hostage is not good. You should just cash them out and tell them that you don't want them using your platform again.

FairlaySupport

sr. member

Activity: 473

Merit: 252

please do not contact us here via PM for support.

This is the first time we ever asked anyone for KYC documents. This was not intended when we first started Fairlay, but our legal counsel strongly advised us to do it in this particular case. There is very strong evidence, that the funds are coming from illegimate sources. We do not want to reveal too much details about it. Just note, that among other reasons the user deposited / withdrew funds like 50 times without making any bet.

faitaccompli

full member

Activity: 186

Merit: 100

Quote from: betg on June 19, 2017, 10:47:20 AM

Waiting 40+ days for my withdrawall... today they want
"We do require a detailed signed document documenting the source of the funds you deposited to Fairlay.

We also like to ask you to send in a passport / ID and a proof of residency within the next 48 hours to [email protected].

Best,

Team Fairlay"

My patience is over, I won't send any documents especially how can I prove the source of funds depositted?? I have used like 100 addresses which from I was depositting to them and it's impossible to find the one they sent and especially how to prove source of the funds??
I won't send any documents as well because I use btc to play anonymously - anyone expected similar problem? looks like they want to steal my funds (over 1 btc).

hmm this sounds like something done with large amounts because of money laundering concerns. Of course I don't speak for them but I think they're just trying to protect themselves in this situation. Do you mind saying how much you deposited? If it's for a relatively small amount, then it is indeed concerning. I too prefer btc for its convenience and anonymity and if this is a requirement for all withdrawals then it's pretty much a dealbreaker for me.

betg

newbie

Activity: 39

Merit: 0

Waiting 40+ days for my withdrawall... today they want
"We do require a detailed signed document documenting the source of the funds you deposited to Fairlay.

We also like to ask you to send in a passport / ID and a proof of residency within the next 48 hours to [email protected].

Best,

Team Fairlay"

My patience is over, I won't send any documents especially how can I prove the source of funds depositted?? I have used like 100 addresses which from I was depositting to them and it's impossible to find the one they sent and especially how to prove source of the funds??
I won't send any documents as well because I use btc to play anonymously - anyone expected similar problem? looks like they want to steal my funds (over 1 btc).

faitaccompli

full member

Activity: 186

Merit: 100

I see it now. Thank you!

faitaccompli

full member

Activity: 186

Merit: 100

Any chance I can get a golf outright market for US Open? Right now I just see 2 matchups

adaseb

legendary

Activity: 3808

Merit: 1723

Quote from: FairlaySupport on June 13, 2017, 08:13:14 PM

Quote from: adaseb on June 13, 2017, 07:54:23 PM

Just wondering if you guys are going to have a "Flippening" type of bet if/when ETH surpasses BTC marketcap?

I haven't searched your site but I am wondering if you are planning on introducing this type of instrument, I think it will be useful for most since it looks like they are pretty close.

Yes it's strange noone created that market yet. You might have to do it yourself

I see you created this market in your other thread. No idea why there are 2 threads going for this site but oh, well.

However in that thread you created the bet to end on Aug 1st. Was wondering if you can create another market with a longer timeframe like the end of the year? Because Aug 1st is only 6 weeks away or so and its too short time frame for the flippening to happen.

The flippening has a higher chance of occuring during the 2MB hardfork period where many will move to ETH for security.

FairlaySupport

sr. member

Activity: 473

Merit: 252

please do not contact us here via PM for support.

Quote from: faitaccompli on June 17, 2017, 11:42:12 AM

site appears down now. hopefully won't be for a long time?

Sorry, it was a small problem when pushing an update.

faitaccompli

full member

Activity: 186

Merit: 100

site appears down now. hopefully won't be for a long time?

faitaccompli

full member

Activity: 186

Merit: 100

yes I see them now. But not when I initially made the post and it wasn't just 1 game that was missing which wouldn't be strange, it was that there were no games at all on the board.

FairlaySupport

sr. member

Activity: 473

Merit: 252

please do not contact us here via PM for support.

There are plenty....

faitaccompli

full member

Activity: 186

Merit: 100

Why are there no baseball markets today?

FairlaySupport

sr. member

Activity: 473

Merit: 252

please do not contact us here via PM for support.

Quote from: adaseb on June 13, 2017, 07:54:23 PM

Just wondering if you guys are going to have a "Flippening" type of bet if/when ETH surpasses BTC marketcap?

I haven't searched your site but I am wondering if you are planning on introducing this type of instrument, I think it will be useful for most since it looks like they are pretty close.

Yes it's strange noone created that market yet. You might have to do it yourself

adaseb

legendary

Activity: 3808

Merit: 1723

Just wondering if you guys are going to have a "Flippening" type of bet if/when ETH surpasses BTC marketcap?

I haven't searched your site but I am wondering if you are planning on introducing this type of instrument, I think it will be useful for most since it looks like they are pretty close.

8xbt.com

sr. member

Activity: 305

Merit: 250

Quote from: ctlaltdefeat on June 11, 2017, 03:39:40 PM

Quote from: FairlaySupport on June 11, 2017, 02:04:57 PM

Quote from: ctlaltdefeat on June 11, 2017, 11:49:17 AM

The security deposit for creating markets is prohibitively expensive at the current bitcoin prices, could you please reduce it?

You are right. We will reduce it to 1mBTC in the following days.

This will apply for all past and future markets. You may already go ahead and create a market.

Thanks, created. Where do you think Alexis Sanchez will sign?

https://fairlay.com/market/football-transfers-alexis-sanchez/

Bayern is the favorite I think.

Nice market. Can create more players transfer market.

ctlaltdefeat

sr. member

Activity: 464

Merit: 250

Quote from: FairlaySupport on June 11, 2017, 02:04:57 PM

Quote from: ctlaltdefeat on June 11, 2017, 11:49:17 AM

The security deposit for creating markets is prohibitively expensive at the current bitcoin prices, could you please reduce it?

You are right. We will reduce it to 1mBTC in the following days.

This will apply for all past and future markets. You may already go ahead and create a market.

Thanks, created. Where do you think Alexis Sanchez will sign?

https://fairlay.com/market/football-transfers-alexis-sanchez/

FairlaySupport

sr. member

Activity: 473

Merit: 252

please do not contact us here via PM for support.

Quote from: ctlaltdefeat on June 11, 2017, 11:49:17 AM

The security deposit for creating markets is prohibitively expensive at the current bitcoin prices, could you please reduce it?

You are right. We will reduce it to 1mBTC in the following days.

This will apply for all past and future markets. You may already go ahead and create a market.

Samarkand

sr. member

Activity: 658

Merit: 282

Quote from: ctlaltdefeat on June 11, 2017, 11:49:17 AM

The security deposit for creating markets is prohibitively expensive at the current bitcoin prices, could you please reduce it?

How high is it currently in mBTC?

ctlaltdefeat

sr. member

Activity: 464

Merit: 250

The security deposit for creating markets is prohibitively expensive at the current bitcoin prices, could you please reduce it?

Topic: FAIRLAY - SPORTS BETTING for experts - highest liquidity, provably best odds - page 54. (Read 135598 times)