Do BetFair spy on their customers trading accounts?

No GravatarYou may have heard the rumor that BetFair do access customers&#8217- trading details and do use that intelligence.

From what I gather (the re-phrasing is mine):

  1. BetFair does never seed markets or take proprietary positions against its customers.
  2. At BetFair, taking advantage of customer information would be considered grounds for summary dismissal.

Previous blog posts by Chris F. Masse:

  • Do BetFair understand the “statistical concept of expectation”?
  • Towards an anti-drugs and anti-corruption body for all sports? — BetFair’s proposal…
  • TOTE Tasmania has entered into an agency agreement with Betfair Australia that will provide it with access to Betfair’s global customer base of more than one million punters.
  • Do InTrade allow financial scams to be published on their web forum?
  • The BetFair Starting Price is such a phenomenal success that their MSR-like system melted down under pressure last Saturday, April 5th, 2008, for the British equivalent of the Kentucky Derby —the Grand National at Liverpool.