Helpdesk_08
Moderator Moderator
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Re:Backong a player - 2008/02/05 21:46
Hi jobson,
Real money backing bet requests may not become active (and bet funds returned in full) for several reasons:
If the amount of the backing bet is of greater value than the portfolio itself (i.e a backing bet of 100 on a portfolio whose starting value is 10).
If the backed player's portfolio has an excess number of real money backers already (Backing bets accepted are selected randomly from the day's backing bet requests). The number considered ‘excess’ is based generally on the underlying volatility of the markets and at the discretion of gnuTrade’s risk management team.
If the backed player's portfolio contains a bet with inherent unrealised value (such as a long running rolling bet).
On suspicion or evidence of collusion between backer and backed portfolio players.
To protect the privacy of backed players, the ‘reason’ for a backing bet to be returned (not placed) is not disclosed to the proposed backer. Nominal values of backed portfolios are also not disclosed or published, only performance measurements on adjusted values in percentage terms. (please see our privacy policy for more information)
No real money backing bet payments are made to backed accounts that are subject to real money gaming jurisdiction restrictions.
For more information regarding backing bets please visit the following link http://www.gnutrade.com/resources/gnutrade_rules.html
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