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Posted

If their system actually does make all these huge returns then why offer it as a service to others? Why not just do it yourself?

 

I guess it's because whether you win or lose, they make money anyway - which they consider to be a better business model than what they are trying to sell to you.

Posted (edited)

Being Swiss owned and with Switzerland having a set of much richer and classier dodgey banks I am surprised we got this lot!

But then Swiss banks need to be anonymous to protect their wealthy clients (a large portion of whose monies are gained in unorthodox manners or via tax avoidance). Most Clients of Swiss banks would probably see through what is essentially a company that takes bets on stocks rather than sports cards etc and hence its need to attract a different set of more gulable clients.

 

Banc de Binary's services seem to be a much simpler form of spread betting ( with bigger spreads)

Edited by Saint Without a Halo
Posted
From the club:-

 

"We would like to advise that our partnership with Banc De Binary has ended."

 

 

Sent from my iPhone using Tapatalk

 

Good. Someone didn't do their homework on that deal.

Posted

They have dropped off the Official website as 'Official Partner' and the original announcement of the partnership has been removed. SportsPesa (sports betting) is there now - don't think they were there before. Cheerio BdB!

Posted

Pesa were there as official betting partner a while back. B de B going will not be missed and club should learn to do due diligence a little more thoroughly in future.

Posted

Its in the sunday times this morning

 

"After The Sunday Times raised the issues of the fine and aggrieved British clients, Southampton FC ended its partnership with Banc De Binary on Friday, removing a sponsorship press release from its website."

Posted
Its in the sunday times this morning

 

"After The Sunday Times raised the issues of the fine and aggrieved British clients, Southampton FC ended its partnership with Banc De Binary on Friday, removing a sponsorship press release from its website."

 

Good!!

Posted

The Mail on Sunday have caught up with this story. Not a particularly complimentary article as you can imagine. Sorry, can't find a link. I read it the old fashioned way in the paper today. Seems they are a little behind the times if the partnership has been terminated however.

  • 3 months later...

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