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Report: #432811

Complaint Review: XFT Pty Ltd - Nationwide

  • Submitted:
  • Updated:
  • Reported By: Glen Waverley Other
  • Author Confirmed What's this?
  • Why?
  • XFT Pty Ltd www.xft-sniper.com Nationwide Australia

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Ladies and Gentleman ,

Please stay away from XFT pty Ltd which sells sniper software promising people to win money everytime they laybet with Betfair. They are scammer!


This is what happen to me , a guy named Andy called me several time to try and sell me the software which cost $ 9000 . He even showed me a live demonstration on the product.

By the look of it , the product is very user friendly and all it does is you place a bet on a horse racing or greyhounds , and if that horse win 1st place , you lose the money. If the horse come second or third and so on, you win the amount of money you put in.

At first , I was amazed . It looks like it is easy money and every people is Australia is going to love it.

Not when I start asking them about how does the software actually interacts with Betfair ? That is , I want to see the real BetFair account actually increases in bankroll. The salesman was not able to demonstrate to me , giving a lot of excuses.

If they cannot show that the actual bankroll in Betfair is increasing , then its a scam.

Also, I heard that the company is owned by a guy called Craig duffy from gold Coast . He is a scammer and he should go to jail!

James
Glen Waverley
Australia

This report was posted on Ripoff Report on 03/10/2009 09:35 PM and is a permanent record located here: https://www.ripoffreport.com/reports/xft-pty-ltd/nationwide/xftsnipercom-xft-pty-ltd-xft-sniper-is-a-scam-perth-australia-western-australia-432811. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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REBUTTALS & REPLIES:
0Author
5Consumer
0Employee/Owner

#5 UPDATE Employee

ANNA STANCOMBE OF MORAYFIELD QUEENSLAND

AUTHOR: Manager - (Australia)

POSTED: Tuesday, February 02, 2010

ANNA STANCOMBE OF MORAYFIELD QUEENSLAND. WE HAVE STARTED LEGAL PROCEEDINGS.

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#4 Consumer Comment

xft BS

AUTHOR: Douglas - (Australia)

POSTED: Wednesday, December 02, 2009

Hi,

XFT Sniper is not owned by James packer . He owns betfair Australia which makes him a lot of money as he gets approx 5% of every winners return. Xft sniper runs on Betfair is software that places bets or tells you what to bet on laying (betting the horse will NOT win). There are hundreds of pieces of software like this mostly based in the UK that cost about 29- 200 pounds. A lot cheaper than xft and do a similar job. 

Interesting you had 2 winners out of 4 as that would mean a huge loss if you used $40 stakes at odds of 40/1 a loss of $3200.00 in 4 races.

How many wins would you need just to recover a bad day as above at $40 per race you would need to win more than 80 races in a row just to break even.

The demos I saw was mainly picking horses at 20-50/1 it only takes one loser at these prices to wipe out your profit and put you in the red. 

If it was as good as they claim. They could offer a payment plan to pay it off out of profits but they have no such thing as the software will win short term and lose your bank long term.  

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#3 Consumer Comment

XFT SCAM

AUTHOR: Anna - (United States of America)

POSTED: Wednesday, December 02, 2009

I too have had this company constanty call me it all sounds good, did the live demo today and it was very funny you bet on a horse to lose............. when we did this the horse we bet on to lose ACTUALLY WON! ha ha the woman was horrified, but said oh that can happen. One loss there, this happend a second time! 4 wins, 2 loses......

Anyway they want $8900 UPFRONT cash to use the product!!! what the? If it is that good, why don't they let you use it, you should be able to make the money very quickly then you could pay it off! But of course they will not do this!!

SCAM SCAM SCAM these people should be ashamed of themselves and shut down, how can the AUSTRALIAN GOVERNMENT ALLOW this company to continue and rip people off. The funny thing is they told me Kerry Packer started the softwate and now James packer is the owner?????????????????????????????

 

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#2 Consumer Comment

xft do not want you to test the product WARNING

AUTHOR: Douglas - (Australia)

POSTED: Monday, October 26, 2009

Hello,


I was interested in testing xft sniper. I asked to have a few demos to which they agreed. I requested a few more test runs to which they absolutely refused.


They then proceeded to say you saw it working what more do you need and gave me a deadline to buy it. I told them no way as they had no records or accounts to back up their claims on their brochure.


1. They do not want you to test their product and they made that clear to me.


2. They do not keep any past performance records at all.


3. They told me I was wasting their time because I would not beleive a few demos which had a couple of big priced losers not very convincing anyway.


4. They told me to check with ASIC about complaints. So I did asic told me any private complaints are treated as confidential and could not confirm or deny any complaints and only if an official release had been made they could discuss complaints.


So Asic cannot tell you anything about xft sniper but they did say to be very wary of any horse racing software vendors as their had been a number of these scams closed down in the past.  


They became very rude and aggresive when I asked for more proof by way of demos all very obvious that their product is not legitimate and will lose in the long term.


If they had nothing to hide why would a potential customer be refused to test the software.


Screams scam and the more people they burn the closer they get to being shut down. It takes authorities in Australia way too long to do something about fraudsters . 


Dont be their next sucker a freindly warning

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#1 UPDATE Employee

Incorrect information

AUTHOR: Manager - (Australia)

POSTED: Monday, April 27, 2009

In regards to James Packer which is obviously a fake name as we have no such person on our data base.
This person did not buy our program nor do we say you will make $350 per hour. This is possibly an opposition company trying to win back market share.
They also got information from another section of the Rip Off report mentioning a Craid Duffy as the owner of this company.Which is not True
If you are wanting to find out correct information regarding XFT please go to the correct authorities. Go to ASIC and do your own search.
Regards
XFT

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