Questions
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We lost 60-70% of our organic traffic but no penalty - what happened?
Take a good look at some of the pages you have indexed here https://www.google.com/search?q=site:http://superbetting.com/forum/&num=100 Decide what should not be there and remove them with a noindex. This will help with quality Score. Then do a fetch in Webmaster Tools to speed the indexing up. That should help you on your way. Disavow all the crap links ASAP
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