Discussions about: Staking - Betfair Football Trading

[adammarkpreston]

I still cant get my head round why people are not questioning where all the recent money has gone to that he has received since the last £300 deposited into the Betfair account, totally amazes me that would be my number one question WHERE HAS THIS MONEY GONE TO?

Also why on earth has no one called the police i would suggest each and every one of you who have invested in him to get on the phone to them, its the only way you will find out where he has put the money before he has chance to get away with it all. Id put my money on it he will get out the country as quickly as possible, and before people say no he wont hes lost it all well he hasn't do the figures from the spreadsheet look how much he has had transferred to him since his last deposit into Betfair and work out the maths

[NoflopsHomer]

was he even an accountant or was that bullshit too? george met him what 2.5 years ago playing poker in a casino? does anyone know him from before this? any schoolfriends, work colleagues, ex girlfriends, anything?

it's all over the internet saying he was an accountant when he won some donkament, when did he say he left work to become a trader?

Guys I said I wouldn't comment on this thread again but I want to help where I can. Yesterday was very tough for me but I've spent the majority of the weekend with my family and it's really helped put things into perspective.

I first met Neil at the local gala casino in leicester. he was one of the better players there (which wasn't difficult admittedly). Soon after Kev invited me to play at Paul's homegame (made infamous after I won the notts leg of the tour and then neil won the bristol leg). We played together week in week out. Neil was working at the time- I have no idea exactly what but I know it was in finance. This continued until around Xmas time last year when he quit his job to go into trading.

He made no bones about the fact he had gone busto trying this before but seemed to know what he was doing. I know sweet fa about sports trading but he would always let us know when he got the lot- he was also quick to say when he lost chunks. I remember him telling me in 2009 (before this staking thread) about how he lost 8k on one frame of snooker. He was quite calm about it- this lead me to believe that his bankroll was swelling- I mean if he could afford to lose that much on one frame of snooker he must have been doing ok?

He then started taking on horses of which I believe Greeky and evilpie were the first. I warned him about the potential outlay (not least because I've seen both play) but he didn't seem worried. He said he would probably take on more during this time. I didn't have any reason to believe he was a scam artist. I know he came accross as a cocky twat but that wasn't the relationship I had with him- we were great mates and dreamed of really making it on the poker circuit.

Right up until the end I trusted him. I booked a holiday to vegas, direct flights and accommodation and paid for it all in the belief I'd get the dollars back in Vegas. On my part I have written the debt off- there will be no mates getting paid back first.

 I rang him two days before this all came out. I asked him if he'd spent the money- if it was gone. He said it was all still there- arbboy just had a vendetta against him hence my posts defending him just before this all came to light.

There are lessons to be learnt from all of this. I have spoken to him this morning and will continue to stay in touch with him and try and help him. You might think I'm stupid/naive/dumb/a conner myself but I can't hang a friend out to dry after 5 years. Please try and think what would you do if you best friend did this?

I would personally like to thank the messages of support I've received. I'll be honest- I'm not sure whether I'll play the tour in the near future or go Vegas- I have no idea what sort of reception I'm going to get and this whole episode has turned me off poker as it probably has many others. This year was supposed to be my year. Our year. It was my first time to Vegas going with my two best buddies in the world- Kev and Neil.

George how can you say that when he posted things like this...

http://blondepoker.com/forum/index.php?topic=43354.msg1032792#msg1032792

[Girgy85]

I still cant get my head round why people are not questioning where all the recent money has gone to that he has received since the last £300 deposited into the Betfair account, totally amazes me that would be my number one question WHERE HAS THIS MONEY GONE TO?

Also why on earth has no one called the police i would suggest each and every one of you who have invested in him to get on the phone to them, its the only way you will find out where he has put the money before he has chance to get away with it all. Id put my money on it he will get out the country as quickly as possible, and before people say no he wont hes lost it all well he hasn't do the figures from the spreadsheet look how much he has had transferred to him since his last deposit into Betfair and work out the maths

THE POLICE HAVE BEEN INFORMED!!!

[Matt.NFFC.]

Shit, that hurt my eyes!

[NoflopsHomer]

I'm not doing cliffs, throughly going thru the spreadsheet now instead, cliffs will come later but this point was too important to wait.

September 21st. Blatch claims the current balance is £8.6k. (http://blondepoker.com/forum/index.php?topic=43354.msg1047351#msg1047351). The current profit alone by this point on the spreadsheet is £6,641.72, the investment by this point is most likely a similar figure. (http://blondepoker.com/forum/index.php?topic=43354.msg1032007#msg1032007) and (http://blondepoker.com/forum/index.php?topic=43354.msg1036167#msg1036167) show that the amount invested by this point was at least £5,980 by this point. This means the minimum gone missing already was over £4,000.

[Ginger]

I still cant get my head round why people are not questioning where all the recent money has gone to that he has received since the last £300 deposited into the Betfair account, totally amazes me that would be my number one question WHERE HAS THIS MONEY GONE TO?

Also why on earth has no one called the police i would suggest each and every one of you who have invested in him to get on the phone to them, its the only way you will find out where he has put the money before he has chance to get away with it all. Id put my money on it he will get out the country as quickly as possible, and before people say no he wont hes lost it all well he hasn't do the figures from the spreadsheet look how much he has had transferred to him since his last deposit into Betfair and work out the maths

THE POLICE HAVE BEEN INFORMED!!!

Thank you Girgy, that's more helpful 

[Boba Fett]

I still cant get my head round why people are not questioning where all the recent money has gone to that he has received since the last £300 deposited into the Betfair account, totally amazes me that would be my number one question WHERE HAS THIS MONEY GONE TO?

Also why on earth has no one called the police i would suggest each and every one of you who have invested in him to get on the phone to them, its the only way you will find out where he has put the money before he has chance to get away with it all. Id put my money on it he will get out the country as quickly as possible, and before people say no he wont hes lost it all well he hasn't do the figures from the spreadsheet look how much he has had transferred to him since his last deposit into Betfair and work out the maths

THE POLICE HAVE BEEN INFORMED!!!

I would suggest that nobody comes on here and makes statements like "why hasnt this been done? what dont you do that?" if you havent actually read through the whole thread to see what has and hasnt been done!

[dan]

This is so sick. Figures have been mentioned of 70k, 100k, 120k Is this the figure that had been invested or is this what has been invested plus the supposed profit?

After reading through posts on the original thread there are some really sick things that blatch posted that were meant to be 'jokes'

Blatch
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Re: Staking - Betfair Football Trading
« Reply #250 on: September 18, 2009, 02:34:06 PM »
   
grrrrr ive been rumbled.

To be honest lads were only £36 up so far.  I thought if I said I was making loads then I would attract about £50k in investment and then I could go off to Vegas again.

This was well thought out and calculated from the start IMO and I don't believe that it was ever good intentions gone bad

[GreekStein]

Few things. Thanks for the messages of support, I'm absolutely gutted and still haven't told my dad. He was out yesterday and it's Father's day today - I just can't bring myself to do it but I'll definitely tell him this evening once our guests leave or first thing tomorrow. Still shitting it tbh and I couldn't feel more dumb for telling my dad I trusted him 100%. I think my words when asked about whether my pops should invest were, 'He's got his own flat that he's just bought in cash, has a stable of players including me and gets the lot on betfair. He quit a job in accountancy because he was making more money at trading - he's definitely good for it'. What a mug I am!

I'm not going to Vegas now, that can wait for another time. I'm going to put my time and energy into paying my dad back the money I persuaded him to invest.

Unlike George, I'm no longer Neil's friend and I'm not willing to support him in anything. In honesty, I hope I never see him again but I do hope he can get over this sickness and one day start a healthy life without lies.

In the meantime, I just want to get mine and my dad's money back as soon as possible. Whilst it's made me lose a lot of faith in people I know there's a lot of good guys in poker and I certainly won't be giving up the game because of this.

[The Camel]

I'm not doing cliffs, throughly going thru the spreadsheet now instead, cliffs will come later but this point was too important to wait.

September 21st. Blatch claims the current balance is £8.6k. (http://blondepoker.com/forum/index.php?topic=43354.msg1047351#msg1047351). The current profit alone by this point on the spreadsheet is £6,641.72, the investment by this point is most likely a similar figure. (http://blondepoker.com/forum/index.php?topic=43354.msg1032007#msg1032007) and (http://blondepoker.com/forum/index.php?topic=43354.msg1036167#msg1036167) show that the amount invested by this point was at least £5,980 by this point. This means the minimum gone missing already was over £4,000.

The spreadsheet won't load on my laptop.

Chris, in the early days was he trading or punting?

[GreekStein]

Another thing, as has been said, please read the thread before posing questions...BUT I'll say again:


The police have been informed

Betfair and their fraud dept are doing a full investigation

[NoflopsHomer]

I'm not doing cliffs, throughly going thru the spreadsheet now instead, cliffs will come later but this point was too important to wait.

September 21st. Blatch claims the current balance is £8.6k. (http://blondepoker.com/forum/index.php?topic=43354.msg1047351#msg1047351). The current profit alone by this point on the spreadsheet is £6,641.72, the investment by this point is most likely a similar figure. (http://blondepoker.com/forum/index.php?topic=43354.msg1032007#msg1032007) and (http://blondepoker.com/forum/index.php?topic=43354.msg1036167#msg1036167) show that the amount invested by this point was at least £5,980 by this point. This means the minimum gone missing already was over £4,000.

The spreadsheet won't load on my laptop.

Chris, in the early days was he trading or punting?

Both. Some of the figures are correct, but the truth is that up until the end of September, Blatch was doing much, much better than people thought and was not declaring it. I'm going through the entire sheet now and the earliest punt he takes is here.

Blatch claims a small profit from the Villa/Birmingham game of £22 on the 13th September. (http://blondepoker.com/forum/index.php?topic=43354.msg1041262#msg1041262). No such bet exists on the spreadsheet although it is possible he made it on his own account and began confusing (deliberately or not) the two. However, he does make a huge bet with no lay on the Stoke/Chelsea match as shown below which he wins. This bet is never declared in the thread.

10-Sep-2009 00:00:00   10-Sep-2009 10:53:00      Settled      United kingdom   8886346410   100777364   Soccer      Fixtures 12 September / Stoke v Chelsea      Fixtures 12 September / Stoke v Chelsea; Match Odds   Chelsea   Back   GBP      United kingdom      2,161.91      1.43   1.43   929.62

I've shown dino1980 my notes so far but they're fairly extensive and I want to do the entire sheet before I post it up here in the thread.

[cia260895]

All the best for later with yr Dad cos
If he ever reads these threads he'll understand m8

[DaveShoelace]

All the best for later with yr Dad cos
If he ever reads these threads he'll understand m8

Yeah, once he has had time to get his head round it, it would actually be a good idea for him to look at these threads. He can see for himself the enormity of it and how so many of us apparently shrewd poker types got played for mugs. Even Boshi did and he was on Eggheads once.

[thetank]

arbboy pwns this thread. Sure the truth would have come out soon without him, but the fuss he made sped things up, it's hard to contest that. That Blatch would have grimmed more people if given only a little more time also seems pretty uncontestable. Ergo, arbboy stopped people getting grimmed.

If it grinds our gears that new members reading the thread say nice things about him and bad things about us then we just have to eat it imo. It's how the thread reads.

Personally, I look like a dick for not apologising to arbboy.
Reason I've not apologised is that it would be disingenous if
I said sorry but didn't mean it.
I'd rather swerve doing that and look a bit more like a dick.

If people can deal with losing big wads of cash then I probably should be able to cope with looking like a dick.