Discussions about: Staking - Betfair Football Trading

[MC]

Just incase anyone finds it relevant...

[byronkincaid]

Sent: 19 June 2010 15:04:26 o'clock GMT+01:00
Subject: Neil Blatchly Scam


Hi
 
My account name on BF is xxxxx. I was a member of the group of people who staked Neil Blatchly to trade televised football matches on BF. It has become apparent that he has stolen our money by trading with another account owned by himself. It appears that he has stolen something like £100K maybe 70 or 80 of it through BF.
 
The email associated with the account is nblatchly@yahoo.co.uk
 
Very long discussion about it here
 
http://blondepoker.com/forum/index.php?topic=48399.0
 
discussion on your own forum
 
http://community.betfair.com/football/go/thread/view/94070/25085669/how_i_lost_100k_of_others_peoples_money_trading_on_betfair?pg=6
 
The original blondepoker forum thread where he asked for staking has been removed, they will be happy to cooporate with you I'm sure, I know the owners and can help if necessary.
 
This is a large fraud. 3 people invested £10K numerous people a few thousand, me only £500.
 
Please can you look into it and keep me informed of any questions or updates you might have.
 
Many Thanks
 


Dear ,

Thank you for your e-mail.

I have passed this information onto the relevant department who will investigate this further.

Please do not hesitate to contact us if you have any further enquiries.

Kind regards,

Scott Taylor

Betfair Helpdesk

[NoflopsHomer]

18-Feb-2010 00:00:00         Cancelled      United kingdom   10144253091   101135933   Soccer      Fixtures 18 February  / Liverpool v Unirea Urziceni       Fixtures 18 February / Liverpool v Unirea Urziceni ; Match Odds   Liverpool   Back   GBP      United kingdom      78,000.00      1.28      
18-Feb-2010 00:00:00   18-Feb-2010 20:08:24      Settled      United kingdom   10144281042   101135933   Soccer      Fixtures 18 February  / Liverpool v Unirea Urziceni       Fixtures 18 February / Liverpool v Unirea Urziceni ; Match Odds   Liverpool   Back   GBP      United kingdom      50,524.08      1.27   1.27   13,641.51

These bets were made on the 18th Feb. The total loss from then until the end of the spreadsheet was -21058.68, so I am right in thinking we have around £29,000 not accounted for or am I just tired and confused lol?

I made a mistake with this. He put £78k on @1.28 which was cancelled and then £50k @ 1.27 which were two separate bets, that would mean that there was actually at least £128k in the account on the 18th Feb right? And should be £107k at the end of the sheet, despite the losses...

[Tractor]

Dont forget you are presuming the cancelled bets are really cancelled not a doctored entry.

[NoflopsHomer]

Dont forget you are presuming the cancelled bets are really cancelled not a doctored entry.

True, I've have passed this across to Ling and Rooks who are going through the actual account atm.

[byronkincaid]

he's an accountant according to this

http://razorsharpprose.com/files/portfolio/WPT36.pro.pdf

[Acidmouse]

No one can forgive him for what he has done and the bullshit lies still coming out but fuk me he must be so so deep into a gambling problem he needs alot of help. After justice has been served in whatever way I hope for his sanity he gets it all sorted. I dont like to see anyone suffer. Good luck in getting your wedge back.

[h]

18-Feb-2010 00:00:00         Cancelled      United kingdom   10144253091   101135933   Soccer      Fixtures 18 February  / Liverpool v Unirea Urziceni       Fixtures 18 February / Liverpool v Unirea Urziceni ; Match Odds   Liverpool   Back   GBP      United kingdom      78,000.00      1.28      
18-Feb-2010 00:00:00   18-Feb-2010 20:08:24      Settled      United kingdom   10144281042   101135933   Soccer      Fixtures 18 February  / Liverpool v Unirea Urziceni       Fixtures 18 February / Liverpool v Unirea Urziceni ; Match Odds   Liverpool   Back   GBP      United kingdom      50,524.08      1.27   1.27   13,641.51

These bets were made on the 18th Feb. The total loss from then until the end of the spreadsheet was -21058.68, so I am right in thinking we have around £29,000 not accounted for or am I just tired and confused lol?

I made a mistake with this. He put £78k on @1.28 which was cancelled and then £50k @ 1.27 which were two separate bets, that would mean that there was actually at least £128k in the account on the 18th Feb right? And should be £107k at the end of the sheet, despite the losses...

sorry dont think your right

example:
 your on to win 100k at any given point on a specific event you can then lay 75 k on same event doesnt mean funds in your account are either 75 or 100 k
just the your nett liability on that event are covered by funds in your account
i may not be explaining this well  

[Marky147]

Guys thanks for the sorry's.  They are appreciated. I really didnt want to come out of this as being hated in the poker community whatever the outcome was of my questions on here.  IF he had been 100% legit and posted screenshots/answers to my other questions i would have been man enough to say fair play son.

 It takes a bigger man to say sorry and several of you have.  Several havent but its not an issue.  As everyone knows i had no involvement in this financially apart from (Wisely) advising several young poker kids not to invest and whatever anyone thinks never had an axe to grind.  I could smell a rat a long way out about this and Marky147 (the only guy i know personally to speak to on msn who was actually financially involved) will confirm i told him months ago he was insane to get involved in this scam.   I just wish i had brought it up earlier as i was very close to a number of times but ultimately i had no involvement financially so thought why get involved.  The Korea game was the final straw for me to prove that he knew fu ck all about football trading.

The last poster has got it spot on when he said why i was being repetitive because simply my numerous questions which any genuine pro punter would have answered easily, were not being answered.  I think its odds on a jail sentence will result here unless the guy finds the funds/repayment plan suitable for all concerned.  I think its his only hope.  Maybe a stint inside might do him good and by his 'rock bottom'.  I always thought the guy was a first class knob to be honest like others have said the way he used to cruise around dtd thinking he owned the place.  However i never saw a scam of this size coming on.  I just thought he was using the funds to make money for the investors but also to fund his own roll which was obviously zero.

Nig - why am i a character irl? We have met a few times just interested in what makes you say that?  Whatever anyone says about me ( i am very argumentive and like a verbal ruck/debate) i work very hard to make a living out of this game and do it the proper way.  The thought of people doing stuff like this makes me sick even on a much smaller level than this.  

I will be at DTD next weekend for the £300 so please say hi if you are there.

Yeah and even though you told me I was still happy that everything was fine, everyone that knew him personally was happy and had seen him trading at certain points. Obviously in hindsight we were all way too lax and just took him at his word until the inevitable.

Obviously me getting paid must have been the same time as some of the late joiners coming in for big money and I guess I should have been a bit more inquisitive at only getting £360 profit or whatever it was. I can't remem exactly b/c I told Blatch to keep the money over £300 as a tip for doing it....

Still so sickening how often there were jokes about grimming and when how often I spoke about it to Demps and others on msn about how it might be the sickest grim of all time but never thought it would pan out this way    

[easypickings]

Don't really know George so felt it was a fair question to ask. Unfortunately all of Blatch's closest poker buddies will now find themselves under the spotlight as people will assume they all knew about his scam. Cliches about lying down with dogs and all that.

I don't think this is true in any way at all. There's absolutely no reason that they have anything to do with this, and I'm sure everybody agrees. They must be going through an awful time at the moment, and I think they need to be sure that they have nothing at all to answer for.

[treefella]

AMATEUR!


 get yourself down to a  police station to confess you thieving **** !

[chezzboy]

Look at his horrible head.

[lurker22222]

Look at his horrible head.

This guy was waving 50s around, splashing out on drinks for everyone and behaving like a prat and you guys trusted him?

He sounds like a complete twat. Is this the norm in the poker world? Waving money around like a vulgar rap star?

[mouth]

Don't really know George so felt it was a fair question to ask. Unfortunately all of Blatch's closest poker buddies will now find themselves under the spotlight as people will assume they all knew about his scam. Cliches about lying down with dogs and all that.

I don't think this is true in any way at all. There's absolutely no reason that they have anything to do with this, and I'm sure everybody agrees. They must be going through an awful time at the moment, and I think they need to be sure that they have nothing at all to answer for.

I totally agree and hope in no way did it come across that I was suggesting Neil's friends are involved in this.

However, before this thread exploded there were people who trusted Neil 100% - enough to give him 70K in fact.

Cos answered my question about George, and George himself then came on to answer it. (incidentally George, I would stake you again without a doubt as I do rate your game 100%). I have spoken to Cos about it by PM and feel nothing but sorry for anyone who has been unlucky enough to have been taken in by Neil and his lies.

[Horneris]

Look at his horrible head.

haha.