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Author Topic: Discussions about: Staking - Betfair Football Trading  (Read 602038 times)
lazaroonie
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« Reply #1470 on: June 21, 2010, 01:58:48 AM »

DJSunset has been on betfair for years. He knows how bad the customer service has got recently im sure.

I don't think returning the commish would be a customer service matter, it would be for management to decide.

And they are worse than the CS imo.

yeah, it would definitely be a management decision.  its up to them of course, but if i was them, i'd think the 8k profit was dirty money, and would look to return it.  the goodwill that would generate would be significant.  its up to them of course, perhaps if someone with more weight than lil' ol' me has could give them a nudge, it would be great to hear that GreekStein's old man ended up with say a couple of hundred quid back.

no disrespect but if BF started returning the commission that was made on every bet made with money that the person couldnt afford to lose, they wouldnt have much of a business
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« Reply #1471 on: June 21, 2010, 02:00:33 AM »

RE: betfair refunds, no chance imo

besides, it looks like he lost a lot of money in a short space of time, so he was probably on a discount rate at < 5%
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« Reply #1472 on: June 21, 2010, 02:01:48 AM »

Betfair wont return a dime. They will probably send Blatchly a hamper at Christmas tho.

This scam, big as it is, is not the biggest in the last 2-3 years. A Betfair forumite - Footsoldiers, pulled an almost identical scam to the tune of half a million GBP's. Convinced everyone he had some fantasy football 'edge'. Some folk rolled him for 50 - 100k - got there friends involved, borrowed money, invested life savings etc. Incidentally, when it came out - a lot of his figures didn't add up either. Lots of missing monies. Hmmm.
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« Reply #1473 on: June 21, 2010, 02:05:29 AM »

Betfair wont return a dime. They will probably send Blatchly a hamper at Christmas tho.

This scam, big as it is, is not the biggest in the last 2-3 years. A Betfair forumite - Footsoldiers, pulled an almost identical scam to the tune of half a million GBP's. Convinced everyone he had some fantasy football 'edge'. Some folk rolled him for 50 - 100k - got there friends involved, borrowed money, invested life savings etc. Incidentally, when it came out - a lot of his figures didn't add up either. Lots of missing monies. Hmmm.

And what was the outcome?
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« Reply #1474 on: June 21, 2010, 03:40:05 AM »

DJSunset has been on betfair for years. He knows how bad the customer service has got recently im sure.

I don't think returning the commish would be a customer service matter, it would be for management to decide.

And they are worse than the CS imo.

+1 - they are terrible when it comes to anything along these lines.  I was once told after sending a five figure sum that I couldn't use that method to deposit anymore and until I provided KYC documents on it it was frozen despite having used the same method to transfer large sums before.  They beggar belief.
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NoflopsHomer
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« Reply #1475 on: June 21, 2010, 03:41:13 AM »

Still working on this. This part I found very disturbing so want to share it now.

51)Blatch claims a £560 profit in the AC Milan/Man Utd game on the 16th February. (http://blondepoker.com/forum/index.php?topic=43354.msg1136278#msg1136278) This is an outright lie once more, what he actually does is lay Man Utd off @ 2.78 before the game. Then when Man Utd go 1-0 down he quickly bets £4,150 in numerous little bets @ 6.6 for United to now win the game. He follows this up by betting another £2,500 @ 3.4 on United at half-time when the game is 1-1. United manage to win the game 3-2 and Blatch makes £6,242.33 in profit. If he had not backed United he would've lost £22,997.62. With 15 minutes left, United are almost guaranteeing him profit after Rooney makes it 3-1. I only mention this point because of the following action on the account.

16-Feb-2010 00:00:00   16-Feb-2010 21:28:45      Settled      United kingdom   10127666063   101065549   Cricket      India v South Africa - 2nd Test / SA 2nd Inns Runs         100 Runs or more   Lay Asian   GBP      United kingdom      45.00      1.03   1.03   -1.35
16-Feb-2010 00:00:00   16-Feb-2010 21:28:55      Settled      United kingdom   10127667208   101065549   Cricket      India v South Africa - 2nd Test / SA 2nd Inns Runs         100 Runs or more   Lay Asian   GBP      United kingdom      8.00      999.00   999.00   -7,984.00

Almost the exact time that Rooney scores to put United 3-1 up with 15 minutes left, almost £8,000 disappears from the account in this bet. Now, that's obviously dodgy but even if we say Blatch is a shrewd tipster who made a mistake, here he is LAYING a 2nd Innings being more than 100 knowing South Africa made 296 in the 1st innings and India made 643 on an obvious batter friendly pitch. SA manage 290. (http://www.cricinfo.com/indvrsa2010/engine/current/match/441826.html)
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Dubai
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« Reply #1476 on: June 21, 2010, 03:44:41 AM »

Yeah thats a blatant dump
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Dubai
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« Reply #1477 on: June 21, 2010, 03:45:42 AM »

He has to lay the 1.03 in order to clear out the market before he self matches and therefore dumps btw
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« Reply #1478 on: June 21, 2010, 03:53:13 AM »

flops - no idea who you are in real life but this work on teh account you have done is amazing.  vwp sir
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« Reply #1479 on: June 21, 2010, 03:59:23 AM »

flops - no idea who you are in real life but this work on teh account you have done is amazing.  vwp sir

Thanks, but the truth is for some of this I'm not sure what I'm looking at.

If you (or Dubai for that matter) want to look through the spreadsheet, it's here: http://rapidshare.com/files/400541349/BlondeBlatch.xls

One thing that is puzzling me that I would request you to look at would be the very short snooker bets done on the 17th January. There are 10 frames overall where he backs players at incredibly short odds (between 1.01 and 1.03) for like no profit whatsoever relative to the size of the roll and I don't know why.
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« Reply #1480 on: June 21, 2010, 04:32:51 AM »

cant get that to open.  Says it wants $9 to open it.  snooker frame betting can have loads of money matched at very low prices close to the end of the frame ie when the guy has scored enough to win the frame and the other guy needs snookers to win.  very unlikely that would be a dump unless he did it pre game when the market was empty.  If the times dont add up to when the frames were roughly then it would be a dump.  It would be impossible to do this in running and gtd the money would transfer from one account of his to another.  only way to dump would be pre game.  There would be no money in these markets pre game and a typical empty market where dumping could occur.  Although its a coin flip who wins the frame anyway in most cases so thinking about it it rules that out.  Maybe he was just trying to 'buy' a bit of money at short odds. 
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« Reply #1481 on: June 21, 2010, 05:38:25 AM »

cant get that to open.  Says it wants $9 to open it.  snooker frame betting can have loads of money matched at very low prices close to the end of the frame ie when the guy has scored enough to win the frame and the other guy needs snookers to win.  very unlikely that would be a dump unless he did it pre game when the market was empty.  If the times dont add up to when the frames were roughly then it would be a dump.  It would be impossible to do this in running and gtd the money would transfer from one account of his to another.  only way to dump would be pre game.  There would be no money in these markets pre game and a typical empty market where dumping could occur.  Although its a coin flip who wins the frame anyway in most cases so thinking about it it rules that out.  Maybe he was just trying to 'buy' a bit of money at short odds. 

Click on free user, ldo
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« Reply #1482 on: June 21, 2010, 07:11:06 AM »

Think the main thing after reading through the entire thread is the naivety some people have shown throughout this.  Yes, I see he was trusted and respected within the community, but obviously afterwards you can pick up flaws with his "balla" lifestyle.  I don't know anyone or of anyone who is really minted who drives around in a Fiesta (unless they might be international money launderers/drug barons) keeping a watchful police eye off them.  End of the day if I was a successful trader online making thousands of pounds, I for one would not waste my time taking £500 off "friends" to effectively gamble with.  If i'm making a mint, it's not worth my time and if i'm losing a mint why on earth would anyone want to be involved.  If I wanted to do something "for the community" or "out of the goodness of my heart", I would give tips, or tell the previously uninformed public who or what I would be betting/trading on.  All in all I feel sorry for people who have had their "vegas dreams" broken but all said and done you've given away your holiday money to someone who was quite obviously going to GAMBLE it away.  Quite ironic for "poker players" to be openly attaching themselves to a "get rich quick" scheme.  Someone made a brilliant post (lost the page number) but it was something to do with cliqués and community silencing.  I know this may further enrage some haters, but kudos to Arbboy for shouting the loudest, even when people were not listening.  I know you "went about this the wrong way", but it was the only way due to the naivety of investors.

The quicker the police get through with it the better.  Worse case scenario, they find no money but he will be declared bankrupt and you won't have to see his sorry mug again.  Bye bye Casino entering privileges which will include DTD too.
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« Reply #1483 on: June 21, 2010, 07:25:36 AM »

Has anyone noticed just how many new members have been posting singing Arbboy's praises?

It's freaking me out a bit, like someone's trying to get inside my head through repetition, reminicient of early on in the thread when Arbboy himself sounded like a broken record.


He wasn't banned because he dared to say something about one of the community, he was banned because of the incredibly annoying and crude way that he did it.

As I understand it there were those with suspicions long before AB showed up.



Ive had run ins with Arb Boy on Betfair forum. Im not his biggest fan either.

BUT he was probably rude and crass because he simply couldnt get through to you all. Im up to page 80 on this thread atm and still some people are offering sympathy for Blatch. YOU AINT GETTING A PENNY BACK PEOPLE. Jesus hes go the job section open right now looking for work. Bar work lol. Hes a dreamer. Hes conned you.

I really do feel sorry for all those who have lost their money. I will be amazed if this lad doesnt get nicked for this. Please realise, he has take you for saps. Dont have a go at me for saying it, its true and deep down you know it.

Take stock, deep brerathes and work on the fact you aint getting nothing back BUT if you do, its a bonus
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« Reply #1484 on: June 21, 2010, 07:26:07 AM »

Think the main thing after reading through the entire thread is the naivety some people have shown throughout this.  Yes, I see he was trusted and respected within the community, but obviously afterwards you can pick up flaws with his "balla" lifestyle.  I don't know anyone or of anyone who is really minted who drives around in a Fiesta (unless they might be international money launderers/drug barons) keeping a watchful police eye off them.  End of the day if I was a successful trader online making thousands of pounds, I for one would not waste my time taking £500 off "friends" to effectively gamble with.  If i'm making a mint, it's not worth my time and if i'm losing a mint why on earth would anyone want to be involved.  If I wanted to do something "for the community" or "out of the goodness of my heart", I would give tips, or tell the previously uninformed public who or what I would be betting/trading on.  All in all I feel sorry for people who have had their "vegas dreams" broken but all said and done you've given away your holiday money to someone who was quite obviously going to GAMBLE it away.  Quite ironic for "poker players" to be openly attaching themselves to a "get rich quick" scheme.  Someone made a brilliant post (lost the page number) but it was something to do with cliqués and community silencing.  I know this may further enrage some haters, but kudos to Arbboy for shouting the loudest, even when people were not listening.  I know you "went about this the wrong way", but it was the only way due to the naivety of investors.

The quicker the police get through with it the better.  Worse case scenario, they find no money but he will be declared bankrupt and you won't have to see his sorry mug again.  Bye bye Casino entering privileges which will include DTD too.

Hindsight is easy mate, but it wasn't as straight forward as you are suggesting. Its a pretty tight nit community on here unlike over at 2 plus 2 for example, you build up relationships and friendships with people you have known for many years, its was many of those guys that got burned the hardest. You really think people would hand over significant chunks of money towards something if they didn't trust them based on friendship ang respect over a long time? I would have invested a grand or two if I had it spare at the time, so there is no point really giving out the lecture now, its too late.
« Last Edit: June 21, 2010, 07:44:34 AM by Woodsey » Logged
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