Discussions about: Staking - Betfair Football Trading

[redsimon]

If you have 50k in a gambling account there is 0 chance you can claim benifits.!

Technically it wasn't his tho' was it? Did he claim to invest anything himself?

Adammarkpreston I work for DWP so thanks for your input ....

Where you can get him for fraud is availability for work as obviously not doing that!  If you ring the freefone number they will accept anonymous reports just have his name, d.o.b, address etc available..

Think is my last post on this as he is obviously reading thread and discussing tactics further is prob. - EV

[snake_eyes]

For those people on this thread who still believe what Blatch did was not an offence, as the money was to be used for gaming purposes and there was an element of risk involved, I have copied and pasted the relevant section from the Fraud Act 2006 and highlighted important sections.

Section 2: Fraud by false representation

10.     Section 2 makes it an offence to commit fraud by false representation. Subsection (1)(a) makes clear that the representation must be made dishonestly. This test applies also to sections 3 and 4. The current definition of dishonesty was established in R v Ghosh [1982] Q.B.1053. That judgment sets a two-stage test. The first question is whether a defendant's behaviour would be regarded as dishonest by the ordinary standards of reasonable and honest people. If answered positively, the second question is whether the defendant was aware that his conduct was dishonest and would be regarded as dishonest by reasonable and honest people.

11.     Subsection (1)(b) requires that the person must make the representation with the intention of making a gain or causing loss or risk of loss to another. The gain or loss does not actually have to take place. The same requirement applies to conduct criminalised by sections 3 and 4.

12.     Subsection (2) defines the meaning of "false" in this context and subsection (3) defines the meaning of "representation". A representation is defined as false if it is untrue or misleading and the person making it knows that it is, or might be, untrue or misleading.

13.     Subsection (3) provides that a representation means any representation as to fact or law, including a representation as to a person's state of mind.

14.     Subsection (4) provides that a representation may be express or implied. It can be stated in words or communicated by conduct. There is no limitation on the way in which the representation must be expressed. So it could be written or spoken or posted on a website.

15.     A representation may also be implied by conduct. An example of a representation by conduct is where a person dishonestly misuses a credit card to pay for items. By tendering the card, he is falsely representing that he has the authority to use it for that transaction. It is immaterial whether the merchant accepting the card for payment is deceived by the representation.

16.     This offence would also be committed by someone who engages in "phishing": i.e. where a person disseminates an email to large groups of people falsely representing that the email has been sent by a legitimate financial institution. The email prompts the reader to provide information such as credit card and bank account numbers so that the "phisher" can gain access to others' assets.

17.     Subsection (5) provides that a representation may be regarded as being made if it (or anything implying it) is submitted in any form to any system or device designed to receive, convey or respond to communications (with or without human intervention). The main purpose of this provision is to ensure that fraud can be committed where a person makes a representation to a machine and a response can be produced without any need for human involvement. (An example is where a person enters a number into a "CHIP and PIN" machine.) The Law Commission had concluded that, although it was not clear whether a representation could be made to a machine, such a provision was unnecessary (see paragraph 8.4 of their report). But subsection (5) is expressed in fairly general terms because it would be artificial to distinguish situations involving modern technology, where it is doubtful whether there has been a "representation", because the only recipient of the false statement is a machine or a piece of software, from other situations not involving modern technology where a false statement is submitted to a system for dealing with communications but is not in fact communicated to a human being (e.g., postal or messenger systems).


Make your own minds up

[adammarkpreston]

No worries when you sign on they asked me if i had over 5k in my account and if i did i would not be able to sign on, I have also been told that if i come into large amounts of money over 5k i wouldnt be able to sign on so the face he has had over 70k and must of at times had more than 5k in his account, even though technically its not his money he would still have his benefits cut

[Google]

I spoke to him on the 6th June and asked if I was to late to get a small piece of his WSOP action. I was only looking for 1/2%,  he told me someone who had previously booked 5% had dropped out, and I could have the lot. I said that was to rich for me, but agreed to take 1% @ $120, which i shipped straight away on Stars.

This is disgustingly sly

[Doobs]

He would have to inform his IVA creditors about his big poker win in 2008.  If it was a lottery win, they would be entitled to most of it, and I guess this is in the same ballpark.

I think the contact details were given further up the thread.

If he had more than £8000(or so) in the bank, he would still be able to get the basic jobseekers allowance which is £60 ish as far as I know.  Above 8000 (or so) you lose benefits for housing etc up to another limit for each pound you have.  I don't know the ratio but it isn't one for one.  £100K in a gambling account would obviously enough to stop everything other than the basic benefit.  

[action man]

bad tekkers from blatch on his horse punting.

[pleno1]

I spoke to him on the 6th June and asked if I was to late to get a small piece of his WSOP action. I was only looking for 1/2%,  he told me someone who had previously booked 5% had dropped out, and I could have the lot. I said that was to rich for me, but agreed to take 1% @ $120, which i shipped straight away on Stars.

This is disgustingly sly

so so sly, actually speechless.

[arbboy]

doobs he would be massively in breach of his IVA simply by playing a £500 fo never mind winning it.  Your repayments are calculated by taking all reasonable living expenses out of your salary then repay the rest.  I don think entries into monkey fo's go under reasonable living expenses!!!!!!

Not sure if these have been posted but it looks like years ago he was 'practicing' his talents on a smaller scale.  The one about asking for staking into $5 stts (yes $5 stts) just after he won this £35k at gala is beyond belief.

http://www.punterslounge.com/forum/f97/stake-offered-10-stt-specialists-72512/
http://www.punterslounge.com/forum/f97/staking-anyone-wants-85554/

[Google]

ColU_FC: I'm concerned that someone who has won £35,000 recently is seeking to be staked for $5.50 tournies. If you are the real goods then I've no problem with you but you must be able to see why I'm suspicious of you.

Blatch: arrrr now im with you - you will have to forgive me being a bit slow today as was out last night at a do with a free bar :-)

Well simply the money has gone, I have literally this signed week to own my own first flat and used 30k as a deposit.

As for why I wanted to apply, well im hoping to eventually ask on here to get backing to play the £1000 GUKPT events but thought until I have reached 500 posts or so this would be a nice way to get some people hvaing confidence in me.

Hope this makes sense.

Did this actually happen? It's from October 2008

[jaxxstorm]

ColU_FC: I'm concerned that someone who has won £35,000 recently is seeking to be staked for $5.50 tournies. If you are the real goods then I've no problem with you but you must be able to see why I'm suspicious of you.

Blatch: arrrr now im with you - you will have to forgive me being a bit slow today as was out last night at a do with a free bar :-)

Well simply the money has gone, I have literally this signed week to own my own first flat and used 30k as a deposit.

As for why I wanted to apply, well im hoping to eventually ask on here to get backing to play the £1000 GUKPT events but thought until I have reached 500 posts or so this would be a nice way to get some people hvaing confidence in me.

Hope this makes sense.

Did this actually happen? It's from October 2008

No.

[arbboy]

course it didnt happen.  The night i needled him at dtd during the cash game (from earlier in the thread if people missed it) this was on of his responses why he needed staking.  Given it was 2008 and the property market long term decline had just started i instantly followed up with 'Blatch if you are such a smart punter/trader/investor why on earth would u want to buy an massively over valued (in 2007/8 at the peak of the property boom) 2 bed city centre apartment which is probably going to lose 25% in value in the next 2 years.  As was standard for that hour at the cash tables with me quizzing him he had no answers and went from being 'balla' at the table to very silent.  I think then he must have thought his 'balla' lifestyle was in danger of being exposed as a scam.

[pokernutz]

yup that's Neil allover summed up in 2 posts


plus a benefit cheat


really feel for his mam jean this is about the 4Th scam she has at to bale him out off SO i here from some of his ex close friends


even when he won the seat for the gala comp he made a deal with the other guy 1 of my closes Friends that he would give him 10 percent of the winnings if any he got a bottle of whisks

just a pure scumbag


what he should really do is pay back as much as he can without involving his dear mam then jump of a bridge in the middle of nowere so doesn't bother any 1 else


ill give him the train fare if it helps

[owen1923]

I think that the investors can talk all they like about the strategy to take and approaches to adopt to try and get their money back, but I'm 100% sure it is not going to happen.

The IVA is the key, if this is still live, the the kid has breached the terms and it is very likely that this will come to the notice of the IVA supervisor one way or another, who will then very likely apply for the kids Bankruptcy, and because of the conditions surrounding the case it is equally likely that he will have an extended bankruptcy order of up to 15 years.
This will give the Trustee in Bankruptcy 15 years to recover his creditors money.

I feel however that it is unlikely that any of the investors will be classed as creditors for this purpose unless they obtain a court order against him for the amount owed.

In hindsight this is a typical scam, as many of you will recognise, and I am sure some of you suspected from the outset.

I really feel for the investors and his friends.


GL All

[pokernutz]

And on other thing 2 weeks ago he went and played golf with a group of lets say 30 years plus his senior lost and ended up having to owe them money to the sum of £370 he couldn't even pay that .........and as for being a betfair pro he never ever had his own broadband connection used to go another mate of mine using his in the day .........but he soon got rid of him as he says he is a proper tramp never flushed the chain when he used the toilet....t and stunk his house out just by not bathing and again owes him several thousands


i can go on ALL night about these stories

[scotty77]

i can go on ALL night about these stories

I think I speak for the all of the viewers of this thread when I say, please do.