O'Dywer

i suspect your overcomplicating things vel: he's obviously running his losers.

the problem is that you do that more when you're not doing so well: it's a funny old feedback loop.

I think we're basically saying the same thing. running his losers and cutting his winners short.

needs to look at his decision making process when things are going against him.

I think it's simpler than that.

He's a moron.

I don't think he's a moron. he just has personality traits that militate against him being a successful trader.

and if you were making a book on it, after this long you'd have to price him up pretty long to ever overcome them.

We're talking about the guy who thought there was a ghost in his house because his dog wanted to go out one night.

Just seen this on another thread.

tobermory Joined: 01 Mar 08
Replies: 19457 15 Jul 11 17:41   


A few years back a forumite (Odwyer1980) actually phoned the police to report he had been threatened on the betfair forum.

The cops actually had a chat with the other poster.

Has updated his linkedin profile and included a photo:


Full-time Betfair Trader Betfair Pro Trader
Financial Services industry

November 2008 – Present (2 years 9 months)

I work from home trading on Betfair. Not because of not wanting to get a normal job, but because I feel there is big money to be made. Especially with the edge that I have. That's basically it.

http://uk.linkedin.com/pub/john-o-dwyer/15/a74/234

Starting to worry about John he is beginning to look borderline delusional.

I'm hesitant to keep updating this in truth because it does not feel right, especially in the difficult times in which we live in. Win or lose it seems a bit tacky and might come across as boastful


I think this cements it - the guy is a full blown loon.

John still a believer despite evidence to the contrary.

Sunday, 17 July 2011
3 Month Update

Not good viewing, but was caused by problems in April, May and June due to a combination of issues outside of Betfair and a small bank-size. I won't go into great detail about what happened because you can read back and basically see, but I am expecting things to turn round for the better in the coming months now my situation has changed.

Total P&L: -£529.61
Posted by John O'Dwyer at 12:13 PM

he had 9 good months last year but a couple of bad years before that and 7 bad months since, yet he still doesnt realise it was a lucky run and thinks that 9 month time was the norm.

flat out deluded, you can tell that by how he keeps posting stuff then deleting it to try and make it look better.

Amazes me that he still blogs.  Doesn't add up, financially, domestically or mentally.  If someone has no savings, assets or means of income, and they're losing the money he's losing over a sustained period of time, then they must be reliant upon a third party or parties to keep them 'afloat'.  In his case that would be his parents, who in turn would have long got to the stage where they would have forced him to stop betting and concentrate on sorting his life out.  And, faced with a complete lack of funds and parents forcing you to confront the reality of your situation, you wouldn't still be posting such delusional drivel...

I don't believe a word the guy writes any longer - either he's made a fortune and is just 'playing' with people, or he doesn't bet at all but hasn't got much of a life so has invented this alter-ego to get attention, or he's from a very rich background/family and it doesn't matter whether he wins or loses, because he'll inherit millions.

All in all a pathetic character...

After all he said about  Snooker Betting being a goldmine he appears to have lost heavier on that (nearly 1k ) than on anything else in recent months .

His 'strategy' as he said himself, was just to lump on players who were a couple of pots away from frame ball @1.08 or so and look to lay off @1.02.

The countless frames Trump lost from strong positions in the final must have left Odwyer seething.

Despite my scepticism, his blog is (unintentionally or intentionally) damn funny/absurd, e.g. how his latest 3 month profit/loss figures are affected by issues outside of Betfair - is that another way of saying "the team/horse/player I backed lost/laid won" ?!.

And where do these muppets who post comments on his blog (like "keep fighting the fight" come from ? - we know he doesn't like negative/critical posts on his blog, wouldn't surprise me if he posts the positive comments himself...conversations with imaginary friends etc.

he is begging for money again on the betdakk forum

odwyer1980 
  Posted 2 days ago @ 00:50       



Group: Forum Members
Last Login: Yesterday @ 13:59:43
Posts: 15, Visits: 25
i only need £1000 to get started again. i know i can make money again, i wish i didnt spend all my money on trips away to the golf and tennis

ffs

Rocket,I used to find his posts on here and his blog amusing originally.Unfortunately its all becoming a little bit tragic.Only trouble is it's like a car accident,you can,t help looking.

If he is genuine, why his parents don't stop him ?.  He's told us he lives with them at home, so it's not like he can hide the reality of his situation from them.  They might not want to sling him out on the street, but they could easily stop him, if not by taking the computer/phone off him then by actually closing any betting accounts he has.  That's why not of it makes sense.

The fact that his family  were apparently accepting holidays and so on from the proceeds of his betting while he was doing well suggest that maybe they believe he is a genuine pro punter just having a few temporary funding issues

Silly k unt could've saved up a grand easy with a job over the last 3 months...

"Temporary funding issues" - the guy has probably never gone outside in the last few months because he's got no money to do so !.  Can you really imagine any responsible parents idly standing by as their 30+ son is locked away in his room/in front of a computer 24/7, with no job and seemingly no current life and no future prospects ?!.  They are almost as culpable as him...if it's all genuine of course, which I very much doubt.

He has Aspergers or something like that so his parents probably wrap him up in cotton wool and let him please himself.


There's no way this is a wind up, being going on for years. He is simply an addict. Betfair should have kept his last thread open rather than closing it as a warning to others about the downside of sites like this

He is back again with another update, this time, for a change, blabbing on about bank size and his good run last year.

I've never really had the betting bank-size I used when I was making the kind of numbers you see below (from April 2010), which is my fault as I have been asking the same questions for too long now, when getting a job for a few months would have given me a bank size of 1-2k+ to get going again

He's betting on Handball and Volleyball now

Another has been waiting for someone to step forward with a couple of grand based on what you can see in the earlier entries of this blog, but there were no takers and in the process I've gone into big debt. Which I only blame myself for.

Can't believe he failed to get investment....

I cant believe his little bad run has gone on for 7 months now this year. I thought he would be sorted right away, what with his professional mindset and clear edge.

McChicken_Sandwich Joined: 06 Nov 06
Replies: 7526 25 Jul 11 14:44

Can't believe he failed to get investment....

He's betting on Handball and Volleyball now

Maybe I've found the perfect job for him

http://www.worldcasinojobs.com/viewjob/5498

Main Job Responsibilities:
* Compile / risk manage European sports
* Exposure to trading a variety of the following: Handball, Volleyball, Bandy, Cycling, Euro Basketball, Water Polo, Ice Hockey, (etc…)
* Good all round knowledge and experience on a variety of sports
* Develop and update databases that will assist with trading/compilation
* Risk management and client monitoring, e.g. bet limits, monitoring competitors for odds moves and taking corrective action
* To assist with all administrative tasks on the sports desk
* Liaising with the rest of the trading team, product management, marketing, and support to give customers an excellent customer experience

* overexposing company funds and blowing your budget on a weekly basis then going to bosses for advance on salary promising that's all that's needed to recoup monies lost.


Yes he ticks all the boxes.

He'd blow the account in a week and then tell his manager he wasn't given access to enough company funds to make it work.

This thread is reminiscent of the playground bullying scenario where everyone takes the piss out of the dirty kid or slightly weird kid. The whole group queueing up to pick on the one individual. I find it a bit distasteful really. All these theories about his parents' relationship with him too. None of you know jack about his parents. He's a bad gambler who thinks he's better at it than he is and likes to blog. So what, does it really warrant all this criticism, piss taking, crule jibes and amateur shrink analysis?

Cruel not crule

Maybe he has inherited his looniness from his parents ?
Maybe it's just one big happy loony family ?

dizzydavid did you ever come across odwyer when he posted regularly on the football forum? if so, you will understand why he gets so much stick.

It seems a pity, judging from the number of avid readers that his blog seems to have ( of which I am not one), that he cannot find a way to commercialise it into a tidy little earner.
He does seem to have a knack for " hooking" readers.

WTA I vaguely remember him on the football forum but my point is, if he deserved lots of stick for what he posted on there, fine, give him stick there and then. But this is different, if he was contributing to this thread I'd have no problem with people responding to his posts. He's not here though, it's just people kicking him in his absence. It's a feeding frenzy on someone who's not even saying anything, he's not even here. A kind of group bullying where the victim has long since gone away to sit in the corner of the playground to try to talk to other people, ie his blog readers.

dizzydavid1,

It's nonsense to suggest we're kicking him in his absence, after all seemingly he's still got a Betfair account so could post on here if he wanted to.  Conversely, try posting a comment on his blog that gives him well meant advice about finding an alternative source of income etc. and you'll find that he never allows it to be posted - instead his blog is full of supportive comments from people who are almost egging him along the road to destruction...people who I wouldn't be surprised are actually imaginary posters created by O'Dywer.

The fact is quite simple, his blog is something he uses to satisfy his delusions of long-term betting success, through his control of it he ensures the desperate reality of his situation doesn't have to hit home.

Simple as that.

if he was contributing to this thread I'd have no problem with people responding to his posts.

He started the original version of this thread a few months ago and we all kicked him there. Then he got banned again.

I think that maybe Ivana is secretly in love with him in fact.
The kicking is just a subterfuge.

I keep asking him to do his updates from the last date shown on the previous update to avoid "adding" previous wins already posted to make his situation look better, check his last few updates and they are all completely different dates, no doubt he tests a few dates to see which one makes it look the best and then posts that one.

We all know that he randomly makes posts and then deletes them, adds comments then deletes them and its true about the comments, very rarely do i even get a supportive comment posted, it wouldn't surprise me at all to find out John is doing them himself to fuel his delusions.

It's hardly bullying, he isn't even here.

The information regarding his parents and benefits he provided himself in the last thread.

He has been given a shed load of advice and keeps on regardless so a few comments in a thread which he isn't even part of is acceptable.

When i was at school, there was a fat kid whose life we made a living hell. One time he came back after the summer hols and he had lost all of the weight. Feeling bad with myself because I could see he had literally nearly starved himself to death, I apologised for my part in the bullying. He told me not to apologise, cos if it wasnt for the bullying he would never have attempted to try to lose the weight.

For every story we hear about someone topping themselves, theres plenty of people where bullying was instrumental in making a success of their lives.

Hmm, falling in love with someone who seemingly spends 24/7 betting, hasn't got any money, lives with his parents and is deluded into believing the only way he can make something of his life is through betting - what a catch   Oh, and he's male too, so no good to me

I've said my piece, clearly most or all who have posted since disagree with me. That's fair enough, everyone is entitled to their views. For what it's worth I think it would do some posters on here good to have a think about what they they actually get out of revelling in this guy's misery.

Ps...my comments above don't relate to everyone on here. There are some who seem to particularly savour his suffering and delight in going into detail about it. No names mentioned, it's all down in black and white and available to view.

david you soppy fecker, get some balls man. We all tried helping him time and time again and he just threw it back in our faces and carried on the way he is so he deserves it. he is a tool. a complete tool and i want to see him fail now only to save him from a much bigger disaster in the future, because that future disaster WILL come.

Heaven forbid if he actually got given a few k by someone to use, it would end in even more tears and he is wasting his life by continuing to have grand delusions of being a full time successful gambler.

David he insists on updating his blog - for God knows what reason.

Why shouldn't we comment on it? If you look at the comments here a lot of them have been words of wisdom. He ignored all advice he got so copying his publicly viewable comments and then adding our own is perfectly acceptable.

As mentioned earlier, bullying can usually be very constructive for the victim.

http://www.dailymail.co.uk/news/article-2019312/Bullied-schoolgirl-Ellie-Burton-laugh-winning-modelling-contract.html

A schoolgirl who took up modelling after she was bullied about her appearance has landed a modelling contract.

Ellie Burton, 14, was persuaded to take up modelling by her mother after a group of cruel school bullies left her with low self-esteem.
The teenager signed up with a local modelling agency and was stunned when she was invited to take part in a casting for Marks & Spencer.

Hopefully this thread will help odwyer sort out his life and one day he will be back to thank us all.

Rocket, I broadly agree with the way you've expressed it above in your post above and agree there have been a lot of words of wisdom.

Quant.. "bullying can usually be very constructive for the victim". If you swap 'could potentially' for 'can usually' I'd agree with you that there could be some truth in that but as the sentence stands I think it's frankly ludicrous. I think the family of the 14 year old student of mine, in the days when I was a teacher, who committed suicide as a direct result of bullying, would beg to differ with you, as would numerous people I've worked with and met over the years who suffered greatly from having been bullied.

dizzy
Do you really believe that O'Dwyer is really being bullied in the manner of the 14 year old student case you were unfortunately involved in ?.
I think that comparison is quite frankly ludicrous.
Quant
Can we hopefully expect now to see O'Dwyer modelling " gambling" attire for M & S ?

Btw Dizzy I know your heart is in the right place on this matter in general, but on an open gambling forum/blog ?

Frog...in answer to your first question...No. I didn't make a comparison between O'Dwyer and my student who killed herself. I agree there's no comparison. I only mentioned her story as a direct response to Quant's assertion that 'bullying can usually be very constructive for the victim'.
Perhaps my comments have come over a bit too strong (maybe my fault?), I didn't intend to say this thread is a terrible crime, I just felt it contained elements of pack behaviour, all picking on the one oddball, and I thought some posters on here could do with looking at their motivations.

Personally I care never to look at my motivations for posting anything anywhere.
Don't think I would like what I would see.

David you will be more at home on the chit chat forum.Frog you belong back on the pc threads doing your betfair pr.
This guy went through a lucky patch a while back and was calling every one mugs and idiots till his chickens came home to roost.You reap what you sow.

So John's posted his latest update and he's lost £44 in another week.  Typically the financial reality comes at the end of the usual waffle about bank size and how great things were in the past, despite acknowledging that his overall profit on Betfair since he joined (2007 I believe) is a mere £14k - a nice bit of extra cash on top of a job, but hardly sufficient if it's his sole source of income.

I see too that 'dj' has today suggested that 33 blog readers give John £30 to give him a £1k bank.  Such suggestions seem to pop up on every thread John starts, and I strongly suspect the likes of 'dj' are just John's creations to drum up support - because for every 'dj' there must be 1000 people who'd be saying "FFS give up on betting as a career and salvage your life whilst you still can".

If John is real one of the tv channels really should do a documentary on him

I agree, dd. this thread has taken on characteristics of bullying, imo.

Well, my conscience is entirely clear - I'm only speaking plain common sense.  It's not meant in a nasty way, and if the truth hurts well so be it, to me anyone who encourages John to continue betting are the ones who are doing him long-term damage.  Ultimately it's up to him whether he listens or not.

you do however seem to devote a fair deal of time to keeping this thread alive.

it's not a question of the truth hurting, it's the repetition and the tone that are the issue.

i think the repetition of his claims of only needing 1k and how much he won last year should be the issue. He keeps saying all he needs is 1k and he can win big and everything will be fine but he has has 1k twice this year already and then lost it.

He needs help.

Probably a good job this thread isn't on the football forum as it would be ttt all the time.  I'll leave it there anyway, wonder if John might finally do the same ?!.

I doubt it. he has a serious addictive problem, and the £1000 think is his central sustaining delusion.

it's going to take something to happen for him to break out of that.

Viva you can't tell us we are bullying him and straight after post a comment which is pretty much the same as most of the others on the thread.

well, no. I think what I've written's true, and I've said it before. the difference is, it gives me no pleasure, and I'm not going out of my way to offer a gleeful running commentary on what he's doing or belittle him.

it is the message he needs to hear, imo - but I don't think that's what a lot of this thread has been about.

posted saying how he was going to try and look for a job as that was his last resort to get the £1000 he so desperately needs (and has already had twice this year) to make his big winnings and live the lifestyle again.

Then all of a sudden he has been deleting his updates again.

These are from the comments section on his blog.

John O'Dwyer said...
One of the downsides of doing this, dj, is I have no Paypal account.

I think the only credible way I can go about raising the money I need is to get a job, then once I have the funds I need, pursue what I'm confident of happening.

Although I am too late now tbh, and in way way too deep debt-wise, but that's my problem.

2 August 2011 13:17 
John O'Dwyer said...
I only needed the stability of around 1k as well! I might have got there through a bit of luck, but it wasn't to be. Trying to gamble my way there hasn't worked.

2 August 2011 13:39

Maybe he is starting to see the light.

Maybe his blog is actually underwritten by gamecare, as a salutory lesson to all wannabe professional gamblers ?.

If he was starting to see the light, his blog would say "I need to get a job", and no more talk about £1k etc.

still has no edge....still losing money.

Looks like the end for John.

Wednesday, 24 August 2011
30 Day Update

26th July - August 24th 2011:


Australian wallet:


Total P&L: -£215.53
Posted by John O'Dwyer at 11:31 PM 7 comments  Links to this post

Friday, 2 September 2011
Having A Break

A very short update, but I'm going to give things a rest for a few months until I have the funds I need to get going again - like I had last year.

Thanks for reading, and good luck.
Posted by John O'Dwyer at 12:26 PM 0 comments  Links to this post

Odwyer: I'm still 15k up since I started Betfair in 2007. I've just managed money poorly,

Lori: That'll happen if you earn under minimum wage in your job.


That's true Lori, but considering he was losing on here first year , then maybe won a bit in mid 2008 (i recall screenshots proofing some big bets he had around Summer that year, they then stopped so doubtless he blew that bank) then continued losing til early 2010, and has been losing last 12 months too... he must have made a sum that almost anyone would be delighted with in 7 months or so, over £20,000 profit.

If you can make 20k profit in 6 months or so you will feel like you are destined for this .And thats how he sees things, rather than he has made 15k in 4 years+

As someone said a few pages back he sees the succesful period as the norm  and the losing spells as  exceptions caused by not having a big enough bank. Most likely the great run he had was due to massively overstaking during a lucky spell. To go by the stuff he posts he has been operating in the same way re bet selection all the time he has used Betfair.

Latest for this month

Total P&L: +£1,216.11

Wednesday, 18 January 2012
January Update
I've rarely been on Betfair in January due to being short of funds to get going again. My last update at around xmas time showed a profit over a 3 month period, but bad money-management meant I left myself where I am now. So once again, I've found myself in a difficult position of having a small bank, and that's the reason why I stopped. It's been like this for too long now; I'd say the best part of a year, which is far too long for my liking. I've not had over £2,000 in my Betfair account since around November 2010, and has played a big part in why I've not made this pay like I did that year, and also backs up why I feel that having a big bank makes things a lot more easier.

That's why confidence in profiting long term is still there - because I've not had the funds to get going like I did in 2010 and once I do start using a bank size of around 3-4k again, things should start looking up. In all honestly, 2011 was unacceptable and a lot of 'umming and arring' combined with playing with a small starting bank meant I could never get going like I had hoped. The markets are still the same as are the opportunities, so nothing has changed in that regard.

Despite all this, things are far from ideal at the moment. As I said, I've barely used Betfair this year and when I have, it's been with a small bank - which is making it a lot more difficult. All I am seeing is opportunities pass, so at the moment, I need to put this right somehow.

He regularly puts up posts and removes them a day or two later, too.

Posted that he'd finally seen he needed to move on or something along those lines but then removed it.

Tuesday, 13 March 2012
March Update
On Friday I found £2.43 in one of my Betfair accounts that I've not used for over a year. It was in one of the Australian wallets although I'm not sure how it got there.

Has apparently turned this £2.43 in to £1,900


http://odwyer1980.blogspot.co.uk/

that 2.43 will have been the aussie wallet cross matching rebate

GO ON O'DWYER SON (in before he s-punks it all)

He's now won almost £4K from that £2.43 he found in his account less than 8 weeks ago.

amazing scenes

Can we find out what he's betting on? I could do with an extra 4k.

He's won another £3.5k this week, now won £7.5k from £2.43

It would be amazing if he could turn £2 into £100k or so in a year.

Nice work

May 7, 2012 -- 12:05PM, blank wrote:

He's won another £3.5k this week, now won £7.5k from £2.43 It would be amazing if he could turn £2 into £100k or so in a year.

in this rate it should only take a couple of days

in this rate it should only take a couple of days

Yes unless he slows down a bit I think he will either make some ridiculous amount very quickly or blow it all.

Would be pleased for him if has won all this.

Am sceptical that he didn't deposit rather more than the £2.73 he started with during the run.

Also how much of the 7k profit has he had to withdraw for his various money problems he has mentioned before.

IMO £2.73 turned into 7k in just a few bets is just as likely to revert to 2.73 again.

He'll be looking for 'investors' again soon and pointing out the fact he turned a couple of £ into thousands previously so he's sure to be able to do it again.

Another week another £2k profit for him, he's now upto £9.3k from £2.73 in about 9 weeks. He must be close to premium charge now.

good for him and you don't wish anyone a bad run

BUT....

looking at his P&L i'd be concerned about the massive hole he's burnt in his rugby league in australian markets. he's dropped about 3.7k in a week, which, looking at his profit sizes and profit/loss frequency would suggest that he may well be bringing out the tanks when trades go against him.

which will of course, ultimately, end in tears.

Well spotted Dstyle, that is quite worrying. He says in a latest comment on his blog that he is going to be less aggressive from now on but it can be easier said than done.

Odwyer has posted up his Lifetime P+L...

+26 K   

Must be in PC territory on the account he's using now (unless they factor in the commission paid on the other accounts )

http://odwyer1980.blogspot.co.uk/

3 months screenshots has one account +12.5K and the other -3.5K

http://odwyer1980.blogspot.co.uk/

Those screenshots are his main wallet (+12.5K) and his Aus wallet (-3.5K). He lost around 3.5K in total last week, I hope he doesn't lose his head and start chasing.

Can tell he is - as always - lumping on short odds in play, as the big losses on the events i know something of are when there has been a suprise IR result

-493 on France v Iceland, presumably a lay of France when they were 0-2 down (won 3-2 with late goals)

-340 on Over 3.5 in the spanish cup final, no doubt placed just after  Barca went 3-0 up on 20 mins (FT 3-0)

Not posted since the 29th May,hope the writing isn't on the wall.

Latest update says hes not able to post screenshots atm but 'things have not progressed'

^