Betfair Guru said...
Hi mate,

to be honest your returns don't look that bad. I obviously haven't read the whole blog but you weekly returns are pretty good for someone who doesn't think that they can do this!

The only thing I would point out is that people don't really believe what they see in screenshots anyway!

I have no doubts whatsoever that you achieved these returns because I knoe exactly what can be achieved when you have an edge and some knowledge but a lot of people who haven't experienced these kinds of returns will hopefully find your blog inspiring rather than doubting what you post.

I would suggest a few weeks off as that normally really focuses the mind.

You would come back a lot more focused and with the right mindset you could be dangerous on the exchanges!

Why not also having a look at cutting down on the number of markets that you trade and settling on a few to really master?

Just a thought and good luck however you decide to play this out!

BFG

11 April 2011 23:50 
John O'Dwyer said...
You've got everything wrong mate, but thanks anyway.

So when Betfair Guru said "got no doubts whatsoever that you achieved these returns" that was wrong because Odwyer was lying?! Maybe the truth is coming out...

After someone was complimentary to him and gave advice, Odwyer in his reply is still ignorant and deluded enough to think he knows it all. He won't learn from his mistakes (or get a job).
Odwyer is a fascinating character and I find his story to be like looking at a car crash: shocking but you can't bring yourself to look away.

That is our John, he has not changed....






sigh.

John O'Dwyer said...
Hopefully not from yourself, but we'll see. That's the thing about Betfair, you are potentially making another person bankrupt which isn't a good feeling. We'd all prefer to be taking money from bookies, but then again, this would be too difficult if it was bookie vs Punter like it traditionally is.

He reminds me of a teenager, knows everything and can be told nothing.

I think he means his parents.

I think he means his parents.

Good call.[;)]

Thing is, he's not a kid, he's in his twenties isn't he? You can't live other adults lives for them even if you are their parent. It may sound selfish but keeping your own house in order is what matters. From what I read on the other thread they don't give him any money.

he has updated, -£3800 for last 3 months. Chasing a fake dream is a b1tch isnt it.

In the black this week

skip to main | skip to sidebar
Betfair Profit & Loss

Betting Gambling Casino BetfairDoc's Sports Service -  MLB Betting Advice: Boston Red Soxpowered by

Thursday, 21 April 2011
April Update

It's been an up and down month in truth. More downs than ups unfortunately. Again, I've been struggling with a bank size I consider to be too small and it's been difficult. This is no ones fault but my own. When I get to the 1k+ mark again, I've got to be more careful instead of going for it big. Reaching this number in the past few months has led me to push things that bit too far and although it was feasible to have made big money, luck wasn't on my side on those occasions. And that's what I needed due to the risk I took. Next time I will do things differently. This weekend is the perfect opportunity to get to that number again with a lot of sport on - especially the Rugby League on Good Friday, not to mention the Snooker.

With regards to the Snooker, I've been a little bit disappointed with some of the liquidity on 'frame betting', but this will probably improve as the competition goes on. I've also found 'frame betting' more difficult compared to previous years, mainly because I think certain people have now cottoned on. Someone out there is beating the Betfair timer by a good few seconds and whoever this is has the edge to make a lot of money. In fact, they probably are.

All in all, I am still feeling positive. Hopefully it's not going to be too long before I hit those big numbers again. I'll keep you updated. Any questions, feel free to ask.

7th-21st April 2011:


Australian Wallet:


Total P&L: +£420.68

Bank now at £150, going from £150 to £800 in a day then back down to £150.

Staking problems anyone?


It's been a disappointing weekend. In order to trade successfully, you need a clear head with no pressure. Unfortunately, the reason why I've been failing is I don't have the mindset I had last year. This time last year with Roland Garros approaching I had over £4k in my account which I managed to build from £500 in February 2010. Back then I did not owe anyone money and there was no added pressure of knowing that if I had a bad few days, it would not have that much of an impact.

With regards to this week, and to cut a long story short, on Thursday I had a £150 starting bank, and by the time the Super Rugby match between the Melbourne Rebels and the Highlanders had finished on Saturday morning, I built it up to £800+ again. Fast forward 7 hours and I was back down to the £150 mark again - due to losing on a market I usually do so well at. Frustrating. Frame betting on the Snooker this year has been difficult. The trick with frame betting is to look at when it appears unlikely that 'player b' will go onto win the frame. This could be because one of the key balls is on the side cushion making it difficult for him to clear up. This year, I've found top class players such as the likes of Ding Junhui and John Higgins are losing frames from near unlosable positions - when the table is in their favour and unlikely their opponent will go on to win the frame. Just through carelessness. This is only one of the differences I've found compared to previous years. A bit like the Darts, someone out there is beating the Betfair clock by a good few seconds.

Despite it being a difficult week, I've had the odd laugh or two - John Higgins having Betfred (the sponsor of the tournament) on his waistcoat. He must be laughing as well in private because it's the last thing he needed emblazoned on his waistcoat after the so called match fixing/betting scandal he was involved in recently.

Overall, we're almost at May and I've still not had any real improvement this year. I'm worse off than where I was in January. There's no point lying about things, it's not a good position. However, I'm confident things will improve significantly, so let's see what happens in the coming months.

He still thinks he has an edge by lumping on short price faves though....

I find it a bit sad, tbh. he doesn't come across as unlikeable or stupid; it's just he has the one big blind spot.

I'd actually quite like it if he did somehow crack it. but more I wish he'd pack it in and do something worthwhile while he's young and healthy.

I've never hated John, always found him a rather 'comical' figure, but in a rather tragic kind of way.

The worst thing that happened to John was that he had a good run on here.  He was clearly vulnerable to delusions of grandeur when he first started on here, and after the success he experienced last year he refuses to contemplate or consider any kind of reality check and is basically in cloud cuckoo land.

As I said before, you really must wonder what his parents are doing as they must be aware of the situation and whilst it's up to John what he does, it's a different matter when he's living in their house.

I don't want John to succeed at all again, not out of spite and nastiness, but simply because any success is only prolonging the long-term agony, better to lose everything now and just maybe he'll learn his lesson, so in the long-run it's better for him.

I can't disagree with Lori, although I never (in a 'previous Betfair life') had any kind of falling out with John I do recall he was often getting people banned for very little, and the way he moderates contributions to his own blog reflects this, as he doesn't allow any kind of negative posts, only those from those who encourage him that he'll make it big again (can never work out if they are that stupid or simply goading him).

He certainly has no-one else to blame but himself, and can't ever say that people didn't try to give him good advice.

Those were the days on the football forum - O'Dwyer, Carsten19 and thetitan (the latter being sensible and entertaining for the right reasons) :-)

fair enough, maybe I just haven't been paying enough attention. was just going on the blog post and recent stuff on here - but if he has form for dishing it out then so be it.

it's a sad fact that people are often at their least likeable when things are going best for them.

You can only laugh at his latest comments on his blog - going on about how he's won about £16k on Betfair since 2007...even if that is correct, given he has no other source of income that works out at about £5k a year to live on.  So even if his parents don't charge him any rent and  he doesn't contribute towards the bills, that's only just over £400 a month to live on...hardly enough to life a full and satisfying life, forget putting anything aside to buy a house of his own etc.

£400 a month really isn't that bad if you don't have to pay for anything

I blew around 5k when I went to the US Open in NY 6 months ago, as well as The Open Golf at St Andrews and Wimbledon last year. At Wimbledon I was tipping the London Cabbies 30 pounds a time when I was there everyday last year.

He just gets funnier and funnier. Says last year he hit a lucky acca to get him to over £500 and then he had the bank size to kick on and make thousands.

1. He has had a bank size almost double what he needs just a few weeks ago but lost it. (no edge)
2. He admitted he was lucky with an acca last year (no edge)
3. He continues to bet in 4 or 5 markets on japanese football and betting on every sport possible (clearly no edge)

This does make an entertaining read every few weeks though! What a mug.

ricard01, Did you have experience of odwyer on the football forum when he was a regular poster on there?