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Gambling documentary
Gambling documentary
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Good friend of mine knows him well,nice guy apparently and bets are true but as mitch said no discipline...a key point here is that during the boom winning money at poker was easy if you had any clue about how to play,them days are over and these guys are struggling.
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I don't doubt his figures to be honest. Just seems very undiscplined but arent we all!
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A friend of mine knows him quite well too, but the rugby bets aren't true. I don't care how much money he was losing overall, no firm will take the other side of those bets blind, in such size. The markets aren't liquid enough that the bets can be hedged and he only needs to go on a 2-3 week winning run for the department's annual budget to be wiped out.
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for some reason people went mad playing poker when it became popular during the boom.
in a hotel close to me 200 people showed up first night they had a texas holdem tournament. took over an hour to sign up. a friend of my brothers lost his bollix in one night depositing money into powers playing poker. he emailed them to ban himself from losing any more money. |
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I don't play cards myself as I don't have the temperament, I couldn't hold out with a decent hand against a bluffer for example.
But the father-in-law was a very good player in his time so I'd have some insight into it. The people who lost money in the boom were on an ego trip, everyone thought they could be the big shot and weren't long going home with their tail between their legs. It was no different on here, I remember around 2008 laying horses at 1.2 on place markets for 5000 and 10000 in the morning that finished up at 1.3 sp which couldn't have been bookie hedges. Nicky Richards novice race favs - a classic example. Those punters simply ran out of money when 3+ out of 10 of the horses were beaten. |
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http://www.independent.ie/lifestyle/the-truth-what-are-the-odds-on-that-29194787.html - O'Shea gets a bit mugged off in this. "I felt that for a professional, his sports betting was a bit... well ... amateurish" lol.
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Who wrote that? Seems like a bit of a rant tbf Joe, he does not come across as having an encyclopedic knowledge of betting either although i think his hunch is probably right.
Btw it's on again tonight have not seen it myself so hope to watch it later. |
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If you are up 1.5 million, do you not usually have a Betfair account???
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You are kidding me he did not have a BF account Roger?
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Declan lynch wrote that piece in the Indo i believe. I was sceptical bout this show wen the trailer went around, then having seen it i was almost certainly convinced that O'Shea was at the very least exaggerating the sports betting side of things. So much of it just didn't add up for me and still doesn't. Just all strikes me that now he has gone broke he's tryna put himself in the public eye to gain a bit of a z list celeb status to earn a few quid and in order to do that he needed a bit of a story behind him.
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Does anyone else notice how less liquid the Gaa markets in play have become on here the last few years?
Also the Munster - Leinster market the other night was fairly quiet. John is right when he said its not as easy to be a pro gambler as it used to be. |
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Roger De Bris • April 12, 2013 11:09 PM BST
why the hell wasn't he laying Bayern off on Betfair???? At what point do you lay off? If Chelsea had equalised after an hour, would you ask the same question? Sounds like his trip to Vegas was the end of him, losing 50k on that one match wasnt much relatively speaking. |
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Two big teams does not mean a bit betting market. The Munster v Leinster match gets no coverage in the UK or anywhere else in the world for that matter. Have a look at the average match on Sky and there is generally a pittance matched. If there is no live sport on, maybe then the markets will liven up. The 6N is the only tournament to attract any meaningful level of cash. Rugby has never been a big betting sport here or anywhere else, which goes to show that he was at the very least exaggerating his bets.
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Just watched and i have to say could sympathise went some of the bad days he had although not for anything near similar money of course. I'd say he's a better fella than he came across in the Late late. Overall Joe could be right the sports betting does not add up but he seems a good poker player and added to that his online poker activity nearly felt like he was simply praying on weaker people which i i would say fair play to him but these people eventually go away for one reason or another and where do you get your money from? He also seemed to be betting on people's tips !
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i beleive him.hes like a lot of talented poker players.his ego was his downfall but he will learn from it!
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You have e50,000 on Bayern to beat Chelsea, and you have no Betfair Account open?
At what point do you lay off? Try the 83rd minute when Bayern take the lead, like everybody else who backed Bayern and layed off (me included)...... |
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were u in the big time roger?
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Why would you lay off,you back something because you think they will win.
This mania of " greening up " is the antithesis of gambling as its main function is too remove the risk which should be the purpose of the gamble in the first place. |
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I have to agree with Wildman here, greening out, trading out, locking in profit the vast majority of the time you're throwing away value. As a rule i never green out/trade out etc etc unless i think the other side of the bet becomes value then you can start thinking about it.
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roger is a different mentality,he dosent get it.hes another mug punter related to tony and workrider!
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It unnerves me when the Wildman and me share the same opinion on something.
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Unnerves me too,next thing you will be telling me your against giving compensation to half the country.
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If half the country qualify then they should get.
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mug punter....I cleared well over 6 figures last year rat, and I'm still in the game, unlike the bloke the documentary is about.
And I don't need anyone ringing me to tell me what to bet, I am the originator of all my gambles. |
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Normal service has been resumed.
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Wildman you are a former builder, who probably made his money and has now retired from the game and got out with some nice dinero too. You doing a bit of farming to keep you busy when you are not on here annoying people and most days go racing before stopping for a nice meal out on the way home, which you look forward to. You're probably an ok kinda fella and when you are drunk you pretend to be a woman. It's amazing what you can tell from people on here.
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and to answer your question "was i in the big time?"
I am in the "BIG TIME" as you call it.... |
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any chance of a tutorial roger?!
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what price did you take Roger if you don't mind me asking?
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Never a builder and never wealthy either
The last bit is worrying as the man you call Batman will be driven mad. |
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Couldnt even remember the exact price, all i know is I had a good few grand on Bayern, and i locked in a nice few grand when they scored. The reason I always lock in profit is anything can happen in soccer, and it's not my expert field, same as yer man O'Shea.
I done 16k on Sunderland the weekend, no locking in there unfortunately... |
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You bet Newcastle?
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no, I laid Sunderland, wasn't happy with the bet after 10 minutes, was surprised how well Sunderland were playing.
Got 13k back on the goals market, no real damage done. |
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fwiw roger the guy is a1.
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he's no different to us all, making our way through life and enjoying the ride.
Was just surprised he wasn't using Betfair as an outlet. I'm sure he'll be back on the bridle soon enough. |
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Saw the programme tonight on Setanta and enjoyed it a lot.
The highs and lows felt authentic and we can probably all relate on some level to what was going on. Some of his comments wouldn't stand up to a lot of scrutiny. I doubt if anyone clears 10% betting on sport. And his approach to staking was beyond reckless. But, hey, who amongst us can throw the first stone? Regarding the trip to Vegas, it's worth pointing out that it's almost impossible to make money in the long-run playing tournament poker. The rake on those things is up to 10%. Add in the cost of travel, accommodation, hookers etc, and the players are down 20-30% of their bankroll before a card is dealt. Factor in the top-heavy payout structures that magnify the randomness of the whole thing, and while a few chancers get lucky every year, it is strictly a mugs' game. The guy himself is clearly pretty sharp and I hope things work out for him, with or without the gambling. |
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^ which is why many players now sell about 50% of their action (entry fee) to investors / punters at a mark-up of about 25% to "cover their edge over the field". It seems every poker player is about 25% better than every other poker player.
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This mania of " greening up " is the antithesis of gambling as its main function is too remove the risk which should be the purpose of the gamble in the first place.
Shirley the main purpose of any gamble is to turn a profit? |
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Watched the programme last evening and in my opinion this fellow done himself no favours whatsoever. Now i dont know him or the sky over him,but he came across as a bit of a bawlix to me anyway. I can see how most ordinary people dislike gamblers looking at this programme. He came across as more than a bit arrogant,and also a person with both a big ego and also a superiority complex. The bit about dressing up as a gangster showed him in a poor enough light. It was cringeworthy stuff,even his poor mother seemed mortified. In this day and age the last thing the ordinary joe soap wants to hear is tales of somebody gambling tens of thousands on a sporting event,and with a third level degree and supposedly assets from the glory years,its not as if this character was on the side of the road. It was a much ado about nothing story if you ask me,i could name a dozen people who would have proper gambling stories to tell,but they just wouldnt bother.
The one thing though that puzzles me is that people doubting whether he in fact had these bets on the Champions League and the Heineken Cup final. I think he said he had 50k on both events,and people are saying he couldnt get that money on. Id imagine as long as you had the money you could(assuming the prices were there) have a million pounds on those events if you wanted to. The one thing i would have said about the fellow is that he wasnt lying about his bets,its just i wouldnt have bothered telling the people of Ireland about the magnitude of them. |