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ROFLCOPTERS
19 Jun 10 20:48
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Date Joined: 01 Aug 07
| Topic/replies: 1,641 | Blogger: ROFLCOPTERS's blog
Trust no one!

All hail arbboy

10-10K?

More like 100K-zilch
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Report casemoney June 20, 2010 12:41 PM BST
Very Sad, Ive never met Blatch but remember him Always appearing to do well in multis on crypto, often talked to him on tables there, i thought he was raking it in ,in those days.Lot of people give Arb grief but fair play
to him at least it has stopped now ,I wonder if any bets were ever placed at all ,I also wonder if he was on his own in all this ,when I started reading the thread I thought he was using a 2% account and claiming to pay 5% which would
not have been good but since he was doing the work perhaps
acceptable ,not sure where people stand legally doubt they
will ever see a penny of their money ..
Report [x] These checkboxes suck June 20, 2010 12:46 PM BST
Is Arbboy still banned on there please?
Report ROFLCOPTERS June 20, 2010 12:49 PM BST
no he was reinstated when proved right.

reading the thread i can't see why he was banned in the first place as all his questions and points were legit.  ok he was a bit repetitive but that's it.
Report thetitan June 20, 2010 1:22 PM BST
never read that forum before but they all seemed to be blindly single-minded against arbboy there, they were living in dreamworld for so long....if they were so ignorant with their money I'm sure they had it coming.
Report Dooberama June 20, 2010 1:35 PM BST
To be fair to blonde they are pretty effective in modding.  So there is talk of warnings, and it is clear some posts have gone.  So I don't think it is what is left that got him the ban.

And when Fancypant grimmed me, he managed to get me banned here for a month.  And that was only a tiny percent of full on blatch grim...
Report Six of Clubs June 20, 2010 1:35 PM BST
tbf i started reading the thread yesterday and even then arbboys posts sent me on tilt, when i had already heard it was dodgy.

he was banned not because of what he said but because he was asked many, many times to stop posting the same thing all over the forum.

unfortunately sometimes its not the message but how the message is communicated.
Report ROFLCOPTERS June 20, 2010 1:38 PM BST
i think the dictionary just got a new word

you've been blatched!
Report chipfire227 June 20, 2010 2:52 PM BST
i see he has resurfaced. [:o]
Report Soap June 20, 2010 5:03 PM BST
Arbboy in legend shocker.

I told yous ......Laugh
Report Soap June 20, 2010 5:03 PM BST
and Mavis knew this before all[:D]
Report chipfire227 June 20, 2010 5:18 PM BST
not sure about arbboy gaining legend status as a result of pointing out the bleeding obvious.

while i have some sympathy for the " investors " its somewhat tempered by the thought that they must have been incredibly dim to hand over money to a bloke to punt football.

as dave shallow points out on the thread almost everyone sport bets for fun while aware that in the long run they will lose.

what arbboy did was labour the point that sports betting/trading is hard graft, and you only get out what you put in, to the stage where they banned him.

you didnt have to be albert einstein or phil bull to realise after 2 pages of the initial thread that the bloke blatch was a chancer.

i can understand a couple of his close friends having the wool pulled over their eyes but some of the other investors...jeez what were they thinking ?
Report Soap June 20, 2010 5:30 PM BST
Above is like backing New Zealand to draw with Italy at pre match oddds 5 mins ago :D


Of course everyone looks at thread now and thinks how could i be so stupid.
Report "M" June 20, 2010 5:41 PM BST
WP arbboy, looks like he saved any potential new investors all of their stakes.  Shame about those who already invested, expensive life lesson for all involved.
Report Teeth June 20, 2010 5:44 PM BST
Jeezus if this is what happens on here nowadays i am glad i been away

AKA Teeth AKA Gummie Baggie Silly
Report Teeth June 20, 2010 5:45 PM BST
Doh, how comes i am still teeth??? Shocked
Report "M" June 20, 2010 5:48 PM BST
"i been away"

Menacing, very menacing.  Welcome back nonetheless.
Report dibble June 20, 2010 6:06 PM BST
out of interest, how's Sheriff's business venture going? how are our poker-forum investors getting on?
Report chipfire227 June 20, 2010 6:47 PM BST
soap writes :
Above is like backing New Zealand to draw with Italy at pre match oddds 5 mins ago :D


Of course everyone looks at thread now and thinks how could i be so stupid.


not really, it depends on your life experiences.

i worked for my family, who have one of the biggest on course bokmaking firms in the north for a decade. i understand how markets work, and know that to gain information on how markets will move, takes years of study and hard work, or access to priveleged information.

for a guy with zero experience of football trading and zero information about the markets to set himself up as a trader and be handed wads of cash based on anecdotal evidence is incredible.

like arbboy rightly states, to be a successful trader you need to understand money and markets, and not the sport itself. unless you have an inside angle, like those with fast pics in exchange shops, or those privvy to information about non-triers.

this guy had none of that, he simply punted his fancies while watching sky sports. it was evident he knew sweet f.a. about markets and trading as soon as arb started asking questions.
Report akabula June 20, 2010 6:49 PM BST
now now dibble - no scaremongering - but will be interesting to find out :-) - might be a few squeaky b ums after reading this.
Report dibble June 20, 2010 6:51 PM BST
lol - was only asking... ;-)

no doubt full accounts are being provided to investors.

fwiw, i certainly do not mean to imply that anything similar has happened.

was just wondering that was all :o)
Report akabula June 20, 2010 6:55 PM BST
i'm sure ur right - nothing to worry about -
Report Mavis June 20, 2010 7:57 PM BST
chipfire227 Jun 10 17:18   


not sure about arbboy gaining legend status as a result of pointing out the bleeding obvious.



This happened years ago old boy, do keep up.
Report Soap June 20, 2010 9:26 PM BST
chpfire

my point is that Arbboy posted before it happened and you say it is obvious after.

I think a few are looking at it now thinking it is obvious!!

I am not questioning your logic and reasosning simply stating it is after the event and there are a number of people on main thread making similar comments who aint posted until it came out.
Report Soap June 20, 2010 9:28 PM BST
and as Mavis says,  1 Cool
Report chipfire227 June 20, 2010 9:59 PM BST
i may be misreading the thread all wrong, but as even arb himself has stated tonight, he didnt come straight out and allege this guy was a conman. what he did was ask why, if he was a football trader,he had missed the biggest trading opportunity of the world cup, which was the huge plunge on south korea vs greece, by having his money tied up in an england game where the market was unlikely to move much at all.

that for me is stating the bleeding obvious : here is a game where a team has moved from 3.2 to 2.8 before kick off and a bloke who is meant to be trading football on behalf of a syndicate, is completely oblivious to it.

surely someone in this syndicate should have been posing the question arb did : " if we are meant to be doing this professionally why have we missed this ? ". its like buying a horse, putting it in with a trainer and then standing back and watching it win 10 lengths after being punted off the boards without having a penny on it, because it clashed with you watching an episode of coronation street.

the pair of them then got involved in a " my dad is bigger than your dad " slanging match, from which it was abundantly clear blatch was utterly clueless about both trading and markets.

im not suggesting it was obvious this was a pre-planned coup and i dont think arbboy did either. in fact ive actually argued on this thread that it wasnt, im simply confirming what arb himself has stated : anyone who knows about betting markets and betfairs commission structure could see immediately this kid was making it up as he went along.

if someone comes to me and asks if i want to invest in one mans football trading the first question im asking is whats your angle/wheres your edge ? if he says he is personally responsible for placing million pound wagers on behalf of a malaysian gambling syndicate on bent games and provides proof he gets the nod before the money goes on, then im tempted.

if he is some random gadge from the poker club with zero experience of trading, no accountancy qualifications, and zero knowledge of betfairs commission structure, but a couple of his mates say he is good at it, then im afraid im out.

there is no doubt arbboy knows his onions when it comes to markets, money and gambling.

i'm yet to be convinced about his poker brain.

i used to think he was an arrogant, belligerent, tisswot. but i am definitely warming towards him. i would genuinely be interested to hear about his trading on greyhounds. and i never thought i'd type those words.
Report Soap June 20, 2010 10:04 PM BST
Fully agree was never going to be an edge in this and even if started genuinley then was always gambling.

Would be different story if trading say BMX in Olympics
Report Misspoker June 20, 2010 10:51 PM BST
Im on page 31 and he has just had his first loss and is explaining it.

he said

I laid at 3.2 and was forced to back them back at 3.15 before the ineviatble money for Liverpool just before KO.

If he knows the ineviatble money is coming in for Liverpool and does the opposite.

Im starting to think these ppl deserve to lose their cash
Report Soap June 20, 2010 11:22 PM BST
Does anyone know if he ever dud buy a property with his tourney win as claimed on here when he asked for staking to d2d events.

This was probable horse sh1t also.
Report Soap June 20, 2010 11:24 PM BST
misspoker go to half way down page 94 will save you a lot of time if want summary only.

http://blondepoker.com/forum/index.php?topic=48399.1395
Report Misspoker June 20, 2010 11:35 PM BST
Na Soap its like watching a car crash in super slow motion reading the lot, including the pictures of superman etc lol
Report Soap June 20, 2010 11:38 PM BST
lol - I wonder how many cumulative hrs have done similar,

Bet we are talking 10kish !!!
Report Dooberama June 21, 2010 12:12 AM BST
I guess this thread is going to summarise it in detail

http://blondepoker.com/forum/index.php?topic=48454.0

Long old read and not much light in the main thread
Report chipfire227 June 21, 2010 12:49 AM BST
not sure when the 35k win was, but if he did have an iva in 2007 it would preclude him getting a mortgage at any point after 2007.

likewise if he had bought the property prior to the iva he wouldnt be able to pocket any equity from the sale without the creditors getting a chunk.

i think the stuff about the property was horsesh it. he is a scammer, and is hardly likely to admit to gambling away the 35k. though thats almost certainly what happened.

my ex best mate was a compulsive gambler. they just dont know when to stop. he was a betting shop manager who was robbing money from his own shop. when he got sacked for fraud he went through his dead dads pension lump sum under the nose of his mother, and even remortgaged her house without her realising it. he also done all of his mates over for cash.

it genuinely is an addiction, they are no different to smackheads,in that theres no limit to what they will do to get their hands on money. and okay theres a gambler inside most of us, but most people know when to stop.

the blatch bloke is a pathological liar. and in the end that and his ego is what caught him out.

every man and his dog knew the south korea vs greece game was punting gold. the might of the greek gambling community clashing with the far east gambling syndicates.

i think it was rumoured at one point anything other than a win for the greeks would be the final nail in the coffin of their economy.

the game always looked a traders dream. in the face of the greek punting onslaught, ive no idea what sums of money it took to force the koreans to move half a point in the pre match market, but as arbboy repeatedly pointed out it was massive. if it emerges in years to come that the game was a wrong un it wouldnt suprise me.

at first blatch refuses to accept the match was trading gold. when arb is his persistent self, blatch starts coming out with some guff about having all his funds tied up in an england match where the market was static.

even then, rather than admit he was wrong to have taken the line he did, he idiotically starts questioning arbboys market knowledge.

all he had to do was say to arb from the outset " yeah yr right mate, i slipped up not getting involved in that game "

instead he picks an argument with the most belligerent man in europe on a subject he is meant to be an investment manager in, and actually knows fk all about.

what still amazes me is that this guy was able to keep up the deception for so long when he wasnt even aware of basic information such as the betfair commission structure and that none of the investors even quizzed him about it. in fact one guy who gave him 5k states he doesnt even know how sports betting works. Cry

wtf ?
Report Mandylou June 21, 2010 1:36 AM BST
i think chipfire in his last 2 posts sums it up perfect and is the most sense ive read on here in years
Report casemoney June 21, 2010 2:52 AM BST
I think there is a lot of greed and stupidity involved and

that

includes the so call investors ,its quite unreal ,as I said

one is born every minute.. Chip is spot on in what he

says ,who the **** hands 5k to someone they dont even know,

or dont even know where its going its crazy.. whats more

crazy is crying about it now Laugh im sorry but it is

amuzing,in parts ..
Report IPLAYBAD June 21, 2010 1:31 PM BST
as much as blatchley has cost other people... he has taken 6 hours out of my life just reading it...  at the moment that is my biggest concern however my stance may change in the future.  Reading the entire epic thread I was totally thrown by how the blonde forum is.. its like 'waltons' online - they are all so nice!  and obviously stupid.  I can say for certain if the thread had started on here 'betfair' forumites would have eaten him alive before a penny was invested whether he was well known or not (such a nice bunch on betfair)  ;-)  They gave over 100k to a bloke who sounded exactly like a fella who used to be on betfair horse forum - moneytree or something like that.. My oppinion is he may well have set out with good intentions but had underlying gambling issues - as with any gambler with money on betting account it will soon spiral and obviously be lost.. the 5k dumps to me were for his other account.  Not to withdraw just to gamble probably.. I know the gamblers mindset well ;-)  some people on the blonde forum speak of it being there worst ever day... well they must have had fairy tale lifes because losing 20k or whatever I would never class as my worst day ;-)  and a mate scamming you isnt really a big shock, my brothers scammed me when I was 16 for a monkey... police getting involved really is a shot in the dark, it really is a kinda of civil matter and as no agreement was signed and no official document drawn up.. there is no case
Report IPLAYBAD June 21, 2010 1:40 PM BST
also forgot to say wp to arbboy - reading the thing he was the only one speaking sense - no one would have it but man it was plain to see.  He smelt a rat and was right.. anyway this has made me think a few things over - I am going to start trading on betfair - looking for investors - I am a full blown gambling addict and do not even allow myself to deposit on gambling sites anymore - so if I could get around 80k investment that would be good... ty
Report ROFLCOPTERS June 21, 2010 1:59 PM BST
http://www.guardian.co.uk/uk/2008/mar/15/1
Report dibble June 21, 2010 8:51 PM BST
there is a potential charge of fraud here and i can't be arsed to go through the reasons but look up the fraud act and the Ghosh test if you really care.
Report Soap June 21, 2010 10:14 PM BST
If you go  2plus2 you will see 100s of people every day sending casg to people they do not know at a mark up on staking threads.
Report Soap June 21, 2010 10:15 PM BST
Dibble this is fraud no question about it, especially last part when got staking for wsop with no intention of playing.
Report chipfire227 June 22, 2010 11:52 AM BST
people did give him money to gamble, but the bloke has pretty much lied through his teeth from the get-go.

he was preety adamant in september 2009 he would be trading football matches prior to kick off only, and not trade in running.

within weeks he was lying about his winnings/losses and betting in running.

by february 2010 he was betting on anything and everything, at one stage losing circa 12k on the horses in 4 days.

all the while he was lying to attract new investors.

even his " come clean " private message to investors was a self-pitying pack of lies.

its a while since i worked in the lord chancellors department, but i cant see investors recovering much if anything.

a civil case would be prolonged and costly. even if the investors were successful all they would get is a judgement that would be unenforceable if the bloke has no assets : in essence chucking good money after bad.

a criminal prosecution will cost the investors nothing, but again, even if successful, isnt going to produce much financial recompense. essentially you  cant get blood out of a stone : if he has got nowt, he has got nowt. anyone suggesting he has squirreled the money away and has it hidden under his bed, is daft as a brush. the bloke is probably already getting odds off the family solicitor on him doing jail time, and looking for a bit of 6/4 with his next giro.

in the long run a bit of time at her majestys pleasure might knock some sense into him that a good kicking ( which is what he would have got where i live ) wouldnt  do. if an IVA didnt stop him punting, then i doubt being humiliated on a message board will stop him.

finally, someone made a very good point about what would have happened if he had looked for his funding on this forum. i know we are often described as a bunch of nasty, pish taking, unhelpful, tosswits. and yes, at times we are. but i also think there's a lot of folk on here that have a lot of experience of gambling, and while we may be on the whole a cynical lot, thats probably because we recognise that there are no get rich quick schemes in card playing and punting that dont involve breaking the rules. or the law.

p.s anyone fancy putting 10k on france to beat south africa for me ? i seem to have mislaid my bank card.
Report Six of Clubs June 22, 2010 1:25 PM BST
anyone suggesting he has squirreled the money away and has it hidden under his bed, is daft as a brush

I dont own a brush!!

one thing that stands out is that all the evidence so far has come from the perpetrator himself, including the "spreadsheet" with the list of bets. As far as I can tell, they have requested another from bf but that prob takes them a couple of days and it will take that long again to go through.

so you have only the word of a massive grimmer that there is no $$$ left, personally i'd want more information than that before coming to a conclusion.
Report thetitan June 22, 2010 1:47 PM BST
YOU'VE BEEN BLATCHED!
Report chipfire227 June 22, 2010 4:32 PM BST
i dont think he set this up to feather his own nest, he did it to provide himself with funds to gamble.

compulsive gamblers dont as a rule put money into savings accounts, they need to bet with everything they have otherwise their gambling has no point. hence he was risking huge sums ( in excess of 20k ) at times to make minimal profit.

when that money runs out they seek new sources of funds. suggesting he has funds hidden away is a bit like suggesting a smackhead has an isa and a savings account.

the IVA prevented him getting funds through the normal channels, so he switched to scamming people.

the money filtered out of the account will have gone on " keeping up appearances " when out and about and funding the live games/staking.

as ive said, only the sunday before last he was at my table in an apat league game which has a nominal buy in of 10 bucks and betting a couple of hundred on 5/4 shots at the world cup. he wasnt having 200 quid accas to try and win the money back at this point, he was just betting for the sake of betting.

by this point he knew the game was up, he knew the end was in sight, but he still keeps betting with the last few hundred quid he has begged, stolen, or borrowed. the only reason he doesnt come clean until forced to is that fessing up will prevent him temporarily doing the one thing he is compelled to do, which is gamble.

the guy is sick and deluded. i hope for his sake his parents get him into some kind of gamcare funded therapy, and cut of all access to money. that said the IVA  didnt stop him, so i doubt this will.

my old man had a similar problem and died alone : skint, and ostracised from his entire circle of former friends and family. i didnt even bother going to his funeral and neither did my brother or sisters. losing his family and a couple of spells in jail didnt stop him and im not entirely sure it will stop this blatch fella.
Report illian June 22, 2010 10:13 PM BST
Can i have my 10K back chip, france just lost ....
Report chipfire227 June 23, 2010 12:16 AM BST
lol, dont tell me you put it on the football ????

you fool, i wanted it on the rugby.

your mistake, i aint paying for it.
Report Chompy_imo June 23, 2010 1:03 AM BST
[  ] arbboy is a hero
Report IPLAYBAD June 23, 2010 10:40 AM BST
Just a few more things I have got to say on this - not sure if it is a regional thing or not.  I come from the South East - Down here if we look and sound like a noob, wear rugby shirts and drive a fiesta....  we generally do not think of this as 'balla'  - Anyone who actually thinks this was a grim or con than think first is neil really intelligent enough to pull that off?... no he is just stupid - on every thread I have ever seen him in, he never sounds like a trader - he shows so little knowledge, how so called 'clever people' actually trusted a degen gambler to handle an 80k fund is beyond me. How did george or others look at neil in these crappyy clothes driving in a two bit motor and actually think he was a successful trader? I know all the funds are gone - when a degen gambler starts he finishes, the only way to stop is to run out of money...  The thing just spiralled for neil - he thought I could have a free gamble under pretence of trader.  He prob original thought, if I lose it all than the investors would expect this as part and parcel of it - he never dreamed he could amass a fund of 80k.  He never planned for it and it spiralled.  People have to be aware to run a fund of this size is not mickey mouse work - it not only takes intelligence and god knows how many years of work, you also have to know the right people and account for every eventuallity.  Last thing was neil actually an accountant like he stated on Bristol win? - imo from his posts on trading and figures in general I find it very unlikely he even passed his 11
Report Baron von purple hoffan June 23, 2010 12:37 PM BST
^^^^^^^^^

Sorry, after reading the above, did you pass your 11?
Report ROFLCOPTERS June 23, 2010 12:48 PM BST
threads locked on there now

shame, was epic reading
Report IPLAYBAD June 23, 2010 7:42 PM BST
^^^^^^^^^

Sorry, after reading the above, did you pass your 11?

No, but then I have my own business plus a 50 perc share in another and believe it or not I thought the thread was about Neil and not me... Neil is busto and I am far from it... what are you and exactly where do you get off pulling up someone for sharing his oppinion?....  what a twatttt
Report akabula June 23, 2010 7:48 PM BST
Hi IPLAYBAD - Still grateful for all those free poker lessons (RedDolphin). BTW the baron just typical of some on here- waiting in the wings to put their negative and/or insulting spin on things.
Seen an earlier post - u given up the poker as well?
Report age 21 June 23, 2010 8:00 PM BST
i would think that IPLAYBAD is very close to the reality of what happened, scammers and conmen are usually (obv not always) nasty people from the outset, neil blatchly didnt come across as this to me.
Report IPLAYBAD June 23, 2010 8:05 PM BST
Hi Mate
Long time no see, nice to hear from ya - well my gamblng habit hit high last year, done more than blatch (but it was my own cash) - nearly lost the wife, house etc but I haven't had bet since sept last year.  My poker went out of window (obviously) last year but I plan on hitting the tables again in a few months.  With huge losses came real bad poker play, I lost on sng last year but I know the last time I played tourneys in sept I won the ews twice and the 5k once in a week ;-).   So I still no I got it ;-) I feel good again and most of all I have no want to bet - I had a huge habit, as serious as it gets ;-) Wishing ya the best at the tables, I will see you soon - say gl wp to homey - he still doing well I see ;-)
Report Baron von purple hoffan June 23, 2010 9:20 PM BST
No need to explain your career IPLAYBAD. Akabula, sorry mate never heard of you.  Have been here years, don't post now, but just lol at people who post and knock intelligence, when i can't work out by their English if they're Italian, Greek or dim!!


Neil is not thick, unfortunately he's a degenerate.... End of.
Report Dealem.... June 23, 2010 9:47 PM BST
lol, im lovin all the people who knew arb was right... after the fact...

class...


i only got to page 14 b4 wanting to slit my wrists. thanks for the summaries, i wish i could forge through it to the juicy bits...
Report IPLAYBAD June 23, 2010 9:51 PM BST
Neil is not thick, unfortunately he's a degenerate.... End of.
Have you actually read Neil's posts not only on blonde but other forums... please - and have you ever met an intelligent person who wears a rugby shirt? ;-)
Report Dealem.... June 23, 2010 9:54 PM BST
I'm gonna tell Estelle u said that!
Report akabula June 23, 2010 10:05 PM BST
I take it you know Neil well then otherwise how would you know. Reading his input into trading arguments he didn't come across as a nery intelligent person.
Still makes me wonder why you feel the need to knock someone who was giving an opinion.
Report illian June 23, 2010 10:22 PM BST
Hey iplaybad, sorry to hear you had a problem , glad to hear u solved it. Get back at the tables , u are a good winning player . GL Entabeni.

Chip  i need that 10 K really back, i wnat to go and live by the ocean.
Report IPLAYBAD June 23, 2010 10:28 PM BST
Hi Enta
Nice to hear from you ;-)  Thanks for your kind words - I certainly will be coming back... gl at the tables mate ;-)
Report Baron von purple hoffan June 23, 2010 10:44 PM BST
Akabula, so it's ok for Iplaybad to make a comment about a person he doesn't know, but you slate me for the same.... Please!

I don't know Neal and to tell you the truth i don't give a toss about the degenerate loser, but just like Iplaybad if I want to say something on a forum i damn well will.
Report akabula June 24, 2010 2:21 AM BST
Don't want to get into a protracted argument with you but the difference being that Blatchy has put himself up for comment by his actions. My point is too many people on here see the need to be critical of others opinion by taking what I would call cheap shots. Disagree without having a go at the poster. Have you read anything that this guy has posted for instance - I doubt it because if you had you would probably agree he 'ain't too bright'. Anyways feel free to have the last word because I won't reply :-)
Report Baron von purple hoffan June 24, 2010 8:22 AM BST
Last word [:D]
Report akabula June 24, 2010 9:23 AM BST
Oh no it's not (so i'm a liar) :-)
Report chipfire227 June 24, 2010 10:06 AM BST
dealem people agreeing with arb after the event, agreed with him at the time.

lets remember arb didnt come out and label this bloke a cheat and a conman, what he did was repeatedly ask blatch why he hadnt traded the korea vs greece game. repeatedly. to the point where he got banned.

he didnt say " i think you are robbing people blind " what he said was " i dont think you know what you are doing/talking about, and i cant believe you make money " which is somewhat different.

during the course of that exchange it was blindingly obvious that arb knew more about trading and the markets than blatch.

by the time they got to discussing the commission structure a few people realised blatch didnt have a clue what he was talking about.

arb didnt expose him as a thief, or suggest he was robbing people. he simply pointed out that he didnt understand betting or trading. and those of us who have worked in the industry could see he was right.

arb didnt single handedly pull the house of cards down, he just removed the first card.

the reason people are saying he was right is because he was. south korea did move from 3.3 to just under 2.8, it was the biggest gamble of the world cup, and anyone running a football trading investment fund should have been both aware of it and financially involved.

the whole scam was about to be revealed anyway. the guy had run out of money, was 80k in the hole, and was down to betting a couple of hundred on a 5/4 shot and playing 10$ mtts. his last possible hope of escape was the vegas trip and he had blown the money for that already.

he had at most another fortnight till the end of the world cup to find 80k. that wasnt gonna happen.

nobody, including arb, knew blatch had done the lot in, or what kind of sums were involved. thats why the thread ran to over 100 pages.

im not an arbboy fan, but i agreed with most of what he said in the thread initially, and while ive doubted his credentials as a successful trader on greyhounds in the past, im prepared to accept i was almost certainly wrong. the bloke does seem to know his onions.

i still dont rate his play in d2n's mind you Happy
Report R0ykeane June 24, 2010 10:52 AM BST

11) People are devastated. They want to get the police involved, some have lost their savings, some cant go on holiday this summer because of it.


LaughLaughLaughLaugh


Seriously...how stupid can you beConfused
Report R0ykeane June 24, 2010 10:56 AM BST
how do you do it Blatch.

do you just see that the market is moving, for example Liverpool move from 1.44 to 1.43
then lump the balane on at 1.43
and then just wait till it hits 1.4/1.41 and make the trade.

How do you know they wont just insta drift out to like 1.45, youre incred.
Report Bazalini. June 24, 2010 12:52 PM BST
Thread has been close on Blonde now as they are helping police with the Matter.....

From the outset I couldn't see a charge as there was no T&C agreed between NB and the investors. Anyone know what is happening in relation to it
Report flatliner June 24, 2010 1:59 PM BST
chipfire277 right on the money, on this thread.

Believe me you don,t just walk into the football markets and start trading.......it costs, time and money.
Report IPLAYBAD June 24, 2010 2:07 PM BST
yh I see thread has been closed - we should get to hear what the outcome is soon enough.  IMO because the entire thing was a gamble as much (as investors would like to argue it wasn't) this will be the stumbling block.  It may well get to court but really as far as funds are concerned I can see no way he will have to pay it back.  I am not at all knowledgeable with law - I have been through a few criminal matters personally as well as close friends and family (nothing like this)... and I know say for instance even when fines are imposed they do not have to be paid.  Most people if they choose to can avoid paying fines etc without much trouble.  In our country unless you de-fraud the state, bank or in some way need to be made an example of they generally do not bother much.  A lot of the investors are trying to shape laws to suite this issue however crime involving online issues is in its infancy.  I think on top of the fact Neil can say he had gambling issues and is seeking help the court will give him the benefit.  The investors will have to answer questions like ' you sent a man you hardly know funds to gamble with'  what exactly did you expect the outcome to be!  You never asked for proof of the funds or any evidence as to how the shape of the fund is.  personally if it was me, these things can not be handled in a lawful manner, the police, courts, lawyers etc are all a waste of time - I would visit him to get my funds back in any shape or form, I would not care for others funds, only my own... he certainly would not be walking about - I mean he is even logging on every day to view his threads, complete psstake
Report thetitan June 24, 2010 2:30 PM BST
certainly grounds to do some vigilante work imo
Report Dealem.... June 24, 2010 3:57 PM BST
chip... i don't want to get involved in an arguement about a subject i know far too little about.

just a few disclaimers...
i didn't see the acquisistion procedure he went through to get the fund.
i don't read that forum.
i didn't read the whole thread, up to about page 15-18 i think.
i don't know him or his investors.

all i am going from is the little i read in that thread and peoples responces...

now, i did read enough to catch Blatchys long initial response where he said he wasn't going to trade 24hrs a day, he wasn't saying he had high level info, he was out that day getting on with his life, blah blah blah... now we now know that was all irrelevant as he dun the dough but say he turned up yesterday with 135k everyone would be agreeing with that forums general response which would be to attack arb.
Now arb was a pest in that initial stages of that thread. he kept repeating things that didn't need repeating as Blatch hadn't reponded yet. He also got involved in something which at that time wasn't really his business under the guise of sussing out this fund for pals. He had already told them it was no good and private advice should have stayed private IMO.

He was argueing with fund investors who until then thought the fund was in profit, someone even made a 740£ withdrawal from 500£ i think(?) and kept going on about not enough roll to fund a soft cash game or something... people segregating their cash goes on all the time, buying TV stamps, childrens trust accounts, even paying annual bills monthly. it means nothing.
if someone thought they could trade or gamble professionally and managed to wrangle financial support through good reputation, recommendation and for little self gain then the fact he didn't know about the "biggest traders dream of eternity" meant feck all. i am sure there are opportunities that go on the few "in the know" implied of in the thread don't know about until after the fact. i am also sure there are traders who nibble away on their own steam with little or no contacts too.

I am not anti-arb, in fact, i have gone against forum opinion before by just reading through facts regarding topics he bleats on about and generally, he seems to state factual stuff which although may not be relevant seem sound.

All i am saying is, it is all too easy to now say arb is a hero and it was obvious it was a scam but the fact is it wasn't, or it would have ben uncovered earlier...

I didn't name you directly in my post. if u thought XYZ then fair enough... generally, IMO people are jumping on a stone already rolling.

I am just treating it as an interesting situation and enjoying the fuss TBO... the investors are partially to blame by not following up their investments with the correct controls... i think it was a one for all and all for one attitude where people just didn't want to miss out therefore greed led lol. i have been there...

While i'm on this thread i will add i can't see the law helping anyone out here, with no assests or net worth they cant force him to pay. even if judgement went agaisnt him he could plead "£2 a week m'lud"
Report IPLAYBAD June 24, 2010 4:45 PM BST
i think the main reason no one had picked up on it is because the blonde forum group are a little bit funny to say the least - the actual amount of 'outsiders' visiting the blonde forum before this kicked of was very low compared to others.  imo it prob would not have happened or not been nearly as bad if it was another forum.  They believe in each other on the blonde forum, so much so I would say blindingly.  I mean to say no one would have picked up on this had it been elsewhere is wrong - I am not a trader, never have been - but from my knowledge of punting alone I could tell from his first post he was full of it.  I felt that Arbs intervention was right, he asked questions nobody else had - Arb will say that this sort of thing hurts his business and he can not be having that.  The picture is far bigger than Neil  ;-)  I have read the entire threads and they are epic - the man has hurt staing plans the world over - he is a menace and Arbs intervention certainly can not be looked on in a negative way
Report Dooberama June 24, 2010 7:03 PM BST
I just came across this thread which is full of irony after what happened.

http://blondepoker.com/forum/index.php?topic=47028.0

Note the bet is pretty soon after this

After this game, I believe Blatch transferred most of the winnings out of the account using the following two bets. He backs both tennis players against each other @ 1.1

01-Mar-2010 00:00:00   01-Mar-2010 03:31:55      Settled      United kingdom   10234052970   101192407   Tennis      Qualifying Matches / Antoniychuk v Savchuk      Qualifying Matches / Antoniychuk v Savchuk; Match Odds   Kristina Antoniychuk   Back   GBP      United kingdom      3,000.00      1.10   1.10   -3,000.00
01-Mar-2010 00:00:00   01-Mar-2010 03:31:55      Settled      United kingdom   10234052971   101192407   Tennis      Qualifying Matches / Antoniychuk v Savchuk      Qualifying Matches / Antoniychuk v Savchuk; Match Odds   Olga Savchuk   Back   GBP      United kingdom      3,000.00      1.10   1.10   300.00
Report IPLAYBAD June 24, 2010 7:34 PM BST
yh he also did similar type bets at some other point - 5 grand if i remember rightly - I believe he matched bets on his personal account.  Can not be sure as they have not released any details of his personal account... but there are very quiet periods on the blonde betfair account which I presume he was busy gambling on personal account with the blonde cash... also possible he was working with someone else and they matched the bets could also explain it, but he to me is everything a degen gambler is, so my gut says he matched on his personal account and done the lot...
Report IPLAYBAD June 24, 2010 7:37 PM BST
there is also a disputed 30k that is missing, prob was used on playing tourneys (live) and playing cash, living expenses etc.  He was a terrible poker player and did not seem to understand the simplest of plays - I would estimate he spent around 20k on live poker during the blonde trading thing
Report Soap June 24, 2010 7:40 PM BST
He was not a terrrible poker player.
Report ROFLCOPTERS June 24, 2010 7:57 PM BST
so the general betting thread on this went earlier today
footy thread just gone
how long has this one got Laugh

wimbledon tickets quality tuesday cheers soap
Report IPLAYBAD June 24, 2010 8:04 PM BST
I may be wrong about that soap, so I am open minded ;-)  I do believe he caught a couple of results over the years (35k for one) but his interviews and threads on poker are that of an amateur
Report Soap June 24, 2010 9:23 PM BST
Who do you see Canary?
Report ROFLCOPTERS June 24, 2010 9:44 PM BST
kuznetzova first, then keifer ferrer, sharapova, then malisse ferrerro.   so good to just walk straight in and not queue all night!
Report chipfire227 June 24, 2010 10:05 PM BST
hi dealem, i think we are in general agreement.

as i said at the start of this thread, fair play to arb for pointing out the flaws in blatch's thinking, but he didnt exactly rumble him single handed. he simply pointed out he wasnt very clued up. which begets the question how is he making money ?

arb repeatedly pointed out the stupidity in having the fund money tied up in a game  where the market was unlikely to move much if at all ( could anyone see a flood of money coming in from anywhere supporting the algerians ? ) while there was a game which even the racing post world cup preview predicted would be volatile prior to this.

it wasnt so much what arb was saying, it was the truly awful responses from blatch i.e. i dont know much about markets, i dont read the sporting press, i dont understand betfairs bettting commission, i have no inside information, do the asians like a bet then ? which set alarm bells ringing.

everytime blatch responded to arbboy it was head in hands man time. you just sat there reading the thing, thinking how in the name of the lord has this man made money all season ? and of course at that point the old school gambling cynic in you kicks in, and you start thinking, i bet he hasnt won anything like what he is claiming. in fact i bet he is behind.

ive been in the game a long time, and if i had a tenner for every bloke that has told me he was a winning punter overall and was lying i'd be minted.

its nice in this day and age that there are still people who are nice, and trusting, and give people the benefit of the doubt. theres a few on that thread. unfortunately they are the ones 5k out of pocket.
Report ROFLCOPTERS June 24, 2010 10:10 PM BST
you can still be nice and trusting without being naive and stupid imo
Report callataxi June 26, 2010 4:29 PM BST
well i havent posted on here for ages and was only directed to this by jazzy jon.

i have spent some time in blatch or 10-10k as i shared a room with him on 2 occasions in the early betfair forum games.

he was also a member of my team the "pro traders" which im afraid is rather inappropriate for neil to be associated with.

again like many others found him fairly likeable guy and seemed pretty knowledgeable in general on all things poker and sports betting.

i did have to pay for his room on one occasion when he said
his card wasnt working or something and also did lend him a bit of money online, which even though it took a long time, he did eventually payback.

maybe it wasnt worth him building up a bad credit rating with someone forum related, if he was to get peoples trust a lot later down the line.

as has been mentioned, it does amaze me that people gave him so  much money and didnt over a long period if time ask for any proof of how he was actually getting on.

i personally think that if you cant make gambling pay by doing it yrself and using yr own judgement, then you shouldnt be in the game and certainly not giving it to others to play up.

really hope the people concerned recover from this financially as i assume even if police get involved, no money is going to be avaialble to pay back and be suprised if any conviction was brought.
Report callataxi June 26, 2010 4:30 PM BST
ahemm....... 

2nd line should read WITH blatch not in!!!  geez!!!!
Report JPJ June 26, 2010 4:35 PM BST
Laugh Andy.

Hope you are well mate.
Report flatliner June 26, 2010 4:53 PM BST
i did have to pay for his room on one occasion when he said
his card wasnt working or something and also did lend him a bit of money online, which even though it took a long time, he did eventually payback.

The sign....if you borrow money give it back promptly without being asked.
Report callataxi June 26, 2010 5:10 PM BST
JPJ Joined: 10 Apr 02
Replies: 530 26 Jun 10 16:35   


Andy.

Hope you are well mate


yeh im fine thks, im still on betfair every bloody day, i just dont really bother with any of the forums anymore.

unfortunately gave up betfair poker shorlty after the switch from crypto and now just play stars.

to be honest, most of the people i first knew on here seem to have all gone their separate ways.
Report dibble June 26, 2010 7:22 PM BST
Hello Mr Taxi Happy we're not all gone!
Report R0ykeane June 29, 2010 5:02 PM BST
latestConfused
Report checkAA_ June 29, 2010 5:56 PM BST
His family bailing him out by all accounts
Report Six of Clubs July 1, 2010 12:40 PM BST
Mr Taxi!! the forum game is coming up in Aug, don't know if you are interested or available. I think the pro traders need a new capt at least, are you up for it by any chance?
Report callataxi July 2, 2010 7:01 PM BST
hello m8. my live poker days are over im afraid. i still play a lot online and still spend most days trading on sport, so prefer playing
golf and tennis when ive got some free time. oh and taking missus
out occasionally!!
Report Lenny the Guvnor July 4, 2010 4:47 AM BST
Taxi 8pm here, are you trading tennis still? I've kinda moved in that direction now...
Report Six of Clubs July 5, 2010 8:02 AM BST
np Taxi, enjoy the good life!
Report Dooberama September 7, 2011 4:19 PM BST
But how much did you lose?
Report callataxi September 17, 2011 9:28 AM BST
are there any updates a yr on?
Report Dooberama September 17, 2011 11:02 AM BST
family bailed everyone out.  Don't know what happened to Neil.  Don't think he plays live anymore, and don't think he has been back to blonde poker.
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