Tony Bloom

[Grey]

Brighton & Hove Albion have refused media accreditation to the Guardian because of their coverage about him.

This appears to be the main offending article. Be prepared for an essay, but it’s interesting.

Key aide to Nigel Farage was frontman for Premier League billionaire’s betting syndicate, lawsuit claims

Exclusive: George Cottrell ‘gave control’ of gambling accounts to syndicate headed by Tony Bloom, the owner of Brighton & Hove Albion FC

www.theguardian.com

Brighton owner Tony Bloom faces questions over allegations he bet on his own teams

Exclusive: Billionaire is claimed to be anonymous figure behind $70m of wins in US legal case. He denies betting on his own teams

www.theguardian.com

 

[Desert Orchid]

Going into the Celtic-Hearts game the other day, I noticed Hearts were blue across the board at oddschecker.

That did make me wonder if Bloom was getting money on.

 

[ReggieM]

I mean, despite all the talk that he doesnt bet on his teams or premier league etc, I think we all know the truth here. His firm uses the latest information to simulate results, reckon he has good information about his own teams? You dont make £600 million a year by being honest do you

 

[Slim]

I'm one of the few people who actually understands how betting syndicates work.

Point Blank: Tony Bloom and the Scandal Built on Misunderstanding

The real scandal here is not gambling.

open.substack.com

 

[Ian_Davies]

I'm one of the few people who actually understands how betting syndicates work.

Point Blank: Tony Bloom and the Scandal Built on Misunderstanding

The real scandal here is not gambling.

open.substack.com

Tony Bloom, like JP McManus and all the wealthy people in and around racing that many just love to discuss, is of zero interest to me.

I simply don't care how much money he's got or how he got it - he could lose it all tomorrow and I'd be no better off, or he could double his wealth tomorrow and I'd be no worse off (because he certainly wouldn't have won it off me).

But I'm rapidly coming to the conclusion that there is no such thing as a dull Slim article, not even when it covers a subject I'm not actually interested in.

Well worth a read, that (standard).

 

[Slim]

Tony Bloom, like JP McManus and all the wealthy people in and around racing that many just love to discuss, is of zero interest to me.

I simply don't care how much money he's got or how he got it - he could lose it all tomorrow and I'd be no better off, or he could double his wealth tomorrow and I'd be no worse off (because he certainly wouldn't have won it off me).

But I'm rapidly coming to the conclusion that there is no such thing as a dull Slim article, not even when it covers a subject I'm not actually interested in.

Well worth a read, that (standard).

Thank you. I appreciate that.

 

[barjon]

Nice article. Just the bare bones of the matter and not an ounce of flesh left on them.

 

[Slim]

Nice article. Just the bare bones of the matter and not an ounce of flesh left on them.

Yes. I've learnt that good writing is concise and to the point.

 

[an capall]

Very precise and clear, Slimucanu. Even I can understand the complexities of the matter when I read your words, which is not an inconsiderable achievement these days. Kudos.

 

[Slim]

Very precise and clear, Slimucanu. Even I can understand the complexities of the matter when I read your words, which is not an inconsiderable achievement these days. Kudos.

You can thank the good people of UCC for that.

 

[an capall]

Will you be at Leop to provide an update? I have just enough money to buy beer for students.

 

[Slim]

Will you be at Leop to provide an update? I have just enough money to buy beer for students.

Not at Xmas. The DRF is a possibility.

 

[pawras]

I'm one of the few people who actually understands how betting syndicates work.

Point Blank: Tony Bloom and the Scandal Built on Misunderstanding

The real scandal here is not gambling.

open.substack.com

would be interested to know what you can add to :

Key Characteristics and Structure
*Pooled Resources: Members contribute funds to a shared "pot," which provides the capital to place larger, more impactful wagers.
*Centralised Management: An organiser or "syndicate manager" is usually responsible for collecting funds, placing bets, tracking results, and distributing winnings. In professional syndicates, different roles such as analysts, bankroll managers, and "bettors" (people who physically place the wagers) are common.
I read Boom keeps the functional areas quite siloed for security reasons
*Strategic Approach: Unlike casual betting, syndicates often employ a data-driven, mathematical approach. This can involve using complex algorithms, statistical models, and research teams to identify "value bets" or inefficiencies in the odds offered by bookmakers.
*Formal Agreements: While not essential for casual groups, formal, written syndicate agreements are highly recommended to outline how winnings will be split, what happens in the event of a loss, and the responsibilities of the manager. This helps prevent disputes, especially with large payouts.
*Risk Management: Syndicates use bankroll management techniques to spread risk across various events and bet types, aiming for consistent, long-term profits rather than short-term wins.


The Process
*Agreement: Members establish rules, contribution amounts, and how winnings will be shared (e.g., based on the percentage of money invested).
*Fund Collection: The manager or designated person collects the agreed-upon stakes from each member.
*Bet Selection: This can be a group decision or handled by specialists using research and data analysis to find advantageous bets.
*Placing Bets: The manager places the wagers with a bookmaker or lottery provider. In professional syndicates, multiple accounts or a network of individuals may be used to place bets simultaneously and avoid detection by bookmakers who might limit winning accounts.
*Distribution: If a bet wins, the funds are paid to the manager and then distributed among members according to the pre-agreed terms

 

[Slim]

would be interested to know what you can add to :

Key Characteristics and Structure
*Pooled Resources: Members contribute funds to a shared "pot," which provides the capital to place larger, more impactful wagers.
*Centralised Management: An organiser or "syndicate manager" is usually responsible for collecting funds, placing bets, tracking results, and distributing winnings. In professional syndicates, different roles such as analysts, bankroll managers, and "bettors" (people who physically place the wagers) are common.
I read Boom keeps the functional areas quite siloed for security reasons
*Strategic Approach: Unlike casual betting, syndicates often employ a data-driven, mathematical approach. This can involve using complex algorithms, statistical models, and research teams to identify "value bets" or inefficiencies in the odds offered by bookmakers.
*Formal Agreements: While not essential for casual groups, formal, written syndicate agreements are highly recommended to outline how winnings will be split, what happens in the event of a loss, and the responsibilities of the manager. This helps prevent disputes, especially with large payouts.
*Risk Management: Syndicates use bankroll management techniques to spread risk across various events and bet types, aiming for consistent, long-term profits rather than short-term wins.


The Process
*Agreement: Members establish rules, contribution amounts, and how winnings will be shared (e.g., based on the percentage of money invested).
*Fund Collection: The manager or designated person collects the agreed-upon stakes from each member.
*Bet Selection: This can be a group decision or handled by specialists using research and data analysis to find advantageous bets.
*Placing Bets: The manager places the wagers with a bookmaker or lottery provider. In professional syndicates, multiple accounts or a network of individuals may be used to place bets simultaneously and avoid detection by bookmakers who might limit winning accounts.
*Distribution: If a bet wins, the funds are paid to the manager and then distributed among members according to the pre-agreed terms

Is there a question you actually want me to answer in this trauma dump?