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

 

[judemallon74]

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

What? Tony Bloom's football-related bets are audited annually by a leading accounting firm to ensure compliance with FA rules. He has come out and confirmed that.

Additionally, Bloom has his own football analytics company - Jamestown Analytics. They recruit players to his teams with a data driven approach and looks to resell at higher prices. He has ways of making money out of the teams he owns without needing to bet.

 

[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?

 

[pawras]

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

As syndicates seem like they are ran as a business with a terms of reference and people work within defined roles & responsibilities.
Is there an aspect of how they work that I have missed in that set of bullet points?

 

[Chunky Monkey]

Interesting thread giving insight into operations that exist in the main, out of the spotlight. From the structure and management sections this looks as though it requires quite a number of people to operate, who I assume all need rewarding or paying in some form. The discipline required looks to be covered off by the rules and agreements. I am just wondering about the dynamics of how presumably significant sums are wagered.

 

[Slim]

As syndicates seem like they are ran as a business with a terms of reference and people work within defined roles & responsibilities.
Is there an aspect of how they work that I have missed in that set of bullet points?

Yes. You should have asked ChatGPT if it was helloucinating.

 

[Nfehily19]

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).

I just have to say that you might have some Stockholm syndrome going on.

 

[pawras]

Yes. You should have asked ChatGPT if it was helloucinating.

I'm sure not all syndicates work the same or do all those things, especially depending upon their size or location, but the internet search just brought back the same stuff I'd read in articles/interviews re Hong Kong syndicates, an interview of Tony Bloom I'd read, plus stuff a guy I know who works doing the maths stuff for one of them has told me. Tony Bloom's comment about silo's was interesting to me, I think he wanted to limit the number of people who had a view of the whole operation.

So what other stuff is there?

 

[Ian_Davies]

I just have to say that you might have some Stockholm syndrome going on.

Nah, I've got the underrated Not Remotely Interested In Other People And How They Accumulated (And/Or Lost) Their Wealth As It Makes Me Neither Richer Nor Poorer Syndrome.

My late father, before I was born, was once in the police force (his departure made the Sunday Papers hilariously - well to me not him but that's another story) and he told me it was a fascinating job as he worked in CID and yet down the Police canteen, despite absorbing cases, all they gossiped about was who was shagging who.

Tbh, that's how I feel about the endless obsession many have with the likes of Bloom and McManus - there's a fascinating racing game with loads of betting opportunities (as I've been illustrating virtually every week for months lately frankly) yet all some seem want to talk about are these herberts.

I

don't

CARE.

Game of opinions and each to their own, though.

 

[pawras]

Nah, I've got the underrated Not Remotely Interested In Other People And How They Accumulated (And/Or Lost) Their Wealth As It Makes Me Neither Richer Nor Poorer Syndrome.

My late father, before I was born, was once in the police force (his departure made the Sunday Papers hilariously - well to me not him but that's another story) and he told me it was a fascinating job as he worked in CID and yet down the Police canteen, despite absorbing cases, all they gossiped about was who was shagging who.

Tbh, that's how I feel about the endless obsession many have with the likes of Bloom and McManus - there's a fascinating racing game with loads of betting opportunities (as I've been illustrating virtually every week for months lately frankly) yet all some seem want to talk about are these herberts.

I

don't

CARE.

Game of opinions and each to their own, though.

I actually have the same lack of interest in them , unless I can gain some insight into what they do that's at all useful to me.

 

[Nfehily19]

Nah, I've got the underrated Not Remotely Interested In Other People And How They Accumulated (And/Or Lost) Their Wealth As It Makes Me Neither Richer Nor Poorer Syndrome.

My late father, before I was born, was once in the police force (his departure made the Sunday Papers hilariously - well to me not him but that's another story) and he told me it was a fascinating job as he worked in CID and yet down the Police canteen, despite absorbing cases, all they gossiped about was who was shagging who.

Tbh, that's how I feel about the endless obsession many have with the likes of Bloom and McManus - there's a fascinating racing game with loads of betting opportunities (as I've been illustrating virtually every week for months lately frankly) yet all some seem want to talk about are these herberts.

I

don't

CARE.

Game of opinions and each to their own, though.

I was referring to this,
"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)".

 

[Ian_Davies]

I actually have the same lack of interest in them , unless I can gain some insight into what they do that's at all useful to me.

That is the one and only logical reason to take an interest - if there's an edge they're using to identify and nick for yourself.

 

[Ian_Davies]

I was referring to this,
"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)".

Ah, ok, fair enough - at least you got me googling "Stockholm Syndrome" (the gaps in my general knowledge are legion!)