Tony Bloom

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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?

I think you might be conflating Billy Walters with Tony Bloom. Walters was on the record saying he spoke to his stats/weather/football/basketball guys, but he never wanted any of them speaking to each other. Starlizard, by contrast, have a strict policy that staff can't bet on football or comment on games in public.

The hiring process doesn’t just require good maths but real critical thinking about how odds should move. One of the entrance questions was:

How many players would need to be removed from a men’s team for the English women’s team to be 2.0 on the Asian handicap, draw no bet?

There was a story years ago about someone there betting the card himself. They obviously found out — through what means I don’t know, but no doubt GDPR was broken. They couldn’t outright sack him because that would prove they had bent the rules, so he was essentially paid off to f%*& off.

Another person offered them a way to get on in Australia and was laughed out the door when he refused to deal in crypto.

The syndicate is ruthless, and commission deals aren’t worth the paper they’re not written on. Syndicates usually involve value asymmetry, where the profits come from one or two people but the whole group benefits. Working with other people opens the door to more volume, but it also creates problems when people feel like there’s freeloading involved.