South west gull
New member
- Nov 3, 2021
- 1,008
You will come out on top ?
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[Albion] Star lizard v Hollywood bets
- Thread starter South west gull
- Start date
pocketseagull
Well-known member
- Dec 29, 2014
- 1,061
Do you work for Hollywood bets?
Interesting that as a newbie you start so many threads (some of them pretty random). Not normal behavior for someone starting out on their NSC journey.
What's your story SW gull? Are you a new account from a previous flouncer?
South west gull
New member
- Nov 3, 2021
- 1,008
- Thread starter
- #4
Life long fan Goldstone ground Gillingham withdean amex don't be fooled by my handle name
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Not much of a gambler and Don't really understand it. You say Star Lizard places bets. Whose money are they placing bets with ?
Joey Jo Jo Jr. Shabadoo
Waxing chumps like candles since ‘75
- Oct 4, 2003
- 11,063
It's places bets for it's clients, one of whom is Tony Bloom, it works like a syndicate and to buy in takes a hell of a lot of money. The article below, from a few years ago, explains it way better than I can. Also mentions the rivalry/falling out with Matthew Benham.
https://www.businessinsider.com.au/inside-story-star-lizard-tony-bloom-2016-2
Their own. It’s like a syndicate that pools their money to place bets. The company works out odds and probability etc and find markets that might have got the odds wrong and place bets accordingly.
*Edit*
Just to add there are a lot of sports and markets worldwide and they don’t just send someone down to Ladbrokes to place £100k on Man City.
Also remember winnings on gambling aren’t subject to usual taxation so can be much more lucrative than money made on the financial markets.
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Mainly Tonys but as you need a minimum of £2m to use them then multi millionaires
- May 8, 2018
- 9,211
I reckon the old boy behind the counter would have to call HQ if that happened
By the way, I typed “bookies” into the Tapatalk GIF tool and these came up, it’s Xmas after all
The winnings are 1-3% so its about volume, from what I understand they have people who place bets for them, so the bookies don't always know the bets are from Star Lizard.
jordanseagull
Well-known member
- Feb 11, 2009
- 4,060
They won’t use traditional bookmakers, which offer poor odds anyway and as you say, will close down a winning account quickly.
They use exchange (peer to peer) markets (Betfair being the most obvious example), but particularly Asian ones as I understand it as the liquidity is significantly higher.
Probably not. They are also not allowed to bet on Brighton games.