[Albion] Star lizard v Hollywood bets

[South west gull]

You will come out on top ?

Sent from my Pixel 4a using Tapatalk

 

[pocketseagull]

Do you work for Hollywood bets?

 

[Couldn't Be Hyypia]

You will come out on top ?

Sent from my Pixel 4a using Tapatalk

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]

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?

Life long fan Goldstone ground Gillingham withdean amex don't be fooled by my handle name

Sent from my Pixel 4a using Tapatalk

 

[BNthree]

2 very different companies: StarLizard places bets and Hollywood Bets takes others bets.

 

[andy1980]

Shouldn't it be Starlizard vs Smart Odds, or American Express vs Hollywood bets.

 

[amexer]

2 very different companies: StarLizard places bets and Hollywood Bets takes others bets.

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]

Not much of a gambler and Don't really understand it. You say Star Lizard places bets. Whose money are they placing bets with ?

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

 

[BNthree]

Not much of a gambler and Don't really understand it. You say Star Lizard places bets. Whose money are they placing bets with ?

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.

 

[andy1980]

Not much of a gambler and Don't really understand it. You say Star Lizard places bets. Whose money are they placing bets with ?

Mainly Tonys but as you need a minimum of £2m to use them then multi millionaires

 

[Paulie Gualtieri]

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.

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

 

[amexer]

Maybe silly question but if Star Lizard are so successful why do companies accept there bets

 

[andy1980]

Maybe silly question but if Star Lizard are so successful why do companies accept there bets

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]

Maybe silly question but if Star Lizard are so successful why do companies accept there bets

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.

 

[amexer]

Assume they are not interested in my £5 Lampty first goal scorer bet

 

[Swansman]

Assume they are not interested in my £5 Lampty first goal scorer bet

Probably not. They are also not allowed to bet on Brighton games.