Syndicate Leader

[Sapio]

If you had the capital and wanted to start a horse racing betting syndicate, who on this forum would you choose to head it. Name and possibly a short reason why.

Not syndicate members (with specialized talents), an individual to head the syndicate.

Let's have some fun.

Thomas Sapio

[jk3521]

TLG ...of course !


He knows people along the backstretch,you need someone like that.

[Cratos]

If you had the capital and wanted to start a horse racing betting syndicate, who on this forum would you choose to head it. Name and possibly a short reason why.

Not syndicate members (with specialized talents), an individual to head the syndicate.

Let's have some fun.

Thomas Sapio

If I had the capital the person I would choose would be myself and this is not ego talking; it is my belief that I can run my own business better which I did for the most of my professional career.

In my mind I would look for people who know how to build and manage a for profit business enity and within that busines structure the experts (handicappers and gamblers) would be added to a cadre of good quantitative analysts.

If there was another person besides myself and this is not to disparage or insult any poster, but it would be either "PaceAdvantage" or "Mountain Man" and I would choose either of those two based on my readings of their posts on this Forum.

[thaskalos]

I would have DeltaLover in charge of the handicapping...and EMD4ME in charge of the betting. And I would sit back and count our profits...a task which I'm sure would be a full-time job. :cool:

[Robert Goren]

Magister Ludi I think he is already in one.

[Exotic1]

I would have DeltaLover in charge of the handicapping...and EMD4ME in charge of the betting. And I would sit back and count our profits...a task which I'm sure would be a full-time job. :cool:

I'd choose Thaskalos as the managing partner with the understanding that he can choose anyone he wishes to do the handicapping or betting if he wanted to lay off some of that work.

This was way too easy.

[thespaah]

I would call a meeting of all the heads of the five families.....oh wait. Wrong scene...Sorry. :lol:

[raybo]

CJ, with a close second being Game Theory.


CJ for his racing knowledge and data expertise, and his many contacts, industry wide. He would be the one to gather the employees and oversee production.

GT because of his overall intelligence and technical skills. He would ramrod the data storage and handling, and hardware/software development. There are several others who could help with those tasks also, DeltaLover, Magister Ludi, etc..

There is also a plethora of skilled racing analysts here, that could be used in support of data usage.

The on track specialists, and their subjective analysis, would be the tough part, IMO.

[olddaddy]

Vic Stauffer and Peter Berry if they would use all their connections along with their knowledge.

[TheEdge07]

Vic Stauffer and Peter Berry if they would use all their connections along with their knowledge.

CJ
BigSal
Thas

HM-Stillrilledup.. :)

[Cratos]

CJ, with a close second being Game Theory.


CJ for his racing knowledge and data expertise, and his many contacts, industry wide. He would be the one to gather the employees and oversee production.

GT because of his overall intelligence and technical skills. He would ramrod the data storage and handling, and hardware/software development. There are several others who could help with those tasks also, DeltaLover, Magister Ludi, etc..

There is also a plethora of skilled racing analysts here, that could be used in support of data usage.

The on track specialists, and their subjective analysis, would be the tough part, IMO.

In the end this is about putting a business together for syndicated betting.

Bill Gates was the genius behind Microsoft software development, but Steve Ballmer leadership achieved greater profits.

Yes, there are some posters on this forum with a very high handicapping IQ, but that will not put the syndicate business plan in the right direction.

A major problem with this industry today, is there is not enough intelligence about the customer in today's high tech betting and handicapping.

Like it or not; that is what the Ivy Leaguers and similar types do very well.

[raybo]

In the end this is about putting a business together for syndicated betting.

Bill Gates was the genius behind Microsoft software development, but Steve Ballmer leadership achieved greater profits.

Yes, there are some posters on this forum with a very high handicapping IQ, but that will not put the syndicate business plan in the right direction.

A major problem with this industry today, is there is not enough intelligence about the customer in today's high tech betting and handicapping.

Like it or not; that is what the Ivy Leaguers and similar types do very well.

That's why CJ would be at the top of my list (at least from this board), rather than GT, because of the industry contacts that CJ has. CJ would be project manager, and GT would be the tech guy.

Yes, you have to have someone to put the right people and the right tools together, and who sees the "big picture". You also need a 2nd in command, who knows what is needed to produce the product. And under that person you need specialists in all the specific facets of the organization, with some being multi-skilled personnel for overlap in task coverage.

[Inglewood Flamingo]

Curtis Crayon although not sure he is a member of this board. If not, PKTD.

[iceknight]

IF I had the capital, first I would seriously consider putting my money into a high takeout business.

Now, If I am being forced to put it in horseracing, then I would pick
DeltaLover
CJ and
ChrisLongshot (the X factor)

[Mineshaft]

i would name myself to head the syndicate

[LottaKash]

I can't find fault with any of the nominees to head a betting syndicate....

Me personally, I would have a very hard time leaving Dave Schwartz out of the running for top banana, and at a minimum a trusty advisor....He is taxi tested tough in the trenches, and it is my opinion that he is quite astute when it comes to knowing what it would take to run that sort of thing...:ThmbUp:

[Shemp Howard]

i would name myself to head the syndicate

I'm in.

[thaskalos]

You know...this might not be a bad idea.

A paceadvantage betting syndicate...run by an elected group of members.

I'm in. Just tell me where to send the money. :ThmbUp:

[Exotic1]

I'm in.

I mean they couldn't do any worse than I'm doing for myself.

[raybo]

You know...this might not be a bad idea.

A paceadvantage betting syndicate...run by an elected group of members.

I'm in. Just tell me where to send the money. :ThmbUp:

Yeah, this is something that Mike (PA) might want to think about and get involved. I can see the possibilities for something significant coming from this. But then, I saw the possibilities when we were in the initial stages of creating HANA. The difference with this one is that money is going to play a critical role. Some serious thought needs to be put into that.

[teddy]

If you get all these great minds together in anything but horse racing I would invest in that. I. Went from mommys basement to a company worth two million in the last 4 years. Importing crap from china costing a buck and selling for seven times that. These guys are brilliant minds. What could they all do? Not every one but the top 10 are.

[raybo]

I can't find fault with any of the nominees to head a betting syndicate....

Me personally, I would have a very hard time leaving Dave Schwartz out of the running for top banana, and at a minimum a trusty advisor....He is taxi tested tough in the trenches, and it is my opinion that he is quite astute when it comes to knowing what it would take to run that sort of thing...:ThmbUp:

I agree, of course, Dave has insight into this sort of project that few, or none, of us have had. He, I believe, was a member of a black jack team, and was a professional gambler before making the move to racing. That sort of experience is invaluable. I didn't even think about that when I listed my choices, that was an error for sure. :ThmbUp:

[thaskalos]

Yeah, this is something that Mike (PA) might want to think about and get involved. I can see the possibilities for something significant coming from this. But then, I saw the possibilities when we were in the initial stages of creating HANA. The difference with this one is that money is going to play a critical role. Some serious thought needs to be put into that.

After all this time that we've spent discussing strategy at this place...why SHOULD'T we pool our talents -- and our money -- in a joint business venture?

Heck...this could be the start of something BIG. :)

[Inglewood Flamingo]

After all this time that we've spent discussing strategy at this place...why SHOULD'T we pool our talents -- and our money -- in a joint business venture?

Heck...this could be the start of something BIG. :)

All joking aside, I would be very interested in this. I used to run a small to mid-size syndicate and this has got my attention if it ever comes to fruition.

If some of the great minds on this board spent their time on this proposed endeavour rather than posting who knows how successful or large it could become. ;)

[Cratos]

I can't find fault with any of the nominees to head a betting syndicate....

Me personally, I would have a very hard time leaving Dave Schwartz out of the running for top banana, and at a minimum a trusty advisor....He is taxi tested tough in the trenches, and it is my opinion that he is quite astute when it comes to knowing what it would take to run that sort of thing...:ThmbUp:

An overlook by me, but I support your choice.

[Mineshaft]

I'm in.




thats what im talking about.

[PaceAdvantage]

A syndicate formed between people who only know each other via made up names on a message board can never be a good idea.

Plus, the legality of such a thing from state to state is suspect at best.

Is it still illegal in New York to bet another person's money for them? It used to be I believe...not sure if it still is...

In any case, count me and this website out...

[raybo]

I don't remember Twinspires encountering any legal problems with their Players Pool. And they were definitely placing wagers with other people's money.

But, maybe you're right about not getting involved.

[GameTheory]

I don't remember Twinspires encountering any legal problems with their Players Pool. And they were definitely placing wagers with other people's money.

But, maybe you're right about not getting involved.
In its simplest form, it would be one guy gambling with his own money, and everyone else is an employee/consultant who's pay is not directly tied to the winning or losing of bets. Considering the "bettor", whether it be person or company, could be anywhere in the world with the ability to bet on North American racing it can't be that difficult to set-up. (After all, many such syndicates already exist.) That's all I'll say about it since PA obviously doesn't want this to be the public launching pad for such a venture -- go talk amongst yourselves in private...

[Stillriledup]

CJ
BigSal
Thas

HM-Stillrilledup.. :)

Thank you. I'm honored to be mentioned with those guys. :ThmbUp:

[Dahoss2002]

Prolly not a member, but Gasper Moschera, cuz he is the gasman

[AndyC]

I don't remember Twinspires encountering any legal problems with their Players Pool. And they were definitely placing wagers with other people's money.

But, maybe you're right about not getting involved.

That's because any person who bets with Twinspires has an account with Twinspires and can legally bet. All of the tax info is on file. Each player must join the Player's Pool each time it is offered, so in essence they are the one's making the bet.

[Ocala Mike]

I believe PA is correct about the technical proscription regarding "betting for others." Anyway, I don't bet with syndicates because I follow Groucho's advice:


"I DON'T WANT TO BELONG TO ANY CLUB
THAT WILL ACCEPT ME AS A MEMBER."

[raybo]

Just like any other business plan, one must research the legalities and procedures, so one knows how to proceed, before the nuts and bolts go on. Similar opposition happened with the beginnings of HANA. There are always naysayers, before the facts are known, and even after they are known.

[senortout]

We all know how successful the twinspires betting syndicate is, right?:eek:

[davew]

You need more definition of what your syndicate's goals are
- crush the Breeders Cup, Rainbow / Jackpot overlay bets, daily grind,...


Also needed is the function of the syndicate members
- cash only input, area of expertise input, structuring bets, ...


and finally the role of the syndicate leader....

[Tall One]

I would call a meeting of all the heads of the five families.....oh wait. Wrong scene...Sorry. :lol:



Well played.. :D

[Hoofless_Wonder]

A syndicate formed between people who only know each other via made up names on a message board can never be a good idea.

Plus, the legality of such a thing from state to state is suspect at best.

Is it still illegal in New York to bet another person's money for them? It used to be I believe...not sure if it still is...

In any case, count me and this website out...

I'm not up-to-speed on current laws either, but I seem to recall years ago the FBI arrested a gent at O'Hare for flying in from out-of-state to bet a large pick 6 carryover at one of the Chicago racetracks. He had like $100K in a briefcase. I believe it was related to enforcement of the 1961 Wire Act.

My approach on a betting syndicate would be to take some funds and have Mr. Sapio evaluated by a mental health professional for suggesting horse racing as an option. :) Then look at more viable options and market it accordingly.

There will always be mooches with some disposable income looking to pile on "a good thing"....

[teddy]

Can't you work together combining specialties and invest separately? In a flow chart manner. Pace figs from one dude. Bias from one. Race modeling from one specialist and ticket formation from a superfecta specialist.... I guess late odds would be needed so that would be tough to do. Just a thought. I think hk syndicate works similar. Separate duties .....I read that on here seems like.

[TrifectaMike]

It would depend on your definition of a betting syndicate. The syndicates I'm aware of have statistical modelers as their man in charge.

Mike

[Cratos]

It would depend on your definition of a betting syndicate. The syndicates I'm aware of have statistical modelers as their man in charge.

Mike

You got that right; it is all about the MARGINS and that is where applied statistics and statistical modeling rule supreme

[raybo]

It would depend on your definition of a betting syndicate. The syndicates I'm aware of have statistical modelers as their man in charge.

Mike

Does this mean you're putting yourself in the running for syndicate leader?

[Thebigguy]

Me. I'm the best handicapper of my generation.
2nd choice would be Doug Salvatore.

[thaskalos]

Me. I'm the best handicapper of my generation.


Who do you like in tomorrow's 6th race at Indiana Grand?

[Stillriledup]

Who do you like in tomorrow's 6th race at Indiana Grand?

Cacti Joseph.













You're welcome. ;)

[TrifectaMike]

Does this mean you're putting yourself in the running for syndicate leader?

No. Just telling you what I know.

Mike

[TrifectaMike]

Who do you like in tomorrow's 6th race at Indiana Grand?

Not the type of question I would ask nor the answer I would like to know.

Mike

[thaskalos]

Not the type of question I would ask nor the answer I would like to know.

Mike

Sorry...my selfish nature got the best of me. It's not often that I get the chance to solicit the opinion of the best handicapper of our generation.

[TrifectaMike]

Sorry...my selfish nature got the best of me. It's not often that I get the chance to solicit the opinion of the best handicapper of our generation.

Thask, I always enjoy the ironic humor within some of your posts. What hell, I'd also like to know his opinion.

Mike

[thaskalos]

Thask, I always enjoy the ironic humor within some of your posts. What hell, I'd also like to know his opinion.

Mike

Thanks Mike.

The serious gambler has a long, hard road ahead of him...and I find that humor makes the journey a little more pleasant. :)

[DeltaLover]

Thanks Mike.

The serious gambler has a long, hard road ahead of him...and I find that humor makes the journey a little more pleasant. :)

Thask, dont forget that humor is acually a greek word deriving from the word χυμός :):cool:

[Maximillion]

[QUOTE=Stillriledup]Cacti Joseph.


Nice call SRU.

[Stillriledup]

[QUOTE=Stillriledup]Cacti Joseph.


Nice call SRU.

Thanks Max.

Was starting to wonder if a 10 dollar winner that won by the length of the stretch was just going to draw THIS>>>>>> https://www.youtube.com/watch?v=K8E_zMLCRNg


Luckily someone had it!
:D

[thaskalos]

[QUOTE=Maximillion]

Thanks Max.

Was starting to wonder if a 10 dollar winner that won by the length of the stretch was just going to draw THIS>>>>>> https://www.youtube.com/watch?v=K8E_zMLCRNg


Luckily someone had it!
:D

Congrats, SRU.

I didn't bet on the horse, however...because you neglected to advertise yourself as the best handicapper of our generation.

[whodoyoulike]

[QUOTE=Maximillion]

Thanks Max.

Was starting to wonder if a 10 dollar winner that won by the length of the stretch was just going to draw THIS>>>>>> https://www.youtube.com/watch?v=K8E_zMLCRNg


Luckily someone had it!
:D

Unbelievable coincidence! Last week I had a cricket outside my bedroom window where I had to resort to using cotton in my ears to sleep.

[Stillriledup]

[QUOTE=Stillriledup]

Unbelievable coincidence! Last week I had a cricket outside my bedroom window where I had to resort to using cotton in my ears to sleep.

You never know what you'll find or learn at PA forums! :D