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09-06-2014, 11:22 PM
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#16
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Registered User
Join Date: Apr 2008
Posts: 6,843
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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... 
__________________
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"Cursed be the man who puts his trust in man" - Jer 17:5 (KJV)
Last edited by LottaKash; 09-06-2014 at 11:24 PM.
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09-06-2014, 11:39 PM
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#17
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Refugee from Bowie
Join Date: Nov 2007
Posts: 1,598
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Quote:
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Originally Posted by Mineshaft
i would name myself to head the syndicate
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I'm in.
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09-07-2014, 12:08 AM
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#18
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Registered User
Join Date: Jan 2006
Posts: 28,570
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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.
__________________
"Theory is knowledge that doesn't work. Practice is when everything works and you don't know why."
-- Hermann Hesse
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09-07-2014, 08:48 AM
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#19
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Registered User
Join Date: Nov 2005
Posts: 1,084
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I'm in.
I mean they couldn't do any worse than I'm doing for myself.
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09-07-2014, 10:34 AM
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#20
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EXCEL with SUPERFECTAS
Join Date: Mar 2004
Posts: 10,206
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Quote:
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Originally Posted by 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. |
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.
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09-07-2014, 10:35 AM
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#21
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Registered User
Join Date: Jan 2009
Posts: 1,516
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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.
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09-07-2014, 10:44 AM
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#22
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EXCEL with SUPERFECTAS
Join Date: Mar 2004
Posts: 10,206
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Quote:
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Originally Posted by 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... |
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.
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09-07-2014, 11:03 AM
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#23
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Registered User
Join Date: Jan 2006
Posts: 28,570
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Quote:
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Originally Posted by raybo
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.
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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. 
__________________
"Theory is knowledge that doesn't work. Practice is when everything works and you don't know why."
-- Hermann Hesse
Last edited by thaskalos; 09-07-2014 at 11:07 AM.
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09-07-2014, 02:22 PM
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#24
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Registered User
Join Date: May 2003
Location: SLR Clocker Shack
Posts: 140
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Quote:
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Originally Posted by thaskalos
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. 
__________________
"In spite of the difficult odds of winning at the track, life is fairer here than the outside world, because at the track everyone gets the same set of odds."
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09-07-2014, 05:20 PM
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#25
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Registered User
Join Date: Jan 2004
Location: The Big Apple
Posts: 4,252
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Quote:
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Originally Posted by 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... |
An overlook by me, but I support your choice.
__________________
Independent thinking, emotional stability, and a keen understanding of both human and institutional behavior are vital to long-term investment success – My hero, Warren Edward Buffett
"Science is correct; even if you don't believe it" - Neil deGrasse Tyson
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09-07-2014, 05:49 PM
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#26
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Veteran
Join Date: Jul 2008
Posts: 2,581
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Quote:
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Originally Posted by Shemp Howard
I'm in.
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thats what im talking about.
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09-08-2014, 12:46 AM
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#27
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PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,658
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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...
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09-08-2014, 01:12 AM
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#28
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EXCEL with SUPERFECTAS
Join Date: Mar 2004
Posts: 10,206
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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.
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09-08-2014, 01:20 AM
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#29
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Registered User
Join Date: Dec 2001
Posts: 6,128
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Quote:
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Originally Posted by 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.
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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...
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09-08-2014, 01:48 AM
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#30
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Veteran
Join Date: Oct 2009
Posts: 25,607
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Quote:
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Originally Posted by TheEdge07
CJ
BigSal
Thas
HM-Stillrilledup.. |
Thank you. I'm honored to be mentioned with those guys.
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