Fat & Blokes Pubbington Capital LLP aka SPECIAL SE SYNDICATE
A syndicate is a self-organizing group of individuals, companies, corporations or entities formed to transact some specific business, to pursue or promote a shared interest.
What?
We are a self-organised group of individuals formed to transact some specific business, that piece of specific business being the full and total devastation of the bookmaking industry.
Each member (hereafter referred to as "Partner") of Fat & Blokes Pubbington Capital LLP ("FBPC LLP") aka Special SE Syndicate ("SSES") will contribute ten of the Queen's finest Pound Sterling into a common pot ("The Fund"). The Fund will be used to prosecute Investment Opportunities.
But how are wagers selected?
They are not wagers, they are Investments.
How are Investments selected?
There will be four groups of Partners: A, B, C and D. Partners will be allocated to groups in random fashion.
In week 1, each group A Partner will have the right (but not the obligation) to Lodge an Investment Proposal. Each Proposer will have the right (but not the obligation) to publish an Investment Prospectus in support of their Investment Proposal.
All Partners of FBPC LLP aka SSES will then have the right (but not the obligation) to vote on which of the Investment Proposals they most favour. The top three Proposals by votes attained will be Actioned. In the event of a drawn vote, Investments will be ranked according to timing of Lodgement (the earlier the Investment was Proposed, the higher the ranking).
In week 2 it is group B's turn to Lodge Investment Proposals, and so on.
What type of Investment Proposal may be Lodged?
Anything which can be Actioned on betfair may be Proposed. We have a wide range of specialist knowledge at our disposal and intend to exploit it fully.
The Proposal and voting process will last from Monday to Thursday. Investments will be Actioned on Friday.
Kindly note that Investments must be due to settle on or before June 1 2020 in order to be valid. Medium-term Investments are therefore eligible for Proposal.
How much Capital will be allocated to each Investment each week?
5% of The Fund's Capital will be placed on the #1 Investment Proposal by vote share, 4% on #2 and 3% on #3.
Who will escrow, and who will Action the Investments?
I will escrow for the British contingent. CPHoya has been nominated to hold Capital for the Americans. A mainland euro has not yet been found to hold mainland eurotard/rest of worldtard Capital, but will be. It is expected that Yank and Euro Capital will remain untouched for the duration. Please note that I am not responsible if CPHoya or the euro fanny off with their Capital.
This Fund structure ensures maximum security at minimum cost.
I will Action the Investments using betfair.
I'm not convinced. What's the point?
The point is that we are going to take advantage of two powerful factors in the pursuit of Profit. First, the unparalleled sports-based knowledge of this forum. Second, the well known phenomenon known as 'wisdom of crowds'.
In the year 1552 a crowd of English people were asked to estimate the weight of an Ox that had been brought to market. Lots of guesses were submitted, many wildly inaccurate. But when totalled up and averaged, the combined guess was merely two pounds from the true answer. The wisdom of crowds.
What else?
I will be providing regular updates on the Fund's performance vs a basket of Alternative Investment Vehicles. I will also be keeping an eye on the performance of each group of Partners.
The Fund aims to be up and running by 1 July 2019.
The Fund will be liquidated and Capital returned to the Partners on 1 June 2020 or when the bookies have all gone out of business whichever comes first.
List of Partners
kingofcool
DuckSauce
kingweed
Cinarocket
DonkeyRock
LFC_USA
joejoe1337
abysmal01
NicReynolds
Tall Paul
BOIDS
8bus
royalblue
vruuuuk
Fatal Checkraise
Ra_Z_Boy
Jake7777
tchaz
mic_check12
thedinergetsby
Eric Clipperton
TheGramuel
PeteBlow
xXDeuce7Xx
mw828
DonkDonkDonkDonk
Jabonator
ashley12
MindFckr
CPHoya
lukethefluke
TehVader
teejayC
$Betpot$
Hoopie1
Ledders
arcdog
We invite further Partners.
My proposal for this week:
NFL: Ravens/Eagles over 50.5.
2 high scoring offenses, Baltimore is averaging 30 ppg, Philly is averaging 27 ppg.
Ding is the biggest chess hustler of all time if he plays solid and focused chess the entire match.
Ding Liren is an absolute Wizard....they call him a young David Sklansky of the East.
He's the only player in the world whose peak is as good or better than Carlsen. It's great to see him happy.
My Proposal: IU -29.5 vs. Purdue
Bit of a homer bet, sure, but this is the best IU team in 50 years going against possible the worst Purdue team in that same time. IU got humbled on the road against tOSU last week, but has been beating the ever loving **** out of lesser teams this year, and there aren't many lesser teams that Purdue.
Anything is possible, but IU's margin of victory against non OSU/Mich teams has been 30 this year, and in a rivalry game, I expect them to punch the throttle.
Sorry i've been slightly off the map, which one of these chess bros are we rooting for?
Gukesh. at -400 odds.
Ding needs to play Ne4 or Nbd7.. otherwise White (Gukesh) will have very good winning chances I'd say.
Ding remembered theory (after a Very long think, iirc 30~ mins), played Nbd7 and Rg8!, he may (very well) win this game now and the match could be effectively over.
Ding has blundered with 18. Rh5, going from slightly better to definitely slightly worse.
That's right I'm live blogging the **** out of this game. What's a matter? Wanna fight about it?
Ding is in time pressure and Hikaru Nakamura just said he doesn't see Ding surviving this game because of that.
Gukesh has very tangible winning chances now.
Hikaru Nakamura declared that Ding is going to lose this game -- very likely to be a decisive game.
I'm watching him here now: https://kick.com/gmhikaru
McMuffin would not lead you guys wrong.
McMuffin is all bout his Syndicate team, young money Golden Knight.
Hikaru: Ding will NOT win this game.
Gukesh is in what is called += mode (plus equals). That means you have a draw "in hand" and get to play for a win without (basically any real) risk.
Appreciate the updates. I'm a very casual chess player who knows how each piece moves but no real strategy, so I like hearing an expert analysis which gives our likelihood of winning the wager.
Ding needs to play 31.. Ke8 or he just loses basically automatically and he's not going to play it. - Hikaru.
Appreciate the updates. I'm a very casual chess player who knows how each piece moves but no real strategy, so I like hearing an expert analysis which gives our likelihood of winning the wager.
you're welcome pal, consider me your chess sherpa guiding you up the mountain of our chess wager.
Ding has 1min50sec with NO INCREMENT until move 40, to make moves 32-40.
If his time runs out he loses.
For comparison they get 2 hours for the first 40 moves. Which is 3 mins per move, and they generally know the first 7-8 moves of the opening and play that quickly. So there's even more time per move.
After reaching move 40, 30 mins gets added and then 30 second increment is introduced with each move.
Ding has to make 8 !!! moves to reach 2nd time control.
glad i sat through 3 hours of that for the anticlimactic timeout :p
did good things happen? I have no idea what I'm reading.
We need proposals from Tall Paul, C Bids and thebigeasy59 by tomorrow evening
Oh sorry I got sidetracked and forgot to post..
Gukesh WON!
The match is tied 1.5 to 1.5 after 3 rounds. First to 7.5 pts wins the match. 1 point for win and 0.5 pts for draw.
what a slowroll, definitely made it sound like he had it in the bag but then blew it
i was going to propose cam smith to win the Australian open but that starts whenever its morning again in straya so that doesn't really work
