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.
Yeah, I'll throw an AYE on Love>1.5
AYE to Love
is it -175 for Love?
Yeah -175 (4/7, 1.57) on the sportsbook
Not available on exchange yet, should be on Sunday
-168 on fanduel. 1.595 25/42
-167 on betrivers 1.598 100/167
God bless American facing sites
Aye
Eta: decimals and fractions for our ROW peeps
I have no access to any US betting sites, so we ought to consider me transferring our monies to whoever ends up placing US bets for us. Or, I guess that person and I can just transfer profits/losses back and forth. Whatever you guys think is best.
i'm down with what's been proposed thus far - this is not a rebuke of that
however, i think the magic ingredient last time was we had people who's turn it was to make proposals and then we voted on which to pursue
i think if we divided the group into 3 or 4 smaller groups - give group A a 2-3 day window for proposals, we vote on them and then bet on the winners and then the next week it's group B which has a 2-3 day window etc then that could work better
Pick one:
A: 3 groups 5/5/4
B: 2 groups 7/7
C: 1 group 14
D: 4 groups 3/3/4/4
I have no access to any US betting sites, so we ought to consider me transferring our monies to whoever ends up placing US bets for us. Or, I guess that person and I can just transfer profits/losses back and forth. Whatever you guys think is best.
Just keep it for now, I should be able to place every investment and if (when) we win loads of money i'll transfer winnings to you at the end
3 groups of 5/5/4 and if the few who said they were in but haven't paid yet join we can just make it 6/6/6 or something
If we do it that way though we'd need a proposal from everyone in the group to make the vote worthwhile, no point doing a vote if we only get 1/2 proposals
AYE to Love o1.5 TD
One more AYE needed for Love
aye - but i think with player props it's best to get it earlier than later since they all steam heavily so if we're right (which we surely must be) the price is only going to get much worse the closer to kickoff
Alright it's on 5%
Lovely jubbly!
never in doubt
Haven't logged in to 2p2 on my current computer and I've had it for nearly a year now. Not sure what prompted me to do so, but it seems rather fateful. I'd love to be back in if I'm not too late, this was the funnest thread in it's day.
Are you USofA?
I'm gonna rand all 14 names into 3 groups of 5/5/4 brb
Current bankroll: £342 (£8 loss)
Group A:
MindFckr
KDawg
rickroll
marknfw
kutuz_off
Group B:
AllinMcLovin
TheGramuel
POGcrazy94
$betpot$
joejoe1337
Group C:
Tall Paul
C Bids
RT
cokeboy99
Alright then Group A you're up, everyone has to propose something so we can have a vote! Since there's only 5/5/4 currently it will just be the top 2 instead of top 3 like last time.
Proposal time will close in 48 hours from this post sharp, and the vote will be open for 24 hours. If anyone in Group A has a proposal that takes place before Thursday night then it will have to be a SPECIAL RESOLUTION with 8 AYEs needed to pass as usual.
Gogogogogo!
rickroll you have no PM space left
