nickolas rolf wrote: ↑Sat Jan 21, 2023 2:58 pmi am also open for cooporation anyone with strategies and bankroll
Hm, what do you think people think about when they see a first poster asking for... bankroll?
nickolas rolf wrote: ↑Sat Jan 21, 2023 2:58 pmi am also open for cooporation anyone with strategies and bankroll
arbusers wrote: ↑Sat Jan 21, 2023 4:32 pmnickolas rolf wrote: ↑Sat Jan 21, 2023 2:58 pmi am also open for cooporation anyone with strategies and bankroll
Hm, what do you think people think about when they see a first poster asking for... bankroll?
nickolas rolf wrote: ↑Thu Mar 02, 2023 8:51 amunderstood!
one question, how do you as an company handle taxes, do you invoice your runners, or ivoice them on software they use for the betting on the internet with VAT or without etc.
On the accounting side how do you classify the incomming profit splits from the people
Brazil is trying to implement Gambling Legislation, a country with 220M people were Flamengo has more then 30M fans.
A question if you please would like to elaborate a thought, Do you think now that with the opening of China to more "normal" terms with people movements being normalized, the Liquidity on Asian Markets will be somehow recovered?arbusers wrote: ↑Sun Mar 05, 2023 11:47 amThank you all for the contribution to this thread. Let me comment on the bigger picture.
Let's talk about sizes first. Size's vary from a group of 2-3 people, up to the industrial level of exploiting things. We simply can't use a matrix to describe/build a gambling syndicate. There are so many factors that make every case a unique one.
Taxation. In my view, this is the starting point. Due to the fact that many of our members come from the UK where gambling winnings are tax free (for how long really?), we forget this is not the case in the rest of this planet. We have seen dozens of regulations these last years. Some of these regulations (minority) are for the players. For example Brazil is a paradise. Some other regulations (majority) are for the state and taxes, Greece/Germany for example. Others are somewhere in the middle. If you operate in more than average profits, you can't ignore taxes. It is not enough that you know the job and you ''make the money first''. Because some times big money becomes a problem and not a solution.
The liquidity issue is here unfortunately, accelerating after March 2020. These are not the years of plenty and fat cows. The industry is no longer expanding with the exception of the US and LATAM. There is more smart money around than ever. And less dumb money than ever. Let me remind of a prophetic article I wrote some years ago: portal/last-man-standing-pinnacle/
Lastly, some of these syndicates, and I am not referring to Campeones of course, are simply another face of European and Asian Mafia. You don't want to mess with them. Disguised behind companies and titles, these people are indeed Mafia. Also, I am of the opinion that people coming out publicly to brag about their betting record, are actually people with no betting record at all. They simply look for publicity and they get paid from that publicity and not from betting. It is exactly the same with these Crypto guys, BitBoy's Antonie's MoonBoy's MM's and other clowns, not to mention the Veles boys now expanding in the SPX field. People that call them selves ''Robin Hoods'', people that claim starting from syndicates to later buy fancy football clubs, most of them are tax avoidance mechanisms and not real bettors. Of course, exceptions do exist.