I am still waiting for an analysis of each country.
Very good thread.
A gambling syndicate
- campeones
- To become a Pro
- Karma: 75
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Re: A gambling syndicate
I am sorry for not posting all these days but we had some really massive news. All the team is on it.
I was telling you about Colombia and the situation with the Venezuelans migrants. Well, Colombian President Iván Duque announced his decision to grant legal status to 1.7 million Venezuelan migrants.
Do you understand what that means for our business?
I will comment and answer to all questions very soon.
I was telling you about Colombia and the situation with the Venezuelans migrants. Well, Colombian President Iván Duque announced his decision to grant legal status to 1.7 million Venezuelan migrants.
Do you understand what that means for our business?
I will comment and answer to all questions very soon.
- balls of steele
- Has experience
- Karma: 10
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Re: A gambling syndicate
Yes, it means that you are a locust. What is the difference between the Bangladeshis selling 20-30.000 accounts on Facebook, and your business? Only stardust created by the fact that you operate under a legal entity.campeones wrote: Do you understand what that means for our business?
- apoel81
- Pro
- Karma: 43
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Also, anyone could have bought 1000's of bangladesh accounts and ruin the business, but very few-if any, can build a scheme like the one described.
Re: A gambling syndicate
The difference is that your are doing nothing illegal, you don't have the risk of having your accounts block, you don't have the risk of having your ewallets blocked, you can declare your profits without issues if you want and much more.balls of steele wrote:Yes, it means that you are a locust. What is the difference between the Bangladeshis selling 20-30.000 accounts on Facebook, and your business? Only stardust created by the fact that you operate under a legal entity.campeones wrote: Do you understand what that means for our business?
Also, anyone could have bought 1000's of bangladesh accounts and ruin the business, but very few-if any, can build a scheme like the one described.
- kapetan1122
- To become a Pro
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I know that so call loctus has killed many cows but i cant be angry on them,they had same oportunities like we all and they take the chance and exploit gold mine in shortest period of time and continue to do so,we need to adopt or we ll go out of work,its same in every industry and i dont think this one will be any different.
Re: A gambling syndicate
Why are you having more than 1 acc in any of the bookies,why is Lidl opening new shops around europe,why is Amazon growing their business and so on....? Look you have some amount of time that you ll spend earning money and if you are good enough/smart in what you do you can earn it sooner than later and enjoy more in your free time.balls of steele wrote:Yes, it means that you are a locust. What is the difference between the Bangladeshis selling 20-30.000 accounts on Facebook, and your business? Only stardust created by the fact that you operate under a legal entity.campeones wrote: Do you understand what that means for our business?
I know that so call loctus has killed many cows but i cant be angry on them,they had same oportunities like we all and they take the chance and exploit gold mine in shortest period of time and continue to do so,we need to adopt or we ll go out of work,its same in every industry and i dont think this one will be any different.
- MrGrimshow
- Newbie
- Karma: 1
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Re: A gambling syndicate
Hello i just joined this platform, I am from Ghana and i have been sharbing and arbing for 3 years now fulltime.I find this thread to be very informative and i would be more than happy to work for any syndicate here in Ghanacampeones wrote:We don't use the words buy accounts, because we dont. We cooperate with people.Goojybooboo wrote: Do you buy accounts from random people for your online activities? If the answer is yes, how do you make sure you act within legal frames?
What is the scheme that you use for the offline action? I tried to think of a possible solution but no luck here.
So, for every country where we work on line, we sign a contract with the account owners. The contract describes the kind of help that we will give to the owner and the way that we share the profits. The account owner registers all the accounts and he deposits the money. We do not take over of any of his accounts. We then offer the software we believe he needs. The software requires minimal human intervention to an extend where we can say the account is on the autopilot.
We have a small playbook describing what the account owner should do, when to withdraw the money etc. When profits accumulate we share them. There are some cases where we believe the account owner will not pay us. In these cases we request to get paid in advance.
Now I will speak about BetBurger. The alert service that we learn to love and hate. We are convinced BetBurger is something much bigger than the alert service. They have the ability to spot new opportunities for profit. So when we see BetBurger adding a new bookmaker from a country that you can't spot on the map, that means there is a good reason they add it. Being Euro-centric or UK-centric will not help in these business. When BetBurger started adding African bookmakers we knew there was something to be explored. This is how we started our business in Nigeria, Kenya and Uganda. Our African business represent a tiny part of our business. But this is a profit we can't ignore. Except these 3 countries, there is a 4th one in Africa that I don't want to mention to avoid competition. It is not only BetBurger that shows the way. When you see reputable bookmakers from the UK starting business in an African country, that means they know something and we must find out what this something is. Ever wonder why all these Russian bookmakers are active in Africa?
So, it is not only the online action, because there are real betting shops on the street in some of these counties. The odds are sleeping and they don't change very fast. So we have people betting in these shops. We send them a text message in their phone and they place the bet in the shops. Most of them are humpin around these shops because they see our business as their business. So within a couple of minutes they place our bets. When profit accumulate we once again share them.
I hope what I say makes sense to you and can explain how to work legally on a bigger scale. I will continue with other countries in my next post. If you have questions let me know.
- Sandica9
- Gaining experience
- Karma: 7
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Re: A gambling syndicate
Hi, I am based in Vatican with deep connections in Tuvalu. I am as well open for any collaboration..
- campeones
- To become a Pro
- Karma: 75
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Re: A gambling syndicate
I am on my way to Colombia with a team of our company as it seems these business will scale up in this blessed country. I will need time until I comment again here.
But I wanted to tell you about the situation in the country that would show the mentality of our company.
Out of the 28 million Venezuelans, some 6 millions are now migrants in other countries. Raised my self in an eastern European country I know exactly the dangers of Communism.
6 millions Venezuelans are struggling in various countries of South America. 3-4 millions of them are in Colombia and some 1.7 millions with their families will continue their lives in the country.
Among these poor people there are some people with a lot of money. People that were clever enough to save their money in BTC, dollars, euros. This is the right thing to do when you have dictators like Maduro, Castro, etc.
These people will now buy homes, send kids at school, search for new jobs, etc. Our bosses will make more money from selling homes than betting.
See you soon. I will post again when I find some minutes.
But I wanted to tell you about the situation in the country that would show the mentality of our company.
Out of the 28 million Venezuelans, some 6 millions are now migrants in other countries. Raised my self in an eastern European country I know exactly the dangers of Communism.
6 millions Venezuelans are struggling in various countries of South America. 3-4 millions of them are in Colombia and some 1.7 millions with their families will continue their lives in the country.
Among these poor people there are some people with a lot of money. People that were clever enough to save their money in BTC, dollars, euros. This is the right thing to do when you have dictators like Maduro, Castro, etc.
These people will now buy homes, send kids at school, search for new jobs, etc. Our bosses will make more money from selling homes than betting.
I am sorry if you see it that way. I m sure people would like me to continue posting.balls of steele wrote: Yes, it means that you are a locust. What is the difference between the Bangladeshis selling 20-30.000 accounts on Facebook, and your business? Only stardust created by the fact that you operate under a legal entity.
See you soon. I will post again when I find some minutes.
- Camma23
- Has experience
- Karma: 15
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Re: A gambling syndicate
I’m happy to read interesting discussions under smart threads but really don’t get why you are moving people attention to migratory issues than answering about proper gambling questions. I think this is not the right place to talk about geopolitic and migratory phenomena
- arbusers
- Administrator
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Re: A gambling syndicate
That is correct, but maybe that was a nice way for him to say ''sorry for the delay''.Camma23 wrote: I’m happy to read interesting discussions under smart threads but really don’t get why you are moving people attention to migratory issues than answering about proper gambling questions. I think this is not the right place to talk about geopolitic and migratory phenomena
- jagas
- To become a Pro
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I think i understand it this way, that he is saying that migration can be to an advantage in this business. If you have 1 million venezulians who are settling in a new country, that means unlimited identities and contacts in that new region because they are just very very willing to work with.
Re: A gambling syndicate
Camma23 wrote: I’m happy to read interesting discussions under smart threads but really don’t get why you are moving people attention to migratory issues than answering about proper gambling questions. I think this is not the right place to talk about geopolitic and migratory phenomena
I think i understand it this way, that he is saying that migration can be to an advantage in this business. If you have 1 million venezulians who are settling in a new country, that means unlimited identities and contacts in that new region because they are just very very willing to work with.
- achillku
- Gaining experience
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- balls of steele
- Has experience
- Karma: 10
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Re: A gambling syndicate
You are absolutely right. That's the way locusts think.jagas wrote: I think i understand it this way, that he is saying that migration can be to an advantage in this business. If you have 1 million venezulians who are settling in a new country, that means unlimited identities and contacts in that new region because they are just very very willing to work with.
Read again.Camma23 wrote: this is not the right place to talk about geopolitic and migratory phenomena
- campeones
- To become a Pro
- Karma: 75
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Re: A gambling syndicate
I am really sorry that some of you guys have so negative attitude for my posts. I am now thinking seriously to stop it as it was meant to be positive and not negative. Anyways.
The size of bets depends on the game. We can easily bet $400 on a Champions League game but we can also bet $5-10 in minor markets like Correct Scores and Over/Unders. These minor markets are producing more profits than the Champions League games.
We also use COPs to bet online, no problem with that as we also have to pay our locals in this currency.
2. No, because it is very expensive and complex.
I will stop speaking about real estate and the other business that we have as this is not of your interest I guess. It is a pity, because in Europe we run other business as well that I am sure dome of the guys would love to hear. Who knows, maybe we already know each other from these business!
Lets not speak about it as it would fall to the geopolitics sphere that people dont like to read about.CharlieSheen99 wrote: Colombia is insecure.
We manage people through smartphones giving them exact and clear orders to follow. We have some runners with cash in hands but we also push our bets directly to the shops sometimes.CharlieSheen99 wrote: How do you manage the runners with the pocket full of money there?
And, how much you can bet on a street bookmaker there?
And, how much you can bet online? You have to bet on "pesos" or "dollars"?
The size of bets depends on the game. We can easily bet $400 on a Champions League game but we can also bet $5-10 in minor markets like Correct Scores and Over/Unders. These minor markets are producing more profits than the Champions League games.
We also use COPs to bet online, no problem with that as we also have to pay our locals in this currency.
I wish I knew but I am sure its 7 figures at least.Trevorr wrote: Can you tell us how much money your syndicate has for this business? Like millions, 10+ millions or more
1. No, but Europe is where most of the cash is generated.Wolfie wrote: 1.Are most of the countries you operate in Europe ?
2.Do you operate in the USA ?
2. No, because it is very expensive and complex.
If you only look at the figures you are perfectly right. But if you look in the reality you are wrong. It is a mistake focusing on the median salary, because indeed it is close to $900. This is not a figure that represents reality. The GDP per capita is $2200 resulting to something lower than $200 per month. But even this figure is not right because people are ready to work for less than this. The $900 might be real for people working in the capital and 2 more cities where multinational companies also work from, but it is a dream salary if you travel 50-100 km in the mainland away from these cities.cem wrote: If a Nigerian associate makes 400 usd/pm, then he makes only half the median salary which is around 900 usd/pm. Now, if he pays your %, what is left for him ?. Perhaps, it makes some sence to them to take the money and go.
I will stop speaking about real estate and the other business that we have as this is not of your interest I guess. It is a pity, because in Europe we run other business as well that I am sure dome of the guys would love to hear. Who knows, maybe we already know each other from these business!
- Wolfie
- Totally Pro
- Karma: 61
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Re: A gambling syndicate
I think negative posts should not discourage you since you are doing nothing wrong. As long as you are winning money from bookies and you use people IDs with their consent than everything is ok. Your posts are very good, honest and helpful. And you people have done a great work that not everyone in this space can achieve.