Star Lizard
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Owned by Brighton FC owner Tony Bloom: Anyone know how they make their profits, get their money on and pay all their staff?
+22March 31, 2018 at 2:35 am
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Learning the fundamentals takes 10-15 minutes and you’ll make £15 in the process.
Well they don’t do what we do. I have the impression that they place their bets on the exchanges. It’s a data analytics game for them. They can collect reams of match data and convert into probabilies more accurately than anyone else. I used to try a very simple model for football games, what I found I could do was predict very well the bookies odds, but not beat them – just based on average goals per game. But now there are tons of stats collected on football matches. There are theories developing about xG etc. I would love to work at a place like Star Lizard.
“It is one thing picking the right selection but it is another skill entirely to get this opinion into the market, filling your desired stake at the optimal price.
It is far from easy, but we use our understanding of the game and market know-how to provide our clients with a small edge over the market to generate long term winning returns.”
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Also, about getting bets on. I think a lot of their money comes from fees from clients, so presumably Star Lizard are not necessarily trying to get bets on themselves.
+0Wrong on so many things FB.
+1From what I’ve read, they have large premises in London, staff have a gym, get taken on cruises etc.
Their clients need min £100k to invest and the staff who collect and process the data are different to the teams that place the bets, so the bets are relatively secret except to a small number of people.
I just can’t figure where the bets go: there is hardly any liquidity on Betfair and they would be on Premium charges within one day.
Would they be using Asian books?+0
I’m not sure on it west match. Their website keeps mentioning “the markets” so I assume by that it’s the exchange.
+0Maybe Nick can elaborate with his first constructive post
I think use of the term markets like that could cover the Asian bookies. That’s something i’m opening up some accounts in now…. tiny replication of the above problem- getting money on when liquidity and commission cause issues
+0They bet on the Asian sharp books such as SBO + Pinny where limits are huge
+2I had a phone interview with them last year and didn’t get through. I got a fair few questions on Asian Handicaps. Offices in Camden and they look normal on the outside and very cushy on the inside. Didn’t get through because I lacked the football knowledge
+1I have a phone interview with StarLizard next week. I was just wondering if you could give me a heads up on what kind of questions to expect ? Especially the maths based ones.
Cheers+0Does anyone use any Asian bookies from the UK? I thought that SBO and Pinnacle stopped taking stakes from UK customers a few years ago
+0Apologies PJ I rarely check these forums. Hope it went well, what did you get questions on?
For future reference for anyone, I had probability questions involving dice (eg probability on rolling two die and their sum being prime), asian handicap odds, converting from fractional odds to decimal, naming as many of the first 11 team for some Premiership team
+0Any information about StarLizard
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