From what I understand, it's completely different to how bookmakers operate over here. Apparently there are huge conglomerates which can take on massive exposure, but are accessed through 'agents' who act as a middleman. They actually LIKE smart money, because it lets them set their lines which are then advertised to the 'retail' customer. In order to get to these agents who have access to this massive pool of liquidity you have to go through a broker. The best article I've found about this complex system is here:
http://www.sportstradingnetwork.com/spo ... g-brokers/
The article refers to a brokerage called Eastbridge which is apparently the brokerage which has been set up to cater for the European market of 'smart' money.
http://eastbridge-sb.com/about-us/
On the one hand it actually sounds really interesting. The system actually sounds plausible for a region like Asia, but at the same time I'd be a bit concerned about getting involved with offshore betting companies. There doesn't appear to be a lot of transparency and it all seems very dark alleyway to me! If your money disappears then there's no chance in hell you're getting anything back!
Does anyone here know anything more about these companies? Had experience dealing with Eastbridge or other Asian brokerage?
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