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Live_in_Hope
13 Nov 13 22:35
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Date Joined: 02 Jan 09
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Replies: 107
By:
Back High Lay Low
When: 13 Nov 13 23:57
horses and coconut are a bad mix
By:
spyvspy27
When: 14 Nov 13 00:11
Will be a miracle if they let him live, er I mean if he lives
By:
earlycrow
When: 14 Nov 13 02:00
The word filtering back to Crow is even if it pulls threw which appears highly unlikely will not race , the young lad from bc3 was on the wireless this morning saying it was a spider bite, is this an attempt to cover up a genetic defect like STS or part of the cause
By:
uncleee
When: 14 Nov 13 02:43
he reacted to whatever they were treating the spider bite with
By:
earlycrow
When: 14 Nov 13 04:04
STS blamed a tractor accident
By:
spyvspy27
When: 14 Nov 13 04:38
earlycrow • November 14, 2013 4:04 AM GMT
STS blamed a tractor accident

What, for him being gelded? Laugh
By:
juzzybee.
When: 14 Nov 13 12:09
the mail is it's completely devoid of ability. not surprised it had an accident.
By:
spyvspy27
When: 14 Nov 13 12:25
Thats just coincidental juzzybee Laugh
By:
J.R.Hartley
When: 14 Nov 13 12:27
One to many cortisone injection.......very sad.....Sad

The spider excuse is very good though.....Laugh
By:
wombleoz
When: 14 Nov 13 21:10
very sad imo Sad
By:
logroller
When: 15 Nov 13 06:36
insured for plenty and very slow????????????????????????. snake bite
By:
uncleee
When: 16 Nov 13 00:57
who cares if hes slow, worth a stack as a colt, first 3 years as stallion 100 serves @ 15k, next 3 years 100 serves at 10k (assuming he throws nothing of note but isnt a total dud)- with 15% discount rate hes worth just under 5 Mill

   
15%     $1,500,000      $1,500,000      $1,500,000      $1,000,000.00      $1,000,000.00      $1,000,000.00
    NV= $4,926,095.25
By:
uncleee
When: 16 Nov 13 01:00
how i'd value all too hard (very simplistically)
120x     $66000                                      120 x    $30000   
15%     $7,920,000      $7,920,000      $7,920,000      $3,600,000.00      $3,600,000.00      $3,600,000.00
    NPV=$23,487,670.20
By:
spyvspy27
When: 16 Nov 13 01:05
Good luck getting 100 mares at 15k uncleee, maybe 30 mares at 5k
By:
uncleee
When: 16 Nov 13 01:31
the brother to all too hard and black caviar - yeahhhhh good luck with that spy
By:
spyvspy27
When: 16 Nov 13 01:35
Bullet Train is Frankels older brother, and G1 winner, or at least G1 placed, I think he is around the 15k, and you want an unraced one to go for that, gl with it
By:
spyvspy27
When: 16 Nov 13 01:39
G3 winner, 2 4ths at G1, 3/4 brother to Frankel and his fee is 10k
By:
uncleee
When: 16 Nov 13 02:23
you mean the pace maker? ran 4th of 4 distanced, ran 4th of 6 distanced...

bowness put their fees low to get their volume up - he'll get 130+ mares + some juicy agistment fees
By:
spyvspy27
When: 16 Nov 13 02:41
Yes thats him, at least he was a G3 winner and 3/4 to 1 of the best horses of all time, the 2yo is 1/2 to best sprinter of all time, but if lives won't race and you think he will get 100 mares at 15k
By:
spyvspy27
When: 16 Nov 13 03:08
Either way, lets hope the little fella gets a chance
By:
Back High Lay Low
When: 03 Dec 13 01:00
http://www.heraldsun.com.au/news/victoria/racing-identity-bill-vlahos-denies-punting-club-losses/story-fni0fit3-1226773715746

Racing identity Bill Vlahos denies punting club losses

EXCLUSIVE: A PROMINENT racing identity who bought Black Caviar's half-brother and a stake in a horse linked to the Mokbels has denied that members of his multi-million dollar punting club have lost their money.

Bill Vlahos, 44, said the communal pool in his punting club amounted to tens of millions of dollars with fortunes gambled every Saturday on horse races in Melbourne and Sydney.

The members of the betting syndicate are understood to include high profile Victorians in the fields of AFL, farming, the building industry and the media.

The Herald Sun has obtained an email Mr Vlahos sent to his punting club last month, responding to members' concerns about delays in payouts after he revealed he was closing the club.

"I understand this is not the news that everyone wanted to hear including myself," he wrote in the email.

"This has been a harrowing experience for all involved and nearly been the death of me."

Mr Vlahos told the Herald Sun the members will be paid within two weeks.

"I'm very confident in two weeks' time that everyone will have their money," he said.

Mr Vlahos said that the maths-based system he used for the punting club brought constant quarterly profits back into the common pool.

He said returns of more than 6 per cent were made each quarter with only one losing quarter in eight years' of gambling with the syndicate's money.

Mr Vlahos said he was closing the club because he wanted to spend more time with his family.

Punters clubs, which are not illegal, come under the umbrella of Consumer Affairs and the Victorian Commission for Gambling and Liquor Regulation.

The Australian Securities and Investments Commission warns to be careful of investments that offer exceptionally high returns.

Mr Vlahos' club has 20 main members who sometimes encouraged others to invest.

There was no minimum stake or unit to join, but some punters had more than $1 million invested, he said.

Members were sent a weekly spreadsheet of bets that would be placed according to Mr Vlahos' system.

The bets were sent to an broker, who placed them on international gambling markets.

Mr Vlahos developed his system during a two-year stint living near Randwick racecourse when he was not working full-time.

He said he used his mathematical training gained during his La Trobe University psychology degree to come up with a way to beat the odds.

Mr Vlahos said that members of his club trusted him despite the lack of written contracts, and accepted that he collected five per cent of the winnings.

"There's nothing in writing because it's a punting club and it's a trust punting club, the people that are in it have made the decision that they understand how the punting club works between me and them," he said.

Mr Vlahos previously came to prominence when he bought a stake in racehorse Pillars of Hercules in 2007, which was sold because of concerns of ownership links to Horty Mokbel, the brother of convicted drug dealer Tony Mokbel.

Mr Vlahos said yesterday that he had only owned the horse for two days and that he had no links with the underworld family.
By:
spyvspy27
When: 03 Dec 13 04:23
You can guarantee that the insurance company who the colt is insured with are keeping a very close eye on the colt now, if they weren't from the word go
By:
Back High Lay Low
When: 03 Dec 13 08:07
hish hash hinting that fonzie's cousin might be involved.
By:
VeryLTU
When: 03 Dec 13 23:43
i think there is a message in this for all those who want to know why a successful systems seller would not just use it for himself ..... don't you ??
ps: how much did you charge him for your A list judge Laugh
By:
spyvspy27
When: 04 Dec 13 04:17
Mr LTU, if he got my A list, he wouldn't be going bad now..................... he would've went broke ages ago
By:
VeryLTU
When: 04 Dec 13 22:49
should have sent the B list Laugh.... or maybe we should just alert him to our very own fitness professor and he could just do the right thing and send his subscription list to jimmy. problem solved.
By:
spyvspy27
When: 05 Dec 13 06:20
The problem with that is, they rate my A list a B ffs
By:
gardenstar
When: 06 Dec 13 11:58
A well-known Victorian racing identity accused of mishandling more than $190 million from an exclusive punters' club has not paid a $5 million bill for the half-brother of champion mare Black Caviar.

Bill Vlahos, representing the BC3 Thoroughbreds syndicate, bought the yearling - the most expensive sale of its kind in Australian history - six months ago from leading bloodstock company, Inglis.

At a court hearing on Friday, Mr Vlahos was questioned over the whereabouts of a $194 million Westpac account containing the punters' club funds, but which the bank says does not exist. Mr Vlahos said he realised the money was missing only this week, as his Dubai-based business partner had been dealing with Westpac.

Mr Vlahos has had more than $26 million of his fortune frozen and is prohibited from leaving the country after at least one disgruntled member of his exclusive punters' club launched legal action over the missing funds.

Advertisement He is now potentially facing another legal action over his purchase of Black Caviar's brother. Inglis is considering suing to recover payment for the colt, known as Jimmy, which until two weeks ago was gravely ill with the hoof disease laminitis.

Mr Vlahos and BC3 Thoroughbreds, of which he is chairman, made headlines in 2012 when it purchased Belle Couture, the half-sister of Black Caviar, for $2.6 million.

BC3 Thoroughbreds has reportedly told Inglis it was awaiting funds from the US to settle its debt for the injured colt.

Black Caviar's lineage is now the most valuable in the southern hemisphere, but the illness means the record-breaking colt

is unfit for racing and could have only a stud career ahead. The insurance policy on the colt can be paid out only on death.

The gambling syndicate led by Mr Vlahos is understood to be made up of high-profile sporting and media identities who gave millions of dollars to Mr Vlahos to bet on horse races on the promise of high returns.

The court action over the syndicate was launched after Mr Vlahos repeatedly failed to hand over money allegedly owed to a company called Aloga, which is based in the tax haven of Bermuda.

On Friday, the NSW Supreme Court heard Mr Vlahos told the company its $26.169 million was held in a trust account with Westpac and he was arranging to have the funds transferred. But Mr Vlahos, who was ordered to fly up from his home in Torquay to take the stand, said that on Thursday he discovered the account ''did not exist''.

''I'm shocked. I'm worried about everyone's funds, including my own, which are substantial,'' he told the court.

Mr Vlahos said he opened the account six years ago with a business partner Daniel Maxwell, who now lives in Dubai.

Mr Vlahos told the court that several years ago, while working as a psychologist, he treated Mr Maxwell for marital problems. Later, Mr Maxwell became involved in Mr Vlahos' punters' club. Mr Maxwell promised large trading volumes would be available for the gambling through his contacts, Mr Vlahos said. ''I never had reason to doubt the existence of the account,'' he said. ''Mr Maxwell dealt with the account primarily. I never had reason to speak to anyone at Westpac about the account.''

On Tuesday it was reported that Mr Vlahos had emailed members of the punters' club, responding to concerns about delays in payouts after he revealed he was closing the club
By:
Thebas
When: 06 Dec 13 12:07
On Friday, the NSW Supreme Court heard Mr Vlahos told the company its $26.169 million was held in a trust account with Westpac


i guess you just can't trust a trust account  Wink
By:
brain dead jockeys
When: 07 Dec 13 00:13
190 million in a punters club............is this april fools day? this must be the biggest joke i have ever heard in my life.
o yeah i have a bank account with 190 million in it.........see that famous guy on the TV............5 million of it is his money, im a genius horse player and after talking my commission for this ingenius formula, they still make a tidy return.........let me get the bank statement with the 190 million............its in my filing cabinet??????????????????????
By:
Back High Lay Low
When: 07 Dec 13 22:33
http://www.sportismadeforbetting.com/2013/12/racing-has-ponzi-scheme-and-fallout.html

According to Scott Ferguson above "My sources tell me that BC3 staff were told this morning Australian time that the company is no longer."
By:
Back High Lay Low
When: 07 Dec 13 23:10
By:
brain dead jockeys
When: 07 Dec 13 23:35
how teh heck did persons in australia fall for a horse gambling ponzi scheme run by a guy with dodgy connections..........and how teh heck did this guy become teh face for big time million dollar bloodstock purchases............this is 2013. this story is incredible.
By:
VeryLTU
When: 08 Dec 13 00:36
make a claim like 50% return or higher to a stupid person, and even if its' an honest claim, NOT ONE "stupid" person will believe you and want to join the party. make just a "one tenth believable" claim like 5% return to "stupid" people and your phone wont stop ringing. Ask Jimmy if i'm right Grin
By:
THERE....IS....NO....SPOOOOON
When: 08 Dec 13 01:00
oh dear Mischief

head in hands man......a BIG one!
By:
Thebas
When: 08 Dec 13 01:22
The Australian Securities and Investments Commission warns to be careful of investments that offer exceptionally high returns.

Mr Vlahos' club has 20 main members who sometimes encouraged others to invest.

There was no minimum stake or unit to join, but some punters had more than $1 million invested, he said.



.... the only way for any ponzi play to work Cry
By:
wombleoz
When: 08 Dec 13 01:41
sign up a few new investors - use their money to pay the 25% return to the existing ones, all is well and good until you run out of new investors or get too big

the old saying proves correct again - if it sounds too good to be true, it probably is
By:
wombleoz
When: 08 Dec 13 07:40
interesting read - some people picked it as a ponzi a while back

http://forum.thoroughbredvillage.com.au/the-edge_topic40108_page1.html

if nothing else someone should go for what's happened to the colt, obviously looking like an insurance job
By:
logroller
When: 08 Dec 13 11:04
no insurance unless dead. Me thinks,  Billy boy will be taking a high dive like many before
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