Horse Racing

betting syndicate makes $400k in five days, more profits to come from Cup Week

Summarized by: Live Sports Direct
 
betting syndicate makes $400k in five days, more profits to come from Cup Week

The Boys Get Paid syndicate made a $400,000 profit over New Zealand Cup and Show Week. The syndicates 25,00 members have a Facebook page and mobile app. They started with a pool of $230, 000. The decision-making behind the syndicated's bets is led by a panel of members. Luke Kemeys wouldn't be drawn on when the $100,0000 bet will be placed. He said the money is a by-product of the camaraderie of mates enjoying their sport.

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Cup and Show Week Boys Get Paid
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