Have you heard of Tony Bloom, professional gambler?
If you love gambling: horse racing, poker or football then I’d be very surprised if you haven’t heard of this private figure. I’ve written many articles about professional gamblers and few have achieved millionaire status. An even smaller number billionaires.
Bloom was inspired to gamble by his grandfather who enjoyed a bet and owned greyhounds.
However, that initial seed or enthusiasm led to a professional gambler of the likes few have seen before. He may even be the greatest of them all. To many, he is a modern-day hero.
He’s nicknamed The Lizard due to his ice-cold persona at the poker table.
It’s interesting that Bloom enjoys all forms of gambling. A successful poker player winning $3.5 million in live poker tournaments including the Australasian Poker Champion (2004). He’s had his share of winning racehorses including Energumene who has total earnings of £1M winning back-to-back Queen Mother Champion Chase at the Cheltenham Festival. Notwithstanding his love of football, and major shareholder and Chairman at Brighton & Hove Albion Football Club since 2009. They gained promotion to the Premier League in the 2016-17 season. He invested £93 million in the clubs new ground, Amex Stadium, located in Falmer.
Bloom, born and bred in Brighton, a 1970’s child, didn’t start with a silver spoon in his mouth, from a Jewish background.
Let’s take a look at Bloom’s timeline from a 70s child to gambling billionaire.
- 1970 (20th March) born, Brighton.
- 1980s: Influenced by his grandfather who like a bet, owned greyhounds and enjoyed a night at the casino. At 7 or 8 Tony used to go to the local arcades and as a teenager faked an ID to bet at the local bookies, his interests mainly football and horse racing. However, in these early years he admitted he was a ‘hopeless gambler’ and guessing.
- 1988: Mancester University reading Mathematics. Graduated with Degree in 1990. He got involved with sports and spread betting making his hobby pay.
- 1991: Trainee Accountant with Ernst & Young. Lasted two and half years, punting in his spare time, winning £20,000.
- 1993: City trader learning how to trade options on the London International Financial Futures Exchange. The job lasted six months as he was winning much more money betting.
- 1994: Professional gambler spread-betting far more aggressively. He remembers losing £5000 betting the England v West Indies Test match. He said he was ‘ridiculously bullish’ and could have lost his whole bank. The loss felt like a triumph. Insightfully he said: ‘I believe in betting aggressively and, occasionally, to win big, you have to risk losing.’
- 1997: Contacted by Victor Chandler bookmaker to break into Asian football market. First time he learned about Asian handicap betting. Spent six month in Bangkok betting for himself and Chandler.
- 1998: Worked for Chandler in Gibraltar operation.
- 2002: Started bookmaker business Premierbet on eve of World Cup bring Asian handicap betting to an English audience. He sold the company for £1M.
- 2003: Reverted from professional gambling to private betting syndicate using data analytics and algorithms.
- 2006: Founded Starlizard sports betting consultancy, primarily football, providing data-driven insights to high-stakes gamblers (a large team based in north London: analysts, statisticians and researchers). The biggest betting operation in the world. Starlizard doesn’t place bets for itself and acts as an advisory service for private clients. They reputably place bets worth hundreds of millions each year. Later billions per annum.
- 2009: Major shareholder and Chairman of Brighton & Hove Albion Football Club.
- 2011: Blooms investes £93M Amex Stadium (Premier League Ready).
- 2016/17: Brighton promoted to Premier League.
- 2020: Rise of Brighton to Premier League and investments see net worth £1B.
- 2023: Brighton qualifies for European competition.
- 2024: Appointed an MBE in New Year Honours for services to association football and to the community of Brighton
Photo: Freepik